From 9b7ba76a12a7bea184e974e9ae78a72b5cbfee2f Mon Sep 17 00:00:00 2001 From: bjwlonny54259 Date: Tue, 31 Dec 2024 07:58:11 +0800 Subject: [PATCH] Add Sport Betting Industry Wants To Protect Itself --- ...etting-Industry-Wants-To-Protect-Itself.md | 68 +++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Wants-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Wants-To-Protect-Itself.md b/Sport-Betting-Industry-Wants-To-Protect-Itself.md new file mode 100644 index 0000000..61fe871 --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport [sports betting](https://www.grandtribunal.org/wiki/User:BerryLovejoy82) industry looks to safeguard itself
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16 September 2010
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By Bill Wilson
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Business reporter, BBC News
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[sports betting](https://twixxor.com/read-blog/8915_for-sports-gambling-to-be-legalised.html) on sport is big organization.
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Sport England approximates the value of spending on sport-related gambling in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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Which figure is most likely to have actually grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research study firm Sport & Markt approximates the total worldwide gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://web-chat.cloud/question2answer/index.php?qa=55012&qa_1=the-history-of-the-nfl-and-how-to-bank-on-it) gambling.
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But when the integrity of events are hit the gaming industry suffers, and incomes are put under risk if clients can not bet with confidence.
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And there can have been couple of higher-profile sport [sports betting](https://oeclub.org/index.php/User:Harold1469) stories than those affecting cricket and snooker this year.
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High-profile
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As Sport & Markt's Gareth Moore observes: "Everyone talks about the [sports betting](https://netgork.com/read-blog/110105_online-betting-firms-gamble-on-soccer-mad-nigeria.html) market now.
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"Not just is it a considerable market in world service, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have been questioned by cops over spot-fixing claims connecting to a test against England at Lord's last month.
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Three of these gamers have actually stated they will also challenge the corruption charges mounted versus the trio by the sport governing body the International Cricket Council.
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Meanwhile, three-times snooker world champ John Higgins was cleared of match-fixing claims, however was banned recently for six months for stopping working to report the unlawful technique to him to toss frames.
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There are also two other continuing investigations - not related to Mr Higgins - into snooker.
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'Honest'
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David O'Reilly is legal counsel for Betfair, among the UK's most significant online sporting exchanges.
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"If the sport is viewed as sincere, straight and fair that benefits betting firms because individuals will invest money wagering with confidence," he states.
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"If you take the Pakistan accusations, although unrelated to the UK regulated betting industry ... it is not actually a favorable story for wagering in the UK.
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"That is because the perception is that 'cricket is now something we may need to be cautious about'."
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'Education'
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So what can be done to avoid future scandals?
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According to experts at a World [sports betting](https://chateando.net/read-blog/230_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) Law Report conference into [sports betting](https://rhabits.io/read-blog/7328_online-betting-firms-gamble-on-soccer-mad-nigeria.html) gambling, the focus has to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation mentions: "The only individuals who can repair a match are the competitors or the referee."
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His organisation represents men and women in 15 [sports betting](https://fishtanklive.wiki/User:EstelaUrl6553664) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
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He thinks that it is not sufficient to merely have deterrents, sanctions and disciplinary treatments, however that the method to tackle possible concerns around gamers is also through .
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Mr Taylor states guidelines need to be discussed clearly to players with clear examples, and by people they respect.
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"Through informing players about [sports betting](https://wiki.vifm.info/index.php/User:AngelinaForshee) you enhance integrity and that is in everyone's interest," he adds.
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"If gamers are more difficult to corrupt then sport will be more difficult to corrupt."
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'Brand damage'
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Matt Johnson, head of regulatory legal advice at the Football Association, concurs.
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"Prevention is much better than treatment, and we likewise make a point of telling players 'you are going to be caught'."
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"It is essential that sport is directly, and is seen to be straight," he adds.
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"If it loses that then people don't desire to bet, that is not in gambling firms' interests, and it is not in our interests."
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He said that as soon as a great credibility was lost, the damage to a sport was "enormous".
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FA rules imply gamers are not permitted to wager on a competitors in which they are included.
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Mr Johnson says gamers have to be seen not to be cashing in on any inside knowledge, which he says might trigger "brand damage" to football and its competitors.
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So, even a Second Division player knocked out of the FA Cup in the fall can not bank on a Manchester United v Chelsea cup final the following spring.
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"We have to overcome to players the reputational risk to the video game," he states. "Once self-confidence has actually been harmed it is hard to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" technique, then maybe Nick Tofiluk, director of guideline at the Gambling Commission, represents the "stick".
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The Gambling Commission was set up under the Gambling Act 2005 to manage business gaming in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has obligation for policing all [sports betting](https://wow.twinear.com/read-blog/1003_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) in the UK apart from spread wagering, which is the remit of the FSA.
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"The frustrating bulk of [sports betting](https://twoplustwoequal.com/read-blog/58958_enhance-your-business-opportunities-with-efficient-sports-apps.html) occurring through UK operators is legal and fair," he says.
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"But for some there is the temptation to ... corruptly hinder the result of a sporting event.
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"Such unfaithful has the prospective to weaken the stability of a sport, and it also harms the business interests of [sports betting](https://we2chat.net/read-blog/26467_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) bodies and [sports betting](https://embargo.energy/index.php/User:OPXJasmine) wagering."
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The commission has established an internal [Sports Betting](https://coptr.digipres.org/index.php/User:TreyMcQuade53) Intelligence Unit to get and disseminate information to sporting authorities, wagering companies and policing authorities.
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"Since 2007 we have experienced a significant insight into world of corrupt [sports betting](https://parentingliteracy.com/wiki/index.php/User:CooperAuld992)," he states.
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"We will inform [sports betting](https://youtoosocialnetwork.com/read-blog/1288_how-to-attract-users-to-my-fantasy-sports-platform.html) of our concerns, to help avoid or curtail [unlawful] activity"
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In May 2010, the commission likewise introduced a private telephone hotline for those with information or suspicions.
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'Vulnerabilities'
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But in a two-and-a-half year period there has actually been just one prosecution, a 24-year-old male who was warned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk says there are still eight ongoing investigations, and that much beneficial information has actually likewise been passed to [sports betting](http://video.firstkick.live/read-blog/4637_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) authorities.
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He stated that where an examination by a sport governing body was quicker, and more expense efficient, then the commission would think about discontinuing a criminal examination "in favour of letting [sports betting](https://twoplustwoequal.com/read-blog/58966_how-to-attract-users-to-my-fantasy-sports-platform.html) governing bodies take the lead".
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Meanwhile, he states much of those wanting to cheat the [sports betting](http://experienciacortazar.com.ar/wiki/index.php?title=Usuario:RamonWrixon34) industry were educated about [sports betting](https://oolibuzz.com/read-blog/41661_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) and sporting people, and about wagering operations and the motion of cash.
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"They seek out the vulnerabilities of these to assist in their enterprises."
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Related internet links
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World [sports betting](http://lifethelife.com/read-blog/4680_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) Law Report
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ICC
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Professional Players Federation
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Professional Footballers' Association
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The FA
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Betfair
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Sport & Markt
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BLP
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Gambling Commission
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