From 3c3c6bcbed2e703bd15333146418dea9ddb63a94 Mon Sep 17 00:00:00 2001 From: buckfuchs11947 Date: Tue, 31 Dec 2024 14:06:30 +0100 Subject: [PATCH] Add Sport Betting Industry Seeks To Protect Itself --- ...etting-Industry-Seeks-To-Protect-Itself.md | 69 +++++++++++++++++++ 1 file changed, 69 insertions(+) create mode 100644 Sport-Betting-Industry-Seeks-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Seeks-To-Protect-Itself.md b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md new file mode 100644 index 0000000..4191b20 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,69 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Sport wagering industry seeks to secure 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://kenyansocial.com/read-blog/1351_missouri-sports-betting-ballot-measure-approved-by-voters.html) on sport is big company.
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Sport England estimates the value of costs 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 even more, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research study company Sport & Markt estimates the general global [sports betting](https://bestchristian.com/read-blog/2972_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and .
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But when the stability of events are hit the gaming market suffers, and earnings are put under danger if clients can not bet with self-confidence.
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And there can have been few higher-profile sport wagering 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 discuss the [sports betting](https://forum.petstory.ge/read-blog/3400_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html) gambling market now.
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"Not just is it a significant market in world company, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have actually been questioned by authorities 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 accusations, but was banned last week for 6 months for failing to report the illegal method to him to toss frames.
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There are also 2 other continuing examinations - not related to Mr Higgins - into snooker.
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'Honest'
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David O'Reilly is legal counsel for Betfair, one of the UK's biggest online sporting exchanges.
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"If the sport is perceived as sincere, straight and fair that benefits wagering firms due to the fact that people will invest money wagering with self-confidence," he says.
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"If you take the Pakistan accusations, although unrelated to the UK controlled [sports betting](https://wiki.vifm.info/index.php/User:BerndLevey) [industry](https://mysuccessdarpan.com/read-blog/12291_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) ... it is not actually a favorable story for [sports betting](https://tartar.app/read-blog/1730_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) in the UK.
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"That is since the understanding is that 'cricket is now something we may need to be mindful 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 specialists at a World [sports betting](https://social.instinxtreme.com/read-blog/14247_the-ins-and-outs-of-betting-on-the-nfl-draft.html) Law Report conference into [sports betting](https://doum.cn/read-blog/1927_how-to-play-bet9ja-online.html), the focus has to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation mentions: "The only people who can repair a match are the rivals or the referee."
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His organisation represents males and females in 15 [sports betting](https://chateando.net/read-blog/228_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) 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](https://mixup.wiki/index.php/User:MarleneCall) treatments, however that the method to tackle prospective issues around players is also through education.
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Mr Taylor says rules require to be described clearly to gamers with clear examples, and by people they respect.
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"Through informing players about [sports betting](http://1600-6765.com/board_fyUJ95/176750) wagering you strengthen stability and that is in everybody's interest," he includes.
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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 regulative legal suggestions at the Football Association, agrees.
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"Prevention is better than treatment, and we also make a point of telling players 'you are going to be caught'."
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"It is important that sport is directly, and is seen to be straight," he includes.
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"If it loses that then individuals do not wish to bet, that is not in [sports betting](https://wiki.vst.hs-furtwangen.de/wiki/User:RafaelaOlden072) firms' interests, and it is not in our interests."
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He stated that as soon as a great credibility was lost, the damage to a sport was "incalculable".
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FA rules suggest players are not enabled to bank on a competition in which they are included.
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Mr Johnson states players have to be seen not to be cashing in on any inside understanding, which he states could trigger "brand damage" to football and its competitions.
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So, even a Second Division player [knocked](https://mixup.wiki/index.php/User:ClydeShakespeare) out of the FA Cup in the fall can not bet on a Manchester United v Chelsea cup last the following spring.
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"We have to overcome to gamers the reputational danger to the video game," he says. "Once confidence has 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" approach, 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 industrial 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://chateando.net/read-blog/230_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) in the UK apart from spread wagering, which is the remit of the FSA.
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"The frustrating majority of [sports betting](https://wooshbit.com/read-blog/18772_the-ins-and-outs-of-betting-on-the-nfl-draft.html) wagering happening through UK operators is legal and fair," he says.
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"But for some there is the temptation to ... corruptly interfere with the outcome of a sporting event.
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"Such unfaithful has the possible to weaken the stability of a sport, and it likewise hurts the business interests of [sports betting](https://socialsmerch.com/read-blog/10526_online-betting-firms-gamble-on-soccer-mad-nigeria.html) bodies and [sports betting](https://mxlinkin.mimeld.com/read-blog/703_things-you-need-to-learn-about-rafting-adventures.html) wagering."
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The commission has actually established an internal [Sports Betting](https://gigen.net/read-blog/15_how-much-are-americans-investing-in-sports-betting.html) Intelligence Unit to get and share information to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have actually experienced a considerable insight into world of corrupt [sports betting](https://friends.win/read-blog/20705_just-how-much-are-americans-spending-on-sports-betting.html) wagering," he says.
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"We will inform [sports betting](https://sundaycareers.com/read-blog/2627_online-betting-firms-gamble-on-soccer-mad-nigeria.html) of our issues, to assist avoid or cut [unlawful] activity"
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In May 2010, the commission likewise presented a personal telephone hotline for those with info or suspicions.
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'Vulnerabilities'
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But in a two-and-a-half year duration there has been simply one criminal 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 8 continuous examinations, which much helpful information has likewise been passed to [sports betting](http://www.pickmemo.com/read-blog/11276_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) authorities.
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He stated that where an examination by a sport governing body was quicker, and more cost efficient, then the commission would consider ceasing a criminal investigation "in favour of letting [sports betting](http://ratel.ng/read-blog/61_how-to-play-bet9ja-online.html) governing bodies take the lead".
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Meanwhile, he says a lot of those looking to cheat the [sports betting](https://wiki.monnaie-libre.fr/wiki/Utilisateur:CorinneWashburn) industry were educated about [sports betting](https://younivix.com/read-blog/29923_how-are-betting-odds-calculated.html) and sporting people, and about [sports betting](https://younivix.com/read-blog/29883_why-every-cricket-fan-should-try-the-all-cricket-id-gaming-platform.html) operations and the movement of cash.
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"They look for out the vulnerabilities of these to assist in their business."
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Related internet links
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World [sports betting](https://mixup.wiki/index.php/User:GloryFer54) 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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The BBC is not responsible for the content of external websites.
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