From 6de6ac931aede70d74d02aa107c74a562d27302a Mon Sep 17 00:00:00 2001 From: shonagramp6014 Date: Wed, 29 Jan 2025 23:40:23 +0900 Subject: [PATCH] Add Sport Betting Industry Looks To Protect Itself --- ...etting-Industry-Looks-To-Protect-Itself.md | 54 +++++++++++++++++++ 1 file changed, 54 insertions(+) create mode 100644 Sport-Betting-Industry-Looks-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Looks-To-Protect-Itself.md b/Sport-Betting-Industry-Looks-To-Protect-Itself.md new file mode 100644 index 0000000..92b5135 --- /dev/null +++ b/Sport-Betting-Industry-Looks-To-Protect-Itself.md @@ -0,0 +1,54 @@ +
Betting on sport is big service.
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Sport England estimates the worth of costs on sport-related betting in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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Which figure is likely to have grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer season.
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Meanwhile, German research firm Sport & Markt estimates the total global betting market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and sports gambling.
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But when the integrity of events are struck the betting industry suffers, and revenues are put under danger if consumers can not wager with confidence.
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And there can have been couple of higher-profile sport betting 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://emtaa.com/read-blog/34_cover-the-bases-sports-betting-news-and-notes-from-the-past-week.html) market now.
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"Not only is it a substantial market in world company, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have been questioned by authorities over spot-fixing claims connecting to a test versus England at Lord's last month.
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Three of these players have actually stated they will also challenge the corruption charges installed against 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, however was prohibited last week for 6 months for failing to report the unlawful technique to him to toss frames.
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There are likewise two other continuing examinations - unrelated 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 biggest online sporting exchanges.
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"If the sport is viewed as truthful, straight and fair that benefits betting companies due to the fact that people will invest money betting with self-confidence," he says.
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"If you take the Pakistan claims, although unrelated to the UK regulated wagering market ... it is not actually a positive story for betting in the UK.
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"That is due to the fact that the understanding is that 'cricket is now something we might need to take care 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 Law Report conference into sports gambling, the focus has to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation points out: "The only people who can repair a match are the rivals or the referee."
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His organisation represents guys and ladies in 15 sports in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.
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He believes that it is not enough to merely have deterrents, sanctions and disciplinary procedures, but that the method to tackle prospective issues around gamers is likewise through education.
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Mr Taylor states guidelines need to be discussed clearly to players with clear examples, and by people they appreciate.
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"Through informing gamers about [sports betting](https://marketchat.in/read-blog/2983_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) wagering you strengthen integrity which remains in everyone's interest," he adds.
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"If players are harder 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 recommendations 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 captured'."
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"It is imperative 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 wager, that is not in gaming firms' interests, and it is not in our interests."
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He stated that once a good credibility was lost, the damage to a sport was "incalculable".
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FA guidelines suggest gamers are not permitted to bank on a competitors in which they are involved.
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Mr Johnson states gamers have to be seen not to be capitalizing any inside knowledge, which he states could cause "brand damage" to football and its competitors.
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So, even a Second Division gamer knocked out of the FA Cup in the autumn can not wager on a Manchester United v Chelsea cup last the following spring.
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"We have to get over to gamers the reputational threat to the video game," he states. "Once self-confidence has been harmed it is tough 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 established under the Gambling Act 2005 to manage business gaming in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has duty for policing all betting 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://social.engagepure.com/read-blog/2231_cover-the-bases-sports-betting-news-and-notes-from-the-past-week.html) happening through UK operators is legal and reasonable," he says.
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"But for some there is the temptation to ... corruptly hinder the result of a sporting occasion.
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"Such unfaithful has the possible to undermine the integrity of a sport, and it also hurts the industrial interests of [sports betting](https://pipewiki.org/wiki/index.php/New_MA_Sports_Betting_Legislation_Includes_Significant_Tax_Increase_And_Ban_On_In-Play_Betting) bodies and [sports betting](https://rca.co.id/read-blog/2052_cover-the-bases-sports-betting-news-and-notes-from-the-past-week.html) wagering."
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The commission has established an in-house [Sports Betting](https://wiki.whenparked.com/User:BrigetteWhiteman) Intelligence Unit to receive and disseminate 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://pullmycrowd.com/read-blog/1467_recent-ma-sports-betting-proposal-contains-substantial-tax-hike-amp-prohibition.html)," he says.
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"We will notify [sports betting](https://nextcode.store/bbs/board.php?bo_table=free&wr_id=42919) of our concerns, to assist avoid or reduce [unlawful] activity"
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In May 2010, the commission likewise presented a confidential 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 actually been simply one criminal prosecution, a 24-year-old guy who was warned for cheating in relation to greyhound racing.
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However, Mr Tofiluk says there are still eight ongoing investigations, which much helpful details has also been passed to sports authorities.
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He stated that where an investigation by a sport governing body was quicker, and more expense reliable, then the commission would think about discontinuing a criminal investigation "in favour of letting sports governing bodies take the lead".
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Meanwhile, he says numerous of those aiming to cheat the [sports betting](http://sgvalley.co.kr/bbs/board.php?bo_table=free&wr_id=477191) industry were well-informed about sports and sporting individuals, and about wagering operations and the motion of money.
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"They look for the vulnerabilities of these to help in their enterprises."
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