From c8cdf5447547bda3900e905160e54c2dcefa2aef Mon Sep 17 00:00:00 2001 From: philmetzler890 Date: Thu, 2 Jan 2025 05:12:41 -0600 Subject: [PATCH] Add 'Sport Betting Industry Aims To Protect Itself' --- ...Betting-Industry-Aims-To-Protect-Itself.md | 68 +++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Aims-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Aims-To-Protect-Itself.md b/Sport-Betting-Industry-Aims-To-Protect-Itself.md new file mode 100644 index 0000000..5ed70a3 --- /dev/null +++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport [sports betting](https://friends.win/read-blog/20682_the-ins-and-outs-of-betting-on-the-nfl-draft.html) market aims 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://www.miptrucking.net/read-blog/1281_the-ins-and-outs-of-betting-on-the-nfl-draft.html) on sport is substantial company.
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Sport England approximates the value of spending on sport-related [sports betting](https://trackrecord.id/read-blog/1980_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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And that figure is most likely to have grown further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summertime.
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Meanwhile, German research study company Sport & Markt approximates the general international [sports betting](https://swaggspot.com/read-blog/9692_the-history-of-the-nfl-and-how-to-bank-on-it.html) market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://southwales.com/read-blog/303_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html).
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But when the integrity of occasions are hit the gambling market suffers, and profits are put under threat 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 talks about the [sports betting](https://surgiteams.com/index.php/User:EvieBrannon3613) market now.
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"Not only is it a significant market in world organization, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have actually been questioned by authorities over spot-fixing accusations associating with a test against England at Lord's last month.
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Three of these players have 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 champion John Higgins was cleared of match-fixing accusations, but was banned last week for 6 months for stopping working to report the unlawful method to him to throw frames.
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There are likewise 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, among the UK's biggest online sporting exchanges.
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"If the sport is perceived as sincere, straight and reasonable that is good for [sports betting](https://flowsocial.xyz/read-blog/587_how-are-betting-odds-calculated.html) firms because people will spend money [sports betting](https://energypowerworld.co.uk/read-blog/144498_why-every-cricket-fan-should-try-the-all-cricket-id-gaming-platform.html) with self-confidence," he says.
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"If you take the Pakistan allegations, although unrelated to the UK managed wagering industry ... it is not actually a positive story for wagering in the UK.
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"That is due to the fact that 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 [prevent future](https://social.midnightdreamsreborns.com/read-blog/13389_how-to-attract-users-to-my-fantasy-sports-platform.html) scandals?
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According to professionals at a World [sports betting](https://ekotur.online/gambling/how-to-attract-users-to-my-fantasy-sports-platform/) Law Report conference into [sports betting](https://wo.linyway.com/read-blog/1736_the-history-of-the-nfl-and-how-to-bet-on-it.html), the focus has to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation explains: "The only people who can fix a match are the rivals or the referee."
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His organisation represents men and females in 15 [sports betting](https://www.jaitun.com/read-blog/15179_the-ins-and-outs-of-betting-on-the-nfl-draft.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
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He believes that it is inadequate to simply have deterrents, sanctions and [disciplinary](http://archmageriseswiki.com/index.php/User:TraciKnaggs0) treatments, however that the way to tackle prospective issues around players is likewise through education.
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Mr Taylor states guidelines need to be described plainly to gamers with clear examples, and by people they appreciate.
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"Through educating gamers about [sports betting](https://issosyal.com/read-blog/10863_things-you-need-to-understand-about-rafting-adventures.html) wagering you strengthen stability and that is in everyone's interest," he includes.
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"If players 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 recommendations at the Football Association, concurs.
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"Prevention is better than treatment, and we also make a point of informing players 'you are going to be caught'."
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"It is imperative that sport is straight, and is seen to be straight," he includes.
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"If it loses that then individuals do not desire to bet, that is not in gambling companies' interests, and it is not in our interests."
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He stated that when an excellent credibility was lost, the damage to a sport was "enormous".
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mean gamers are not allowed to wager on a competitors in which they are included.
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Mr Johnson says gamers need to be seen not to be capitalizing any inside understanding, which he states could cause "brand name damage" to football and its competitions.
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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 need to get over to players the reputational risk to the game," he states. "Once 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 possibly Nick Tofiluk, director of policy 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 cops, Mr Tofiluk has responsibility for policing all [sports betting](https://heatwave.app/read-blog/389_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) in the UK apart from spread [sports betting](https://wiki.fablabbcn.org/User:VickyTozier810), which is the remit of the FSA.
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"The frustrating bulk of [sports betting](https://sportify.brandnitions.com/read-blog/57_how-to-play-bet9ja-online.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 disrupt the result of a sporting occasion.
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"Such unfaithful has the possible to weaken the integrity of a sport, and it likewise damages the commercial interests of [sports betting](https://lets.chchat.me/read-blog/1787_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) bodies and [sports betting](http://kitsap.whigdev.com/read-blog/3083_the-ins-and-outs-of-betting-on-the-nfl-draft.html)."
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The commission has developed an internal [Sports Betting](http://chillibell.com/read-blog/478_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) Intelligence Unit to receive and share details to sporting authorities, [sports betting](http://woorichat.com/read-blog/10327_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) companies and policing authorities.
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"Since 2007 we have experienced a considerable insight into world of corrupt [sports betting](http://www.engel-und-waisen.de/index.php/Benutzer:JacklynBottrill) wagering," he says.
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"We will signal [sports betting](https://www.buzzgate.net/read-blog/495_for-sports-gambling-to-be-legalised.html) of our issues, to help prevent or curtail [illegal] 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 guy who was cautioned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still 8 ongoing investigations, which much useful details has actually likewise been passed to [sports betting](https://tripta.social/read-blog/1485_the-ins-and-outs-of-betting-on-the-nfl-draft.html) authorities.
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He said that where an investigation by a sport governing body was quicker, and more expense efficient, then the commission would consider ceasing a criminal investigation "in favour of letting [sports betting](https://sportify.brandnitions.com/read-blog/47_sport-betting-industry-aims-to-protect-itself.html) governing bodies take the lead".
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Meanwhile, he says a lot of those wanting to cheat the [sports betting](https://lovewiki.faith/wiki/User:ArlieMcKinley) market were experienced about [sports betting](https://myquora.myslns.com/index.php?qa=40511&qa_1=betting-firms-gamble-united-states-after-sports-wager-ruling) and sporting individuals, and about wagering operations and the motion of money.
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"They look for the vulnerabilities of these to assist in their enterprises."
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Related internet links
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World [sports betting](https://philadelphiaflyersclub.com/read-blog/8441_sport-betting-industry-looks-to-protect-itself.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
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
BLP
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Gambling Commission
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