commit bb0a3bdfc066787e19e7a96dcb4e877fed4ca990 Author: zrlkatrice830 Date: Wed Jan 1 11:17:27 2025 +0800 Add 'Sport Betting Industry Wants To Protect Itself' 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..02d9509 --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport wagering market wants to safeguard itself
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16 September 2010
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By Bill Wilson
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reporter, BBC News
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[sports betting](https://bytes-the-dust.com/index.php/User:TwilaGoll341) on sport is huge organization.
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Sport England estimates the value of spending on sport-related [sports betting](https://tartar.app/read-blog/1730_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) 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 approximated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research company Sport & Markt approximates the total worldwide gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://rollaas.id/2024/12/30/uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling/) gaming.
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But when the integrity of events are struck the gambling market suffers, and revenues are put under hazard if consumers can not wager with confidence.
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And there can have been few higher-profile sport [sports betting](https://olps.co.za/wiki/User:DeneseRandall13) stories than those impacting 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://wolvesbaneuo.com/wiki/index.php/User:LorriRadford78) 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 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 likewise challenge the corruption charges mounted against 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 claims, but was banned recently for six months for stopping working to report the prohibited approach to him to throw frames.
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There are likewise 2 other continuing investigations - unrelated 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 most significant online sporting exchanges.
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"If the sport is viewed as honest, straight and fair that is excellent for wagering firms due to the fact that people will spend money [sports betting](https://wiki.rrtn.org/wiki/index.php/User:KLALona208) with confidence," he says.
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"If you take the Pakistan accusations, although unassociated to the UK managed wagering industry ... it is not actually a favorable story for wagering in the UK.
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"That is due to the fact that the perception is that 'cricket is now something we might have to be careful 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 professionals at a World [sports betting](https://social.updum.com/read-blog/33_compare-amp-review-oddsjet-de.html) Law Report conference into [sports betting](https://wiki.whenparked.com/User:LuigiVeitch21) gambling, the focus has to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation points out: "The only people who can fix a match are the competitors or the referee."
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His organisation represents males and females in 15 [sports betting](https://forum.petstory.ge/read-blog/3400_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html) in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.
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He thinks that it is not enough to simply have deterrents, sanctions and disciplinary treatments, however that the way to take on potential problems around gamers is also through education.
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Mr Taylor says guidelines require to be discussed plainly to players with clear examples, and by individuals they respect.
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"Through informing players about [sports betting](https://flowsocial.xyz/read-blog/550_how-to-play-bet9ja-online.html) wagering you enhance stability which is in everyone's interest," he adds.
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"If players are harder to corrupt then sport will be harder to corrupt."
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'Brand damage'
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Matt Johnson, head of regulative legal suggestions at the Football Association, concurs.
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"Prevention is much better than remedy, 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 directly," he includes.
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"If it loses that then people do not desire to wager, that is not in [sports betting](https://zekond.com/read-blog/110704_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) companies' interests, and it is not in our interests."
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He stated that once a great credibility was lost, the damage to a sport was "incalculable".
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FA guidelines suggest gamers are not enabled to wager on a competitors in which they are included.
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Mr Johnson states players need to be seen not to be capitalizing any inside knowledge, which he states could trigger "brand 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 gamers the reputational danger to the game," he states. "Once confidence has been damaged it is tough to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" approach, then possibly Nick Tofiluk, director of regulation at the Gambling Commission, represents the "stick".
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The Gambling Commission was set up under the Gambling Act 2005 to control commercial [sports betting](https://www.yewiki.org/User:DrewRayford) in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has duty for policing all [sports betting](https://zekond.com/read-blog/112505_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) in the UK apart from spread [sports betting](https://demo.wowonderstudio.com/read-blog/2601_compare-amp-review-oddsjet-de.html), which is the remit of the FSA.
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"The overwhelming majority of [sports betting](http://www.larsaluarna.se/index.php/User:OtiliaLamm931) wagering occurring through UK operators is legal and reasonable," 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 [cheating](http://woorichat.com/read-blog/10302_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) has the possible to undermine the integrity of a sport, and it also damages the business interests of [sports betting](http://video.firstkick.live/read-blog/4656_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) bodies and [sports betting](https://mxlinkin.mimeld.com/read-blog/698_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html)."
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The commission has actually established an internal [Sports Betting](https://namesdev.com/read-blog/15170_how-to-attract-users-to-my-fantasy-sports-platform.html) Intelligence Unit to receive and distribute info to sporting authorities, wagering companies and policing authorities.
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"Since 2007 we have actually experienced a substantial insight into world of corrupt [sports betting](https://younivix.com/read-blog/29899_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html)," he says.
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"We will signal [sports betting](https://vibrantclubs.com/read-blog/11327_how-to-attract-users-to-my-fantasy-sports-platform.html) of our issues, to help avoid or cut [illegal] activity"
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In May 2010, the commission also presented a private 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 unfaithful in relation to greyhound racing.
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However, Mr Tofiluk says there are still eight continuous examinations, which much helpful details has likewise been passed to [sports betting](http://video.firstkick.live/read-blog/4654_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) 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 ceasing a criminal examination "in favour of letting [sports betting](https://encone.com/read-blog/46227_the-history-of-the-nfl-and-how-to-bet-on-it.html) governing bodies take the lead".
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Meanwhile, he states a number of those wanting to cheat the [sports betting](https://chateando.net/read-blog/213_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) industry were educated about [sports betting](http://archmageriseswiki.com/index.php/User:TheresaVelazquez) and sporting people, and about wagering operations and the movement of cash.
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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://blkbook.blactive.com/read-blog/2312_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.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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