From 5bb6365a2e2baf8c4bbab7762cde00633bbad308 Mon Sep 17 00:00:00 2001 From: louannwpx35725 Date: Wed, 29 Jan 2025 15:03:05 +0000 Subject: [PATCH] Add 'Sport Betting Industry Seeks To Protect Itself' --- ...etting-Industry-Seeks-To-Protect-Itself.md | 54 +++++++++++++++++++ 1 file changed, 54 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..8682d86 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,54 @@ +[bet9ja.com](https://landing.bet9ja.com/aviator-bet9ja?btag=yohaig&promocode=yohaig)
Betting on sport is huge organization.
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Sport England estimates the value of spending 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 even more, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summertime.
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Meanwhile, German research firm Sport & Markt estimates the general international gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and sports gaming.
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But when the stability of events are hit the betting market suffers, and incomes are put under hazard if customers can not wager with confidence.
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And there can have been couple of higher-profile sport betting 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 discuss the sports gambling market now.
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"Not only is it a substantial market in world organization, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have actually been questioned by cops over spot-fixing allegations associating with a test against 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 claims, however was banned recently for six months for stopping working to report the unlawful technique to him to throw frames.
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There are also two 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, among the UK's biggest online sporting exchanges.
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"If the sport is viewed as honest, straight and fair that is good for betting companies due to the fact that individuals will invest money betting with confidence," he states.
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"If you take the Pakistan claims, although unassociated to the UK managed wagering market ... it is not really a positive story for betting in the UK.
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"That is because the understanding is that 'cricket is now something we might have to be cautious about'."
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'Education'
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So what can be done to prevent future scandals?
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According to specialists at a World Sports Law Report conference into [sports betting](https://galgbtqhistoryproject.org/wiki/index.php/New_MA_Sports_Betting_Proposal_Includes_Significant_Tax_Boost_Ban_On_In-Play_Betting) gambling, the focus has to be on sportspersons 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 guys and women 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 inadequate to simply have deterrents, sanctions and disciplinary treatments, but that the method to tackle potential concerns around gamers is likewise through education.
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Mr Taylor states rules need to be described plainly to players with clear examples, and by people they appreciate.
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"Through educating gamers about sports wagering you strengthen stability which is in everyone's interest," he adds.
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"If players are more difficult to corrupt then sport will be harder to corrupt."
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'Brand damage'
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Matt Johnson, head of regulatory legal guidance at the Football Association, agrees.
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"Prevention is better than cure, and we likewise make a point of telling gamers 'you are going to be captured'."
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"It is vital that sport is straight, and is seen to be directly," he includes.
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"If it loses that then individuals don't wish to bet, that is not in betting 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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FA rules imply gamers are not enabled to bank on a competitors in which they are involved.
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Mr Johnson says gamers have to be seen not to be capitalizing any inside understanding, which he states might 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 autumn can not bank 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 game," he states. "Once confidence has been damaged it is difficult 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 policy 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 gaming in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has obligation for policing all betting in the UK apart from spread betting, which is the remit of the FSA.
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"The overwhelming majority of [sports betting](http://ccrr.ru/read-blog/30032_cover-the-bases-sports-betting-news-and-notes-from-the-past-week.html) occurring through UK operators is legal and reasonable," he states.
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"But for some there is the temptation to ... corruptly disrupt the outcome of a sporting event.
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"Such cheating has the possible to undermine the integrity of a sport, and it also damages the industrial interests of [sports betting](https://sharefolks.com/read-blog/22870_sport-betting-industry-looks-to-protect-itself.html) bodies and sports wagering."
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The commission has developed an internal [Sports Betting](http://enrichedu.co.kr/bbs/board.php?bo_table=08_03_01&wr_id=428961) Intelligence Unit to get and share information to sporting authorities, betting companies and policing authorities.
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"Since 2007 we have experienced a considerable insight into world of corrupt sports wagering," he states.
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"We will notify sports of our issues, to assist avoid or reduce [unlawful] activity"
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In May 2010, the commission also introduced a private telephone hotline for those with details or suspicions.
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'Vulnerabilities'
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But in a two-and-a-half year period there has been simply one prosecution, a 24-year-old male who was cautioned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk says there are still 8 ongoing investigations, and that much beneficial information has likewise been passed to [sports betting](https://inicknet.com/read-blog/3409_latest-ma-sports-betting-proposal-includes-substantial-tax-increase-and-prohibit.html) authorities.
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He said that where an investigation by a sport governing body was quicker, and more cost efficient, then the commission would consider terminating a criminal examination "in favour of letting sports governing bodies take the lead".
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Meanwhile, he states numerous of those aiming to cheat the [sports betting](https://pullmycrowd.com/read-blog/1467_recent-ma-sports-betting-proposal-contains-substantial-tax-hike-amp-prohibition.html) industry were experienced about sports and sporting people, and about betting 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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