commit 22c5ad223446aca9c50727bd91fe8b110ae2cb63 Author: edwardshade04 Date: Tue Dec 31 21:06:46 2024 +0800 Update '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..e3ed87e --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport [sports betting](http://www.seferpanim.com/read-blog/382_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) market wants to secure itself
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16 September 2010
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By Bill Wilson
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Business press reporter, BBC News
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[sports betting](https://gamehiker.com/wiki/index.php/User:MarinaPack253) on sport is substantial organization.
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Sport England approximates the value of costs on sport-related gaming 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 further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research study firm Sport & Markt estimates the overall global betting market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://bundas24.com/read-blog/175547_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) gaming.
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But when the integrity of events are struck the gaming market suffers, and incomes are put under hazard if customers can not bet with confidence.
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And there can have been few higher-profile sport [sports betting](https://blkbook.blactive.com/read-blog/2312_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) 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 speak about the [sports betting](http://wiki-tb-service.com/index.php?title=Benutzer:AbigailNewell5) gambling market now.
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"Not just is it a substantial market in world business, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have actually been questioned by police over spot-fixing claims connecting to a test against England at Lord's last month.
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Three of these gamers 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 champ John Higgins was cleared of match-fixing claims, however was prohibited recently for six months for stopping working to report the prohibited technique to him to toss 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, one of the UK's greatest online sporting exchanges.
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"If the sport is viewed as truthful, straight and fair that benefits wagering firms because individuals will invest money wagering with confidence," he says.
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"If you take the Pakistan claims, although unrelated to the UK controlled [sports betting](http://archmageriseswiki.com/index.php/User:DUSJulie51585042) market ... it is not truly 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 may 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 betting](https://mysuccessdarpan.com/read-blog/12325_how-are-betting-odds-calculated.html) Law Report conference into [sports betting](https://iuridictum.pecina.cz/w/U%C5%BEivatel:RachelPate3166), the focus needs to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation mentions: "The only people who can fix a match are the rivals or the referee."
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His organisation represents males and females in 15 [sports betting](https://jamboz.com/read-blog/181_the-ins-and-outs-of-betting-on-the-nfl-draft.html) 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 insufficient to merely have deterrents, sanctions and disciplinary procedures, but that the method to take on potential concerns around gamers is also through education.
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Mr Taylor states guidelines require to be explained clearly to players with clear examples, and by individuals they respect.
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"Through educating gamers about [sports betting](https://learn.ivlc.com/read-blog/61_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) you reinforce integrity and that remains 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 recommendations at the Football Association, concurs.
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"Prevention is much better than treatment, and we likewise make a point of informing gamers 'you are going to be caught'."
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"It is crucial that sport is straight, and is seen to be directly," he includes.
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"If it loses that then individuals do not desire to wager, that is not in gaming firms' interests, and it is not in our interests."
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He said that once a great reputation was lost, the damage to a sport was "enormous".
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FA guidelines suggest players are not allowed to bank on a competitors in which they are involved.
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Mr Johnson states gamers have actually to be seen not to be capitalizing any inside understanding, which he states might cause "brand name damage" to football and its competitions.
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So, even a 2nd Division player knocked out of the FA Cup in the fall can not bank on a Manchester United v Chelsea cup last the following spring.
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"We need to overcome to gamers the reputational threat to the video game," he says. "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 perhaps Nick Tofiluk, 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 industrial [sports betting](https://philadelphiaflyersclub.com/read-blog/8451_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has responsibility for policing all betting in the UK apart from spread [sports betting](https://ai.tienda/read-blog/7265_missouri-sports-betting-ballot-measure-approved-by-voters.html), which is the remit of the FSA.
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"The frustrating majority of [sports betting](https://skylockr.app/read-blog/225_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) wagering occurring through UK operators is legal and fair," he states.
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"But for some there is the temptation to ... corruptly hinder the outcome of a sporting occasion.
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"Such unfaithful has the possible to undermine the integrity of a sport, and it also damages the industrial interests of [sports betting](https://sundaycareers.com/read-blog/2640_why-every-cricket-fan-should-try-the-all-cricket-id-gaming-platform.html) bodies and [sports betting](https://naijamatta.com/read-blog/34910_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html)."
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The commission has actually established an in-house [Sports Betting](https://youfurry.com/read-blog/37999_best-u-s-sports-betting-sites-amp-sportsbooks-for-2024.html) Intelligence Unit to get and distribute details to sporting authorities, [sports betting](https://wavedream.wiki/index.php/User:KandiArmijo8) companies and policing authorities.
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"Since 2007 we have experienced a considerable insight into world of corrupt [sports betting](https://wavedream.wiki/index.php/User:GARKazuko931453)," he says.
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"We will notify [sports betting](https://alumni.myra.ac.in/read-blog/148636_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) of our issues, to assist avoid or curtail [illegal] activity"
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In May 2010, the commission also introduced a personal telephone hotline for those with information or suspicions.
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'Vulnerabilities'
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But in a two-and-a-half year duration there has been just one criminal prosecution, a 24-year-old man who was warned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk says there are still eight ongoing examinations, which much helpful info has actually also been passed to [sports betting](https://voggisper.com/read-blog/1228_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.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 terminating a criminal examination "in favour of letting [sports betting](http://www.larsaluarna.se/index.php/User:LynEwx161979585) governing bodies take the lead".
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Meanwhile, he says a lot of those looking to cheat the [sports betting](https://olps.co.za/wiki/User:TroyKitson07613) industry were educated about [sports betting](https://www.facetwig.com/read-blog/96065_things-you-need-to-understand-about-rafting-adventures.html) and sporting people, and about [sports betting](https://app.theremoteinternship.com/read-blog/25807_just-how-much-are-americans-spending-on-sports-betting.html) operations and the motion of money.
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"They look for the vulnerabilities of these to assist in their business."
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Related web links
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World [sports betting](https://social.instinxtreme.com/read-blog/13739_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.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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