From ec40e674b90632074caafaaacc02e7956cb0a9b5 Mon Sep 17 00:00:00 2001 From: omarnair967972 Date: Thu, 2 Jan 2025 02:15:26 +0100 Subject: [PATCH] Add Sport Betting Industry Wants To Protect Itself --- ...etting-Industry-Wants-To-Protect-Itself.md | 68 +++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Wants-To-Protect-Itself.md 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..9bd898f --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bit.ly](https://bit.ly/AviatorGameOnlineBET9JA)
Sport betting industry aims to safeguard itself
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
16 September 2010
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
By Bill Wilson
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Business press reporter, BBC News
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Betting on sport is big service.
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Sport England estimates the worth 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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And that figure is likely to have actually grown even more, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summertime.
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Meanwhile, German research study company Sport & Markt estimates the total international gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://kiigasofthub.com/read-blog/10136_sport-betting-industry-looks-to-protect-itself.html) gambling.
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But when the integrity of events are hit the betting industry suffers, and earnings are put under danger if customers can not wager with self-confidence.
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And there can have been few higher-profile sport [sports betting](https://wooshbit.com/read-blog/18735_compare-amp-review-oddsjet-de.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](https://mxlinkin.mimeld.com/read-blog/703_things-you-need-to-learn-about-rafting-adventures.html) 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 cops over spot-fixing allegations associating with a test versus England at Lord's last month.
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Three of these players have stated they will also 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 champ John Higgins was cleared of match-fixing accusations, however was prohibited recently for six months for failing to report the illegal approach to him to throw frames.
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There are also two other continuing investigations - not related 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 perceived as sincere, and fair that benefits [sports betting](https://energypowerworld.co.uk/read-blog/144383_the-ins-and-outs-of-betting-on-the-nfl-draft.html) companies due to the fact that people will spend cash betting with confidence," he says.
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"If you take the Pakistan accusations, although unrelated to the UK managed [sports betting](https://tribetok.com/read-blog/88_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) industry ... it is not truly a favorable story for [sports betting](https://ozoms.com/read-blog/11108_the-ins-and-outs-of-betting-on-the-nfl-draft.html) in the UK.
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"That is because the understanding is that 'cricket is now something we might need to be careful 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 experts at a World [sports betting](https://krazzykross.com/read-blog/1529_how-to-withdraw-from-bet9ja-8-step-guide-to-cash-in-your-wins.html) Law Report conference into [sports betting](https://www.9iii9.com/read-blog/957_just-how-much-are-americans-spending-on-sports-betting.html), the focus needs to be on sportspersons 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 competitors or the referee."
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His organisation represents males and women in 15 [sports betting](https://jamboz.com/read-blog/186_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.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 not sufficient to merely have deterrents, sanctions and disciplinary treatments, however that the method to take on prospective concerns around gamers is also through education.
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Mr Taylor states guidelines require to be explained plainly to players with clear examples, and by people they appreciate.
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"Through informing players about [sports betting](https://friends.win/read-blog/20747_the-history-of-the-nfl-and-how-to-bet-on-it.html) wagering you enhance stability which is in everyone's interest," he adds.
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"If gamers 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 advice at the Football Association, concurs.
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"Prevention is better than remedy, and we also make a point of informing players 'you are going to be caught'."
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"It is vital that sport is directly, and is seen to be straight," he adds.
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"If it loses that then people do not want to bet, that is not in gambling companies' interests, and it is not in our interests."
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He stated that once a good reputation was lost, the damage to a sport was "incalculable".
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FA rules imply gamers are not enabled to bet on a competition in which they are involved.
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Mr Johnson says gamers need to be seen not to be capitalizing any inside knowledge, which he states might trigger "brand name damage" to football and its competitors.
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So, even a 2nd Division gamer knocked out of the FA Cup in the autumn can not bank on a Manchester United v Chelsea cup final the following spring.
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"We need to overcome to gamers the reputational threat to the video game," he states. "Once self-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" method, then perhaps Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".
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The Gambling Commission was established under the Gambling Act 2005 to control industrial gambling in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has obligation for policing all wagering in the UK apart from spread wagering, which is the remit of the FSA.
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"The overwhelming bulk of [sports betting](https://chateando.net/read-blog/213_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) wagering occurring through UK operators is legal and fair," he says.
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"But for some there is the temptation to ... corruptly hinder the outcome of a sporting event.
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"Such cheating has the potential to weaken the stability of a sport, and it likewise damages the industrial interests of [sports betting](https://socialsnug.net/read-blog/8156_compare-amp-review-oddsjet-de.html) bodies and [sports betting](https://pittsburghpenguinsclub.com/read-blog/11520_why-every-cricket-fan-ought-to-try-the-all-cricket-id-gaming-platform.html)."
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The commission has actually developed an in-house [Sports Betting](https://wheeoo.com/read-blog/57802_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) Intelligence Unit to receive and disseminate info to sporting authorities, [sports betting](https://sfqatest.sociofans.com/read-blog/656_how-fantasy-betting-app-development-companies-and-sports-developers.html) firms and policing authorities.
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"Since 2007 we have experienced a considerable insight into world of corrupt [sports betting](https://heatwave.app/read-blog/444_how-fantasy-betting-app-development-companies-and-sports-developers.html) wagering," he states.
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"We will notify [sports betting](https://social.updum.com/read-blog/276_the-ins-and-outs-of-betting-on-the-nfl-draft.html) of our issues, to help prevent or curtail [prohibited] activity"
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In May 2010, the commission also introduced a private 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 guy 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 information has actually also been passed to [sports betting](https://online-learning-initiative.org/wiki/index.php/User:RuebenDalley87) authorities.
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He stated that where an investigation by a sport governing body was quicker, and more cost efficient, then the commission would consider terminating a criminal investigation "in favour of letting [sports betting](https://we2chat.net/read-blog/26330_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) governing bodies take the lead".
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Meanwhile, he states much of those seeking to cheat the [sports betting](https://almightyblondeone.com/index.php/User:CooperApple) industry were experienced about [sports betting](https://skylockr.app/read-blog/215_the-history-of-the-nfl-and-how-to-bank-on-it.html) and sporting people, and about [sports betting](https://issosyal.com/read-blog/10048_how-are-betting-odds-calculated.html) operations and the motion of cash.
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"They seek out the vulnerabilities of these to help in their enterprises."
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Related internet links
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World [sports betting](https://vishwakarmacommunity.org/read-blog/7944_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.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
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) +
BLP
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Gambling Commission
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) \ No newline at end of file