commit 9ca1013cc4c31aff98d28b2698c0e5b2246a8a7f Author: mariothy766481 Date: Wed Jan 29 15:09:34 2025 +0000 Update 'Sport Betting Industry Seeks To Protect Itself' 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..d96e385 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,54 @@ +
Betting on sport is huge organization.
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Sport England estimates the worth of costs on sport-related gambling 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 season.
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Meanwhile, German research company Sport & Markt estimates the overall global betting market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and sports gaming.
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But when the stability of occasions are struck the gaming industry suffers, and revenues are put under risk 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 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 gambling market now.
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"Not only is it a considerable market in world service, 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 accusations connecting to a test against England at Lord's last month.
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Three of these players have stated they will likewise 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, but was banned recently for 6 months for stopping working to report the illegal approach to him to throw frames.
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There are likewise 2 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, among the UK's biggest online sporting exchanges.
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"If the sport is perceived as honest, straight and reasonable that is great for wagering companies because individuals will invest cash betting with self-confidence," he states.
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"If you take the Pakistan accusations, although unassociated to the UK regulated wagering market ... it is not really 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 might have to beware 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 professionals at a World Sports Law Report conference into [sports betting](http://copyvance.com/gnuboard5/bbs/board.php?bo_table=free&wr_id=47282), the focus has to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation mentions: "The only individuals who can fix a match are the rivals or the referee."
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His organisation represents males and females 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 insufficient to merely have deterrents, sanctions and disciplinary procedures, however that the way to take on possible issues around gamers is likewise through education.
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Mr Taylor states rules need to be explained clearly to gamers with clear examples, and by people they respect.
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"Through informing players about [sports betting](https://droidt99.com/read-blog/10748_sport-betting-industry-seeks-to-protect-itself.html) you strengthen integrity and that remains in everybody's interest," he adds.
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"If players are harder to corrupt then sport will be more difficult to corrupt."
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'Brand damage'
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Matt Johnson, head of regulative legal guidance at the Football Association, concurs.
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"Prevention is much better than remedy, and we likewise make a point of telling gamers 'you are going to be captured'."
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"It is essential that sport is directly, and is seen to be directly," he includes.
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"If it loses that then people do not want 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 "incalculable".
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FA guidelines imply gamers are not permitted to bank on a competitors in which they are involved.
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Mr Johnson states players need to be seen not to be cashing in on any inside knowledge, which he says could cause "brand damage" to football and its competitors.
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So, even a Second Division gamer 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 have to get over to gamers the reputational danger to the game," he states. "Once self-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" method, then possibly 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 manage industrial betting 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 wagering, which is the remit of the FSA.
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"The overwhelming majority of sports 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 result of a sporting occasion.
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"Such cheating has the possible to undermine the integrity of a sport, and it also damages the commercial interests of sports bodies and sports wagering."
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The commission has actually developed an internal [Sports Betting](http://wiki.die-karte-bitte.de/index.php/Recent_MA_Sports_Betting_Proposal_Contains_Massive_Tax_Increase_And_Restriction_On_In-Play_Betting) Intelligence Unit to receive and distribute details to sporting authorities, betting companies and policing authorities.
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"Since 2007 we have experienced a significant insight into world of corrupt [sports betting](https://chutpatti.com/read-blog/48446_cover-the-bases-sports-betting-news-and-notes-from-the-past-week.html)," he says.
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"We will inform sports of our issues, to help avoid or cut [prohibited] activity"
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In May 2010, the commission also introduced a confidential 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 period there has been simply one criminal prosecution, a 24-year-old male who was cautioned for cheating in relation to greyhound racing.
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However, Mr Tofiluk says there are still 8 ongoing examinations, and that much beneficial info has also been passed to sports authorities.
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He said that where an examination by a sport governing body was quicker, and more expense effective, then the commission would consider ceasing a criminal investigation "in favour of letting [sports betting](https://linkpiz.com/vn/34984/massachusetts-proposal-includes-significant-prohibition) governing bodies take the lead".
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Meanwhile, he states a lot of those wanting to cheat the [sports betting](https://www.ayuujk.com/read-blog/1092_sport-betting-industry-seeks-to-protect-itself.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 assist in their business."
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