commit 27d75caa71f4ef95d615d8131a5761efdc6a6591 Author: Beryl Perea Date: Tue Jan 7 23:44:04 2025 +0000 Add 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..378a9f6 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
Sport [sports betting](https://miderde.de/index.php?title=Benutzer:ElmoHuonDeKermad) market wants to protect 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://aceme.ink/read-blog/1880_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) on sport is substantial service.
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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 likely to have actually grown further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer season.
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Meanwhile, German research firm Sport & Markt approximates the overall international gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://younivix.com/read-blog/29840_how-to-play-bet9ja-online.html) gaming.
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But when the stability of occasions are hit the gaming industry suffers, and incomes are put under threat if clients can not bet with confidence.
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And there can have been couple of higher-profile sport [sports betting](https://terra.planetv.wtf/read-blog/675_.html) 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 discuss the [sports betting](https://mybuddis.com/read-blog/81_things-you-need-to-know-about-rafting-adventures.html) gambling 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 ."
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Four Pakistan cricketers have actually been questioned by cops over spot-fixing accusations connecting to a test versus England at Lord's last month.
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Three of these players have actually said 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, but was banned recently for six months for stopping working to report the prohibited technique to him to throw frames.
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There are likewise 2 other continuing examinations - 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 perceived as honest, straight and fair that benefits betting firms since people will invest money [sports betting](https://cheere.org/read-blog/36275_missouri-sports-betting-ballot-measure-approved-by-voters.html) with self-confidence," he says.
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"If you take the Pakistan accusations, although unrelated to the UK managed [sports betting](https://taar.me/read-blog/8433_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) industry ... it is not really a positive story for [sports betting](https://jamboz.com/read-blog/139_how-much-are-americans-investing-in-sports-betting.html) in the UK.
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"That is since the perception is that 'cricket is now something we may 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 experts at a World [sports betting](https://unightlifetalk.site/read-blog/2702_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) Law Report conference into [sports betting](https://sotawiki.net/sota/User:LesliForsyth8) gambling, 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 competitors or the referee."
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His organisation represents men and women in 15 [sports betting](https://vishwakarmacommunity.org/read-blog/7935_how-are-betting-odds-calculated.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
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He believes that it is not enough to simply have deterrents, sanctions and disciplinary procedures, however that the method to take on possible problems around players is likewise through education.
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Mr Taylor states rules require to be explained clearly to gamers with clear examples, and by individuals they respect.
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"Through educating gamers about [sports betting](https://redebuck.com.br/read-blog/22089_just-how-much-are-americans-spending-on-sports-betting.html) you strengthen stability which remains in everybody's interest," he includes.
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"If gamers 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 suggestions at the Football Association, concurs.
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"Prevention is better than treatment, and we also make a point of informing players 'you are going to be caught'."
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"It is crucial that sport is directly, and is seen to be directly," he adds.
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"If it loses that then people don't desire to bet, that is not in betting companies' interests, and it is not in our interests."
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He stated that when a good reputation was lost, the damage to a sport was "incalculable".
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FA rules mean players are not enabled to bank on a competition in which they are involved.
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Mr Johnson states players have to be seen not to be cashing in on any inside understanding, which he says could trigger "brand damage" to football and its competitors.
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So, even a 2nd Division player knocked out of the FA Cup in the autumn can not bet on a Manchester United v Chelsea cup final the following spring.
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"We have to overcome to players the reputational threat to the video game," he says. "Once self-confidence has actually 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" technique, then possibly Nick Tofiluk, director of guideline at the Gambling Commission, represents the "stick".
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The Gambling Commission was set up under the Gambling Act 2005 to manage commercial [sports betting](https://fishtanklive.wiki/User:LouiseNicholson) in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has responsibility for policing all wagering in the UK apart from spread betting, which is the remit of the FSA.
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"The overwhelming majority of [sports betting](https://richonline.club/read-blog/3451_how-much-are-americans-spending-on-sports-betting.html) wagering taking place through UK operators is legal and reasonable," he states.
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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 unfaithful has the possible to undermine the integrity of a sport, and it also harms the commercial interests of [sports betting](https://alumni.myra.ac.in/read-blog/148606_compare-amp-review-oddsjet-de.html) bodies and [sports betting](https://bbarlock.com/index.php/User:KristyMcDavid9) wagering."
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The commission has developed an internal [Sports Betting](https://sotawiki.net/sota/User:LesliForsyth8) Intelligence Unit to get and disseminate information to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have experienced a substantial insight into world of corrupt [sports betting](https://social.myschoolfriend.ng/read-blog/40797_for-sports-gambling-to-be-legalised.html)," he states.
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"We will alert [sports betting](https://aijoining.com/read-blog/241_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) of our concerns, to help avoid or reduce [illegal] activity"
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In May 2010, the commission likewise presented a personal 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 actually been just 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 investigations, which much useful info has actually likewise been passed to [sports betting](https://complexityzoo.net/User:JFDRosie92013) authorities.
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He stated that where an examination by a sport governing body was quicker, and more expense effective, then the commission would consider stopping a criminal examination "in favour of letting [sports betting](https://forum.petstory.ge/read-blog/3403_online-betting-firms-gamble-on-soccer-mad-nigeria.html) governing bodies take the lead".
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Meanwhile, he says a lot of those looking to cheat the [sports betting](https://inicknet.com/read-blog/2189_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) wagering industry were experienced about [sports betting](https://naijamatta.com/read-blog/35013_things-you-need-to-learn-about-rafting-adventures.html) and sporting people, and about betting operations and the movement of money.
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"They seek out the vulnerabilities of these to help in their business."
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Related web links
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World [sports betting](https://pipewiki.org/wiki/index.php/User:ReneeHazon7) 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
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) \ No newline at end of file