From a9f365b68f83e1f3da00bda924d1fc42ea58f537 Mon Sep 17 00:00:00 2001 From: danilo97z83448 Date: Thu, 2 Jan 2025 12:59:41 +0800 Subject: [PATCH] Add Sport Betting Industry Looks To Protect Itself --- ...etting-Industry-Looks-To-Protect-Itself.md | 68 +++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Looks-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Looks-To-Protect-Itself.md b/Sport-Betting-Industry-Looks-To-Protect-Itself.md new file mode 100644 index 0000000..62a007f --- /dev/null +++ b/Sport-Betting-Industry-Looks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Sport [sports betting](https://terra.planetv.wtf/read-blog/671_.html) 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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Betting on sport is huge organization.
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Sport England approximates the worth of spending 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 grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer season.
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Meanwhile, German research firm Sport & Markt estimates the general worldwide gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://southwales.com/read-blog/340_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html).
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But when the integrity of occasions are hit the betting industry suffers, and incomes are put under threat if consumers can not wager with self-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 betting](https://social.japrime.id/read-blog/23472_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) market now.
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"Not only is it a considerable 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 police over spot-fixing claims associating with a test versus England at Lord's last month.
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Three of these players have stated they will likewise challenge the corruption charges installed 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 allegations, but was prohibited last week for 6 months for stopping working to report the illegal approach to him to throw frames.
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There are likewise two other continuing investigations - not associated 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 biggest online sporting exchanges.
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"If the sport is viewed as honest, straight and fair that benefits wagering firms because individuals will invest cash wagering with confidence," he states.
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"If you take the Pakistan allegations, although unassociated to the UK regulated [sports betting](https://bigtoc.com/read-blog/8966_things-you-need-to-understand-about-rafting-adventures.html) market ... it is not actually a positive story for [sports betting](https://www.heesah.com/read-blog/2217_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) in the UK.
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"That is due to the fact that the understanding is that 'cricket is now something we may need to beware 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 specialists at a World [sports betting](https://iuridictum.pecina.cz/w/U%C5%BEivatel:RachelPate3166) Law Report conference into [sports betting](https://octomo.co.uk/read-blog/6530_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) gambling, the focus has to be on sportspersons and sportswomen.
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As Simon Taylor of the Professional Players' Federation points out: "The only individuals who can repair a match are the rivals or the referee."
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His organisation represents guys and females in 15 [sports betting](https://rhabits.io/read-blog/7389_sport-betting-industry-aims-to-protect-itself.html) in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.
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He thinks that it is inadequate to simply have deterrents, sanctions and disciplinary procedures, but that the way to deal with potential concerns around gamers is also through education.
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Mr Taylor says guidelines need to be discussed plainly to gamers with clear examples, and by individuals they appreciate.
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"Through informing gamers about [sports betting](https://mysuccessdarpan.com/read-blog/12473_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) wagering you enhance integrity which is in everybody's interest," he includes.
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"If players are more difficult 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, agrees.
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"Prevention is much better than remedy, and we likewise make a point of informing gamers 'you are going to be caught'."
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"It is imperative that sport is directly, and is seen to be directly," he includes.
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"If it loses that then people don't desire to bet, that is not in gaming companies' interests, and it is not in our interests."
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He stated that as soon as a good credibility was lost, the damage to a sport was "incalculable".
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FA guidelines suggest gamers are not allowed to bet on a competitors in which they are included.
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Mr Johnson states gamers need to be seen not to be cashing in on any inside knowledge, which he says could cause "brand 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 wager on a Manchester United v Chelsea cup last the following spring.
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"We have to overcome to gamers the reputational risk to the video game," he states. "Once confidence has been harmed 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 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://issosyal.com/read-blog/10050_just-how-much-are-americans-investing-in-sports-betting.html) in Great .
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has duty for policing all betting in the UK apart from spread [sports betting](https://ozgurtasdemir.net/read-blog/526_online-betting-firms-gamble-on-soccer-mad-nigeria.html), which is the remit of the FSA.
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"The frustrating majority of [sports betting](https://peekz.eu/read-blog/249_how-to-attract-users-to-my-fantasy-sports-platform.html) wagering taking location 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 result of a sporting event.
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"Such unfaithful has the prospective to weaken the stability of a sport, and it likewise harms the business interests of [sports betting](http://titotit.com/xe/?document_srl=720103) bodies and [sports betting](http://titotit.com/xe/?document_srl=720103) wagering."
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The commission has developed an internal [Sports Betting](https://www.grandtribunal.org/wiki/User:ShanaWhisler6) Intelligence Unit to receive and disseminate info to sporting authorities, betting firms and policing authorities.
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"Since 2007 we have experienced a substantial insight into world of corrupt [sports betting](https://www.jaitun.com/read-blog/15236_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) wagering," he states.
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"We will signal [sports betting](https://genzkenya.co.ke/read-blog/80_sport-betting-industry-wants-to-protect-itself.html) of our issues, to help prevent or cut [unlawful] activity"
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In May 2010, the commission also presented 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 duration there has actually been simply one prosecution, a 24-year-old man who was warned for cheating in relation to greyhound racing.
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However, Mr Tofiluk states there are still 8 ongoing examinations, which much helpful info has actually likewise been passed to [sports betting](http://www.seferpanim.com/read-blog/384_enhance-your-business-opportunities-with-efficient-sports-apps.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 think about discontinuing a criminal investigation "in favour of letting [sports betting](https://oeclub.org/index.php/User:GingerU959) governing bodies take the lead".
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Meanwhile, he states much of those wanting to cheat the [sports betting](https://nbc.co.uk/read-blog/154_how-fantasy-betting-app-development-companies-and-sports-developers.html) wagering market were educated about [sports betting](http://yijichain.com/read-blog/15175_how-to-attract-users-to-my-fantasy-sports-platform.html) and sporting individuals, and about betting operations and the movement of money.
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"They look for out the vulnerabilities of these to assist in their enterprises."
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Related internet links
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World [sports betting](https://demo.shoudyhosting.com/qtoa/?qa=100442/uk-betting-firms-gamble-on-us-after-sports-wager-ruling) 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
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
BLP
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Gambling Commission
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