From 49c66414c3eb37d74710f9275a9c956a09896faa Mon Sep 17 00:00:00 2001 From: bellxaw528586 Date: Wed, 29 Jan 2025 22:32:32 +0800 Subject: [PATCH] Add Sport Betting Industry Looks To Protect Itself --- ...etting-Industry-Looks-To-Protect-Itself.md | 54 +++++++++++++++++++ 1 file changed, 54 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..87dfed1 --- /dev/null +++ b/Sport-Betting-Industry-Looks-To-Protect-Itself.md @@ -0,0 +1,54 @@ +
Betting on sport is substantial company.
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Sport England estimates the worth of spending 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 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 approximates the general global betting market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and sports gaming.
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But when the integrity of events are struck the gaming market suffers, and incomes are put under risk if clients can not bet with confidence.
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And there can have been few higher-profile sport wagering 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 speak about the [sports betting](https://wavedream.wiki/index.php/UK_Betting_Firms_Gamble_On_US_After_Sports_Wager_Ruling) market now.
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"Not just is it a substantial market in world company, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have been questioned by cops over spot-fixing claims relating 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 installed versus the trio by the sport governing body the International Cricket Council.
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Meanwhile, three-times snooker world champion John Higgins was cleared of match-fixing claims, however was prohibited recently for six months for failing to report the illegal method to him to toss 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, one of the UK's greatest online sporting exchanges.
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"If the sport is perceived as sincere, straight and fair that benefits wagering companies because individuals will spend money wagering with self-confidence," he states.
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"If you take the Pakistan allegations, although unrelated to the UK regulated wagering market ... it is not really a favorable story for wagering in the UK.
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"That is because the perception is that 'cricket is now something we may have 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://www.musical-kirche.de/read-blog/46236_latest-massachusetts-sports-betting-legislation-includes-substantial-tax-hike-am.html) Law Report conference into [sports betting](https://social.mirrororg.com/read-blog/9946_new-ma-sports-betting-proposal-contains-substantial-tax-increase-amp-ban-on-real.html), the focus has to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation points out: "The only individuals who can fix a match are the rivals or the referee."
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His organisation represents men 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 treatments, however that the way to deal with possible issues around players is also through education.
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Mr Taylor states rules need to be explained clearly to players with clear examples, and by people they respect.
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"Through educating gamers about [sports betting](http://sphinx9.ru/forums/topic/recent-massachusetts-sports-betting-proposal-includes-massive-tax-boost-and-ban/) wagering you strengthen stability which remains in everyone's interest," he includes.
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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 regulatory legal advice at the Football Association, agrees.
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"Prevention is better than treatment, and we likewise make a point of telling gamers 'you are going to be captured'."
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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 want to wager, that is not in betting firms' interests, and it is not in our interests."
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He said that when an excellent track record was lost, the damage to a sport was "incalculable".
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FA guidelines mean gamers are not enabled to wager on a competition in which they are included.
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Mr Johnson says players have to be seen not to be capitalizing any inside understanding, which he says might cause "brand name damage" to football and its competitors.
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So, even a Second Division player knocked out of the FA Cup in the fall can not wager on a Manchester United v Chelsea cup final the following spring.
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"We have to get over to gamers the reputational danger to the game," he says. "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" approach, 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 business gaming in Great Britain.
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An ex-chief constable of West Midlands police, 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](http://experienciacortazar.com.ar/wiki/index.php?title=Usuario:Alex190162047) occurring through UK operators is legal and reasonable," he states.
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"But for some there is the temptation to ... corruptly disrupt the result of a sporting occasion.
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"Such unfaithful has the possible to undermine the stability of a sport, and it also hurts the commercial interests of [sports betting](https://ozoms.com/read-blog/13615_recent-massachusetts-sports-betting-proposal-features-substantial-tax-boost-amp.html) bodies and sports wagering."
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The commission has established an in-house [Sports Betting](https://thegoldenalbatross.com/latest-ma-sports-betting-legislation-features-substantial-tax-increase-and-restriction-on-in-play-betting/) Intelligence Unit to receive and disseminate information to sporting authorities, betting firms and policing authorities.
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"Since 2007 we have experienced a significant insight into world of corrupt sports wagering," he states.
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"We will notify [sports betting](https://airentalk.com/read-blog/95_sport-betting-industry-looks-to-protect-itself.html) of our concerns, to assist avoid or cut [illegal] activity"
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In May 2010, the commission likewise introduced a personal telephone hotline for those with info or suspicions.
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'Vulnerabilities'
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But in a two-and-a-half year duration there has 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 says there are still eight ongoing investigations, which much beneficial information has actually likewise been passed to [sports betting](http://brush114.co.kr/bbs/board.php?bo_table=free&wr_id=2017710) authorities.
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He said that where an investigation by a sport governing body was quicker, and more expense reliable, then the commission would think about ceasing a criminal investigation "in favour of letting [sports betting](https://newnormalnetwork.me/read-blog/6454_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) governing bodies take the lead".
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Meanwhile, he says a lot of those looking to cheat the sports wagering industry were well-informed about sports and sporting individuals, and about betting operations and the motion of cash.
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"They look for the vulnerabilities of these to assist in their business."
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