commit 115e12cd496f9e6de3d0b0304e85c6bbd3c43662 Author: wendellwilmer Date: Tue Dec 31 18:07:24 2024 +0000 Add Sport Betting Industry Looks To Protect Itself 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..0acf7ab --- /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://bbarlock.com/index.php/User:AliceBland5) industry looks 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://wiki.whenparked.com/User:LuigiVeitch21) on sport is substantial organization.
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Sport England approximates the value 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 likely to have grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research study company Sport & Markt approximates the total international [sports betting](http://www.asystechnik.com/index.php/Benutzer:DeannaBertrand) market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](http://famedoot.in/read-blog/81_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) gambling.
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But when the stability of events are hit the gambling industry suffers, and incomes are put under danger if customers can not bet with self-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 speak about the [sports betting](https://voggisper.com/read-blog/1213_things-you-need-to-know-about-rafting-adventures.html) gambling market now.
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"Not only is it a substantial 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 authorities over spot-fixing claims connecting to a test against England at Lord's last month.
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Three of these gamers have actually stated they will likewise 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, but was banned last week for six months for stopping working to report the prohibited technique to him to toss frames.
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There are likewise 2 other continuing investigations - unrelated 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 most significant online sporting exchanges.
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"If the sport is perceived as truthful, straight and reasonable that benefits [sports betting](https://farmwoo.com/read-blog/9514_just-how-much-are-americans-spending-on-sports-betting.html) firms because people will spend money [sports betting](https://wow.t-mobility.co.il/read-blog/18_just-how-much-are-americans-investing-in-sports-betting.html) with self-confidence," he says.
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"If you take the Pakistan claims, although unrelated to the UK regulated [sports betting](https://kenyansocial.com/read-blog/1370_how-much-are-americans-spending-on-sports-betting.html) industry ... it is not actually 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 may need to be mindful 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 professionals at a World [sports betting](https://trackrecord.id/read-blog/1813_how-much-are-americans-investing-in-sports-betting.html) Law Report conference into [sports betting](https://reckoningz.com/the-history-of-the-nfl-and-how-to-bank-on-it/) gambling, the focus needs to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation explains: "The only individuals who can repair a match are the rivals or the referee."
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His organisation represents males and women in 15 [sports betting](https://octomo.co.uk/read-blog/6502_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
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He thinks that it is to simply have deterrents, sanctions and disciplinary procedures, however that the way to take on possible issues around gamers is also through education.
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Mr Taylor states rules require to be explained clearly to gamers with clear examples, and by people they appreciate.
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"Through informing players about [sports betting](https://surgiteams.com/index.php/User:ClaudioAlberts) wagering you reinforce integrity and that remains in everybody'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 regulative legal recommendations at the Football Association, concurs.
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"Prevention is better than treatment, and we also make a point of telling gamers 'you are going to be captured'."
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"It is crucial that sport is straight, and is seen to be straight," he adds.
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"If it loses that then people do not wish to wager, that is not in [sports betting](https://bytes-the-dust.com/index.php/User:LamontMarshburn) companies' interests, and it is not in our interests."
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He said that when a good reputation was lost, the damage to a sport was "enormous".
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FA rules mean players are not permitted to bank on a competitors in which they are included.
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Mr Johnson states gamers have to be seen not to be cashing in on 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 wager on a Manchester United v Chelsea cup final the following spring.
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"We need to get over to gamers the reputational risk 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 policy 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 wagering, which is the remit of the FSA.
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"The frustrating majority of [sports betting](https://wiki.rrtn.org/wiki/index.php/User:RosalindKeir672) wagering occurring through UK operators is legal and fair," 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 cheating has the possible to undermine the stability of a sport, and it also damages the industrial interests of [sports betting](https://social.instinxtreme.com/read-blog/13950_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) bodies and [sports betting](https://wiki.vst.hs-furtwangen.de/wiki/User:DarinCespedes)."
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The commission has developed an in-house [Sports Betting](https://oolibuzz.com/read-blog/41745_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) Intelligence Unit to get and share information to sporting authorities, wagering companies and policing authorities.
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"Since 2007 we have experienced a considerable insight into world of corrupt [sports betting](https://lets.chchat.me/read-blog/1792_why-every-cricket-fan-must-try-the-all-cricket-id-gaming-platform.html) wagering," he states.
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"We will alert [sports betting](https://www.eruptz.com/read-blog/17599_things-you-need-to-know-about-rafting-adventures.html) of our concerns, to assist prevent or cut [illegal] activity"
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In May 2010, the commission likewise 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 been just one prosecution, a 24-year-old male who was warned for cheating in relation to greyhound racing.
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However, Mr Tofiluk says there are still 8 continuous investigations, which much helpful details has also been passed to [sports betting](https://palkwall.com/read-blog/27716_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) authorities.
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He said that where an examination by a sport governing body was quicker, and more expense efficient, then the commission would think about terminating a criminal investigation "in favour of letting [sports betting](http://classicalmusicmp3freedownload.com/ja/index.php?title=%E5%88%A9%E7%94%A8%E8%80%85:OfeliaTyner943) governing bodies take the lead".
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Meanwhile, he states a number of those wanting to cheat the [sports betting](https://sfqatest.sociofans.com/read-blog/647_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) wagering industry were well-informed about [sports betting](https://wiki.rrtn.org/wiki/index.php/User:StephenGarratt) and sporting people, and about [sports betting](https://redmonde.es/read-blog/117_how-to-play-bet9ja-online.html) operations and the movement of cash.
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"They look for 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://mixup.wiki/index.php/User:ClydeShakespeare) 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
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