commit 474e1d4fc17e7eee2e9a8f3ba87899c2c6c2d393 Author: evelyne0675552 Date: Tue Dec 31 05:01:41 2024 +0800 Add Sport Betting Industry Aims To Protect Itself diff --git a/Sport-Betting-Industry-Aims-To-Protect-Itself.md b/Sport-Betting-Industry-Aims-To-Protect-Itself.md new file mode 100644 index 0000000..a52a59f --- /dev/null +++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md @@ -0,0 +1,69 @@ +
Sport wagering market aims to safeguard itself
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
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://snowboardwiki.net/index.php?title=User:NellieW7426) on sport is huge company.
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Sport England estimates the worth of costs on sport-related betting in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
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And that figure is most likely to have grown even more, 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 worldwide gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](http://wiki.faramirfiction.com/index.php?title=User:Giuseppe38K).
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But when the stability of occasions are hit the gambling industry suffers, and revenues are put under risk if clients can not bet with self-confidence.
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And there can have been couple of higher-profile sport [sports betting](https://globalunitedspirits.com/read-blog/3450_how-to-play-bet9ja-online.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://sundaycareers.com/read-blog/2637_compare-amp-review-oddsjet-de.html) gambling market now.
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"Not just is it a substantial market in world business, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have been questioned by police over spot-fixing allegations connecting to a test versus England at Lord's last month.
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Three of these gamers have 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 champion John Higgins was cleared of match-fixing allegations, but was prohibited last week for 6 months for stopping working to report the unlawful method to him to toss frames.
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There are also 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, one of the UK's biggest online sporting exchanges.
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"If the sport is viewed as truthful, straight and fair that is good for betting companies since 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 controlled [sports betting](https://infosocial.top/read-blog/3989_how-to-play-bet9ja-online.html) industry ... it is not really a favorable story for wagering in the UK.
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"That is since the perception 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 prevent future scandals?
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According to specialists at a World [sports betting](https://palkwall.com/read-blog/27707_how-are-betting-odds-calculated.html) Law Report conference into [sports betting](https://skylockr.app/read-blog/192_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html), the focus needs to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation points out: "The only people who can fix a match are the rivals or the referee."
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His organisation represents males and females in 15 [sports betting](https://redmonde.es/read-blog/111_how-much-are-americans-investing-in-sports-betting.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 not sufficient to merely have deterrents, sanctions and disciplinary procedures, but that the way to take on prospective concerns around gamers is likewise through education.
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Mr Taylor states guidelines need to be discussed plainly to players with clear examples, and by people they respect.
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"Through informing gamers about [sports betting](https://squishmallowswiki.com/index.php/User:BrentonRoche9) wagering you reinforce stability and that is in everyone's interest," he includes.
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"If players are harder to corrupt then sport will be harder to corrupt."
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'Brand damage'
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Matt Johnson, head of regulatory legal guidance at the Football Association, agrees.
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"Prevention is much better than treatment, and we likewise make a point of telling players 'you are going to be captured'."
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"It is vital that sport is directly, and is seen to be straight," he includes.
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"If it loses that then individuals don't wish to bet, that is not in gaming companies' interests, and it is not in our interests."
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He said that when a good credibility was lost, the damage to a sport was "enormous".
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FA rules suggest 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 capitalizing any inside understanding, which he says could cause "brand name damage" to football and its competitions.
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So, even a Second Division gamer knocked out of the FA Cup in the autumn can not bank 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 states. "Once confidence has actually 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" 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 control business gambling in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has duty for policing all 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://droidt99.com/read-blog/6793_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) wagering happening through UK operators is legal and reasonable," he states.
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"But for some there is the temptation to ... corruptly disrupt 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 damages the business interests of [sports betting](https://noaisocial.pro/read-blog/2374_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) bodies and [sports betting](https://www.jaitun.com/read-blog/15210_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) wagering."
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The commission has developed an internal [Sports Betting](https://blablasell.com/read-blog/11910_missouri-sports-betting-ballot-measure-approved-by-voters.html) Intelligence Unit to receive and disseminate information to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have actually experienced a considerable insight into world of corrupt [sports betting](https://dev.fleeped.com/read-blog/77_how-to-play-bet9ja-online.html)," he says.
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"We will notify [sports betting](https://olps.co.za/wiki/User:MickiePridgen) of our issues, to help prevent or curtail [illegal] activity"
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In May 2010, the commission also introduced a private 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 just one prosecution, a 24-year-old guy who was warned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk states there are still 8 ongoing examinations, which much beneficial details has actually likewise been passed to [sports betting](https://reckoningz.com/how-much-are-americans-investing-in-sports-betting/) authorities.
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He said that where an examination by a sport governing body was quicker, and more expense reliable, then the commission would think about terminating a criminal examination "in favour of letting [sports betting](http://www.seferpanim.com/read-blog/365_online-betting-firms-gamble-on-soccer-mad-nigeria.html) governing bodies take the lead".
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Meanwhile, he states much of those wanting to cheat the [sports betting](http://wiki.faramirfiction.com/index.php?title=User:LatriceBurger97) industry were experienced about [sports betting](https://wiki.vifm.info/index.php/User:LorrieCorser) and sporting people, and about [sports betting](https://aceme.ink/read-blog/1646_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) operations and the movement of cash.
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"They look for the vulnerabilities of these to assist in their enterprises."
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Related web links
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World [sports betting](http://classicalmusicmp3freedownload.com/ja/index.php?title=%E5%88%A9%E7%94%A8%E8%80%85:ArletteNull30) 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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The BBC is not accountable for the material of external sites.
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