commit 08c9ef05c9a199126c11fa103049c7af96aea5bb Author: carson72i0962 Date: Tue Jan 28 18:47:38 2025 +0100 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..cdb656e --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,54 @@ +
Betting on sport is big service.
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Sport England estimates the value 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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And that figure is most likely to have grown even more, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer.
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Meanwhile, German research firm Sport & Markt approximates the total international gaming market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and sports gambling.
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But when the stability of events are struck the betting industry suffers, and incomes are put under hazard if clients 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 talks about the [sports betting](http://www.liberte-de-conscience-rideuromed.org/forum-d%c3%a9changes/profile/clintknudsen79/) market now.
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"Not only is it a substantial market in world organization, it is one that is now on the front pages of newspapers."
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Four Pakistan cricketers have been questioned by cops over spot-fixing allegations associating with a test against England at Lord's last month.
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Three of these players have actually stated they will also challenge the corruption charges mounted 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 recently for 6 months for stopping working to report the unlawful technique to him to toss frames.
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There are also 2 other continuing examinations - not associated 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 viewed as honest, straight and fair that is good for betting companies since people will spend cash betting with self-confidence," he states.
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"If you take the Pakistan accusations, although unrelated to the UK managed wagering market ... it is not really a favorable story for betting in the UK.
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"That is since the understanding 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 professionals at a World Sports Law Report conference into sports gambling, the focus needs 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 males 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 thinks that it is not adequate to merely have deterrents, sanctions and disciplinary procedures, however that the method to deal with possible concerns around gamers is also through education.
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Mr Taylor says guidelines need to be explained plainly to gamers with clear examples, and by people they respect.
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"Through educating players about sports wagering you enhance integrity which is in everybody's interest," he adds.
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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 regulatory legal suggestions at the Football Association, agrees.
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"Prevention is better than remedy, and we also make a point of informing gamers 'you are going to be captured'."
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"It is crucial that sport is directly, and is seen to be straight," he includes.
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"If it loses that then people don't wish to wager, that is not in gaming companies' interests, and it is not in our interests."
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He said that as soon as an excellent credibility was lost, the damage to a sport was "incalculable".
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FA guidelines suggest players are not permitted to bet on a competitors in which they are involved.
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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 trigger "brand 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 last the following spring.
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"We have to get over to players the reputational threat to the video game," he states. "Once confidence has actually been harmed 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 maybe Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".
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The Gambling Commission was established under the Gambling Act 2005 to regulate industrial gaming in Great Britain.
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An ex-chief constable of West Midlands cops, Mr Tofiluk has obligation for policing all betting 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://higgledy-piggledy.xyz/index.php/Latest_Massachusetts_Sports_Betting_Proposal_Contains_Substantial_Tax_Hike_Ban_On_Real-Time_Betting) happening through UK operators is legal and fair," he says.
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"But for some there is the temptation to ... corruptly disrupt the outcome of a sporting occasion.
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"Such cheating has the potential to undermine the integrity of a sport, and it likewise harms the commercial interests of sports bodies and sports wagering."
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The commission has developed an internal [Sports Betting](http://addsub.wiki/index.php/User:RaphaelDrescher) Intelligence Unit to receive and distribute info to sporting authorities, betting companies and policing authorities.
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"Since 2007 we have actually experienced a considerable insight into world of corrupt sports wagering," he states.
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"We will alert sports of our issues, to help avoid or curtail [unlawful] activity"
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In May 2010, the commission likewise introduced a personal 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 actually been just one prosecution, a 24-year-old male who was cautioned for unfaithful 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 also been passed to sports authorities.
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He said that where an investigation by a sport governing body was quicker, and more cost reliable, then the commission would consider ceasing a criminal examination "in favour of letting sports governing bodies take the lead".
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Meanwhile, he states a number of those seeking to cheat the [sports betting](http://damoa2019.maru.net/bbs/board.php?bo_table=free&wr_id=248084) industry were well-informed about sports and sporting people, and about wagering 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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