From dffb1a7faba56a2b311aaf0788906f134b9849e1 Mon Sep 17 00:00:00 2001 From: wfhbobbye84960 Date: Thu, 30 Jan 2025 04:00:05 +0800 Subject: [PATCH] Add Sport Betting Industry Seeks To Protect Itself --- ...etting-Industry-Seeks-To-Protect-Itself.md | 54 +++++++++++++++++++ 1 file changed, 54 insertions(+) create mode 100644 Sport-Betting-Industry-Seeks-To-Protect-Itself.md 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..fd5d9b7 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,54 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Betting on sport is big business.
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Sport England estimates 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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And that figure is likely to have actually 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 company Sport & Markt approximates the general international gaming market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://pullmycrowd.com/read-blog/1435_sport-betting-industry-wants-to-protect-itself.html) gambling.
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But when the stability of occasions are hit the betting market suffers, and revenues are put under danger if clients can not wager with self-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 discuss the [sports betting](https://whatcar.vn/read-blog/6895_cover-the-bases-sports-betting-news-and-notes-from-the-past-week.html) gambling market now.
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"Not only is it a significant market in world organization, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have been questioned by police over spot-fixing allegations relating to a test versus England at Lord's last month.
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Three of these gamers have actually said 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 champion John Higgins was cleared of match-fixing claims, but was banned last week for 6 months for failing to report the prohibited approach to him to throw frames.
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There are likewise 2 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 greatest online sporting exchanges.
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"If the sport is perceived as sincere, straight and fair that is good for wagering firms since people will invest cash wagering with confidence," he states.
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"If you take the Pakistan accusations, although unassociated to the UK regulated wagering industry ... it is not truly a favorable 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 take care 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 experts at a World Sports Law Report conference into [sports betting](https://customerscomm.com/read-blog/5703_cover-the-bases-sports-betting-news-and-notes-from-the-past-week.html), the focus needs to be on sportsmen and sportswomen.
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As Simon Taylor of the Professional Players' Federation mentions: "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://droidt99.com/read-blog/10746_new-ma-sports-betting-bill-features-massive-tax-boost-and-ban-on-live-betting.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 not enough to merely have deterrents, sanctions and disciplinary treatments, but that the method to tackle potential issues around players is also through education.
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Mr Taylor states guidelines require to be discussed plainly to gamers with clear examples, and by people they appreciate.
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"Through educating gamers about [sports betting](http://www.thedreammate.com/home/bbs/board.php?bo_table=free&wr_id=2409683) you strengthen integrity which remains in everybody's interest," he includes.
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"If gamers 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 recommendations at the Football Association, concurs.
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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 essential that sport is directly, and is seen to be directly," he adds.
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"If it loses that then individuals do not wish to wager, that is not in gaming firms' interests, and it is not in our interests."
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He stated that once an excellent track record was lost, the damage to a sport was "incalculable".
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FA rules suggest players are not enabled to bank on a competition in which they are involved.
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Mr Johnson says gamers need to be seen not to be cashing in on any inside understanding, which he says could cause "brand damage" to football and its competitions.
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So, even a 2nd Division gamer knocked out of the FA Cup in the fall 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 danger to the video game," he says. "Once self-confidence has been harmed it is hard to get it back - mud sticks."
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'Overwhelmingly legal'
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If this represents the "carrot" method, then perhaps 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 manage business betting in Great Britain.
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An ex-chief constable of West Midlands authorities, Mr Tofiluk has responsibility 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://famenest.com/read-blog/67160_latest-ma-sports-betting-proposal-features-substantial-tax-boost-and-restriction.html) wagering occurring through UK operators is legal and reasonable," he states.
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"But for some there is the temptation to ... corruptly hinder the result of a sporting event.
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"Such unfaithful has the possible to undermine the stability of a sport, and it likewise hurts the industrial interests of [sports betting](https://www.miptrucking.net/read-blog/2494_new-massachusetts-sports-betting-proposal-includes-substantial-tax-boost-amp-pro.html) bodies and [sports betting](https://aladin.social/read-blog/86188_sport-betting-industry-wants-to-protect-itself.html)."
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The commission has established an internal [Sports Betting](http://aircrew.co.kr/bbs/board.php?bo_table=free&wr_id=142648) Intelligence Unit to receive and disseminate information to sporting authorities, betting companies and policing authorities.
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"Since 2007 we have experienced a considerable insight into world of corrupt [sports betting](https://edu.shpl.ru/moodle/blog/index.php?entryid=28751) wagering," he states.
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"We will signal [sports betting](https://bytes-the-dust.com/index.php/Cover_The_Bases:_Sports_Betting_News_And_Notes_From_The_Past_Week) of our concerns, to help prevent or cut [prohibited] activity"
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In May 2010, the commission also introduced a private 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 just one prosecution, a 24-year-old guy who was warned for cheating in relation to greyhound racing.
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However, Mr Tofiluk says there are still eight ongoing examinations, and that much helpful details has likewise been passed to [sports betting](https://beeinmotionri.org/sport-betting-industry-wants-to-protect-itself/) 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 consider terminating a criminal investigation "in favour of letting [sports betting](https://social.japrime.id/read-blog/28352_new-ma-sports-betting-bill-includes-significant-tax-boost-and-restriction-on-rea.html) governing bodies take the lead".
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Meanwhile, he states much of those looking to cheat the [sports betting](https://www.kv-work.co.kr/bbs/board.php?bo_table=free&wr_id=2163361) wagering market were well-informed about sports and sporting people, and about betting operations and the motion of money.
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"They look for the vulnerabilities of these to help in their business."
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