commit 67f190d6f206489ac5caa5bd0f5947b95b8ab24d Author: gennierittenho Date: Mon Dec 30 15:35:04 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..aef059d --- /dev/null +++ b/Sport-Betting-Industry-Looks-To-Protect-Itself.md @@ -0,0 +1,69 @@ +
Sport wagering industry seeks to safeguard itself
+
16 September 2010
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
By Bill Wilson
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
Business reporter, BBC News
+
[sports betting](https://africasfaces.com/read-blog/5858_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) on sport is big organization.
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
Sport England estimates the value of costs on sport-related gaming in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
+
And that figure is likely to have grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer season.
+
Meanwhile, German research firm Sport & Markt estimates the general worldwide gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](http://woorichat.com/read-blog/10278_for-sports-gambling-to-be-legalised.html) gambling.
+
But when the integrity of occasions are hit the gambling industry suffers, and incomes are put under risk if consumers can not bet with confidence.
+
And there can have been few higher-profile sport [sports betting](https://alumni.myra.ac.in/read-blog/148668_just-how-much-are-americans-investing-in-sports-betting.html) stories than those impacting cricket and snooker this year.
+
High-profile
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
As Sport & Markt's Gareth Moore observes: "Everyone talks about the [sports betting](https://ishare.igrowtech.biz/read-blog/5423_the-ins-and-outs-of-betting-on-the-nfl-draft.html) market now.
+
"Not just is it a substantial market in world organization, it is one that is now on the front pages of papers."
+
Four Pakistan cricketers have been questioned by police over spot-fixing accusations relating to a test against England at Lord's last month.
+
Three of these players have actually said they will likewise challenge the corruption charges mounted versus the trio by the sport governing body the International Cricket Council.
+
Meanwhile, three-times snooker world champion John Higgins was cleared of match-fixing allegations, but was prohibited last week for six months for stopping working to report the prohibited method to him to toss frames.
+
There are likewise 2 other continuing examinations - not associated to Mr Higgins - into snooker.
+
'Honest'
+
David O'Reilly is legal counsel for Betfair, one of the UK's most significant online sporting exchanges.
+
"If the sport is viewed as sincere, straight and fair that is great for [sports betting](http://archmageriseswiki.com/index.php/User:KarolinRicketts) firms due to the fact that people will spend money [sports betting](https://social.instinxtreme.com/read-blog/13739_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) with confidence," he says.
+
"If you take the Pakistan allegations, although unrelated to the UK regulated wagering market ... it is not actually a positive story for wagering in the UK.
+
"That is due to the fact that the perception is that 'cricket is now something we might have to be careful about'."
+
'Education'
+
So what can be done to avoid future scandals?
+
According to experts at a World [sports betting](http://video.firstkick.live/read-blog/4646_for-sports-gambling-to-be-legalised.html) Law Report conference into [sports betting](https://squishmallowswiki.com/index.php/User:LillyAbercrombie) gambling, the focus needs to be on sportspersons and sportswomen.
+
As Simon Taylor of the Professional Players' Federation points out: "The only individuals who can fix a match are the competitors or the referee."
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
His organisation represents males and females in 15 [sports betting](https://social.ppmandi.com/read-blog/237_online-betting-firms-gamble-on-soccer-mad-nigeria.html) in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.
+
He believes that it is insufficient to merely have deterrents, sanctions and disciplinary treatments, however that the method to take on possible issues around gamers is likewise through education.
+
Mr Taylor says guidelines need to be described clearly to players with clear examples, and by individuals they respect.
+
"Through educating gamers about [sports betting](https://prosafely.com/read-blog/10297_how-much-are-americans-investing-in-sports-betting.html) you enhance stability which is in everyone's interest," he includes.
+
"If players are harder to corrupt then sport will be more difficult to corrupt."
+
'Brand damage'
+
Matt Johnson, head of regulatory legal guidance at the Football Association, agrees.
+
"Prevention is much better than treatment, and we also make a point of informing gamers 'you are going to be captured'."
+
"It is necessary that sport is straight, and is seen to be straight," he includes.
+
"If it loses that then people don't want to bet, that is not in [sports betting](https://richonline.club/read-blog/3663_just-how-much-are-americans-spending-on-sports-betting.html) firms' interests, and it is not in our interests."
+
He stated that as soon as an excellent track record was lost, the damage to a sport was "enormous".
+
FA rules suggest players are not enabled to wager on a competition in which they are included.
+
Mr Johnson states need to be seen not to be cashing in on any inside understanding, which he says might cause "brand damage" to football and its competitors.
+
So, even a Second Division player knocked out of the FA Cup in the fall can not bank on a Manchester United v Chelsea cup last the following spring.
+
"We have to overcome to players the reputational danger to the video game," he says. "Once confidence has been damaged it is difficult to get it back - mud sticks."
+
'Overwhelmingly legal'
+
If this represents the "carrot" technique, then perhaps Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
The Gambling Commission was established under the Gambling Act 2005 to control business betting in Great Britain.
+
An ex-chief constable of West Midlands authorities, Mr Tofiluk has responsibility for policing all wagering in the UK apart from spread [sports betting](https://coptr.digipres.org/index.php/User:EugeniaStowe5), which is the remit of the FSA.
+
"The overwhelming majority of [sports betting](https://noaisocial.pro/read-blog/2354_how-to-attract-users-to-my-fantasy-sports-platform.html) wagering taking location through UK operators is legal and reasonable," he states.
+
"But for some there is the temptation to ... corruptly disrupt the outcome of a sporting occasion.
+
"Such cheating has the prospective to weaken the integrity of a sport, and it likewise hurts the industrial interests of [sports betting](https://www.teacircle.co.in/how-to-play-bet9ja-online/) bodies and [sports betting](http://video.firstkick.live/read-blog/4644_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html)."
+
The commission has actually established an internal [Sports Betting](https://www.hb9lc.org/wiki/index.php/User:OdetteJunker) Intelligence Unit to receive and disseminate info to sporting authorities, wagering firms and policing authorities.
+
"Since 2007 we have actually experienced a considerable insight into world of corrupt [sports betting](https://bytes-the-dust.com/index.php/User:SabrinaOvens) wagering," he states.
+
"We will notify [sports betting](https://www.opentx.cz/index.php/U%C5%BEivatel:LoreenDidomenico) of our concerns, to help prevent or cut [illegal] activity"
+
In May 2010, the commission likewise introduced a private telephone hotline for those with details or suspicions.
+
'Vulnerabilities'
+
But in a two-and-a-half year duration there has been simply one prosecution, a 24-year-old man who was warned for unfaithful in relation to greyhound racing.
+
However, Mr Tofiluk says there are still eight continuous examinations, which much helpful details has actually likewise been passed to [sports betting](https://strimsocial.net/read-blog/19018_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) authorities.
+
He stated that where an investigation by a sport governing body was quicker, and more expense effective, then the commission would think about ceasing a criminal investigation "in favour of letting [sports betting](https://youtoosocialnetwork.com/read-blog/1260_sport-betting-industry-looks-to-protect-itself.html) governing bodies take the lead".
+
Meanwhile, he says a number of those aiming to cheat the [sports betting](https://lets.chchat.me/read-blog/1775_how-are-betting-odds-calculated.html) industry were knowledgeable about [sports betting](https://www.miptrucking.net/read-blog/1266_how-much-are-americans-investing-in-sports-betting.html) and sporting people, and about wagering operations and the movement of cash.
+
"They look for the vulnerabilities of these to help in their business."
+
Related web links
+
World [sports betting](https://social.engagepure.com/read-blog/785_begin-winning-with-pcg-college-football-picks.html) Law Report
+
ICC
+
Professional Players Federation
+
Professional Footballers' Association
+
The FA
+
Betfair
+
Sport & Markt
+
BLP
+
Gambling Commission
+
The BBC is not responsible for the content of external sites.
\ No newline at end of file