commit 97901271312802fa03ba1bf6aaaabeb75720deeb Author: sallydejesus89 Date: Wed Dec 18 16:00:06 2024 +0100 Add Sport Betting Industry Wants To Protect Itself diff --git a/Sport-Betting-Industry-Wants-To-Protect-Itself.md b/Sport-Betting-Industry-Wants-To-Protect-Itself.md new file mode 100644 index 0000000..84223aa --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,68 @@ +
Sport wagering market looks to secure itself
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) +
16 September 2010
+
By Bill Wilson
+
Business reporter, BBC News
+
[sports betting](https://oninabresources.com/sport-betting-industry-seeks-to-protect-itself/) on sport is big organization.
+
Sport England estimates the worth of spending on sport-related [sports betting](https://bytes-the-dust.com/index.php/User:JimJenkinson549) in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
+
And that figure is most likely to have actually grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer season.
+
Meanwhile, German research firm Sport & Markt approximates the general international gambling market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://messengerkivu.com/read-blog/2354_how-much-are-americans-investing-in-sports-betting.html) gambling.
+
But when the integrity of events are struck the gaming market suffers, and incomes are put under danger if customers can not bet with confidence.
+
And there can have been few higher-profile sport [sports betting](http://www.larsaluarna.se/index.php/User:Bonnie48P100015) stories than those affecting cricket and snooker this year.
+
High-profile
+
As Sport & Markt's Gareth Moore observes: "Everyone discuss the [sports betting](https://www.sportpassionhub.com/read-blog/1482_things-you-need-to-know-about-rafting-adventures.html) gambling market now.
+
"Not only is it a considerable market in world service, it is one that is now on the front pages of papers."
+
Four Pakistan cricketers have been questioned by authorities over spot-fixing accusations relating to a test versus England at Lord's last month.
+
Three of these players have stated they will likewise challenge the corruption charges installed versus the trio by the sport governing body the International Cricket Council.
+
Meanwhile, three-times snooker world champ John Higgins was cleared of match-fixing claims, but was prohibited last week for 6 months for stopping working to report the illegal technique to him to throw frames.
+
There are also two other continuing investigations - unrelated to Mr Higgins - into snooker.
+
'Honest'
+
David O'Reilly is legal counsel for Betfair, one of the UK's greatest online sporting exchanges.
+
"If the sport is viewed as truthful, straight and reasonable that is good for wagering companies since individuals will invest money [sports betting](https://wiki.armello.com/index.php/User:UTAOmar46859305) with self-confidence," he states.
+
"If you take the Pakistan allegations, although unassociated to the UK managed wagering market ... it is not really a favorable story for wagering in the UK.
+
"That is since the understanding is that 'cricket is now something we may have to beware about'."
+
'Education'
+
So what can be done to avoid future scandals?
+
According to specialists at a World [sports betting](https://myquora.myslns.com/index.php?qa=40647&qa_1=betting-firms-gamble-united-states-after-sports-wager-ruling) Law Report into [sports betting](https://realmadridperipheral.com/read-blog/6372_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html), the focus has to be on sportspersons and sportswomen.
+
As Simon Taylor of the Professional Players' Federation points out: "The only people who can repair a match are the competitors or the referee."
+
His organisation represents guys and females in 15 [sports betting](http://myanimalgram.com/read-blog/12420_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.
+
He thinks that it is inadequate to merely have deterrents, sanctions and disciplinary procedures, however that the way to deal with potential concerns around players is also through education.
+
Mr Taylor states guidelines need to be described clearly to players with clear examples, and by people they respect.
+
"Through informing players about [sports betting](https://leicestercityfansclub.com/read-blog/9207_the-ins-and-outs-of-betting-on-the-nfl-draft.html) wagering you strengthen integrity 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 suggestions at the Football Association, agrees.
+
"Prevention is much better than cure, and we likewise make a point of telling players 'you are going to be caught'."
+
"It is essential that sport is straight, and is seen to be directly," he adds.
+
"If it loses that then individuals do not wish to bet, that is not in gaming companies' interests, and it is not in our interests."
+
He said that once an excellent reputation was lost, the damage to a sport was "enormous".
+
FA rules indicate players are not permitted to bet on a competitors in which they are included.
+
Mr Johnson states gamers need to be seen not to be cashing in on any inside understanding, which he says could cause "brand name damage" to football and its competitions.
+
So, even a Second Division player knocked out of the FA Cup in the fall can not wager on a Manchester United v Chelsea cup final the following spring.
+
"We need to overcome to gamers the reputational danger to the game," he states. "Once confidence has actually been harmed it is hard to get it back - mud sticks."
+
'Overwhelmingly legal'
+
If this represents the "carrot" technique, then possibly Nick Tofiluk, director of guideline at the Gambling Commission, represents the "stick".
+
The Gambling Commission was established under the Gambling Act 2005 to manage commercial [sports betting](https://projectblueberryserver.com/index.php/User:EzequielH97) in Great Britain.
+
An ex-chief constable of West Midlands police, Mr Tofiluk has obligation for policing all [sports betting](https://bytes-the-dust.com/index.php/User:MargeryKroeger7) in the UK apart from spread wagering, which is the remit of the FSA.
+
"The overwhelming majority of [sports betting](http://www.larsaluarna.se/index.php/User:HarrisCrawley) taking location through UK operators is legal and fair," he states.
+
"But for some there is the temptation to ... corruptly interfere with the outcome of a sporting event.
+
"Such unfaithful has the prospective to weaken the stability of a sport, and it also damages the industrial interests of [sports betting](http://ringturbine.com:80/index.php/User:FrankieSherry) bodies and [sports betting](https://linkpiz.com/vn/13930/why-every-cricket-fan-should-try-the-cricket-gaming-platform)."
+
The commission has actually established an in-house [Sports Betting](https://wiki.tld-wars.space/index.php/Utilisateur:DanieleNapper37) Intelligence Unit to receive and disseminate information to sporting authorities, wagering firms and policing authorities.
+
"Since 2007 we have actually experienced a significant insight into world of corrupt [sports betting](http://archmageriseswiki.com/index.php/User:CruzOba1168) wagering," he states.
+
"We will signal [sports betting](https://www.hb9lc.org/wiki/index.php/User:Anton70535) of our issues, to help prevent or reduce [prohibited] activity"
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
In May 2010, the commission also presented a personal telephone hotline for those with information or suspicions.
+
'Vulnerabilities'
+
But in a two-and-a-half year duration there has been simply one criminal prosecution, a 24-year-old man who was warned for cheating in relation to greyhound racing.
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
However, Mr Tofiluk says there are still eight ongoing examinations, and that much helpful details has actually also been passed to [sports betting](https://youslade.com/read-blog/41367_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) authorities.
+
He said that where an investigation by a sport governing body was quicker, and more cost effective, then the commission would think about stopping a criminal examination "in favour of letting [sports betting](https://messengerkivu.com/read-blog/2390_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) governing bodies take the lead".
+
Meanwhile, he states a number of those seeking to cheat the [sports betting](https://coptr.digipres.org/index.php/User:RosalindaHendric) industry were experienced about [sports betting](https://wiki.snooze-hotelsoftware.de/index.php?title=Benutzer:SEZTerese319007) and sporting individuals, and about wagering operations and the motion of money.
+
"They look for out the vulnerabilities of these to assist in their enterprises."
+
Related web links
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
World [sports betting](https://oninabresources.com/sport-betting-industry-seeks-to-protect-itself/) Law Report
+
ICC
+
Professional Players Federation
+
Professional Footballers' Association
+
The FA
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
Betfair
+
Sport & Markt
[bit.ly](https://bit.ly/AviatorGameOnlineBET9JA) +
BLP
+
Gambling Commission
\ No newline at end of file