Add Sport Betting Industry Wants To Protect Itself
commit
9790127131
68
Sport-Betting-Industry-Wants-To-Protect-Itself.md
Normal file
68
Sport-Betting-Industry-Wants-To-Protect-Itself.md
Normal file
|
@ -0,0 +1,68 @@
|
|||
<br>Sport wagering market looks to secure itself<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
|
||||
<br>16 September 2010<br>
|
||||
<br>By Bill Wilson<br>
|
||||
<br>Business reporter, BBC News<br>
|
||||
<br>[sports betting](https://oninabresources.com/sport-betting-industry-seeks-to-protect-itself/) on sport is big organization.<br>
|
||||
<br>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.<br>
|
||||
<br>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.<br>
|
||||
<br>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.<br>
|
||||
<br>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.<br>
|
||||
<br>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.<br>
|
||||
<br>High-profile<br>
|
||||
<br>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.<br>
|
||||
<br>"Not only is it a considerable market in world service, it is one that is now on the front pages of papers."<br>
|
||||
<br>Four Pakistan cricketers have been questioned by authorities over spot-fixing accusations relating to a test versus England at Lord's last month.<br>
|
||||
<br>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.<br>
|
||||
<br>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.<br>
|
||||
<br>There are also two other continuing investigations - unrelated to Mr Higgins - into snooker.<br>
|
||||
<br>'Honest'<br>
|
||||
<br>David O'Reilly is legal counsel for Betfair, one of the UK's greatest online sporting exchanges.<br>
|
||||
<br>"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.<br>
|
||||
<br>"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.<br>
|
||||
<br>"That is since the understanding is that 'cricket is now something we may have to beware about'."<br>
|
||||
<br>'Education'<br>
|
||||
<br>So what can be done to avoid future scandals?<br>
|
||||
<br>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.<br>
|
||||
<br>As Simon Taylor of the Professional Players' Federation points out: "The only people who can repair a match are the competitors or the referee."<br>
|
||||
<br>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.<br>
|
||||
<br>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.<br>
|
||||
<br>Mr Taylor states guidelines need to be described clearly to players with clear examples, and by people they respect.<br>
|
||||
<br>"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.<br>
|
||||
<br>"If players are harder to corrupt then sport will be more difficult to corrupt."<br>
|
||||
<br>'Brand damage'<br>
|
||||
<br>Matt Johnson, head of regulatory legal suggestions at the Football Association, agrees.<br>
|
||||
<br>"Prevention is much better than cure, and we likewise make a point of telling players 'you are going to be caught'."<br>
|
||||
<br>"It is essential that sport is straight, and is seen to be directly," he adds.<br>
|
||||
<br>"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."<br>
|
||||
<br>He said that once an excellent reputation was lost, the damage to a sport was "enormous".<br>
|
||||
<br>FA rules indicate players are not permitted to bet on a competitors in which they are included.<br>
|
||||
<br>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.<br>
|
||||
<br>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.<br>
|
||||
<br>"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."<br>
|
||||
<br>'Overwhelmingly legal'<br>
|
||||
<br>If this represents the "carrot" technique, then possibly Nick Tofiluk, director of guideline at the Gambling Commission, represents the "stick".<br>
|
||||
<br>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.<br>
|
||||
<br>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.<br>
|
||||
<br>"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.<br>
|
||||
<br>"But for some there is the temptation to ... corruptly interfere with the outcome of a sporting event.<br>
|
||||
<br>"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)."<br>
|
||||
<br>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.<br>
|
||||
<br>"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.<br>
|
||||
<br>"We will signal [sports betting](https://www.hb9lc.org/wiki/index.php/User:Anton70535) of our issues, to help prevent or reduce [prohibited] activity"<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||
<br>In May 2010, the commission also presented a personal telephone hotline for those with information or suspicions.<br>
|
||||
<br>'Vulnerabilities'<br>
|
||||
<br>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.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||
<br>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.<br>
|
||||
<br>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".<br>
|
||||
<br>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.<br>
|
||||
<br>"They look for out the vulnerabilities of these to assist in their enterprises."<br>
|
||||
<br>Related web links<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||
<br>World [sports betting](https://oninabresources.com/sport-betting-industry-seeks-to-protect-itself/) Law Report<br>
|
||||
<br>ICC<br>
|
||||
<br>Professional Players Federation<br>
|
||||
<br>Professional Footballers' Association<br>
|
||||
<br>The FA<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||
<br>Betfair<br>
|
||||
<br>Sport & Markt<br>[bit.ly](https://bit.ly/AviatorGameOnlineBET9JA)
|
||||
<br>BLP<br>
|
||||
<br>Gambling Commission<br>
|
Loading…
Reference in a new issue