From 31995ba6353d72438314bfe9ee39872f36a9f251 Mon Sep 17 00:00:00 2001 From: charlesbromilo Date: Wed, 1 Jan 2025 20:37:32 +0800 Subject: [PATCH] Add Sport Betting Industry Wants To Protect Itself --- ...etting-Industry-Wants-To-Protect-Itself.md | 69 +++++++++++++++++++ 1 file changed, 69 insertions(+) create mode 100644 Sport-Betting-Industry-Wants-To-Protect-Itself.md 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..48db2c1 --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,69 @@ +
Sport betting market aims to secure itself
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16 September 2010
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By Bill Wilson
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Business press reporter, BBC News
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[sports betting](https://embargo.energy/index.php/User:LesleyDonohoe23) on sport is big company.
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Sport England estimates the value of costs 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 actually grown even more, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer season.
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Meanwhile, German research company Sport & Markt approximates the total worldwide gambling market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://juryi.sn/read-blog/11974_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html).
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But when the integrity of events are struck the gaming market suffers, and incomes are put under hazard if customers can not bet with confidence.
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And there can have been few higher-profile sport [sports betting](https://social.stssconstruction.com/read-blog/21119_online-betting-firms-gamble-on-soccer-mad-nigeria.html) 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://socialsmerch.com/read-blog/10502_online-betting-firms-gamble-on-soccer-mad-nigeria.html) market now.
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"Not only is it a substantial market in world company, it is one that is now on the front pages of papers."
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Four Pakistan cricketers have actually been questioned by authorities over spot-fixing accusations connecting to a test versus England at Lord's last month.
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Three of these players have said they will also challenge the corruption charges installed 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 six months for stopping working to report the unlawful approach to him to throw frames.
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There are likewise two other continuing examinations - unrelated 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 biggest online sporting exchanges.
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"If the sport is viewed as honest, straight and fair that is great for [sports betting](https://origintraffic.com/read-blog/1657_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) companies due to the fact that people will spend cash [sports betting](http://touringtreffen.nl/read-blog/2418_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) with self-confidence," he states.
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"If you take the Pakistan accusations, although unrelated to the UK controlled [sports betting](https://whylieto.us/read-blog/177_online-betting-firms-gamble-on-soccer-mad-nigeria.html) market ... it is not really a favorable story for [sports betting](https://nbc.co.uk/read-blog/143_sport-betting-industry-aims-to-protect-itself.html) in the UK.
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"That is since the understanding is that 'cricket is now something we might have to take care about'."
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'Education'
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So what can be done to avoid future scandals?
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According to experts at a World [sports betting](https://birdiey.com/read-blog/506_sport-betting-industry-looks-to-protect-itself.html) Law Report conference into [sports betting](https://tribetok.com/read-blog/80_how-much-are-americans-investing-in-sports-betting.html), the focus has to be on sportspersons 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://www.social.united-tuesday.org/read-blog/19442_for-sports-gambling-to-be-legalised.html) in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.
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He believes that it is inadequate to merely have deterrents, sanctions and disciplinary procedures, but that the way to take on prospective issues around players is also through education.
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Mr Taylor says rules need to be described plainly to gamers with clear examples, and by individuals they appreciate.
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"Through educating players about [sports betting](https://sportstalkhub.com/read-blog/20571_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) you strengthen stability which is in everyone's interest," he includes.
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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 advice at the Football Association, concurs.
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"Prevention is much better than cure, and we also make a point of telling players '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 gambling firms' interests, and it is not in our interests."
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He stated that when a good reputation was lost, the damage to a sport was "incalculable".
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FA rules suggest gamers are not permitted to bank on a competition in which they are included.
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Mr Johnson states players need to be seen not to be cashing in on any inside knowledge, which he says might cause "brand name damage" to football and its competitors.
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So, even a 2nd Division gamer knocked out of the FA Cup in the fall can not bet on a Manchester United v Chelsea cup last the following spring.
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"We have to overcome to gamers the reputational threat to the game," he states. "Once 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 the "carrot" method, then maybe Nick Tofiluk, director of regulation at the Gambling Commission, represents the "stick".
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The Gambling Commission was set up under the Gambling Act 2005 to manage business gaming in Great Britain.
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An ex-chief constable of West Midlands police, Mr Tofiluk has duty for policing all wagering in the UK apart from spread wagering, which is the remit of the FSA.
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"The overwhelming majority of [sports betting](https://profesional.id/read-blog/116_how-much-are-americans-investing-in-sports-betting.html) wagering occurring 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 prospective to weaken the stability of a sport, and it also harms the business interests of [sports betting](https://birdiey.com/read-blog/358_just-how-much-are-americans-spending-on-sports-betting.html) bodies and [sports betting](https://www.miptrucking.net/read-blog/1259_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html)."
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The commission has established an internal [Sports Betting](https://jamesrodriguezclub.com/read-blog/6191_things-you-need-to-know-about-rafting-adventures.html) Intelligence Unit to receive and share info to sporting authorities, wagering firms and policing authorities.
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"Since 2007 we have actually experienced a considerable insight into world of corrupt [sports betting](https://www.kuyasia.com/read-blog/26_things-you-need-to-know-about-rafting-adventures.html) wagering," he says.
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"We will alert [sports betting](https://www.drawlfest.com/read-blog/13703_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) of our issues, to assist prevent or reduce [unlawful] activity"
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In May 2010, the commission likewise presented 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 actually been simply one criminal prosecution, a 24-year-old male who was cautioned for unfaithful in relation to greyhound racing.
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However, Mr Tofiluk says there are still 8 continuous examinations, and that much beneficial info has actually also been passed to [sports betting](https://uconnect.ae/read-blog/168602_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) authorities.
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He stated that where an investigation by a sport governing body was quicker, and more expense effective, then the commission would consider ceasing a criminal examination "in favour of letting [sports betting](http://kitsap.whigdev.com/read-blog/3105_how-much-are-americans-investing-in-sports-betting.html) governing bodies take the lead".
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Meanwhile, he states a lot of those looking to cheat the [sports betting](https://www.miptrucking.net/read-blog/1291_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) industry were knowledgeable about [sports betting](https://sportysocialspace.com/read-blog/12002_online-betting-firms-gamble-on-soccer-mad-nigeria.html) and sporting people, and about wagering operations and the movement of cash.
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"They look for the vulnerabilities of these to help in their business."
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Related web links
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World [sports betting](https://www.athleticzoneforum.com/read-blog/771_the-ins-and-outs-of-betting-on-the-nfl-draft.html) Law Report
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ICC
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Professional Players Federation
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Professional Footballers' Association
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The FA
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Betfair
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Sport & Markt
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BLP
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Gambling Commission
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The BBC is not responsible for the content of external websites.
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