From 088bc77cadb4c06188a6d35136ad171e005dea48 Mon Sep 17 00:00:00 2001 From: jansymes894776 Date: Tue, 31 Dec 2024 13:44:05 +0100 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..c4be417 --- /dev/null +++ b/Sport-Betting-Industry-Wants-To-Protect-Itself.md @@ -0,0 +1,69 @@ +[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
Sport wagering industry seeks to protect itself
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
16 September 2010
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
By Bill Wilson
+
Business press reporter, BBC News
+
[sports betting](https://sossnet.com/read-blog/20807_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) on sport is substantial company.
+
Sport England estimates the worth of spending on sport-related gambling in grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
+
Which figure is likely to have actually grown further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer.
+
Meanwhile, German research study firm Sport & Markt approximates the overall global gaming market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://pittsburghpenguinsclub.com/read-blog/11628_things-you-need-to-learn-about-rafting-adventures.html).
+
But when the stability of occasions are hit the gambling industry suffers, and profits are put under danger if customers can not wager with self-confidence.
+
And there can have been few higher-profile sport wagering stories than those affecting cricket and snooker this year.
+
High-profile
+
As Sport & Markt's Gareth Moore observes: "Everyone talks about the [sports betting](https://letustalk.co.in/read-blog/11518_just-how-much-are-americans-investing-in-sports-betting.html) market now.
+
"Not only is it a substantial market in world organization, it is one that is now on the front pages of newspapers."
+
Four Pakistan cricketers have actually been questioned by authorities over spot-fixing allegations associating with a test versus England at Lord's last month.
+
Three of these players have actually stated 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 banned recently for six months for stopping working to report the unlawful technique to him to toss frames.
+
There are also two other continuing investigations - not related to Mr Higgins - into snooker.
+
'Honest'
+
David O'Reilly is legal counsel for Betfair, among the UK's biggest online sporting exchanges.
+
"If the sport is viewed as honest, straight and reasonable that benefits wagering companies due to the fact that people will invest cash wagering with self-confidence," he says.
+
"If you take the Pakistan accusations, although unassociated to the UK regulated wagering market ... it is not actually a favorable story for wagering in the UK.
+
"That is due to the fact that the understanding is that 'cricket is now something we may need to be careful about'."
+
'Education'
+
So what can be done to prevent future scandals?
+
According to specialists at a World [sports betting](https://projectblueberryserver.com/index.php/User:AmosWje444605) Law Report conference into [sports betting](https://socialsmerch.com/read-blog/10526_online-betting-firms-gamble-on-soccer-mad-nigeria.html) gambling, the focus needs to be on sportsmen and sportswomen.
+
As Simon Taylor of the Professional Players' Federation mentions: "The only individuals who can fix a match are the competitors or the referee."
+
His organisation represents males and ladies in 15 [sports betting](https://disgaeawiki.info/index.php/User:DemetriusStrauss) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
+
He thinks that it is insufficient to merely have deterrents, sanctions and disciplinary treatments, however that the method to take on prospective issues around gamers is also through education.
+
Mr Taylor says guidelines require to be explained clearly to players with clear examples, and by people they appreciate.
+
"Through informing gamers about [sports betting](https://drapia.org/11-WIKI/index.php/User:LZOJustina) wagering you strengthen integrity and that is in everyone's interest," he includes.
+
"If players are harder to corrupt then sport will be harder to corrupt."
+
'Brand damage'
+
Matt Johnson, head of regulatory legal advice at the Football Association, concurs.
+
"Prevention is much better than remedy, and we likewise make a point of informing gamers 'you are going to be captured'."
+
"It is essential that sport is straight, and is seen to be directly," he includes.
+
"If it loses that then people don't wish to bet, that is not in gambling companies' interests, and it is not in our interests."
+
He said that as soon as a good credibility was lost, the damage to a sport was "incalculable".
+
FA rules suggest players are not enabled to wager on a competition in which they are included.
+
Mr Johnson says players need to be seen not to be capitalizing any inside knowledge, which he says might trigger "brand name damage" to football and its competitors.
+
So, even a 2nd Division gamer 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 get over to players the reputational danger to the video game," he states. "Once confidence has been damaged it is hard to get it back - mud sticks."
+
'Overwhelmingly legal'
+
If this represents the "carrot" method, then maybe Nick Tofiluk, director of regulation at the Gambling Commission, represents the "stick".
+
The Gambling Commission was set up under the Gambling Act 2005 to manage business [sports betting](https://www.hb9lc.org/wiki/index.php/User:ForrestCarmack9) in Great Britain.
+
An ex-chief constable of West Midlands police, Mr Tofiluk has responsibility for policing all [sports betting](https://taar.me/read-blog/8456_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) in the UK apart from spread wagering, which is the remit of the FSA.
+
"The overwhelming majority of [sports betting](http://famedoot.in/read-blog/98_the-history-of-the-nfl-and-how-to-bank-on-it.html) wagering taking location through UK operators is legal and fair," he says.
+
"But for some there is the temptation to ... corruptly hinder the outcome of a sporting occasion.
+
"Such unfaithful has the prospective to undermine the integrity of a sport, and it also damages the business interests of [sports betting](https://olps.co.za/wiki/User:MerissaEmanuel) bodies and [sports betting](https://thewion.com/read-blog/185992_things-you-need-to-learn-about-rafting-adventures.html)."
+
The commission has actually established an in-house [Sports Betting](https://noaisocial.pro/read-blog/2373_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) Intelligence Unit to get and distribute details to sporting authorities, [sports betting](https://philadelphiaflyersclub.com/read-blog/8453_things-you-need-to-learn-about-rafting-adventures.html) firms and policing authorities.
+
"Since 2007 we have experienced a significant insight into world of corrupt [sports betting](https://nuo18.lt/read-blog/68946_how-to-play-bet9ja-online.html)," he states.
+
"We will alert [sports betting](https://sabiile.com/read-blog/2141_just-how-much-are-americans-spending-on-sports-betting.html) of our issues, to help avoid or curtail [illegal] activity"
+
In May 2010, the commission likewise introduced a personal telephone hotline for those with information or suspicions.
+
'Vulnerabilities'
+
But in a two-and-a-half year period there has been just one prosecution, a 24-year-old guy who was cautioned for cheating in relation to greyhound racing.
+
However, Mr Tofiluk says there are still eight ongoing investigations, and that much useful details has also been passed to [sports betting](http://artrecord.kr/bbs/board.php?bo_table=free&wr_id=453006) authorities.
+
He stated that where an investigation by a sport governing body was quicker, and more cost efficient, then the commission would think about discontinuing a criminal examination "in favour of letting [sports betting](https://younivix.com/read-blog/29918_how-to-play-bet9ja-online.html) governing bodies take the lead".
+
Meanwhile, he states a number of those wanting to cheat the [sports betting](https://bdstarter.com/how-are-betting-odds-calculated/) wagering industry were well-informed about [sports betting](https://mgnm.uk/read-blog/3150_why-every-cricket-fan-ought-to-try-the-all-cricket-id-gaming-platform.html) and sporting people, and about [sports betting](https://wiki.tld-wars.space/index.php/Utilisateur:GeorgiaEsters6) operations and the motion of cash.
+
"They look for the vulnerabilities of these to help in their enterprises."
+
Related web links
+
World [sports betting](https://bytes-the-dust.com/index.php/User:LamontMarshburn) Law Report
+
ICC
+
Professional Players Federation
+
Professional Footballers' Association
+
The FA
+
Betfair
+
Sport & Markt
+
BLP
+
Gambling Commission
+
The BBC is not responsible for the material of external sites.
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) \ No newline at end of file