From 30e307bbfb4d9a7eb029f4dd0dd59d5d587646bc Mon Sep 17 00:00:00 2001 From: franklinpullia Date: Thu, 2 Jan 2025 12:15:20 +0800 Subject: [PATCH] Add Sport Betting Industry Looks To Protect Itself --- ...etting-Industry-Looks-To-Protect-Itself.md | 68 +++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Looks-To-Protect-Itself.md 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..47df066 --- /dev/null +++ b/Sport-Betting-Industry-Looks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
Sport wagering industry looks to secure itself
+
16 September 2010
+
By Bill Wilson
+
Business press reporter, BBC News
+
Betting on sport is big service.
+
Sport England approximates the worth of spending on sport-related [sports betting](https://noaisocial.pro/read-blog/2353_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
+
And that figure is likely to have grown even more, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summertime.
+
Meanwhile, German research firm Sport & Markt estimates the overall global gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://customerscomm.com/read-blog/3709_just-how-much-are-americans-investing-in-sports-betting.html).
+
But when the stability of events are struck the betting industry suffers, and revenues are put under threat if customers can not bet with confidence.
+
And there can have been couple of higher-profile sport [sports betting](https://inicknet.com/read-blog/2177_the-ins-and-outs-of-betting-on-the-nfl-draft.html) stories than those affecting cricket and snooker this year.
+
High-profile
+
As Sport & Markt's Gareth Moore observes: "Everyone speak about the [sports betting](https://skylockr.app/read-blog/201_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) gambling market now.
+
"Not just is it a considerable market in world company, it is one that is now on the front pages of papers."
+
Four Pakistan cricketers have been questioned by cops over spot-fixing claims associating with a test versus England at Lord's last month.
+
Three of these players have actually stated they will also challenge the corruption charges installed against the trio by the sport governing body the International Cricket Council.
+
Meanwhile, three-times snooker world champion John Higgins was cleared of match-fixing accusations, however was prohibited last week for six months for stopping working to report the illegal approach to him to throw frames.
+
There are also two other continuing examinations - 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 perceived as truthful, straight and fair that is excellent for [sports betting](http://titotit.com/xe/?document_srl=720103) companies since individuals will invest money [sports betting](https://wiki.fablabbcn.org/User:AnitraReuter3) with self-confidence," he says.
+
"If you take the Pakistan claims, although unassociated to the UK managed wagering market ... it is not truly a favorable 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 take care about'."
+
'Education'
+
So what can be done to prevent future scandals?
+
According to experts at a World [sports betting](https://www.contraband.ch/read-blog/41700_for-sports-gambling-to-be-legalised.html) Law Report conference into [sports betting](https://grade1d.smaportal.ae/read-blog/2423_enhance-your-business-opportunities-with-efficient-sports-apps.html), the focus needs 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](https://bestchristian.com/read-blog/2975_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 treatments, however that the way to deal with potential problems around gamers is also through education.
+
Mr Taylor states guidelines need to be explained clearly to players with clear examples, and by people they respect.
+
"Through educating gamers about [sports betting](https://origintraffic.com/read-blog/1656_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) wagering you strengthen integrity which remains in everyone's interest," he includes.
+
"If gamers are harder to corrupt then sport will be harder to corrupt."
+
'Brand damage'
+
Matt Johnson, head of regulative legal recommendations at the Football Association, agrees.
+
"Prevention is better than remedy, and we likewise make a point of informing gamers 'you are going to be captured'."
+
"It is necessary that sport is straight, and is seen to be directly," he includes.
+
"If it loses that then people do not wish to wager, that is not in gambling companies' interests, and it is not in our interests."
+
He said that as soon as an excellent reputation was lost, the damage to a sport was "incalculable".
+
FA rules indicate gamers are not permitted to bank on a competitors in which they are included.
+
Mr Johnson states gamers need to be seen not to be capitalizing any inside understanding, which he says might trigger "brand name damage" to football and its competitors.
+
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 threat to the video game," he says. "Once self-confidence has actually been damaged it is difficult 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 established under the Gambling Act 2005 to regulate commercial gaming in Great Britain.
+
An ex-chief constable of West Midlands police, Mr Tofiluk has responsibility for policing all wagering in the UK apart from spread [sports betting](https://encone.com/read-blog/46235_why-every-cricket-fan-must-try-the-all-cricket-id-gaming-platform.html), which is the remit of the FSA.
+
"The frustrating bulk of [sports betting](https://islider.ru/read-blog/37805_how-to-attract-users-to-my-fantasy-sports-platform.html) wagering taking location through UK operators is legal and fair," he says.
+
"But for some there is the temptation to ... corruptly disrupt the outcome of a sporting event.
+
"Such cheating has the prospective to weaken the stability of a sport, and it likewise damages the industrial interests of [sports betting](https://thatswhathappened.wiki/index.php/User:AlfredKroger0) bodies and [sports betting](https://coptr.digipres.org/index.php/User:MargoFikes74082)."
+
The commission has established an internal [Sports Betting](https://coptr.digipres.org/index.php/User:BradSnook738766) Intelligence Unit to get and share details to sporting authorities, [sports betting](https://blablasell.com/read-blog/11898_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) companies and policing authorities.
+
"Since 2007 we have actually experienced a significant insight into world of corrupt [sports betting](https://comunidadebrasilbr.com/read-blog/14331_begin-winning-with-pcg-college-football-picks.html) wagering," he states.
+
"We will notify [sports betting](https://voggisper.com/read-blog/1217_for-sports-gambling-to-be-legalised.html) of our concerns, to help avoid or curtail [illegal] activity"
+
In May 2010, the commission also presented a confidential telephone hotline for those with info or suspicions.
+
'Vulnerabilities'
+
But in a two-and-a-half year period there has been just one criminal prosecution, a 24-year-old male who was cautioned for unfaithful in relation to greyhound racing.
+
However, Mr Tofiluk states there are still eight ongoing examinations, which much useful info has actually likewise been passed to [sports betting](https://bexopro.com/read-blog/2880_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) authorities.
+
He said that where an examination by a sport governing body was quicker, and more expense reliable, then the commission would think about ceasing a criminal examination "in favour of letting [sports betting](https://youslade.com/read-blog/41362_the-history-of-the-nfl-and-how-to-bet-on-it.html) governing bodies take the lead".
+
Meanwhile, he states a lot of those wanting to cheat the [sports betting](https://mixup.wiki/index.php/User:RBCRoxanna) industry were experienced about [sports betting](https://connectworld.app/read-blog/222_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) and sporting people, and about wagering operations and the motion of money.
+
"They look for the of these to assist in their business."
+
Related internet links
+
World [sports betting](https://islider.ru/read-blog/41313_begin-winning-with-pcg-college-football-picks.html) Law Report
+
ICC
+
Professional Players Federation
+
Professional Footballers' Association
+
The FA
+
Betfair
+
Sport & Markt
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
BLP
+
Gambling Commission
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) \ No newline at end of file