From c4eb96a7c7bd12eb47353c6a430a02337268bbcf Mon Sep 17 00:00:00 2001 From: benitocalwell1 Date: Fri, 20 Dec 2024 20:24:20 +0800 Subject: [PATCH] Update 'Sport Betting Industry Aims To Protect Itself' --- ...Betting-Industry-Aims-To-Protect-Itself.md | 69 +++++++++++++++++++ 1 file changed, 69 insertions(+) create mode 100644 Sport-Betting-Industry-Aims-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Aims-To-Protect-Itself.md b/Sport-Betting-Industry-Aims-To-Protect-Itself.md new file mode 100644 index 0000000..7b8da4e --- /dev/null +++ b/Sport-Betting-Industry-Aims-To-Protect-Itself.md @@ -0,0 +1,69 @@ +
Sport [sports betting](https://social.japrime.id/read-blog/23405_for-sports-gambling-to-be-legalised.html) market looks 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
+
Betting on sport is big business.
+
Sport England approximates the worth of spending on sport-related gaming in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
+
And that figure is most likely to have grown further, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summertime.
+
Meanwhile, German research company Sport & Markt approximates the total worldwide betting market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://social1776.com/read-blog/18506_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) gambling.
+
But when the integrity of events are hit the betting market suffers, and earnings are put under threat if consumers can not wager with self-confidence.
+
And there can have been few higher-profile sport [sports betting](https://drapia.org/11-WIKI/index.php/User:PamGroth778951) stories than those impacting cricket and snooker this year.
+
High-profile
+
As Sport & Markt's Gareth Moore observes: "Everyone speak about the [sports betting](https://sslaziofansclub.com/read-blog/22660_enhance-your-business-opportunities-with-efficient-sports-apps.html) gambling market now.
+
"Not just is it a significant 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 claims connecting to a test against England at Lord's last month.
+
Three of these gamers have said they will also 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 recently for six months for failing to report the prohibited method to him to throw frames.
+
There are likewise two other continuing investigations - unrelated to Mr Higgins - into snooker.
+
'Honest'
+
David O'Reilly is legal counsel for Betfair, one of the UK's biggest online sporting exchanges.
+
"If the sport is perceived as honest, straight and fair that benefits [sports betting](https://cruzazulfansclub.com/read-blog/7788_how-much-are-americans-spending-on-sports-betting.html) companies due to the fact that people will invest cash [sports betting](https://qanda.yokepost.com/index.php?qa=164056&qa_1=things-you-need-to-understand-about-rafting-adventures) with confidence," he says.
+
"If you take the Pakistan claims, although unrelated to the UK regulated betting market ... it is not really a positive story for [sports betting](https://collegetalks.site/read-blog/11730_things-you-need-to-learn-about-rafting-adventures.html) in the UK.
+
"That is because the perception is that 'cricket is now something we might need to be cautious about'."
+
'Education'
+
So what can be done to prevent future scandals?
+
According to professionals at a World [sports betting](https://thatswhathappened.wiki/index.php/User:LeonaStyers05) Law Report conference into [sports betting](https://mixup.wiki/index.php/User:JoseMercado1), the focus needs to be on sportspersons and sportswomen.
+
As Simon Taylor of the Professional Players' Federation points out: "The only people who can fix a match are the competitors or the referee."
+
His organisation represents men and females in 15 [sports betting](https://forum.subchems.com/read-blog/3825_for-sports-gambling-to-be-legalised.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
+
He believes that it is inadequate to simply have deterrents, sanctions and disciplinary treatments, however that the method to take on potential concerns around gamers is also through education.
+
Mr Taylor states guidelines require to be discussed clearly to players with clear examples, and by individuals they respect.
+
"Through informing gamers about [sports betting](https://taar.me/read-blog/8460_how-much-are-americans-spending-on-sports-betting.html) wagering you strengthen integrity and that is in everyone's interest," he adds.
+
"If players are more difficult to corrupt then sport will be more difficult to corrupt."
+
'Brand damage'
+
Matt Johnson, head of regulative legal guidance at the Football Association, concurs.
+
"Prevention is better than remedy, and we also make a point of informing gamers 'you are going to be captured'."
+
"It is essential that sport is directly, and is seen to be directly," he adds.
+
"If it loses that then people do not wish to wager, that is not in gaming firms' interests, and it is not in our interests."
+
He said that once an excellent credibility was lost, the damage to a sport was "incalculable".
+
FA rules imply gamers are not permitted to bet on a competition in which they are included.
+
Mr Johnson says gamers need to be seen not to be capitalizing any inside understanding, which he says might trigger "brand damage" to football and its competitions.
+
So, even a Second Division gamer knocked out of the FA Cup in the fall can not bet on a v Chelsea cup final the following spring.
+
"We need to get over to players the reputational danger to the video game," he says. "Once confidence has been harmed it is difficult to get it back - mud sticks."
+
'Overwhelmingly legal'
+
If this represents the "carrot" approach, then maybe Nick Tofiluk, director of guideline at the Gambling Commission, represents the "stick".
+
The Gambling Commission was established under the Gambling Act 2005 to control industrial 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://sabiile.com/read-blog/2140_sport-betting-industry-seeks-to-protect-itself.html), which is the remit of the FSA.
+
"The frustrating majority of [sports betting](https://wiki.whenparked.com/User:BNATaylor534486) wagering happening through UK operators is legal and reasonable," he says.
+
"But for some there is the temptation to ... corruptly hinder the outcome of a sporting occasion.
+
"Such cheating has the prospective to weaken the stability of a sport, and it also damages the commercial interests of [sports betting](https://kenyansocial.com/read-blog/1360_things-you-need-to-understand-about-rafting-adventures.html) bodies and [sports betting](https://werderbremenfansclub.com/read-blog/14085_things-you-need-to-understand-about-rafting-adventures.html) wagering."
+
The commission has established an in-house [Sports Betting](https://collegetalks.site/read-blog/11756_how-fantasy-betting-app-development-companies-and-sports-developers.html) Intelligence Unit to get and share info to sporting authorities, wagering companies and policing authorities.
+
"Since 2007 we have actually experienced a considerable insight into world of corrupt [sports betting](https://globalabout.com/read-blog/16987_compare-amp-review-oddsjet-de.html) wagering," he states.
+
"We will signal [sports betting](https://melanatedpeople.net/read-blog/67919_online-betting-firms-gamble-on-soccer-mad-nigeria.html) of our concerns, to help avoid or cut [unlawful] activity"
+
In May 2010, the commission likewise presented a confidential telephone hotline for those with info or suspicions.
+
'Vulnerabilities'
+
But in a two-and-a-half year duration there has actually been just one prosecution, a 24-year-old man who was cautioned for unfaithful in relation to greyhound racing.
+
However, Mr Tofiluk states there are still 8 ongoing examinations, which much helpful details has likewise been passed to [sports betting](https://infosocial.top/read-blog/4049_for-sports-gambling-to-be-legalised.html) authorities.
+
He stated that where an investigation by a sport governing body was quicker, and more expense reliable, then the commission would think about discontinuing a criminal examination "in favour of letting [sports betting](https://social.mirrororg.com/read-blog/7677_for-sports-gambling-to-be-legalised.html) governing bodies take the lead".
+
Meanwhile, he states numerous of those looking to cheat the [sports betting](https://surgiteams.com/index.php/User:ReginaGarrison) industry were experienced about [sports betting](https://socialsmerch.com/read-blog/10520_sport-betting-industry-wants-to-protect-itself.html) and sporting people, and about wagering operations and the movement of cash.
+
"They look for the vulnerabilities of these to assist in their business."
+
Related web links
+
World [sports betting](https://youfurry.com/read-blog/37811_things-you-need-to-know-about-rafting-adventures.html) Law Report
+
ICC
+
Professional Players Federation
+
Professional Footballers' Association
+
The FA
+
Betfair
+
Sport & Markt
+
BLP
+
Gambling Commission
+
The BBC is not responsible for the content of external websites.
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) \ No newline at end of file