From 59385e9380050e77da4cf6b668ec545f8e661ca1 Mon Sep 17 00:00:00 2001 From: peggybanfield5 Date: Wed, 1 Jan 2025 23:41:06 +0800 Subject: [PATCH] Add Sport Betting Industry Seeks To Protect Itself --- ...etting-Industry-Seeks-To-Protect-Itself.md | 68 +++++++++++++++++++ 1 file changed, 68 insertions(+) create mode 100644 Sport-Betting-Industry-Seeks-To-Protect-Itself.md diff --git a/Sport-Betting-Industry-Seeks-To-Protect-Itself.md b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md new file mode 100644 index 0000000..98a5b35 --- /dev/null +++ b/Sport-Betting-Industry-Seeks-To-Protect-Itself.md @@ -0,0 +1,68 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Sport wagering market aims to safeguard itself
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) +
16 September 2010
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
By Bill Wilson
+
Business reporter, BBC News
+
[sports betting](https://afrocinema.org/read-blog/42494_online-betting-firms-gamble-on-soccer-mad-nigeria.html) on sport is substantial company.
+
Sport England approximates the value of spending on sport-related gaming in [England](https://whoosmind.com/read-blog/33804_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
+
Which figure is most likely to have actually grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summertime.
+
Meanwhile, German research firm Sport & Markt estimates the total worldwide gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://meta.mactan.com.br/read-blog/24516_the-ins-and-outs-of-betting-on-the-nfl-draft.html).
+
But when the integrity of occasions are hit the [sports betting](https://flowsocial.xyz/read-blog/556_online-betting-firms-gamble-on-soccer-mad-nigeria.html) market suffers, and profits are put under danger if consumers can not bet with confidence.
+
And there can have been couple of higher-profile sport wagering stories than those affecting cricket and snooker this year.
+
High-profile
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
As Sport & Markt's Gareth Moore observes: "Everyone speak about the [sports betting](https://afrocinema.org/read-blog/44835_just-how-much-are-americans-spending-on-sports-betting.html) market now.
+
"Not just is it a considerable market in world company, it is one that is now on the front pages of newspapers."
+
Four Pakistan cricketers have actually been questioned by cops over spot-fixing allegations associating with a test versus England at Lord's last month.
+
Three of these players have stated they will also challenge the corruption charges mounted 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 accusations, but was prohibited last week for 6 months for stopping working to report the prohibited approach to him to toss frames.
+
There are likewise 2 other continuing examinations - unrelated to Mr Higgins - into snooker.
+
'Honest'
+
David O'Reilly is legal counsel for Betfair, among the UK's greatest online sporting exchanges.
+
"If the sport is perceived as truthful, straight and reasonable that benefits [sports betting](https://chatkc.com/read-blog/470_for-sports-gambling-to-be-legalised.html) firms since individuals will spend cash wagering with self-confidence," he states.
+
"If you take the Pakistan accusations, although unrelated to the UK regulated [sports betting](https://vibrantclubs.com/read-blog/11472_how-to-withdraw-from-bet9ja-8-step-guide-to-cash-in-your-wins.html) industry ... it is not really a favorable story for [sports betting](https://higgledy-piggledy.xyz/index.php/User:ReynaGruber1173) in the UK.
+
"That is due to the fact that the understanding is that 'cricket is now something we might need to be cautious about'."
+
'Education'
+
So what can be done to avoid future scandals?
+
According to specialists at a World [sports betting](https://social.vetmil.com.br/read-blog/15501_sport-betting-industry-wants-to-protect-itself.html) Law Report conference into [sports betting](https://myquora.myslns.com/index.php?qa=65585&qa_1=sport-betting-industry-seeks-to-protect-itself) gambling, the focus needs to be on sportsmen and sportswomen.
+
As Simon Taylor of the Professional Players' Federation points out: "The only individuals who can repair a match are the competitors or the referee."
+
His organisation represents men and ladies in 15 [sports betting](https://alumni.myra.ac.in/read-blog/148499_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.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 procedures, but that the way to take on potential problems around gamers is likewise through education.
+
Mr Taylor says guidelines require to be described clearly to gamers with clear examples, and by they appreciate.
+
"Through educating gamers about [sports betting](http://touringtreffen.nl/read-blog/2399_how-to-withdraw-from-bet9ja-8-step-guide-to-money-in-your-wins.html) you enhance integrity which is in everyone's interest," he adds.
+
"If players are harder to corrupt then sport will be more difficult to corrupt."
+
'Brand damage'
+
Matt Johnson, head of regulatory legal [recommendations](http://touringtreffen.nl/read-blog/2403_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) at the Football Association, concurs.
+
"Prevention is much better than cure, and we likewise make a point of informing players 'you are going to be captured'."
+
"It is important that sport is straight, and is seen to be directly," he includes.
+
"If it loses that then individuals don't wish to wager, that is not in gambling companies' interests, and it is not in our interests."
+
He stated that once an [excellent track](http://social.redemaxxi.com.br/read-blog/1670_for-sports-gambling-to-be-legalised.html) record was lost, the damage to a sport was "incalculable".
+
FA guidelines indicate gamers are not allowed to bank on a competitors in which they are included.
+
Mr Johnson says gamers have actually to be seen not to be cashing in on any inside understanding, which he states might cause "brand damage" to football and its competitors.
+
So, even a 2nd Division gamer knocked out of the FA Cup in the autumn can not wager on a Manchester United v Chelsea cup last the following spring.
+
"We need to overcome to players the reputational risk to the video game," he says. "Once confidence has actually been harmed it is difficult to get it back - mud sticks."
+
'Overwhelmingly legal'
+
If this represents the "carrot" technique, then perhaps Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".
+
The Gambling Commission was set up under the Gambling Act 2005 to regulate commercial gaming in Great Britain.
+
An ex-chief constable of West Midlands authorities, Mr Tofiluk has obligation for policing all wagering in the UK apart from spread wagering, which is the remit of the FSA.
+
"The overwhelming majority of [sports betting](https://nbc.co.uk/read-blog/148_things-you-need-to-understand-about-rafting-adventures.html) wagering taking location through UK operators is legal and reasonable," he states.
+
"But for some there is the temptation to ... corruptly hinder the outcome of a sporting occasion.
+
"Such cheating has the possible to undermine the stability of a sport, and it also damages the commercial interests of [sports betting](https://clik.social/read-blog/18975_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) bodies and [sports betting](https://alumni.myra.ac.in/read-blog/148499_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) wagering."
+
The commission has developed an internal [Sports Betting](https://www.yewiki.org/User:FideliaHuhn8214) Intelligence Unit to receive and share details to sporting authorities, [sports betting](https://flowsocial.xyz/read-blog/556_online-betting-firms-gamble-on-soccer-mad-nigeria.html) companies and policing authorities.
+
"Since 2007 we have actually experienced a significant insight into world of [corrupt](https://disgaeawiki.info/index.php/User:FloyW3527704394) [sports betting](http://www.vmeste-so-vsemi.ru/wiki/%D0%A3%D1%87%D0%B0%D1%81%D1%82%D0%BD%D0%B8%D0%BA:Kelly88E90)," he states.
+
"We will signal [sports betting](http://www.pickmemo.com/read-blog/11267_compare-amp-review-oddsjet-de.html) of our concerns, to help avoid or curtail [prohibited] activity"
+
In May 2010, the commission also presented a personal telephone hotline for those with information or suspicions.
+
'Vulnerabilities'
+
But in a two-and-a-half year duration there has actually been simply one prosecution, a 24-year-old guy who was cautioned for unfaithful in relation to greyhound racing.
+
However, Mr Tofiluk says there are still eight continuous investigations, which much useful information has actually likewise been passed to [sports betting](https://meta.mactan.com.br/read-blog/24936_how-much-are-americans-investing-in-sports-betting.html) authorities.
+
He stated that where an examination by a sport governing body was quicker, and more expense effective, then the commission would consider terminating a criminal examination "in favour of letting [sports betting](https://mensaceuta.com/read-blog/9223_just-how-much-are-americans-investing-in-sports-betting.html) governing bodies take the lead".
+
Meanwhile, he states a lot of those seeking to cheat the [sports betting](https://iochats.com/read-blog/30285_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) market were experienced about [sports betting](https://lovn1world.com/read-blog/2333_compare-amp-review-oddsjet-de.html) and sporting people, and about [sports betting](https://drapia.org/11-WIKI/index.php/User:JulianaHarp991) operations and the movement of cash.
+
"They look for out the vulnerabilities of these to help in their business."
+
Related web links
+
World [sports betting](https://miggoo.com.br/read-blog/2669_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) Law Report
+
ICC
+
Professional Players Federation
+
Professional Footballers' Association
+
The FA
+
Betfair
+
Sport & Markt
+
BLP
+
Gambling Commission
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) \ No newline at end of file