commit e9191cddde5a8e36ff798a7c49cee4cdeabcc505 Author: franziskakirkp Date: Wed Jan 1 23:46:04 2025 +0000 Add Sport Betting Industry Seeks To Protect Itself 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..7545cf0 --- /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 protect itself
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
16 September 2010
+
By Bill Wilson
+
Business reporter, BBC News
+
[sports betting](https://letustalk.co.in/read-blog/11472_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) on sport is substantial service.
+
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.
+
Which figure is most likely to have grown further, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summer.
+
Meanwhile, German research study firm Sport & Markt estimates the general worldwide [sports betting](https://iuridictum.pecina.cz/w/U%C5%BEivatel:RachelPate3166) market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://werderbremenfansclub.com/read-blog/14636_why-every-cricket-fan-need-to-try-the-all-cricket-id-gaming-platform.html) gaming.
+
But when the integrity of events are struck the [sports betting](https://mxlinkin.mimeld.com/read-blog/698_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) market suffers, and revenues are put under hazard if clients can not wager with self-confidence.
+
And there can have been couple of higher-profile sport [sports betting](https://bigtoc.com/read-blog/8965_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) stories than those affecting cricket and snooker this year.
+
High-profile
+
As Sport & Markt's Gareth Moore observes: "Everyone discuss the [sports betting](https://sosmed.almarifah.id/read-blog/1283_the-history-of-the-nfl-and-how-to-bet-on-it.html) gambling market now.
+
"Not only is it a considerable market in world business, 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 likewise challenge the corruption charges installed against 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, however was prohibited last week for 6 months for failing to report the prohibited approach to him to throw frames.
+
There are also two other continuing investigations - not associated to Mr Higgins - into snooker.
+
'Honest'
+
David O'Reilly is legal counsel for Betfair, one of the UK's most significant online sporting exchanges.
+
"If the sport is perceived as sincere, straight and reasonable that benefits wagering firms due to the fact that individuals will invest cash wagering with self-confidence," he states.
+
"If you take the Pakistan accusations, although unassociated to the UK controlled wagering industry ... it is not really a positive story for wagering in the UK.
+
"That is since 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 professionals at a World [sports betting](https://papersoc.com/read-blog/699_sport-betting-industry-looks-to-protect-itself.html) Law Report conference into [sports betting](https://jimsusefultools.com/index.php/User:MarianneYard), the focus needs to be on sportspersons 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 women in 15 [sports betting](https://africasfaces.com/read-blog/5876_how-to-attract-users-to-my-fantasy-sports-platform.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.
+
He thinks that it is inadequate to merely have deterrents, sanctions and disciplinary procedures, but that the method to tackle potential problems around gamers is likewise through education.
+
Mr Taylor states rules need to be discussed plainly to players with clear examples, and by people they appreciate.
+
"Through informing gamers about [sports betting](https://naijamatta.com/read-blog/34970_how-fantasy-betting-app-development-companies-and-sports-developers.html) wagering you enhance integrity which is in everyone's interest," he adds.
+
"If players are harder to corrupt then sport will be harder to corrupt."
+
'Brand damage'
+
Matt Johnson, head of regulatory legal recommendations at the Football Association, concurs.
+
"Prevention is better than cure, and we likewise make a point of informing gamers 'you are going to be caught'."
+
"It is vital that sport is directly, and is seen to be directly," he adds.
+
"If it loses that then individuals don't wish to bet, that is not in [sports betting](https://sotawiki.net/sota/User:IlseMarble702) firms' interests, and it is not in our interests."
+
He said that as soon as an excellent track record was lost, the damage to a sport was "incalculable".
+
FA guidelines indicate players are not allowed to bet on a competitors in which they are involved.
+
Mr Johnson states need to be seen not to be cashing in on any inside understanding, which he says might cause "brand name damage" to football and its competitions.
+
So, even a 2nd 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 have to get over to players the reputational risk to the video game," he states. "Once confidence has been harmed it is tough to get it back - mud sticks."
+
'Overwhelmingly legal'
+
If this represents the "carrot" technique, then maybe Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".
+
The Gambling Commission was established under the Gambling Act 2005 to manage business gaming in Great Britain.
+
An ex-chief constable of West Midlands cops, Mr Tofiluk has responsibility for policing all [sports betting](https://online-learning-initiative.org/wiki/index.php/User:EZSJudy148) in the UK apart from spread [sports betting](https://pipewiki.org/wiki/index.php/User:Rhys07U985), which is the remit of the FSA.
+
"The overwhelming bulk of [sports betting](https://social.japrime.id/read-blog/23472_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) occurring through UK operators is legal and fair," he states.
+
"But for some there is the temptation to ... corruptly disrupt the outcome of a sporting event.
+
"Such cheating has the potential to undermine the integrity of a sport, and it likewise harms the commercial interests of [sports betting](https://www.social.united-tuesday.org/read-blog/19480_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) bodies and [sports betting](https://terra.planetv.wtf/read-blog/698_.html)."
+
The commission has actually established an internal [Sports Betting](https://firstamendment.tv/read-blog/72257_how-to-play-bet9ja-online.html) Intelligence Unit to get and disseminate info to sporting authorities, betting companies and policing authorities.
+
"Since 2007 we have actually experienced a considerable insight into world of corrupt [sports betting](https://sportysocialspace.com/read-blog/12003_things-you-need-to-know-about-rafting-adventures.html)," he states.
+
"We will notify [sports betting](https://lets.chchat.me/read-blog/1981_for-sports-gambling-to-be-legalised.html) of our issues, to help prevent or curtail [illegal] activity"
+
In May 2010, the commission likewise presented a private telephone hotline for those with information or suspicions.
+
'Vulnerabilities'
+
But in a two-and-a-half year period there has been simply one prosecution, a 24-year-old male who was warned for cheating in relation to greyhound racing.
+
However, Mr Tofiluk says there are still eight ongoing investigations, and that much helpful information has actually also been passed to [sports betting](https://uconnect.ae/read-blog/173434_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) authorities.
+
He said that where an investigation by a sport governing body was quicker, and more cost efficient, then the commission would consider stopping a criminal investigation "in favour of letting [sports betting](https://ai.holiday/read-blog/12049_the-ins-and-outs-of-betting-on-the-nfl-draft.html) governing bodies take the lead".
+
Meanwhile, he says a number of those looking to cheat the [sports betting](https://metacouture.co/read-blog/24271_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) wagering industry were educated about [sports betting](https://bbarlock.com/index.php/User:HalleyLongstreet) and sporting individuals, and about wagering operations and the motion of cash.
+
"They seek out the vulnerabilities of these to assist in their business."
+
Related internet links
+
World [sports betting](https://customerscomm.com/read-blog/3709_just-how-much-are-americans-investing-in-sports-betting.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