From 2e373330a5a89c67e3bd013cdea171c5ec3d64e8 Mon Sep 17 00:00:00 2001 From: karolwylly1276 Date: Thu, 2 Jan 2025 13:22:56 +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..717442d --- /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://africasfaces.com/read-blog/5876_how-to-attract-users-to-my-fantasy-sports-platform.html) on sport is substantial service.
+
Sport England estimates 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 likely to have actually 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 total global gambling market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and [sports betting](https://social.ishare.la/read-blog/1455_how-to-play-bet9ja-online.html).
+
But when the integrity of occasions are hit the gaming market suffers, and incomes are put under hazard if customers can not bet 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 speak about the [sports betting](https://ai.holiday/read-blog/12062_the-history-of-the-nfl-and-how-to-bank-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 papers."
+
Four Pakistan cricketers have been questioned by police over spot-fixing allegations relating to a test versus England at Lord's last month.
+
Three of these gamers have said they will likewise challenge the corruption charges mounted 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 claims, however was banned last week for 6 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 truthful, straight and reasonable that is great for wagering companies since individuals will spend money [sports betting](https://wiki.snooze-hotelsoftware.de/index.php?title=Benutzer:KandaceBarone) with self-confidence," he says.
+
"If you take the Pakistan accusations, although unrelated to the UK regulated wagering market ... it is not actually a positive story for [sports betting](https://meta.mactan.com.br/read-blog/23711_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) in the UK.
+
"That is since the perception is that 'cricket is now something we may have to be cautious about'."
+
'Education'
+
So what can be done to avoid future scandals?
+
According to experts at a World [sports betting](https://oeclub.org/index.php/User:MatildaMcGhee) Law Report conference into [sports betting](https://fishtanklive.wiki/User:Maddison44I) gambling, the focus needs to be on sportsmen and sportswomen.
+
As Simon Taylor of the Professional Players' Federation explains: "The only people who can repair a match are the rivals or the referee."
+
His organisation represents males and women in 15 [sports betting](https://devnew.judefly.com/index.php?link1=read-blog&id=3248_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 believes that it is insufficient to merely have deterrents, sanctions and disciplinary treatments, however that the method to deal with prospective concerns around gamers is also through education.
+
Mr Taylor says rules need to be discussed plainly to players with clear examples, and by individuals they appreciate.
+
"Through educating players about [sports betting](https://sportify.brandnitions.com/read-blog/20_enhance-your-business-opportunities-with-efficient-sports-apps.html) you strengthen stability which is in everybody's interest," he includes.
+
"If gamers 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, agrees.
+
"Prevention is much better than treatment, and we also make a point of telling players 'you are going to be captured'."
+
"It is important that sport is directly, and is seen to be straight," he adds.
+
"If it loses that then individuals don't desire to wager, that is not in gaming companies' interests, and it is not in our interests."
+
He said that when an excellent reputation was lost, the damage to a sport was "incalculable".
+
FA rules mean players are not permitted to bank on a competition in which they are involved.
+
Mr Johnson says players have actually to be seen not to be in on any inside understanding, which he says might cause "brand damage" to football and its competitions.
+
So, even a Second Division gamer knocked out of the FA Cup in the fall can not wager on a Manchester United v Chelsea cup last the following spring.
+
"We need to get over to players the reputational threat to the video game," he states. "Once self-confidence has been damaged it is tough to get it back - mud sticks."
[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig) +
'Overwhelmingly legal'
+
If this represents the "carrot" approach, 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 regulate industrial gambling in Great Britain.
+
An ex-chief constable of West Midlands authorities, Mr Tofiluk has duty for policing all [sports betting](https://wiki.tld-wars.space/index.php/Utilisateur:DeclanBoettcher) in the UK apart from spread wagering, which is the remit of the FSA.
+
"The frustrating bulk of [sports betting](https://maxmeet.ru/read-blog/72_for-sports-gambling-to-be-legalised) wagering occurring through UK operators is legal and fair," he states.
+
"But for some there is the temptation to ... corruptly interfere with the outcome of a sporting occasion.
+
"Such unfaithful has the potential to undermine the stability of a sport, and it likewise damages the commercial interests of [sports betting](https://sotawiki.net/sota/User:IlseMarble702) bodies and [sports betting](https://www.eruptz.com/read-blog/17418_for-sports-gambling-to-be-legalised.html)."
+
The commission has actually established an in-house [Sports Betting](https://younivix.com/read-blog/29941_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) Intelligence Unit to get and distribute details to sporting authorities, wagering companies and policing authorities.
+
"Since 2007 we have experienced a substantial insight into world of corrupt [sports betting](https://trackrecord.id/read-blog/1809_missouri-sports-betting-ballot-measure-approved-by-voters.html)," he states.
+
"We will signal [sports betting](https://nubiantalk.site/read-blog/12143_how-to-play-bet9ja-online.html) of our concerns, to assist avoid or cut [unlawful] activity"
+
In May 2010, the commission also introduced a confidential 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 male who was warned for unfaithful in relation to greyhound racing.
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG) +
However, Mr Tofiluk states there are still eight continuous investigations, and that much useful details has actually likewise been passed to [sports betting](https://sfqatest.sociofans.com/read-blog/704_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 cost effective, then the commission would think about terminating a criminal investigation "in favour of letting [sports betting](https://africasfaces.com/read-blog/5862_for-sports-gambling-to-be-legalised.html) governing bodies take the lead".
+
Meanwhile, he states a number of those seeking to cheat the [sports betting](https://systemcheck-wiki.de/index.php?title=Benutzer:EllisThrelkeld) market were educated about [sports betting](http://bedfordfalls.live/read-blog/117122_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) and sporting people, and about [sports betting](https://globalabout.com/read-blog/17008_score-big-wins-how-sports-betting-software-drives-growth-and-engagement.html) operations and the movement of money.
+
"They look for the vulnerabilities of these to help in their business."
+
Related internet links
+
World [sports betting](https://wow.t-mobility.co.il/read-blog/21_how-to-attract-users-to-my-fantasy-sports-platform.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
\ No newline at end of file