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Sport Betting Industry Aims To Protect Itself

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작성자 Mellissa Burles…
댓글 0건 조회 1회 작성일 24-12-19 01:41

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Sport sports betting industry seeks to protect itself

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16 September 2010

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By Bill Wilson


Business press reporter, BBC News


sports betting on sport is huge organization.


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 most likely to have grown even more, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer season.


Meanwhile, German research firm Sport & Markt approximates the general international sports betting market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by web and sports betting gaming.


But when the stability of events are struck the sports betting industry suffers, and earnings are put under risk if consumers can not wager with confidence.


And there can have been couple of 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 market now.


"Not just is it a substantial 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 accusations associating with a test versus England at Lord's last month.


Three of these gamers have said 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 claims, but was banned recently for 6 months for failing to report the prohibited approach to him to toss frames.


There are likewise 2 other continuing examinations - not related to Mr Higgins - into snooker.

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'Honest'

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David O'Reilly is legal counsel for Betfair, one of the UK's greatest online sporting exchanges.


"If the sport is viewed as truthful, straight and fair that benefits sports betting companies because people will invest money wagering with self-confidence," he says.


"If you take the Pakistan accusations, although unassociated to the UK controlled sports betting market ... it is not really a positive story for wagering in the UK.


"That is since the perception is that 'cricket is now something we may need to beware about'."


'Education'


So what can be done to prevent future scandals?


According to experts at a World sports betting Law Report conference into sports betting 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 guys and females in 15 sports betting in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.


He believes that it is inadequate to merely have deterrents, sanctions and disciplinary treatments, but that the method to deal with potential problems around gamers is likewise through education.


Mr Taylor says guidelines need to be explained clearly to gamers with clear examples, and by individuals they respect.


"Through informing gamers about sports betting you enhance stability and that is in everyone's interest," he includes.


"If players are more difficult to corrupt then sport will be harder to corrupt."


'Brand damage'


Matt Johnson, head of regulatory legal suggestions at the Football Association, concurs.


"Prevention is much better than remedy, and we also make a point of informing gamers 'you are going to be captured'."


"It is crucial that sport is directly, and is seen to be straight," he includes.


"If it loses that then individuals don't want to bet, that is not in gambling companies' interests, and it is not in our interests."


He said that as soon as an excellent credibility was lost, the damage to a sport was "incalculable".


FA rules imply players are not enabled to bank on a competitors in which they are involved.


Mr Johnson states players have actually to be seen not to be cashing in on any inside understanding, which he states might trigger "brand damage" to football and its competitions.


So, even a Second Division gamer knocked out of the FA Cup in the autumn can not bet on a Manchester United v Chelsea cup final the following spring.


"We have to overcome to players the reputational danger to the video game," he states. "Once confidence has been harmed it is difficult to get it back - mud sticks."


'Overwhelmingly legal'

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If this 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 manage business sports betting in Great Britain.


An ex-chief constable of West Midlands police, Mr Tofiluk has obligation for policing all sports betting in the UK apart from spread wagering, which is the remit of the FSA.


"The frustrating majority of sports betting occurring through UK operators is legal and fair," he says.


"But for some there is the temptation to ... corruptly interfere with the result of a sporting occasion.


"Such cheating has the prospective to undermine the integrity of a sport, and it also harms the industrial interests of sports betting bodies and sports betting."


The commission has established an in-house Sports Betting Intelligence Unit to receive and disseminate details to sporting authorities, sports betting firms and policing authorities.


"Since 2007 we have actually experienced a substantial insight into world of corrupt sports betting," he states.


"We will signal sports betting of our issues, to help avoid or cut [unlawful] activity"


In May 2010, the commission likewise presented 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 guy who was cautioned for unfaithful in relation to greyhound racing.


However, Mr Tofiluk says there are still eight continuous examinations, and that much beneficial information has actually also been passed to sports betting authorities.


He stated that where an investigation by a sport governing body was quicker, and more expense efficient, then the commission would think about stopping a criminal investigation "in favour of letting sports betting governing bodies take the lead".


Meanwhile, he states much of those aiming to cheat the sports betting wagering industry were knowledgeable about sports betting and sporting people, and about wagering operations and the motion of cash.


"They look for the vulnerabilities of these to assist in their business."


Related internet links


World sports betting Law Report


ICC


Professional Players Federation


Professional Footballers' Association


The FA


Betfair


Sport & Markt


BLP


Gambling Commission


The BBC is not accountable for the content of external sites.

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