Add Sport Betting Industry Seeks To Protect Itself
commit
b6d6b5f3e6
|
@ -0,0 +1,68 @@
|
|||
<br>Sport wagering market seeks to safeguard itself<br>
|
||||
<br>16 September 2010<br>
|
||||
<br>By Bill Wilson<br>
|
||||
<br>Business press reporter, BBC News<br>
|
||||
<br>[sports betting](https://skylockr.app/read-blog/225_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) on sport is huge organization.<br>
|
||||
<br>Sport England approximates the worth of spending on sport-related gambling in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.<br>
|
||||
<br>And that figure is most likely to have actually grown even more, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summer season.<br>
|
||||
<br>Meanwhile, German research firm Sport & Markt approximates the overall international gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and [sports betting](https://wiki.tld-wars.space/index.php/Utilisateur:TaneshaSchippers) gaming.<br>
|
||||
<br>But when the stability of events are struck the gaming market suffers, and profits are put under danger if customers can not wager with confidence.<br>
|
||||
<br>And there can have been couple of higher-profile sport [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:NoeC88089893) stories than those affecting cricket and snooker this year.<br>
|
||||
<br>High-profile<br>
|
||||
<br>As Sport & Markt's Gareth Moore observes: "Everyone discuss the [sports betting](https://socialsmerch.com/read-blog/10534_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) gambling market now.<br>
|
||||
<br>"Not just is it a substantial market in world organization, it is one that is now on the front pages of papers."<br>
|
||||
<br>Four Pakistan cricketers have actually been questioned by authorities over spot-fixing accusations connecting to a test against England at Lord's last month.<br>
|
||||
<br>Three of these gamers have stated they will also challenge the corruption charges mounted versus the trio by the sport governing body the International Cricket Council.<br>
|
||||
<br>Meanwhile, three-times snooker world champ John Higgins was cleared of match-fixing allegations, but was banned recently for 6 months for failing to report the unlawful technique to him to throw frames.<br>
|
||||
<br>There are likewise 2 other continuing examinations - not associated to Mr Higgins - into snooker.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
|
||||
<br>'Honest'<br>
|
||||
<br>David O'Reilly is legal counsel for Betfair, among the UK's greatest online sporting exchanges.<br>
|
||||
<br>"If the sport is perceived as sincere, straight and reasonable that is excellent for [sports betting](http://famedoot.in/read-blog/81_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) companies since people will spend money [sports betting](https://coptr.digipres.org/index.php/User:TreyMcQuade53) with self-confidence," he says.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
|
||||
<br>"If you take the Pakistan accusations, although unassociated to the UK regulated [sports betting](http://classicalmusicmp3freedownload.com/ja/index.php?title=%E5%88%A9%E7%94%A8%E8%80%85:ArletteNull30) market ... it is not actually a favorable story for [sports betting](https://reckoningz.com/uk-betting-firms-gamble-on-us-after-sports-wager-ruling/) in the UK.<br>
|
||||
<br>"That is because the understanding is that 'cricket is now something we may need to take care about'."<br>
|
||||
<br>'Education'<br>
|
||||
<br>So what can be done to prevent future scandals?<br>
|
||||
<br>According to experts at a World [sports betting](https://sensualmarketplace.com/read-blog/6553_things-you-need-to-learn-about-rafting-adventures.html) Law Report conference into [sports betting](https://wiki.monnaie-libre.fr/wiki/Utilisateur:TerriHemming94), the focus needs to be on sportsmen and sportswomen.<br>
|
||||
<br>As Simon Taylor of the Professional Players' Federation mentions: "The only individuals who can repair a match are the competitors or the referee."<br>
|
||||
<br>His organisation represents men and ladies in 15 [sports betting](https://whoosmind.com/read-blog/33260_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.<br>
|
||||
<br>He believes that it is not adequate to merely have deterrents, sanctions and [disciplinary](https://cozwo.com/read-blog/8465_just-how-much-are-americans-investing-in-sports-betting.html) treatments, but that the way to deal with potential concerns around players is also through education.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||
<br>Mr Taylor says rules require to be explained clearly to players with clear examples, and by people they respect.<br>
|
||||
<br>"Through educating players about [sports betting](https://chat.app8station.com/read-blog/3226_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) you strengthen integrity and that is in everyone's interest," he adds.<br>
|
||||
<br>"If players are more difficult to corrupt then sport will be harder to corrupt."<br>[bet9ja.com](https://landing.bet9ja.com/aviator-bet9ja?btag=yohaig&promocode=yohaig)
|
||||
<br>'Brand damage'<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||
<br>Matt Johnson, head of advice at the Football Association, agrees.<br>
|
||||
<br>"Prevention is much better than treatment, and we also make a point of informing gamers 'you are going to be caught'."<br>
|
||||
<br>"It is vital that sport is directly, and is seen to be directly," he includes.<br>
|
||||
<br>"If it loses that then individuals do not wish to wager, that is not in [sports betting](https://bdstarter.com/how-are-betting-odds-calculated/) firms' interests, and it is not in our interests."<br>
|
||||
<br>He said that once a great reputation was lost, the damage to a sport was "enormous".<br>
|
||||
<br>FA rules indicate gamers are not allowed to bet on a competitors in which they are involved.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||
<br>Mr Johnson says players have to be seen not to be cashing in on any inside understanding, which he says could trigger "brand name damage" to football and its competitions.<br>
|
||||
<br>So, even a Second Division player knocked out of the FA Cup in the fall can not bet on a Manchester United v Chelsea cup last the following spring.<br>
|
||||
<br>"We need to overcome to gamers the reputational threat to the video game," he says. "Once self-confidence has been damaged it is hard to get it back - mud sticks."<br>
|
||||
<br>'Overwhelmingly legal'<br>
|
||||
<br>If this represents the "carrot" method, then possibly Nick Tofiluk, director of policy at the Gambling Commission, represents the "stick".<br>
|
||||
<br>The Gambling Commission was established under the Gambling Act 2005 to [manage business](https://social.mirrororg.com/read-blog/7698_how-fantasy-betting-app-development-companies-and-sports-developers.html) gambling in Great Britain.<br>
|
||||
<br>An ex-chief constable of West Midlands cops, Mr Tofiluk has obligation for policing all wagering in the UK apart from spread wagering, which is the remit of the FSA.<br>
|
||||
<br>"The frustrating majority of [sports betting](https://sundaycareers.com/read-blog/2640_why-every-cricket-fan-should-try-the-all-cricket-id-gaming-platform.html) wagering occurring through UK operators is legal and fair," he says.<br>
|
||||
<br>"But for some there is the temptation to ... corruptly hinder the outcome of a sporting occasion.<br>
|
||||
<br>"Such cheating has the prospective to undermine the stability of a sport, and it likewise damages the commercial interests of [sports betting](https://sabiile.com/read-blog/2106_how-are-betting-odds-calculated.html) bodies and [sports betting](https://accc.rcec.sinica.edu.tw/mediawiki/index.php?title=User:AguedaNeubauer)."<br>
|
||||
<br>The commission has developed an internal [Sports Betting](https://realhindu.in/read-blog/21356_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) Intelligence Unit to receive and distribute info to sporting authorities, [sports betting](https://demo.wowonderstudio.com/read-blog/2616_the-ins-and-outs-of-betting-on-the-nfl-draft.html) companies and policing authorities.<br>
|
||||
<br>"Since 2007 we have actually experienced a significant insight into world of corrupt [sports betting](https://ask.onekeeitsolutions.com/index.php?qa=86524&qa_1=begin-winning-with-pcg-college-football-picks)," he says.<br>
|
||||
<br>"We will notify [sports betting](http://archmageriseswiki.com/index.php/User:ElbertBobadilla) of our issues, to help prevent or cut [illegal] activity"<br>
|
||||
<br>In May 2010, the commission also introduced a personal telephone hotline for those with info or suspicions.<br>
|
||||
<br>'Vulnerabilities'<br>
|
||||
<br>But in a two-and-a-half year duration there has been simply one prosecution, a 24-year-old male who was warned for unfaithful in relation to greyhound racing.<br>
|
||||
<br>However, Mr Tofiluk states there are still eight continuous investigations, and that much beneficial information has actually likewise been passed to [sports betting](http://video.firstkick.live/read-blog/4663_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) authorities.<br>
|
||||
<br>He stated that where an examination by a sport governing body was quicker, and more cost reliable, then the commission would consider ceasing a criminal investigation "in favour of letting [sports betting](https://qanda.yokepost.com/index.php?qa=164055&qa_1=just-how-much-are-americans-investing-in-sports-betting) governing bodies take the lead".<br>
|
||||
<br>Meanwhile, he states a lot of those looking to cheat the [sports betting](https://namesdev.com/read-blog/15191_for-sports-gambling-to-be-legalised.html) wagering market were knowledgeable about [sports betting](https://www.sportpassionhub.com/read-blog/1442_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) and sporting individuals, and about wagering operations and the movement of cash.<br>
|
||||
<br>"They look for the vulnerabilities of these to help in their enterprises."<br>
|
||||
<br>Related web links<br>
|
||||
<br>World [sports betting](https://marketchat.in/read-blog/2596_online-betting-firms-gamble-on-soccer-mad-nigeria.html) Law Report<br>
|
||||
<br>ICC<br>
|
||||
<br>Professional Players Federation<br>
|
||||
<br>Professional Footballers' Association<br>
|
||||
<br>The FA<br>
|
||||
<br>Betfair<br>
|
||||
<br>Sport & Markt<br>
|
||||
<br>BLP<br>
|
||||
<br>Gambling Commission<br>
|
Loading…
Reference in New Issue