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Sport sports betting market looks to secure itself
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16 September 2010
By Bill Wilson
Business press reporter, BBC News
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sports betting on sport is substantial organization.
Sport England approximates the value of spending on sport-related gambling in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.
And that figure is most likely to have actually grown even more, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summertime.
Meanwhile, German research company Sport & Markt approximates the overall international sports betting market will be worth 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and sports betting.
But when the integrity of occasions are struck the gaming market suffers, and revenues 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 impacting cricket and snooker this year.
High-profile
As Sport & Markt's Gareth Moore observes: "Everyone discuss the sports betting gambling market now.
"Not only is it a substantial market in world business, it is one that is now on the front pages of ."
Four Pakistan cricketers have been questioned by police over spot-fixing allegations associating with a test versus England at Lord's last month.
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.
Meanwhile, three-times snooker world champ John Higgins was cleared of match-fixing allegations, but was banned last week for 6 months for failing to report the unlawful method to him to toss frames.
There are also 2 other continuing investigations - unrelated 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 honest, straight and reasonable that is good for wagering firms since individuals will invest money wagering with self-confidence," he says.
"If you take the Pakistan allegations, although unrelated to the UK controlled wagering market ... it is not really a favorable story for wagering in the UK.
"That is because the perception is that 'cricket is now something we might have to take care about'."
'Education'
So what can be done to avoid future scandals?
According to professionals at a World sports betting Law Report conference into sports betting, 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 males and females in 15 sports betting in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.
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He thinks that it is not sufficient to simply have deterrents, sanctions and disciplinary treatments, but that the method to take on potential issues around players is likewise through education.
Mr Taylor states rules need to be described plainly to players with clear examples, and by individuals they respect.
"Through educating gamers about sports betting wagering you strengthen integrity which remains 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 regulative legal advice at the Football Association, agrees.
"Prevention is much better than cure, and we likewise make a point of telling players 'you are going to be caught'."
"It is crucial that sport is straight, and is seen to be directly," he adds.
"If it loses that then individuals don't wish to wager, that is not in gaming 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 rules indicate players are not enabled to bank on a competitors in which they are involved.
Mr Johnson says players have to be seen not to be capitalizing any inside understanding, which he states could trigger "brand name damage" to football and its competitions.
So, even a Second 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 get over to players the reputational risk to the video game," he states. "Once self-confidence has been harmed it is tough to get it back - mud sticks."
'Overwhelmingly legal'
If this represents the "carrot" method, 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 control industrial sports betting in Great Britain.
An ex-chief constable of West Midlands police, Mr Tofiluk has responsibility for policing all wagering in the UK apart from spread sports betting, which is the remit of the FSA.
"The frustrating majority of sports betting taking place through UK operators is legal and reasonable," he states.
"But for some there is the temptation to ... corruptly disrupt the result of a sporting event.
"Such unfaithful has the possible to undermine the integrity of a sport, and it likewise harms the business interests of sports betting bodies and sports betting."
The commission has actually established an in-house Sports Betting Intelligence Unit to receive and disseminate information to sporting authorities, wagering companies and policing authorities.
"Since 2007 we have actually experienced a substantial insight into world of corrupt sports betting," he says.
"We will signal sports betting of our issues, to help avoid or curtail [prohibited] activity"
In May 2010, the commission also introduced a private telephone hotline for those with details or suspicions.
'Vulnerabilities'
But in a two-and-a-half year duration there has actually been just one prosecution, a 24-year-old man who was warned for cheating in relation to greyhound racing.
However, Mr Tofiluk states there are still 8 ongoing examinations, which much helpful info has likewise been passed to sports betting authorities.
He stated that where an examination by a sport governing body was quicker, and more cost effective, then the commission would consider terminating a criminal investigation "in favour of letting sports betting governing bodies take the lead".
Meanwhile, he states a lot of those looking to cheat the sports betting market were educated about sports betting and sporting individuals, and about sports betting operations and the motion of cash.
"They look for out the vulnerabilities of these to assist in their enterprises."
Related internet links
World sports betting Law Report
ICC
Professional Players Federation
Professional Footballers' Association
The FA
Betfair
Sport & Markt
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BLP
Gambling Commission
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This will delete the page "Sport Betting Industry Looks To Protect Itself"
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