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Sport Betting Industry Aims To Protect Itself
Sport sports betting market aims to secure itself
16 September 2010
By Bill Wilson
Business press reporter, BBC News
sports betting on sport is substantial business.
Sport England estimates the value 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 estimated ₤ 1bn bet on the World Cup alone in the UK this summer.
Meanwhile, German research firm Sport & Markt approximates the general global gaming market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and sports betting.
But when the integrity of events are struck the sports betting market suffers, and revenues are put under danger if clients can not bet with confidence.
And there can have been couple of higher-profile sport sports betting 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 significant market in world service, it is one that is now on the front pages of papers.”
Four Pakistan cricketers have been questioned by authorities over spot-fixing accusations associating with a test versus England at Lord’s last month.
Three of these players have actually stated they will also 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 allegations, but was prohibited last week for six months for stopping working to report the unlawful method to him to toss frames.
There are likewise 2 other continuing examinations – not associated to Mr Higgins – into snooker.
‘Honest’
David O’Reilly is legal counsel for Betfair, among the UK’s greatest online sporting exchanges.
“If the sport is viewed as truthful, straight and reasonable that benefits sports betting companies due to the fact that individuals will spend cash sports betting with self-confidence,” he states.
“If you take the Pakistan allegations, although unrelated to the UK controlled wagering market … it is not truly a positive story for sports betting in the UK.
“That is since the perception is that ‘cricket is now something we might have to take care 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 individuals who can fix 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 gamer organisations, such as the Professional Footballers’ Association.
He thinks that it is not adequate to simply have deterrents, sanctions and disciplinary procedures, however that the method to deal with prospective concerns around gamers is also through education.
Mr Taylor states guidelines need to be explained plainly to gamers with clear examples, and by individuals they appreciate.
“Through informing gamers about sports betting wagering you enhance stability and that is in everybody’s interest,” he includes.
“If gamers are more difficult to corrupt then sport will be harder to corrupt.”
‘Brand damage’
Matt Johnson, head of regulative legal suggestions at the Football Association, concurs.
“Prevention is much better than cure, and we likewise make a point of telling players ‘you are going to be caught’.”
“It is important that sport is directly, and is seen to be directly,” he includes.
“If it loses that then people do not want to bet, that is not in gambling companies’ interests, and it is not in our interests.”
He said that as soon as a good track record was lost, the damage to a sport was “enormous”.
FA rules mean players are not permitted to bank on a competitors in which they are involved.
Mr Johnson says gamers have to be seen not to be cashing in on any inside understanding, which he says might cause “brand damage” to football and its competitions.
So, even a 2nd Division gamer knocked out of the FA Cup in the fall can not bank on a Manchester United v Chelsea cup final the following spring.
“We need to overcome to players the reputational threat to the game,” he states. “Once self-confidence has been harmed it is hard to get it back – mud sticks.”
‘Overwhelmingly legal’
If this represents the “carrot” method, then perhaps Nick Tofiluk, director of at the Gambling Commission, represents the “stick”.
The Gambling Commission was established under the Gambling Act 2005 to manage commercial sports betting in Great Britain.
An ex-chief constable of West Midlands cops, Mr Tofiluk has duty for policing all wagering in the UK apart from spread sports betting, which is the remit of the FSA.
“The frustrating bulk of sports betting taking location through UK operators is legal and fair,” he states.
“But for some there is the temptation to … corruptly hinder the result of a sporting occasion.
“Such unfaithful has the prospective to undermine the integrity of a sport, and it likewise hurts the commercial interests of sports betting bodies and sports betting.”
The commission has established an internal Sports Betting Intelligence Unit to receive and disseminate details to sporting authorities, wagering firms and policing authorities.
“Since 2007 we have experienced a substantial insight into world of corrupt sports betting wagering,” he says.
“We will alert sports betting of our issues, to assist avoid or cut [unlawful] activity”
In May 2010, the commission likewise introduced a personal telephone hotline for those with information or suspicions.
‘Vulnerabilities’
But in a two-and-a-half year period there has been just one criminal prosecution, a 24-year-old man who was cautioned for cheating in relation to greyhound racing.
However, Mr Tofiluk states there are still eight continuous examinations, and that much helpful details has actually likewise been passed to sports betting authorities.
He said that where an examination by a sport governing body was quicker, and more cost efficient, then the commission would consider stopping a criminal examination “in favour of letting sports betting governing bodies take the lead”.
Meanwhile, he states a lot of those wanting to cheat the sports betting industry were knowledgeable about sports betting and sporting people, and about wagering operations and the movement of cash.
“They look for the vulnerabilities of these to help in their enterprises.”
Related internet links
World sports betting Law Report
ICC
Professional Players Federation
Professional Footballers’ Association
The FA
Betfair
Sport & Markt
BLP
Gambling Commission