Sports Betting 1 - Corruption 0Published November 25, 2009 by OCR Editor
These folks don't let the grass grow under their feet.
In light of the recent European football match-fixing allegations, the Union of European Football Associations (UEFA) has come out in strong defense of a zero-tolerance policy on all corruption in the sport.
News of a major gambling syndicate was nipped in the bud when 300 police officers descended upon 50 known operations in Germany and Switzerland. Allegations of match-fixing in matches throughout the EU included bets on three Champions League matches and 12 Europa League games.
With the 2010 World Cup scheduled to take place in South Africa in less than 200 days, all the relevant authorities are stepping up efforts to safeguard football from unsavory betting practices.
Advocacy groups in favour of regulating sports betting - such as Right2bet - have voiced their discontent on the corrupt practices, which they blame on the illicit betting industry. It is hoped that government-run bookies may be able to counter this alarming trend. However the effectiveness of regulation cannot be overemphasized. It is widely known that the bureaucracy of state-run enterprises cannot compete with the efficiency of private enterprise.
Large-scale operators like Betfair have their fingers on the pulse of online sports betting and they are in a far superior position to understand alarming irregularities in betting patterns. It is hoped that government will co-operate more with betting exchanges in order to root-out incidents of illegal betting practices currently being seen.