Betting fraud targets secretly apprehended
The war against betting fraud is being stepped up as the World Athletics Championships in Qatar have been riddled with scandals. Apart from the sporting accomplishments of the athletes, most of the headlines have been negative. The attendance of spectators in the desert state is practically nonexistent. Additionally, many athletes are suspected of doping. The CEO of the Athletics Integrity Unit (AIU), David Howman, provided a comprehensive interview on these issues and also touched upon betting fraud in international sports. The AIU is a part of the International Association of Athletics Federations (IAAF) and is responsible for doping controls and punishments.
Horse betting as a washroom for organized crime
David Howman's primary focus remains on doping, but he is increasingly interested in betting. He has unearthed definite evidence that organized crime uses sports betting to launder money.
A report by the Asian Racing Federation sheds light on systematic manipulation and money laundering activities. The focus is on North Korea. The country hires hundreds of professional hackers who are involved in betting. The aim is to introduce the weak North Korean currency into circulation to recover hard dollars. Losing bets are easily accepted.
Betting manipulations already in the progeny
According to Howman, the landscape of betting manipulation has shifted somewhat. It is difficult to affect the outcomes of "big games". The situation is different at youth and amateur stages. The players and officials are more susceptible to these offers.
Countless online bookmakers extend their offerings to U16 competitions. It is these games that the betting cartels are targeting. Large profits can be reaped with small-scale manipulations. According to David Howman, cricket, soccer, and basketball are particularly at risk.
Secret services provide the first positive indications
It is due to the New Zealand sports official that WADA has entered into cooperation with Interpol. Similar partnerships are set to be expanded in the future. The FBI has achieved some victories in the fight against betting fraud and other sporting manipulation. For instance, they've conducted raids at the FIFA Hotel.
Bookmakers in Europe are hardly affected by betting fraud. The stringent licensing regulations within the European Union make it challenging for organized crime to use betting providers. However, it's evident that the fraud behind every wager placed isn't always evident. The structure of the clans conceals the process as much as possible. The matches are manipulated from Asia through middlemen. If there is a successful outcome, additional frontmen are employed in different countries to place the specified sports bets. If the total stakes, spread across various bookmakers, remain within reasonable limits, it becomes exceedingly difficult to identify betting fraud in practice.
David Howman - a revered expert
David Howman is a seasoned expert on the subject. The New Zealand lawyer has been immersed in the global sports realm at the highest level for years. He headed the World Anti-Doping Agency (WADA) for 13 years until 2016, pivoting to the Athletics Integrity Unit. Howman also serves on the Ethics Committees of the World Tennis and Squash Federations and the Anti-Corruption Unit of the Cricket World Federation. He's a professor of Leadership and Management in Sports at Auckland University of Technology.
Mark you, no signs of betting fraud emerged during the World Athletics Championships in Qatar. Athletics isn't the sport of choice for professional sports betting cartels. Furthermore, not all bookmakers include athletics in their roster, and b) betting limits in the discipline are usually quite low.
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Source: www.onlinecasinosdeutschland.com
