Sportsbet Not Surprised About Tennis Match Fixing
Sportsbet.com.au CEO Cormac Barry today described recent allegations of match fixing in world tennis as troubling, but not surprising.
He urged Australian policy makers to remove the incentive for Australian punters to bet with offshore wagering operators as a key first step in tackling the problem.
“Australian licensed bookmakers are the gate-keepers for integrity in Australian sport,” Barry said.
“Sportsbet works hand in hand with Australian sporting bodies and law enforcement agencies to protect the integrity of sport and mitigate the risk of gambling related corruption.
“Sportsbet uses a myriad of tools to monitor wagering activity and any suspicious betting behaviour is immediately reported to the relevant sporting body or law enforcement agencies.
“However, Australians are forecast to bet $2.3 billion a year by 2020 with overseas wagering operators who do not share suspicious betting activity.
“This failure to share suspicious betting activity is providing significant opportunities for corrupt behaviour to flourish.”
Barry said providing a level playing field for Australian licensed bookmakers to compete would reduce the temptation for Australian punters to bet with the offshore wagering operators.
“We need to be able to offer a similar suite of products – such as in-play betting – to ensure Australians who choose to bet do so in a safe and regulated environment,” Barry said.
“Any commentary that Australian licensed bookmakers offering in-play betting will have negative impact on sports integrity is simply wrong. In fact, it will enhance it as it will be conducted in a regulated environment where sports integrity is paramount.
“It is critically important we get this right because fraudulent betting undermines public confidence in the integrity of sport, sporting events and the markets offered by betting agencies such as Sportsbet.”