uring the seminar, the betting industry agreed to a Statement of Intent to which it will subscribe during the London 2012 Olympic Games. Betting operators licensed in Great Britain are already required to report suspicious betting patterns to the Gambling Commission, and under these principles signatories located in other jurisdictions will also report information to the Joint Assessment Unit. Operators have also agreed not to knowingly take bets from IOC accredited individuals and to ensure that monitoring systems are manned 24/7 during the Games.
Mike O’Kane, Ladbrokes Business Director and Head Bookmaker at the European Sports Security Association, chaired the meeting. Commenting on the afternoon’s discussions, he said: “The afternoon was very constructive with all involved getting to grips with how we can work together to limit any threat of betting-related corruption during London 2012. From the betting industry’s point of view, we explained how we will, as is often typical, go above and beyond our statutory duties. By remaining vigilant and having expert monitoring systems and robust reporting processes, the regulated betting industry is confident there is little risk of betting corruption posed on our legal licensed markets.
“While it is true that the industry has seen no instances of betting-related integrity breaches in past Olympics, working collaboratively with the Joint Assessment Unit gives us the best chance of ensuring the integrity of the London 2012 Games is not threatened by betting. In this regard, the seminar proved invaluable,” he added.
Nick Tofiluk, Head of Regulation at the Gambling Commission, said: “The Gambling Commission’s Sports Betting Intelligence Unit (SBIU), the IOC and the Metropolitan Police will be operating a Joint Assessment Unit during the period of the games to assess and investigate any allegations or suspicions of wrongdoing in regard to sports betting integrity.
“This was a very constructive event and we welcome the support of The European Sports Security Association (ESSA) to our Games times planning on sports betting integrity - sports authorities, law enforcement agencies and the legal betting industry here and abroad are working together to counter the threat,” he concluded.