In response to the front page report in today’s Independent on the threats posed by sports betting Nic Coward, Chief Executive of the British Horseracing Authority, said:
“Sports betting is a serious issue for all sports, and all Governments.
“Other sports have sought our help in dealing with integrity challenges. British Horseracing has had to address the threat of corruption, and is seen by many as the leader in this area. The sport has invested in both infrastructure and modern processes, which have enabled us to lead the way in combating this attack. It comes at a considerable cost, which always has to be balanced against the return.
“The British Horseracing Authority has four key principles underpinning our integrity operations: clear rules and regulations for all participants, accompanied by robust disciplinary processes and penalties; a partnership approach with the Gambling Commission and betting organisations, including the sharing of information; a high level of intelligence and investigative capability; and vitally, education right across the sport.
“Technology has changed the face of the gambling market in this country and around the world over recent years, and is constantly evolving. New and different approaches are needed. Integrity is paramount within any sport, but sport cannot tackle the threat alone. Open markets, fixed-odds betting and exchanges and laying to lose present real challenges. Only yesterday the French Government announced new legislation, to protect and promote the integrity and financial health of not only Racing, but the interests of other sports as they modernise and open up the online market in a controlled way.”
6th March 2009