global sports betting industry regulations

Humaid Al Ameemi, Coordinator of the Anti-Corruption Unit of INTERPOL (the International Criminal Police Organization, an intergovernmental body), explained that manipulation of sporting competitions, colloquially known as match fixing, is a highly organized crime involving money laundering and other illegal activities, and called for improved data sharing.

Representatives of crime fighting organizations present at the event underscored the scale of the corruption problem. Speaking at a session on sport and corruption at the conference, James Porteous, Research Head of the Asian Racing Federation Council on Anti-Illegal Betting and Related Financial Crime, said that illegal betting is now the “number one factor fuelling corruption in sports,” and pointed out that many of the regulations were drafted in the 19th century and are not fit for the internet world. UNODC, which is at the forefront of international efforts to support governments and sports organizations in preventing and punishing offences in sport through its Programme to Protect Sport from Corruption and Economic Crime, estimates that up to $1.7 trillion is wagered on illicit betting markets controlled by organized crime. The discussions at the international anti-corruption conference, convened in Atlanta by the UN Office on Drugs and Crime (UNODC), held between 11 and 15 December, built on the ground-breaking Global Report on Corruption in Sport, produced by the UNODC in 2021, which pointed to a dramatic increase in illegal betting, fuelled by the billions of dollars flowing through professional sports, as well as globalization, and technological advances.

The global problem of illegal sports betting, the fraudulent manipulation of competitions, and the involvement of organized crime in the sporting world has been tackled at a UN conference in Atlanta, United States.

Global sports betting industry regulations