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Showing posts with label Europe. Show all posts
Showing posts with label Europe. Show all posts

Sunday, June 8, 2014

Anti-corruption group reveals figures it says shows Welsh Premier League games were fixed



Federbet calls odds fluctutations before games 'crazy', but Welsh football officials deny any wrongdoing




The international anti-corruption betting body that claimed two Welsh Premier League games were fixed has released the evidence behind its allegations.

Belgium-based Federbet stunned Welsh and English football last week by claiming a slew of matches were suspect.

The four Welsh clubs involved in the named games have all vehemently denied the allegations, which were made public in an event at the European Parliament.

Federbet secretary Francesco Baranca told Wales on Sunday his organisation based its allegations on significant last-minute swings in odds.

He said his staff had studied team news and all other available information to pinpoint matches where the odds swung dramatically with no obvious explanation

He said that the evidence does not prove skulduggery outright, but is strongly indicative of wrongdoing.
Mr Baranca said that the movement in odds before Bala’s home 7-0 triumph against Connah’s Quay on December 13 was “huge, huge, huge, huge”.

Mr Baranca revealed the odds on a Bala win opened at an average of 2.05 – equivalent to slightly better than 1/1 or evens – but closed at 1.35, which is a stingy 1/3.

In simple terms, a flutter on Bala to win when the betting opened would have returned more than twice the stake.

But by the time it closed it would have returned just over a third of the value of the bet, ie a £5 bet would have gone from delivering £10.25 to just £6.75.

Also, Mr Baranca said there was a dramatic movement in the odds on more than 3.25 goals scored in the game, with these dropping from 2.7 to 1.52 for the contest.

Mr Baranca said that there were normally only very slight changes in football odds in the absence of major team news. He said a normal movement in odds would be from around 1.8 to 1.83.

The official, who says one of the main goals of his group is to fight match-fixing, said: “For this match there was an absolutely incredible movement of the odds. It was a huge, huge, huge, huge movement.”

Mr Baranca, who on the Federbet website is described as a former head of legal for some of the biggest betting firms in Europe, called the movement on more than 3.25 goals “shocking”.

Italian Mr Baranca said: “This evening I was reading the report of the match and it was raining so much.

“So it’s not sense that the odds were going down because we know when the pitch is not in perfect condition, it’s harder to make goals than in normal conditions. In this case the numbers were crazy – really, absolutely crazy.”

Mr Baranca maintains he contacted the clubs by email detailing his concerns about the amount of money placed on the game’s outcome, but the clubs say they were taken by surprise by the allegations from Federbet.

The official says he looked for team news that might have detailed an injury to a key player that would have explained the shortening of the odds, but found nothing.

Football Association of Wales integrity manager Rob Dowling rejected Mr Baranca’s claim that the price movements show the games were fixed. He said they have not yet received a response from Federbet after contacting them by email to ask for further information about the match-fixing claims.

Mr Dowling said: “We have every single match at Welsh Premier League level monitored by ours and UEFA’s integrity partners, who are the world leaders offering similar services to Federbet, but have been around for much longer and are a lot more established.

“We do spot-checks and have done spot checks throughout the 2013/14 season. The two games Federbet have published as being manipulated or fixed were two games which fell under our spot-check.

“In terms of the odds movements nothing looked out of the ordinary. There can always be irregular betting patterns prior to a match depending on what the local news is or someone may have information where they think one of the team’s star players is going to be out injured.”

Mr Baranca believes it’s significant that the other match they have under suspicion between Port Talbot and Carmarthen was the next day.

“The fixers never work alone,” he said.

In a further fluctuation he called “shocking” the odds on a home win for Port Talbot Town’s 1-1 draw with Carmarthen Town opened at 2.95 and closed at 1.75.

Mr Baranca maintains the fact that the game ended in a draw does not mean there was no skulduggery.
He said: “It’s not every time they try to fix the match they are able to have the result they want. It happens that not all the players are in the agreement or because they are not able to score or concede.”

All four teams have issued separate statements rejecting Federbet’s claims.

Port Talbot chief executive Andrew Edwards said: “Any suggestion of match-fixing is extremely serious and potentially very damaging, and as a football club we treat it with the utmost severity.

“We have absolutely nothing to hide and welcome any investigation, which the club would fully assist.”

In a statement, Carmarthen Town said: “We as a club have a zero-tolerance policy with regard to any form of betting by players or officials.”

Gap Connah’s Quay said: “We read with absolute amazement the claims that a match involving gap Connah’s Quay Nomads and Bala Town was subject to a match-fixing investigation.

“We deny all knowledge of any allegations and welcome any further information that justifies such a claim.”

Bala Town said: “We as a club have a zero-tolerance policy with regard to any form of betting by players or officials.”

Federbet, which is based in Brussels, believes that match-fixing in football is far more prevalent than is widely suspected.

The organisation said said there were 110 matches they believed to be fixed in 2013-2014 in Europe, while there were suspicions about a further 350.

The total of 460 possibly fixed matches was up 20% from the previous year, the organisation said.

They included matches in Britain, Italy, France and Greece, as well as many eastern European countries.

Football bodies across Europe have rejected the claims

French regulator ARJEL issued a joint statement with the French Football League (LFP) decrying the claims.

And The UK’s Football Conference insisted it had a robust monitoring system conducted in conjunction with the Gambling Commission, leading betting companies and other agencies appointed by the Football Association.


http://www.walesonline.co.uk/news/wales-news/anti-corruption-group-reveals-figures-says-7232368



Friday, December 13, 2013

Spain refuses to genuflect to Sheldon Adelson


Spain's EuroVegas plan: US casino operator pulls plug

Proposed $30bn mega-resort outside Madrid abandoned after Spanish government rejects some of Las Vegas Sands demands

Sands pulls plug on Spain



Eurovegas is off
  • Las Vegas Sands (LVS) decides to pull the plug on its $30B casino project planned for outside of Madrid.
  • The company has continually clashed with local and national politicians over the plans for the 6 casinos and 12 hotels which were to be part of Eurovegas.
  • Execs say new opportunities in Asia will be explored instead of investing in the massive casino complex in Spain.

http://seekingalpha.com/currents/post/1463351?source=email_rt_mc_readmore


Investors likely to applaud Las Vegas Sands' white flag in Spain
  • Shares of Las Vegas Sands (LVS) are on watch after Sheldon Adelson gives up on his vision of a $30B casino complex in Spain.
  • Plenty of investors have been clamoring for Las Vegas Sands to stick to its strength of producing impressive returns in Asia and avoid the land of +25% unemployment.
  • LVS +1.0% premarket.

Wednesday, June 15, 2011

European State Lotteries Vow to Fight Sports Betting Crimes

European State Lotteries Vow to Fight Sports Betting Crimes
Submitted by Andy Belton
Illegal sportsbetting crimes like match fixing have become a very prevalent problem in Europe’s sporting industries. In recent years, there has been a vast increase in the rate of this type of crime. Associations like FIFA and the International Olympic Committee have taken steps towards fighting the problem; and now, European lotteries are getting involved in the cause.

European Lotteries (EL) gathered at the General Assembly meeting on June 8th to discuss the issue. The EL represents gaming operators from more than 40 different countries across Europe. Of the 27 European Union member states, members of the EL provide sports betting for 23 of them. Because they work closely with sporting markets, they feel it is their responsibility to help maintain the integrity of sports.

In order to do so, they outlined several actions that they will take in order to fight illegal sports betting. In particular, the EL hopes to expand monitoring systems for bets made on sports, in addition to establishing a sports integrity agency with international reach. The EL will also provide financial support of the measures required in order to take these steps.

The EL also believes that a number of legal measures need to be taken in order to fight match fixing. For example, the group will promote legislations that strictly punished sports fraud and money laundering, as well as restrictions on certain types of bets.