Articles About International Centre for Sports Security

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140 Billion Reasons Why Government Prohibition of Betting Doesn’t Work

140 Billion Reasons Why Government Prohibition of Betting Doesn’t Work

Tom S. May 16, 2014 14:38:09

The International Centre for Sports Security and Paris Sorbonne University have released figures that 80% of sports betting is through illegal channels, accounting for an incredible $140 Billion a year. That’s a huge amount of money, and with most of these illegal transactions almost untraceable, the problem is much larger than was previously thought. So […]

Criminal Groups Launder $140 billion through Sports Betting Activities

Criminal Groups Launder $140 billion through Sports Betting Activities

Toni May 15, 2014 16:07:02

Sports betting used for wrong purposes, as criminal organizations launder $140 billion annually through various gambling schemes. According to gambling news reports, unlawful gangs are laundering around $140 billion through illegal practices, using online gambling sites as means to do the job. Many believe that governments should be doing more to prevent such practices from […]