19 May 2014
The scale of betting fraud and sport corruption worldwide has been found to be in the billions of dollars annually.
A report released by the University of Paris 1 Pantheon-Sorbonne and the International Centre for Sport Security (ICSS) finds that organised crime is estimated to launder over US$140 billion annually, through sport betting, which it states is the primary purpose for match fixing.
With over 80% of all global sport betting occurring illegally, which is therefore invisible to regulators and investigators, the responsibility lies with countries and governments to disrupt and correct the vulnerability of sport betting to transnational organised crime.
Of all sports, the report found that football and cricket are the most heavily targeted by criminals. Other affected sports include tennis, basketball, badminton and motor racing.
According to the report, the most manipulated competitions are at national level, but that the fixing of competition and betting is instigated at transnational level.
The sports industry accounts for