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Betting industry leader calls for sport world anti-corruption agency

8 April 2008

by Michael Herborn

Mark Davies, managing director of global betting giant Betfair, has called for a world anti-corruption agency for sport. He envisions that the anti-corruption agency would operate along the same lines as the World Anti-Doping Agency (WADA), perhaps encompassing the role as both global watchdog for financial as well as pharmaceutical corruption of sport. “There isn&#8217-t a body that sits at the top of sport that&#8217-s something we&#8217-d love to see, a world integrity agency that encompasses both drugs and betting and any other form of corruption,” Davies told New Zealand newspaper the Sunday Star Times at the Leaders in Sport conference in Auckland on 4 April 2008. “For me it should be the same body. If a sportsman is trying to corrupt by enhancing his performance by drugs or trying to corrupt by minimising his performance and make money off the back of it, I don&#8217-t see a distinction.” [&#8230-]

Previous blog posts by Chris F. Masse:

• 50% of our prediction market luminaries have a MacBook.
• STRAIGHT FROM OUR TRUISM DEPARTMENT: Money buys happiness.
• Ron Paul (R) and Barney Frank (D) ally together to attack “the practical hurdles of the federal law, known as the Unlawful Internet Gambling Enforcement Act, rather than its legitimacy”.
• Clicking on the “SPHERE: RELATED CONTENT” button, at the bottom of each Midas Oracle post, will bring you a list of external webspots.
• FRIGHTENING: Jed Christiansen’s prediction market blog was briefly overtaken by web spammers, who inserted invisible links to their commercial sites so as to game the Google PageRank system.
• InTrade ditch market-leader Bloomberg for low-cost, second-tier data provider eSignal.
• Drawing a parallel between our reluctance to seek advice and the experts’ reluctance to take the market-generated probabilistic predictions in an un-discriminating, un-critical fashion