RATE Group | Cryptocurrency Boosts Illicit Gambling on Asian Soccer Leagues
79412
post-template-default,single,single-post,postid-79412,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Cryptocurrency Boosts Illicit Gambling on Asian Soccer Leagues

14 Feb Cryptocurrency Boosts Illicit Gambling on Asian Soccer Leagues

Posted at 10:32h in Cryptocurrency News by

[ad_1]

Cryptocurrencies are making gambling on the world’s most popular sport easier, sports authorities suggest.

Asian soccer has seen a sharp decline in match-fixing over the last six years, according to the Asian Football Confederation (AFC) in a Reuters article dated Feb. 14. However, the illegal gambling which has historically driven match-fixing in the region has grown, partly due to the rise of cryptocurrencies as a payment method.

Corruption and match-fixing down

The AFC and its integrity partner, Swiss-based Sportradar, have been working together to tackle corruption in Asian Soccer since 2013.

Prior to this, a handful of large global syndicates operated the illicit gambling and match-fixing racket, but thanks to the AFC’s clean up efforts, this has now become the domain of lone-wolves and local gangs. 

Oscar Brodkin, the director of intelligence and investigation services at Sportradar said, “With key figures being imprisoned or disrupted and very high-profile cases being…

[ad_2]

Source link

Tags:
, , , , , ,