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Bookmakers Vigilant

Online casino sports book operators in the UK are speaking out in the debate this week about charging the operators a “betting fee” for the privilege of offering bets on the major sporting events. There is a growing concern in the UK lately that the increasing number of sponsorship deals between the sports books and the sporting teams has the potential to severely compromise the integrity of the games in the long run. The individual sporting teams are now closely linked with the online casinos and sports books that offer the deals. The Sports Minister for the UK feels like this trend needs to be addressed at the regulatory in the US to prevent betting companies from unfairly influencing the outcome of sporting matches.

The sports books and betting companies are not pleased with this new line of debate however because it would force the online bookmakers to pay a fee to offer all of the bets on teams that they are currently offering and profiting from. There is a bit of the “don’t mess with a good thing” mentality going on at the online casino and sportsbook level right now. The betting companies are very vigilant about monitoring the bets and watching out for any suspicious betting activity.

Sponsorships have been in place for some time already and there have yet to be any reports of the sponsorship deals compromising the integrity of the sporting teams or of the online casinos and sportsbooks. The system is working and the gambling companies have effective systems in place to prevent fraudulent activity and to catch anything suspicious that does arise. The companies are now entering the debate and asking that the government step back from attempts to further regulate and monitor this industry.