Illegal sports betting accountable for $140bn in money laundering

iGaming Business – A joint report by University Paris 1 Pantheon Sorbonne and the International Centre for Sports Security (ICSS) has revealed that illegal sports betting is responsible for laundering $140 billion (€102.4 billion) of money, accounting for 80% of all betting on sport. The report, entitled ‘Protecting the Integrity of Sports Competition – The Last Bet for Modern Sport’, presents the findings of a two-year research project. The study discovered all sports around the world are vulnerable to match-fixing, which is driven by illegal betting. Although football and cricket were highlighted as the most vulnerable sports, the report also…

Major match-fixing research to be presented this week

Play The Game – Since 2012, the International Centre for Sports Security (ICSS) and Panthéon-Sorbonne University in Paris have been working together on the research program “Ethics and Sport Security”. This week, the outcome will be presented in the shape of 700 pages which offers ‘the first-ever holistic report on Sport Integrity,” the invitation says. The forum takes place at the Sorbonne in Paris and will outline the key findings of the comprehensive research project. The cooperation between the ICSS and Panthéon-Sorbonne was initiated in 2012 with two main purposes 1) to identify and assess the efficiency of the available…