INTERPOL Concerned with Illegal Betting Practices

Olympic chief Jacques Rogge has urged governments around the world to clamp down on illegal betting practices, warning that the credibility of spectator sports is at stake.

The International Olympic Committee will be hosting a meeting on Tuesday at their headquarters in Lausanne dealing with these issues. Rogge will be joined by sports federations, along with INTERPOL’s chiefs as well as ministers from Australia, Britain, China, France.

Rogge’s initiative comes days after the World Anti-Doping Agency called for the establishment of a global “sports integrity body” to centralize and strengthen anti-corruption efforts.

Sports including football and cricket have been rocked by ongoing criminal investigations into alleged manipulation of matches for betting coups.

Rogge is calling for a system where betting operators have to be licensed by the government, in an effort to help monitor irregular betting patterns and also the financial flows.

INTERPOL, along with many others attending the meeting, will have the opportunity to discuss current issues regarding illegal betting, options for legitimizing the system, and developing cooperation efforts between countries.

The IOC introduced irregular betting early warning systems during the Beijing 2008 and Vancouver 2010 Olympics and neither Games showed anything suspicious.

Douglas McNabb and other members of the firm practice and write extensively on matters involving Federal Criminal Defense, INTERPOL Litigation, International Extradition and OFAC SDN Litigation.

The author of this blog is Douglas McNabb. Please feel free to contact him directly at mcnabb@mcnabbassociates.com or at one of the offices listed above.

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