ICSS-La Sorbonne: Sport betting allows organised crime to launder €102bn per year

Sport betting allows organised crime to launder $140bn (€102bn) annually, and 80% of bets are taken through illegal outlets and websites, according to the 2012-2014 study from the Research Programme on Ethics and Sport Security of the University of Paris 1 - Panthéon-Sorbonne (France), in partnership with the ICSS (International Centre for Sport Security), released on 15/05/2014.

The document, entitled "Protecting the Integrity of Sport Competition: The Last Bet for Modern Sport" was presented as part of the Sport Integrity Forum organised by La Sorbonne and ICSS in Paris (France) on 15/05/2014, in collaboration with UNESCO (United Nations Educational, Scientific and Cultural Organisation) and the Council of Europe.

The 700-page report analyses in depth the extent and range of sport fraud today and the markets for sport betting and illegal betting. It also suggests a series of measures for prevention and to fight more effectively against sport fraud, directed at athletes and referees, at judicial and sport bodies, and at sport betting operators.

The study suggests the creation of…