The range of betting nowadays is very wide and possible in almost any sport and competition. Betting involves a large amount of money and therefore attracts manipulation of sports competitions and other forms of crime, such as money laundering. Gaming companies cooperate extensively at the international level to detect and combat manipulation of sports competitions related to betting.
In Finland, Veikkaus monitors the manipulation of sports competitions, for example, with the help of its extensive assistance network. The network extends all over Finland and monitors possible issues related to manipulation of sports competitions at sports events. The network’s experts assist Veikkaus in calculating the odds of sports matches at the events. If an assistant detects issues related to manipulation of sports competitions, they report the matter to Veikkaus, and Veikkaus reports the case to FINCIS.
International co-operation is important in the fight against manipulation of sports competitions. Manipulation of sports competitions related to betting is prevented, for example, by the GLMS (Global Lotteries Monitoring System) co-operation. GLMS consists of more than 30 gaming companies similar to Veikkaus, and Veikkaus is also involved.
The objective of GLMS is to be the world’s most important player in preventing manipulation of sports competitions related to betting. Through GLMS co-operation, Veikkaus follows the international betting market on a daily basis and monitors big odds changes in particular. These may be key findings related to manipulation of sports competitions and are reported by Veikkaus to FINCIS. Veikkaus uses this information as a basis for its own target selection to ensure that no suspicious matches end up on the target lists.