Jun.24.2010
Following a forum with International Federations, National Olympic Committees, as well as representatives of the gambling industry and public authorities, a series of recommendations was agreed to that will help reduce gambling on sports.
The recommendations focus on prevention, education, information for everyone involved with sports and increased collaboration with governments.
“It is clear that betting, through the financial benefits it generates, provides huge opportunities to sports organizations” said IOC president Jacques Rogge.
“However, there is a significant problem when betting leads to the manipulation of competitions and therefore threatens the integrity of sport. Cheating driven by betting is undoubtedly the biggest threat to sport after doping.”
Protecting the Olympics from betting is what the IOC hopes to achieve.
The IOC prevents anyone involved with the Olympics from promoting Olympic betting, or betting on the events, during the Games.
A monitoring system was established for the 2008 and 2010 Games by the IOC. It found no evidence of gambling on the Olympics.