Abstract

Knowing the negative effect of sports manipulation for the sport and society, as well as the problems that is facing the Macolin Convention in its ratification, I decided to do this research in order investigate the phenomenon of match-fixing, controversial issues about the online gambling and potential effect of ratifycation of the convention and its entry into force. I was totally surprised when I found out so many International business law issues are covered in this topic. The sports betting markets are similar to the stock market, where odds movement de- pends on the performance of the teams and players. The insider trading is similar to the match-fixing, where a pre-match information for the result is used in order to achieve a great profit. Memorandums of understanding between betting companies, sports governing bodies and public authorities are used to cover the lack of regulation in this area. In the same time there is a need of acceleration of negotiations for the ratification of the convention due to the spreading of the phenomenon of sports manipulation. Key words: major manipulations, harmful aspects, existing problems, legalizing sports gambling, ethics of sports

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