IBIA chronicles second-quarter suspicious sportsbetting alerts

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The International Betting Integrity Association (IBIA) anti-corruption organization has announced that it chronicled 88 suspicious betting alerts over the course of the three months to the end of June.

Formerly known as ESSA Sports Betting Integrity, the group used an official Wednesday press release (pdf) to detail that its figures for the second quarter of the year involved eight sports with soccer claiming top spot courtesy of 32 specific cases. The London-headquartered enterprise also explained that tennis with 27 instances and horseracing with twelve rounded out its top three for the three-month period and accounted for over 80% of its entire set of quarterly alerts.

Analytical alliances:

Established in 2005, the IBIA describes itself as ‘the leading global voice on integrity for the licensed betting industry’ with its monitoring and alert platform serving as ‘a highly effective anti-corruption tool’ that detects and chronicles suspicious wagering activities utilizing ‘detailed consumer data’. The organization moreover stated that it holds ‘long-standing information sharing partnerships with leading sports and gambling regulators’ that allow it to ‘prosecute corruption’ while it publishes quarterly reports laying out the alerts picked up by its supervisory advance.

European eminence:

Further breaking down its results for the second quarter and the IBIA disclosed that its alerts came from 36 individual jurisdictions with nations in Europe accounting for around half at 52%. The enterprise furthermore noted that this burgeoning territory was followed by Asia at 20% while 15% of its cases originated in a North American country such as Canada and the United States.

Embryonic examination:

The IBIA asserted that the Canadian province of Ontario served as ‘the principal focus of regulatory interest during the second quarter’ as the jurisdiction began opening its online sportsbetting market to some of the planet’s most prominent iGaming operators including FanDuel Group, DraftKings Incorporated and NorthStar Gaming Incorporated from April. In advance of this premiere and the enterprise divulged that it was ‘accredited as an independent integrity monitor’ by the Alcohol and Gaming Commission of Ontario and now ‘represents the majority of the operators currently offering sportsbetting in the province’ with its membership continuing ‘to show steady growth.’

Synopsis scope:

Rounding up its second-quarter results and the IBIA clarified that it had chronicled ten alerts on North American horseracing events alongside an identical amount concerning global table tennis competitions. The organization additionally revealed that there had been four suspected fraud cases associated with eSports as well as a pair from the continent of South America.

Read a statement from the IBIA…

“The IBIA is the leading global voice on integrity for the licensed betting industry and is run by operators for operators to protect its members from corruption through collective action. Our monitoring and alert platform is a highly effective anti-corruption tool that detects and reports suspicious activity on its members’ betting markets.”