In an effort to demonstrate its dedication to maintaining betting integrity, Novibet has officially become a member of the International Betting Integrity Association (IBIA).

Novibet holds operating licenses in several countries, including Greece, Malta, Cyprus, Ireland, and Italy, and has expressed interest in obtaining a license in Brazil.

This membership marks Novibet’s inclusion among over 50 companies and 125 sports betting brands within the IBIA, which aims to safeguard regulated sports betting markets against match-fixing and other integrity threats.

Novibet’s entry into the association follows shortly after Latin American betting operator Aposta Ganha joined the IBIA.

Panagiotis Skyrlas, Novibet’s Chief International Expansion Officer, commented: “At Novibet, our dedication to transparency is at the heart of our operations. Joining IBIA is a clear reflection of this dedication as we continuously strive to set new standards for integrity and excellence in the online betting sector.

“By partnering with IBIA, we are reinforcing our vision to maintain the highest standards and to lead by example. We believe that close collaboration with IBIA will further elevate trust and confidence in the industry, ensuring our customers always enjoy a fair and secure betting experience with us.”

IBIA CEO Khalid Ali stated: “Novibet is a well-established name in the sports betting arena, bringing with it a global customer base that will significantly enhance IBIA’s monitoring network. We are thrilled to welcome Novibet to the association and appreciate the operator’s dedication to utilizing the best integrity protection available worldwide for its sports betting products.

“Maintaining product integrity is crucial to our mission, and we look forward to integrating Novibet into our global sports betting integrity monitoring system.”

In related company news, Novibet recently announced a new partnership with W2, making W2 its latest digital compliance partner.

Source: “Novibet joins the IBIA”. Gambling Insider. May 22, 2024.

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The International Betting Integrity Association (IBIA), the leading global voice on integrity for the licensed betting industry, has released its 2023 sports betting integrity report. The organization notably said that the number of suspicious sports betting alerts has decreased significantly.

According to the IBIA, a total of 184 alerts were reported in 2023, representing a year-on-year decrease of 101, or 35%. For reference, a total of 285 alerts were recorded in 2022. Moreover, the IBIA pointed out that between 2019 and 2022, the annual average number of alerts was 244.

In addition to recording 184 alerts, the IBIA’s suspicious betting activity data proved that 74 matches were corrupted. Luckily, the body was thus able to report an increase in the number of sanctioned violators.

The IBIA noted that its ability to recognize and deter suspicious betting activity has increased dramatically in recent years. The organization now comprises gambling companies responsible for more than $137 billion of annual global betting turnover.

In addition to demonstrating the improved IBIA capabilities, the latest figures also highlight the importance of requiring sports betting operators to join an international integrity monitoring body. The integrity specialist cited Brazil’s new rules as a perfect example.

IBIA’s chief executive officer, Khalid Ali, commented on the latest figures, describing them as “encouraging.” According to him, they demonstrate that his organization’s monitoring and alert network is truly making a difference.

Despite this progress, we must remain vigilant and recognize that the greatest threat to sports integrity comes from unregulated operators, most notably in Asia.

Khalid Ali, CEO, IBIA

Soccer and Tennis Were the Most Reported Sports

In the meantime, the IBIA confirmed that its alerts led to the successful sanctioning of 21 clubs, players and officials – a substantial increase from 2022’s 15. The sanctioned people in 2023 included 8 tennis athletes, 7 umpires and 4 snooker players.

Despite the high number of sanctioned tennis players, soccer was the sport with the majority of alerts with 63. This number is more or less in line with those reported in 2022 and 2021 when the IBIA reported 67 and 66 soccer-related alerts, respectively.

Tennis was the second most reported sport with 54 alerts. This figure notably represents a stellar 49% decrease on the 2022 total of 206.

Mr Ali praised the decrease in tennis alerts. He added that the IBIA will continue to work closely with the International Tennis Integrity Agency (ITIA) and other important tennis organizations to continue prosecuting wrongdoers. Ali concluded that the strict sanctions imposed on recent violators have proven effective in discouraging fraud.

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The International Betting Integrity Association (IBIA), the world’s largest betting integrity monitor, has signed a memorandum of understanding (MOU) on betting integrity with Lotería de la Ciudad, a regulatory body that oversees sports betting in the City of Buenos Aires.

Signed by Martín García Santillán and Federico Cattadori, Lotería de la Ciudad’s president and manager of gaming and betting control respectively, the memorandum establishes collaboration guidelines between the regulator and the IBIA.

According to the announcement, the agreement seeks to help the City of Buenos Aires improve its responsibility standards while discouraging fraud and match manipulation. To that end, the IBIA and Lotería de la Ciudad will exchange technical knowledge and information related to the sector’s integrity.

According to the IBIA, the alliance will benefit Lotería de la Ciudad because of the importance of information to the prevention and identification of fraud. 

IBIA Will Help Lotería de la Ciudad Combat Illicit Activities

Khalid Ali, IBIA’s chief executive officer, expressed his team’s delight to join forces with the Lotería de la Ciudad. He said that the IBIA is looking forward to working with the Buenos Aires regulator and protecting sporting events, consumers and betting operators from fraud and match-fixing.

The association and its members will analyze the betting on their global markets, which cover over $137 billion in sports betting revenue per annum, and work closely with the Lotería de la Ciudad to identify and investigate any suspicious betting activity.

Khalid Ali, CEO, IBIA

The MOU between the two parties highlights Lotería de la Ciudad’s recognition of the importance of cracking down on fraud. For reference, the IBIA has reported 9 suspicious betting alerts on Argentine sporting events between 2018 and 2022. This number represents 9% of all Latin American reports for the period.

The IBIA is an international non-profit organization whose task is to prevent fraud in the betting sector. Its members include almost 50 gaming companies and 125+ sports betting brands, including some that are licensed in the City of Buenos Aires. The members of the IBIA notably represent 50% of all the regulated commercial betting activity.

Two months ago, the IBIA welcomed several new LATAM-based members. Because of Brazil’s provisional measure requirements, a number of Brazilian companies joined the integrity body, KTO and Galera.bet included. Prior to that, the association also welcomed Metric Gaming, a UK-based company that holds licenses in Malta, the United Kingdom, and a number of US states.

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The International Betting Integrity Association (IBIA) announced its latest member, a LATAM-oriented sports betting brand called KTO. Originally founded in 2018, the sportsbook has an extensive presence in Brazil and is one of the top 10 online gambling companies in the country.

This move is in line with Brazil’s recently-introduced provisional measure that requires all sports betting operators to join an international integrity body. Thanks to the measure, Brazilian operators flocked to the IBIA, strengthening its global monitoring capabilities. For example, the body just welcomed Galera.bet, a Brazilian sports betting brand.

As a member of the IBIA, KTO joins an international family encompassing around 50 companies and more than 125 sports betting brands. The IBIA members already account for over 60% of the Brazilian remote gambling market.

As a result, the IBIA is now able to provide an accurate analysis and effective deterrent against betting fraud in Brazil and Latin America as a whole. The body leverages state-of-the-art anti-corruption tools to identify and report suspicious activities in regulated betting markets.

To make sure that its members are reliable, the IBIA requires all applicants to pass a strict due diligence process and commit to its code of conduct.

KTO Is Glad to Join the IBIA

KTO’s managing director Jeff Tabone commented on the development, saying that his team is glad to join the IBIA. According to Tabone, KTO’s team believes this to be an important step for his company as it seeks to uphold the highest integrity standards in Brazil.

Trust has always been a cornerstone of the KTO Brand and joining the IBIA signifies our commitment to a safe and transparent environment for our customers and the wider industry.

Jeff Tabone, MD, KTO

Meanwhile, IBIA’s chief executive officer Khalid Ali welcomed KTO on board and praised its decision to join the monitoring body. He said that the move will solidify IBIA’s presence in the LATAM region and Brazil in particular.

The association looks forward to working closely with KTO and welcomes the operator’s commitment to protecting its sports betting operations through IBIA’s world-leading integrity network.

Khalid Ali, CEO, IBIA

The IBIA recently published its Q2 integrity report. The body identified 50 suspicious cases in the quarter and reported them to relevant sports authorities. The IBIA noted that 19 of the alerts were related to soccer matches, while 14 were related to tennis games.

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The International Betting Integrity Association (IBIA) will work with its member operators to establish and fund a new education program for Canadian athletes. The announcement was initially made at the Symposium on Competition Manipulation and Gambling in Sport event in Toronto.

With representatives of notable North American sports leagues, such as the CFL, CPL, Hockey Canada, NFL, NBA and NHL in attendance, the IBIA unveiled the new program. Regulators such as the AGCO and Alberta Gaming and Liquor Commission also had representatives in attendance.

It announced that the new initiative will be funded by its member operators bet365, Betway and FanDuel, which will invest at least $220,000 (converted to USD) over three years. The funding partners are currently discussing a delivery body and are planning to come up with a decision in the coming weeks.

The program will seek to shield athletes from sports betting fraud and match-fixing. It will include face-to-face athlete training, as well as a digital portal for learning. In addition, athletes will be able to benefit from awareness-raising material and use an anonymous reporting app to share their experiences.

Representatives from the involved parties commented on the new project. Jean-Francois Reymond, a former basketball pro and education ambassador at the IBIA, was the one to announce the project. He explained that in order to protect the integrity of sports, one has to also protect the integrity of athletes.

Most often through a lack of awareness, it is the athletes who are risking their careers and livelihoods. Our objective is to build a best-in-class program for all athletes that serves to protect the integrity of Canadian sports and the careers of Canada’s athletes.

Jean-Francois Reymond, education ambassador, IBIA

IBIA’s chief executive officer, Khalid Ali, also commented on the matter. He said that the association is happy to see that its members are interested in promoting sports betting education and are willing to invest in the initiative. Ali noted that the IBIA truly cares about sports integrity and investing in the well-being of the athletes that make sports possible.

Betway’s chief executive, Anthony Werkman, also shared his thoughts, affirming the importance of sports integrity. He said that his brand is committed to combating corruption in sports betting, both globally and locally. Werkman concluded that Betway is excited to work together with other IBIA members on the new project.

Finally, Dale Hooper, GM of FanDuel Canada, said Ontario is a fairly young market and therefore one in need of additional protections and educational programs. His team is looking forward to helping to increase the understanding of betting and the protection of athletes and bettors in the region.

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