The International Betting Integrity Association is expanding its anti-match-fixing and integrity operations in Brazil.
IBIA stated that the expansion is due to the upcoming government regulation of sport betting in Brazil, growth in the sports betting industry and previous instances of match-fixing.
According to H2 Gambling capital, 60% of remote gambling in Brazil is comprised of IBIA Members.
Khalid Ali CEO of IBIA said the organization is eager to expand its reach in Brazil.
“We are delighted by the Brazilian Government’s decision to regulate sports betting. This is a very positive step,” said Ali. “IBIA is looking forward to working with the policymakers to ensure Brazil benefits from a dynamic, competitive and sports betting market while reducing match-fixing risks.”
Ali said that the expansion will allow the Integrity Body to deploy their comprehensive anti-match-fixing technology in Brazil, combating match-fixing efforts.
He continued: “What makes IBIA different from other commercial monitoring systems, is its ability to track transactions linked to individual accounts of consumers rather than simply analysing simple changes in odds.” IBIA will be the first to crackdown on match fixing in Brazil. Responsible regulated sports betting operators are motivated to do so.
IBIA’s monitoring and alert system and advocacy expertise will play a crucial role in helping Brazil deter, investigate, and prosecute match fixing.
IBIA reported last week that it received forty suspicious alerts during the first quarter of this year.