The Ultimate Fighting Championship, a mixed martial arts organization, has strengthened its regulatory compliance by partnering with ProhiBet.
ProhiBet will be used by the UFC to ensure sports integrity, and to adhere to state-specific laws.
ProhiBet is a tool that allows UFC to monitor UFC employees, athletes, coaches and officials. The UFC forbids these individuals from betting on UFC events.
US Integrity is the UFC’s official betting integrity service. It is one of the parties that created ProhiBet. US Integrity is the UFC’s official betting-integrity service. It identifies and analyses unusual wagering at UFC events.
Riche McKnight, UFC executive vice-president and general counsel, said: “We are committed to regulation and compliance in order to promote safety and fairness within our sport.”
Our collaboration with ProhiBet represents another step in strengthening our integrity control. It helps us enforce the anti-gambling policies and supports the integrity of our sport.
Matt Heap, managing director of ProhiBet, added: “We’re thrilled to partner up with UFC.” ProhiBet’s encrypted data transfer system combined with UFC’s commitment to maintaining the integrity of sport will enhance transparency and trustworthiness in sports betting.
ProhiBet is a joint venture between US Integrity and Odds On Compliance
ProhiBet was launched earlier this year by US Integrity & Odds On Compliance. The Secure Sports Solutions joint venture has launched its first product, the ProhiBet solution.
ProhiBet uses both US Integrity’s wagering monitor services and Odds On Compliance’s expertise in compliance technology. It monitors compliance to US state regulatory requirements through an encrypted, decentralised platform for cross-monitoring.
The National Collegiate Athletic Association Big 12 Conference was the first sports property to use ProhiBet.
The conference stated at the time that this was part of a double-edged approach to strengthening its oversight over sport betting. Big 12 also tightens its grip on the distribution of Big 12 information.
