IBIA reports 40 suspicious betting alerts in Q1
Promotes greater integrity protection in Brazil and wider LatAm
The most recent quarterly Integrity Report of the International Association for Betting Integrity (IBIA) reported 40 cases of suspicious betting activity identified by its members, representing approximately 50% of all commercial online betting worldwide and sports betting turnover in excess of US$137 billion. IBIA’s Q1 report also highlights the importance of establishing effective integrity solutions in Latin America, particularly Brazil, and the important role that IBIA’s regulated operators play in identifying and deterring potential manipulation.
In the first quarter, 40 suspicious betting incidents were related to nine sports in 22 countries and five continents. Other important data for Q1 2023:
▪ Football had the highest number of alerts reported worldwide. The 15 football alerts represent 38% of all alerts in the first quarter.
▪ The 12 tennis alerts reported in the first quarter of 2023 represent a decrease of more than 50% compared to the three-month average in 2022.
▪ Spain is the country with the highest number of Q1 alerts. 8 alerts on sporting events in Spain equals the total number of alerts on Spanish events for the whole of 2022.
Khalid Ali, CEO of IBIA, said:IBIA’s monitoring and alerting network provides the most comprehensive, robust and detailed intelligence on suspicious betting activity globally. It uses detailed customer account data available only to IBIA and its members and covers approximately 50% of all regulated commercial online betting. Using these collective resources, we are able to place a protective shield around IBIA operators, resulting in fewer attempts to corrupt our members compared to non-members.”
The Q1 Integrity Report also includes a targeted analysis of 105 suspicious alerts across the region and alerts in the Latin American market during 2018-22. The main source of alerts was Brazil (31%), followed by the Dominican Republic and Mexico (10%), and Argentina and Peru (9%). Not surprisingly, given its importance in Brazil, 63% of the warnings came from football, followed by tennis (21%). In total, 33 suspicious warnings were issued by IBIA members in Brazil during this five-year period.
Khalid Ali, CEO of IBIA, added: “A well-regulated sports betting market is essential to combating sports betting match-fixing. All relevant stakeholders – betting operators, policy makers, regulators and sports – have an important role to play in ensuring that Brazil reduces the risks of match-fixing while taking full advantage of the dynamic and competitive regulated sports betting market.”
According to H2 Gambling Capital, the leading independent authority on global gambling market data, the Brazilian sports betting market grew 44.4% from 2021 to 2022, reaching BRL 4,506 million (US$ 940 million) in gross gambling revenue (GGR). and GGR to BRL 9,265 million (US$ 1,860 million) by 2027 (a 105% increase).
Wednesday, 03 May 2023