The International Association for Betting Integrity (IBIA) and the Portuguese online betting and gambling association (APAJO) have signed a Memorandum of Understanding that aims to work together in advocating for betting and sports integrity as well as a safe and sustainable online sports betting. environment.
The two associations, representing some of the most relevant operators operating in the European field, will discuss areas of cooperation and potential joint projects in line with their common goals.
In these joint projects, the two associations will combine their expertise on activities aimed at promoting a viable, regulated sports betting market in Portugal with high consumer orientation and relevant consumer, sports and operator integrity protection measures.
“APAJO invests strongly in creating and maintaining the most beneficial environment for Portuguese consumers and operators, and integrity in sport is certainly a crucial part of this overarching goal. We are pleased to enter into this agreement with IBIA, whose extensive work and knowledge in this area will certainly be extremely valuable. We look forward to making our own contribution at an international level for the advancement of this industry as a whole.Ricardo Domingues, Chief Executive Officer of APAJO, said:
Khalid Ali, CEO of IBIA, said:Portugal is an important market for IBIA members and therefore maintaining the integrity of the betting product and sporting events is of paramount importance. The agreement with APAJO marks the beginning of a coordinated approach to meet our common goals of creating and maintaining a dynamic, competitive and well-regulated Portuguese betting market that prevents corruption and aims to prevent customers from being diverted to the unregulated market.”
APAJO – Associação Portuguesa de Apostas e Jogos Online – was established in 2018 with the aim of supporting and improving the legal framework of online betting and gambling in Portugal, making it more sustainable for local and international operators, monitoring new developments and trends and ensuring that it is safe. bets and games for all relevant stakeholders: industry, sports organizations and the consumer.
More information https://apajo.pt/en/
About the International Betting Integrity Association
The International Betting Integrity Association is the leading global voice on honesty for the licensed betting industry. Our members share the common goal of fighting betting corruption to protect the integrity of sport and their businesses. Founded in 2005 and formerly known as ESSA, we are a non-profit association operating on six continents, with members of many of the world’s largest regulated betting operators. Members go through a rigorous due diligence process and must adhere to our code of conduct, which subjects them to responsible betting practices.
The International Betting Integrity Association’s Monitoring and Warning Network is a highly effective anti-corruption tool that detects and reports suspicious activity in the betting markets of its members. The bespoke system monitors transactional activity associated with individual consumer accounts, clearly distinguishing it from commercial monitoring systems that focus on simple rate movements. The association has longstanding knowledge sharing partnerships with leading sports organizations and many gambling regulators, including FIFA, UEFA, ITIA and IOC, to use this data and prosecute corruption. The association maintains a policy of transparency and publishes quarterly integrity reports that analyze reported activity on its network.
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Wednesday, 07 June 2023