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IBIA reports 61 cases of suspicious betting in Q14 April 2020(PRESS RELEASE) -- The International Betting Integrity Association reported 61 cases of suspicious betting to the relevant authorities during the first quarter of 2020. The total is 36% higher than the 45 cases in Q4 2019 and 65% higher than the 37 alerts reported in Q1 2019. IBIA members saw an increase in suspicious betting activity in the week before the widespread suspension of sport in mid-March. Khalid Ali, CEO of IBIA, said: “The industry’s main focus is quite understandably on product availability and business viability in a particularly challenging period for the sector globally. That said, it is important to note that the vulnerability of sports and betting to corruption remains an ever-present danger to operator finances. IBIA saw an increase in suspicious betting activity in the week leading to the global sports shutdown highlighting the opportunism of corrupters. “Whilst there has since been a relative lull, we fully expect the business threat to rise as sport is restored and betting product catalogues return to a level of normality. Indeed, it is clear that corrupters are still operating and seeking to exploit the current situation. IBIA will continue to utilize its unique global monitoring platform to protect its members and sports from fraud during this difficult time; product integrity and consumer trust will be key to the sector’s recovery.” Other key data for Q1 2020:
IBIA reports 61 cases of suspicious betting in Q1
is republished from Online.CasinoCity.com.
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