IBIA pens betting integrity deal with Buenos Aires regulator
Under the memorandum of understanding, IBIA will support Lotería de la Ciudad with sports betting integrity in its regulated market.
The two parties will exchange technical knowledge and information related to the integrity of sports and betting. This will be used to improve fraud control and prevention in the city’s market.
Buenos Aires opened its legal internet sports betting market in December 2021. The city also launched legal online gambling at the same time.
“IBIA is delighted to have reached an agreement with the Lotería de la Ciudad to work collaboratively to protect sports, consumers and the regulated betting market from match-fixing,” IBIA CEO Khalid Ali said.
“The association and its members will analyse the betting on their global markets. We will also work closely with the Lotería de la Ciudad to identify and investigate any suspicious betting activity.”
Argentina absent in IBIA Q2 suspicious betting alert
Argentina was not listed as one of the country’s where IBIA flagged suspicious betting in its most recent quarterly report. IBIA recorded 50 suspicious betting alerts in the second quarter, with football again the main area of concern.
Europe was by far the main source of suspicious betting alerts, with 34 across the continent. In contrast, South America generated six alerts, with four football alerts in Brazil and two tennis cases in Chile.
The association was able to expand its network in Q2. It added Olybet, the sports betting brand of Olympic Entertainment Group (OEG), as a member in June.
Meanwhile, IBIA entered a partnership with the Portuguese Online Betting and Gambling Association (APAJO).
In addition, IBIA linked up with Brazil’s Institute of Responsible Gaming (IBJR) to develop anti-match fixing enforcements in the country. This came shortly after IBIA set out plans to expand its activities in Brazil.