Founded in 2005, the International Betting Integrity Association is one of the leading global voices in integrity for the licensed betting industry. The IBIA Monitoring and Alerting Platform is a highly effective anti-corruption tool that detects and reports possible fraudulent activity in its members' betting markets.
Brazil had finished last year with a total of 4 reported cases and just one in Q4. However, the most significant figure of the report comes from the global that grew significantly.
The total of 61 alerts reported to relevant authorities is 36% higher than the 45 cases in Q4 2019 and 65% higher than the 37 alerts reported in Q1 2019.
Tennis and football accounted for 49 alerts in Q1 representing 80% of the overall total. Cases reported on football in Q1 2020 doubled to 18 compared to the nine reported in Q4 2019.
Tennis saw 31 alerts in Q1 2020 which is broadly similar to the 29 cases in Q4 2019 but represents an increase of 82% on the 17 tennis alerts in Q1 of 2019.
IBIA members share the common goal of fighting betting corruption to protect the integrity of the sport and its business. Alliance building is at the heart of the approach that is focused on Safeguarding Betting Integrity, Promoting Police Information, Research and Education.
IBIA's tailored system tracks suspicious transactional activities linked to individual consumer accounts using operators' internal risk and security control systems.
If a member identifies suspicious betting activity, it creates an alert on the platform that is shared with all members, which must respond quickly and in detail indicating whether they have seen similar activity. The activity is then reviewed based on the entity's risk-related criteria to determine whether it deserves further investigation.
Any suspicious activity is then reported to the bodies responsible for the sport and to the regulator with which the IBIA has an agreement. Members also make their own reports, as needed, in their respective licensing conditions. Sports regulators are encouraged to request that potentially suspicious events be reviewed by IBIA and its members.
Source: GMB
