IBIA upgrades technology platform underpinning its world leading global monitoring and alert network
⏱ 2 min read
(Brussels).- The International Betting Integrity Association (IBIA) has upgraded the technology platform underpinning its global integrity monitoring network. It provides IBIA and its growing membership access to advanced technology to protect regulated betting markets, consumers and sporting events around the world. It facilitates enhanced alert processing and improved data access 20 November 2024.
The upgrade is part of IBIA’s continued investment in technology and wider resources aimed at tackling betting related manipulation. Developed by Bluehouse Technology, the bespoke technological upgrade has been tailored to IBIA’s operational requirements and facilitates a more efficient process for the monitoring and reporting of suspicious betting activity. It also provides access to specific monitoring and alert data streams for key stakeholders, such as gambling regulatory authorities, thereby significantly improving interaction and cooperation that supports important investigatory activity.
Khalid Ali, CEO at IBIA, said: "IBIA’s new integrity technology platform provides enhanced functionality and greatly improves our ability to analyse our members’ customer account level data, which covers over $300bn in betting transactions annually, to identify and report suspicious betting activity. The upgrade allows us to provide a technological platform that keeps pace with the integrity requirements of our growing membership and the scope and scale of the market data we receive across our wider intelligence network. It will be a key pillar in our ongoing efforts to protect the integrity of sporting events and regulated sports betting markets globally."
Sharmila Pillai, Director at Bluehouse Technology said: "We are thrilled to have worked closely with IBIA to develop this new monitoring and alert platform. Our team worked hard to ensure the project was completed on time and within budget, and we are pleased that it has passed a rigorous independent security audit by a leading testing and certification company."
IBIA’s global monitoring network is a highly effective anti-corruption tool, detecting and reporting suspicious activity in regulated betting markets using transactional activity linked to individual customer accounts. The new platform provides a number of important technological advancements to assist that process, which have passed an independent security audit performed by Bulletproof, a Gaming Laboratories International (GLI) company. The new platform launch comes shortly before the sports betting market opening in Brazil, which is forecast by H2 Gambling Capital to reach $34bn in sports betting turnover by 2028, with IBIA members representing over 70% of the market’s gross gambling revenue. IBIA and the Brazilian Ministry of Finance have recently signed an integrity cooperation agreement that will allow for the sharing of information concerning suspicious betting activity connected to Brazilian sport.
Khalid Ali, CEO at IBIA, further commented: “The upgrade of IBIA’s monitoring and alert platform is particularly timely given the imminent launch of regulated sports betting in Brazil. We’re confident that this tool will provide best-in-class support for our new members and partners, including the Brazilian authorities and sporting bodies, to protect the market and sporting events.”
IBIA’s Q3 report detailed 42 alerts during the quarter. IBIA alerts contributed to the investigations and subsequent successful sanctioning of 21 clubs, players and officials in 2023.
Categoría:Gaming
Tags: Sin tags
País: Belgium
Región: EMEA
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