BetParx Joins Forces with IBIA to Strengthen Sports Betting Integrity
Sports wagering platform, BetParx, has partnered with the International Betting Integrity Association (IBIA). This collaboration integrates them into an extensive network encompassing over 45 organizations and an impressive 125 sports wagering operators.
A senior executive at BetParx, Matthew Cullen, stressed their commitment to ethical practices, stating that aligning with IBIA demonstrates their seriousness in maintaining the highest benchmarks within the sports betting industry. Their objective is to cooperate with other prominent stakeholders to guarantee a safe and transparent wagering atmosphere for all participants.
IBIA plays a vital part in preserving integrity. They employ mechanisms to detect any suspicious activities occurring within the betting markets of their members and promptly raise concerns. They collaborate closely with sports and wagering regulatory bodies, exchanging information to ensure that any unethical actors face consequences.
The CEO of IBIA, Khalid Ali, welcomed BetParx, emphasizing that their selection of IBIA as a guardian underscores their dedication to safeguarding their platform and the broader sports betting landscape from manipulation. He views BetParx as a significant addition, bolstering their presence within the rapidly expanding North American sports wagering sector.
Delighted to collaborate with BetParx and include them in our worldwide sports wagering honesty alliance.”
The Global Betting Integrity Organization (IBIA) published its yearly probity assessment for 2022, disclosing it effectively identified 268 questionable wagering actions to pertinent regulators. These endeavors yielded athletic or legal penalties against 15 athletes and administrators, with reprimands varying from temporary prohibitions to permanent exclusions.