Compliance Updates
Videoslots joins the International Betting Integrity Association
Videoslots’ sportsbook will now be part of a unique global monitoring and alert system after the operator became a member of the International Betting Integrity Association (IBIA).
It joins many of the world’s leading sports betting operators in the association, whose members account for around $137bn (€115bn) of global betting turnover per annum and nearly 50% of all regulated commercial operator online betting activity.
Videoslots, which currently has licences to operate in the UK, Sweden, Italy, Spain, Denmark and Malta, launched its sportsbook using its own proprietary software in June 2021.
Martin Calleja, Head of Sports at Videoslots, said: “Maintaining the integrity of our betting products is of paramount importance to Videoslots and we recognise the considerable business benefits from joining a globally recognised integrity body like the IBIA.
“The association’s network and representation of regulated betting operators provides the perfect partner to bolster our business protection protocols and to identify and punish betting related corruption.”
Khalid Ali, IBIA’s CEO, said: “I’m delighted to welcome another international betting operator into the IBIA. Videoslots’ membership reinforces our position as the leading customer account-based betting integrity monitoring and alert system in the world.
“The association looks forward to working closely with Videoslots to protect its betting products and customers from corrupt betting activity.”
The International Betting Integrity Association is the leading global voice on integrity for the licensed betting industry. It is run by operators for operators, protecting its members from corruption through collective action.
Its monitoring and alert platform is a highly effective anti-corruption tool that detects and reports suspicious activity on its members’ betting markets.
The association has longstanding information sharing partnerships with leading sports and gambling regulators to utilise its data and prosecute corruption. It represents the sector at high-level policy discussion forums such as the IOC, UN, Council of Europe and European Commission.
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