Compliance Updates
IBIA reports 50 suspicious betting alerts in Q2 2023
The International Betting Integrity Association’s (IBIA) integrity report for the second quarter (Q2) details 50 incidents of suspicious betting activity reported to the relevant authorities. The Q2 2023 total is an increase of 4% on the revised Q1 figure of 48 alerts and is a decline of 44% on the 90 alerts reported in Q2 2022. That betting integrity information was identified across IBIA members’ global businesses, which number over 125 sports betting brands and US$137 billion in betting turnover per annum, making IBIA the largest integrity monitor of its type in the world.
The 50 incidents of suspicious betting in Q2 concerned eight sports, across 18 countries and four continents. Other key data for Q2 2023 includes:
- Football (soccer) had the highest number of alerts with 19, representing a 27% increase on the 15 alerts reported in Q1 but a 41% decrease on the 32 alerts reported in Q2 2022.
- The 12 tennis alerts reported in Q2 2023 represent a near 60% decrease when compared to the revised figure of 29 alerts for Q2 2022.
- The UK was the country with the highest number of Q2 alerts, with nine alerts concerning four sports (five for darts, two for football, and one each for bowls and boxing).
Khalid Ali, IBIA CEO, said: “The second quarter of the year saw a welcome downward trend with 44% less suspicious alerts compared to Q2 2022, and a near 30% decline in the first half of 2023 when considered against 2022. Much of that decline is a result of collaborative cross-sector efforts headed by the International Tennis Integrity Agency to eradicate match-fixing in tennis, the success of which was highlighted by the prison sentence recently handed out by a Belgian court. That judgment sends a clear and unequivocal message to corrupters that they will be caught, and harsh sanctions imposed.”
The Belgian court handed down sentences to 28 individuals convicted of match-fixing in tennis. This includes the ringleader of a gang that instigated and coordinated the fixing aimed at defrauding betting operators and who has received a sentence of 5 years imprisonment and a fine of €8,000. Ali continued: “The outcome is very welcome and IBIA congratulates the ITIA on its collaborative partnership working with key stakeholders and its continued resolve to identify and punish illicit activity. IBIA’s responsible regulated betting operators remain committed to working closely with sports to weed out corruption.”
The Q2 integrity report includes a breakdown of alerts reported on sporting events taking place in Europe between 2018-2022. It also contains a focus on the Netherlands which had eight suspicious alerts during 2018-22 (three for football and tennis, and one each for darts and beach volleyball). According to leading global gambling market intelligence company H2 Gambling Capital, the Netherlands’ onshore online sports betting market is due to increase from €276m in gross gambling revenue (GGR) in 2022 to €690m by 2028, albeit a sizeable offshore channelisation (€124m) will remain.
Of the 50 alerts reported in Q2 2023, two related to women’s events, 47 for men’s events and one for a mixed gender event. IBIA has recent released a ground-breaking study that analyses the size and characteristics of the women’s sports betting market and examines the potential vulnerability of women’s sports to match-fixing.
Compliance Updates
Licenses received: RockApp strengthens its position in the US iGaming market
RockApp, a leading global media buying agency, proudly announces that it has obtained official licenses in all regulated US states, allowing it to promote iGaming services nationwide, including Colorado, Indiana, Massachusetts, Michigan, New Jersey, Pennsylvania, and West Virginia. With these licenses, RockApp is now authorized to operate in all regulated US states, except for New York. This achievement comes amidst tightening regulatory standards, underscoring the agency’s commitment to compliance and excellence in performance marketing. The move positions RockApp as a trusted partner for iGaming companies looking to expand their reach in one of the world’s largest and fastest-growing markets.
These developments enable the agency to work with prominent industry players, including established American brands, and deliver targeted advertising campaigns with measurable results. By securing a legal presence in all regulated states, RockApp reinforces its reputation as a reliable and professional partner, capable of navigating complex regulatory landscapes.
This milestone is part of RockApp’s broader strategy to strengthen its position as a global leader in the media buying industry. Over the past year, the company has demonstrated impressive growth, achieving a 440% increase in customer acquisition, a 300% boost in turnover, and a record-breaking 4,000 first-time deposits achieved in a single day. These achievements reflect RockApp’s dedication to innovation, strategic planning, and delivering exceptional value to its clients.
“This is a pivotal moment for RockApp,” said Niko Belikov, Founder at RockApp. “Securing licenses in the US not only opens new doors for us but also allows us to bring our expertise in iGaming promotion to a market that values professionalism and results. We’re excited to support our clients as they navigate this dynamic landscape and achieve unparalleled success.”
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BetConstruct
BetConstruct Becomes the First iGaming Company to Offer Both B2B and B2C Licenses in Canada through Affiliate Entity
BetConstruct, a global pioneer in iGaming and sports betting solutions, has announced a significant milestone in the gaming industry. Through its affiliate entity, BetConstruct has become the first iGaming company authorized to facilitate the issuance of both Business-to-Business (B2B) and Business-to-Consumer (B2C) licenses. This remarkable achievement was made possible by obtaining a direct license authorization from the Tobique First Nation in Canada.
The Tobique First Nation, renowned for its innovative and forward-thinking regulatory approach, has entrusted BetConstruct’s affiliate entity with the authority to oversee applications and facilitate the issuance of licenses from its jurisdiction. This partnership underscores shared values of innovation, transparency, and a commitment to responsible gaming practices.
This historic development places BetConstruct at the forefront of the Canadian iGaming market, redefining the opportunities available to gaming operators. By leveraging its affiliate entity’s licensing capabilities, BetConstruct empowers businesses to navigate a streamlined and transparent regulatory environment, unlocking new opportunities for growth and innovation.
“At BetConstruct, we’ve always strived to push the boundaries of what’s possible in iGaming. This landmark achievement with the Tobique First Nation reflects our unwavering dedication to creating opportunities for our partners while upholding the highest standards of responsibility and integrity in gaming,” said Vigen Badalyan, Co-Founder of BetConstruct.
The issuance of dual licenses under the watchful eye of BetConstruct’s affiliate not only highlights BetConstruct’s commitment to supporting its partners but also reinforces the company’s role as a trusted leader in the global iGaming landscape.
This milestone signals a new era for regulated iGaming, as BetConstruct takes bold steps to establish a robust ecosystem for operators and consumers alike. With its direct license authorization from the Tobique First Nation, BetConstruct is setting a new standard for innovation, consumer protection, and sustainable growth in Canada and beyond.
The post BetConstruct Becomes the First iGaming Company to Offer Both B2B and B2C Licenses in Canada through Affiliate Entity appeared first on Gaming and Gambling Industry in the Americas.
Colorado
Media Troopers Receives Two-Year Renewal of Colorado Sports Betting License
Media Troopers, a leading digital marketing agency specializing in sports betting and iGaming, has marked its two-year anniversary in promoting sports betting in Colorado as a vendor licensed by the state.
Shmulik Segal, CEO of Media Troopers said: “We are very proud of this renewal, as it marks a milestone of two successful years of growth and commitment to the State of Colorado.”
Colorado’s Division of Gaming has renewed Media Troopers’ vendor license, allowing the company to promote sports betting offers for its customers until January 2027.
“Receiving a new license and debuting in a state is always exciting, but it is where the hard work begins,” Segal added. “So I am proud to celebrate two successful years of hard work and dedication in promoting safe and reponsible gaming for our Colorado partners such as BetMGM, bet365, and BetFanatics.”
The post Media Troopers Receives Two-Year Renewal of Colorado Sports Betting License appeared first on Gaming and Gambling Industry in the Americas.
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