World leading sports integrity organisation, the International Betting Integrity Association (IBIA), represents over 120 licensed sports betting brands globally, will expand its integrity monitoring and wider anti-match-fixing operations in Brazil.
This move comes in response to upcoming government regulation, the rapid growth of the Brazilian sports-betting market, and IBIA data confirming that Brazilian sport is a regional target for criminal match-fixers.
IBIA members are estimated to already account for over 60% of the remote gambling market in Brazil. This leading position will enable the IBIA to provide a highly accurate analysis and effective deterrent against match-fixing related betting fraud in the country.
Khalid Ali, IBIA CEO, says: “We welcome the Brazilian government’s decision to regulate the sports betting industry as an overwhelmingly positive move. As IBIA’s 2021 optimum betting market study confirms, balanced and efficient sports betting regulation is part of the solution to sports betting related match-fixing.
“The IBIA looks forward to working with policymakers to ensure Brazil enjoys the full benefits of a dynamic and competitive sports betting market, whilst reducing the risks of match-fixing.”
The IBIA’s recently published Q1 Integrity Report contains a targeted analysis of alerts in the Latin American market. Brazil was the main source of suspicious betting alerts across LatAm (31%), with football accounting for 61% of these alerts.
