DraftKings invests inbetting integrity with IBIA membership
DraftKings powering sports and gaming entertainment for 50+ operators across more than 15 regulated U.S. and global markets, has joined the International Betting Integrity Association (IBIA). DraftKings’ membership will significantly strengthen IBIA’s bespoke global monitoring and alert platform and will see it share information on suspicious betting with other globally recognised sports betting operators in IBIA.
Khalid Ali, IBIA’s CEO said: “The association is delighted to welcome another leading name in the regulated sports betting sector to its ranks. DraftKings operates in a truly global business landscape. The addition of DraftKings’ sportsbook trading platform provides a significant boost to IBIA’s already extensive global regulated sports betting market and customer monitoring capabilities.”
Tim Dent, DraftKings Chief Compliance Officer, said: “Joining the leading global voice on integrity for the licensed betting industry is a clear statement of intent by DraftKings. The company places the protection of its client’s businesses, consumers and sporting events from corruption at the forefront of our corporate strategy. This agreement provides DraftKings’ private operator sportsbook clients with unparalleled trading and risk management protection.”
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.