Sporttrade expands IBIA's U.S. betting integrity footprint

Sporttrade, a Philadelphia-based sports betting technology company, has become a member of the Internacional Betting Integrity Association (IBIA). Sporttrade is the first and only sports trading marketplace in the United States. Eligible customers in New Jersey can use Sporttrade to trade in and out of positions on sports outcomes much like they would trade stocks, options or cryptocurrencies. 

"We are proud to be an IBIA member as it cements our mission of elevating the sports betting industry", said Alex Kane, Founder and CEO of Sporttrade. "We are committed to advancing fair, transparent, and efficient open sports betting markets. Our membership in the IBIA and our utilization of industry-leading technology, like Nasdaq's market surveillance, is critical to achieving that promise".

Khalid Ali, CEO of IBIA, said: "IBIA is delighted to welcome another North American operator into our association". The International Betting Integrity Association is the leading global voice on integrity for the licensed betting industry. The assocaition has longstanding information-sharing partnerships with leading sports and gambling regulators to use its data and prosecute corruption.