Tuesday, November 29, 2022

BetConstruct’s VBET becomes latest sports betting operator to join IBIA | Yogonet International

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BetConstruct’s VBET, which is part of Vivaro Limited and has licenses to operate in Great Britain, Malta, France, and Sweden, has joined the International Betting Integrity Association (IBIA). Founded in 2003, the brand has since expanded from its initial retail business into online gambling and currently has sponsorship deals with AS Monaco and Portsmouth football clubs.

The VBET brand will now feed into IBIA’s betting integrity monitoring and alert platform. The operator joins many of the leading regulated sports betting operators in the world, with the association’s members accounting for over $137 billion (€115 billion) in global betting turnover per annum and nearly 50% of all regulated commercial operator online betting activity.

Tigran Harutyunyan, Head of Trading and Sports Unit at VBET, said: “We are delighted to be joining the membership of the International Betting Integrity Association and we look forward to our mutual collaboration. We offer markets on over 120 sports globally, so helping to maintain the integrity of the sporting events we offer to our customers is vital. The IBIA’s global reputation for dealing with sports integrity issues is unparalleled and this partnership underlines our commitment to providing our customers with the fairest offering possible.”

The International Betting Integrity Association 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 utilize 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.

Earlier this month, ComeOn and its sports betting brands joined IBIA as well. The association also announced the appointment of Jean-François Reymond as their Education Ambassador for Athletes.  



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