IBIA reports 42 suspicious betting alerts in third quarter

Thursday, October 24, 2024 12:58 PM
Photo:  IBIA
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  • Mia Doyle, Special to CDC Gaming

The International Betting Integrity Association reported 42 suspicious betting alerts in the third quarter, a 54 percent decrease from second-quarter’s 91. The figure also fell 16 percent from the 50 reported in the same quarter last year.

Twelve alerts – 29 percent – came from esports, a 75 percent decrease from 48 in the second quarter. Most alerts – 67 percent – came from football and tennis. In the third quarter of 2023, these two sports accounted for 56 percent of alerts.

“The third quarter saw football and tennis register the highest number of alerts, albeit those numbers are in line with those seen in recent years and, in the case of tennis, represent a significant decrease compared to its peak,” Khalid Ali, CEO of IBIA said in a press release. “We continue to work closely with the integrity authorities for those sports, and indeed all sports, where we see suspicious betting, with the aim of detecting and sanctioning corrupt activity to protect sporting events and betting markets.”

Founded in 2005 as ESSA, the IBIA is a non-profit body that monitors more than $300 billion in sports betting handle per year. The company detects and reports suspicious activity in regulated markets across more than 125 brands, including Bally’s, bet365, Entain and Flutter.

Mia Doyle is a news writer for Major League Content, covering the latest stories across the casino and sports betting industry. Mia’s specialties include US gambling business, casino technology, and legislation news. Mia also likes to write about responsible gambling and social responsibility.