The International Betting Integrity Association has reported 56 suspicious betting alerts in the first quarter of 2024, a 12 percent increase from the 50 cases reported over the same period in 2023.
The company’s monitoring and alert platform is an anti-corruption tool that uses consumer data to detect and report suspicious betting activity. The platform reviews more than $137 billion in global betting transactions annually.
“IBIA’s alerts are supported by detailed global customer account data only available to IBIA and its membership, which continues to grow, widening our world-leading market coverage. That account data provides evidentiary information that is vital for advancing investigations and imposing sanctions,” said Khalid Ali, IBIA CEO. “IBIA is committed to continuing to work closely with stakeholders and to providing this important evidence base.”
A breakdown of the alerts by sport revealed that 43 percent of alerts from football, 25 percent from tennis and 16 percent from basketball. The remaining alerts were from esports, table tennis and cricket. Football alerts were up 60 percent from last year.
The alerts also came from 21 countries across five continents, with 41 percent coming from Asia. Turkey reported the most alerts, with eight across football, tennis and basketball.
“The first quarter saw an increase in reported alerts highlighting the ongoing challenge our members, sports and regulatory authorities face from corrupt activity, with football and Asia dominating our Q1 report,” Ali said.
In October, the IBIA announced a partnership with IXUP, an Australian data security company to enhance the protection of the sports betting landscape in the United States by providing data to operators, regulators and sports governing bodies.
