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The International Betting Integrity Association (IBIA) has released its latest quarterly report on integrity, highlighting 40 incidents of suspicious betting activity identified by its members. IBIA represents nearly 50% of all commercial online betting globally and over US$137 billion in sports betting turnover. The report provides insights into the importance of establishing effective integrity solutions across Latin America, particularly in Brazil, and the significant role that IBIA’s regulated operators play in identifying and deterring potential manipulation.
The Q1 report highlighted 40 incidents of suspicious betting activity in nine sports across 22 countries and five continents. The sport with the highest number of alerts globally was football, accounting for 38% of all alerts in Q1. The report also indicated that Spain had the highest number of Q1 alerts, with eight alerts on sporting events in Spain equaling the total number of alerts on Spanish events for the whole of 2022.
Khalid Ali, CEO of IBIA, praised the association’s monitoring and alert network for providing comprehensive and detailed intelligence on suspicious betting activity globally. The network utilizes detailed customer-account data that is only available to IBIA and its members, covering almost 50% of all regulated commercial online betting. By harnessing these collective resources, IBIA can deploy a protective shield around its members, resulting in fewer attempts to corrupt them compared to non-members.
The Q1 Integrity Report contains a targeted analysis of alerts in the Latin American market, highlighting 105 suspicious alerts across the region during 2018-22. Brazil was the primary source of alerts, accounting for 31% of the total, followed by the Dominican Republic and Mexico at 10%, and Argentina and Peru at 9%. Football was the sport most associated with these alerts, accounting for 63%, followed by tennis at 21%. IBIA members raised a total of 33 suspicious alerts in Brazil during this five-year period.
According to H2 Gambling Capital, the Brazilian sports betting market experienced a 44.4% growth from 2021 to 2022, reaching BRL4,506m (US$940m) in gross gambling revenue (GGR). The market is projected to reach BRL9,265m (US$1,860m) in GGR by 2027, a 105% increase. Given its significance in Brazil, a well-regulated sports betting market is critical in the fight against sports betting-related match-fixing. All relevant stakeholders, including betting operators, policymakers, regulators, and sports, have an important role to play in ensuring Brazil benefits fully from a dynamic and competitive regulated sports betting market while reducing the risks of match-fixing.
The latest quarterly report from IBIA highlights the importance of effective integrity solutions across the globe and the critical role that regulated operators play in identifying and deterring potential manipulation. With the growth of the Brazilian sports betting market, a well-regulated industry is essential to the fight against match-fixing. All stakeholders must work together to ensure that Brazil benefits fully from a competitive, regulated market while minimizing the risks of match-fixing.