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The International Betting Integrity Association (IBIA) flagged 42 suspicious betting activities to authorities in the third quarter of 2024. This marks a substantial decrease compared to the revised 91 alerts in Q2 2024, showing a 54% decline. Compared to Q3 2023, the figure is 16% lower, with that period reporting 50 alerts. The IBIA, alongside its expanding network of members, oversees over $300 billion annually in sports betting turnover across more than 125 brands worldwide.
The 42 alerts recorded in Q3 spanned five different sports and involved 18 countries across five continents. Football and tennis accounted for the bulk of the incidents, with each sport contributing 14 alerts, making up 67% of the total. Europe was a hotspot, with 14 alerts originating from the continent, although this represented a drop from the 20 recorded in Q2 2024.
Interestingly, 12% of the suspicious activities in Q3 were related to events in Burundi, where five alerts were raised. This marked the first significant occurrence of alerts in the country since 2020. Additionally, the number of esports-related alerts saw a sharp decline, dropping by 75% from 48 in Q2 2024 to just 12 in Q3.
Football and tennis remain in focus, as both sports consistently appear in suspicious betting reports. Khalid Ali, CEO of IBIA, commented, “The third quarter saw football and tennis register the highest number of alerts, albeit those numbers are in line with recent trends. In the case of tennis, there has been a noticeable decrease from its peak.” Ali also noted the reduction in esports alerts following a surge in the first half of the year due to a linked case. He added, “We continue working closely with integrity authorities to detect and prevent corrupt activity, ensuring the protection of both sports and betting markets.”
The Q3 report also highlights a projected turnover of over $500 billion for football betting markets globally in 2024, leading to an estimated gross win of $46.3 billion.