(PRESS RELEASE) -- Sports betting brand betPARX
joined the International Betting Integrity Association (IBIA). The North American focused business is active across the U.S. and currently has operating licenses in Pennsylvania, New Jersey, Michigan, Maryland and Ohio. betPARX joins over 45 companies and 125 leading sports betting brands in IBIA, further strengthening IBIA’s position in North America and globally as the world’s leading integrity monitor.
“We are thrilled to join IBIA and affirm our commitment to promoting the highest standards of integrity in sports betting,” said Matthew Cullen, SVP, Interactive Gaming and Sports of betPARX. “By working with industry leaders, we aim to ensure a safe and fair betting experience for all users.”
IBIA recently released its annual integrity statistics for 2022, which highlighted that it reported 268 alerts to the relevant authorities globally, with successful sporting or criminal sanctions announced against 15 teams, officials or players where IBIA had identified suspicious betting activity on their matches. In several of the cases, data from IBIA and its members helped contribute to significant sanctions, such as life bans. This collective action attests to the powerful impact of IBIA’s data and cross-sector partnership working.
“IBIA is delighted that betPARX has chosen IBIA as the operator’s preferred monitoring partner,” said Khalid Ali, CEO of IBIA. “It highlights betPARX’s commitment to protecting the integrity of its betting products and related sporting events through the world’s premier operator-led monitoring body. betPARX is a very welcome addition to IBIA and maintains our growth across the burgeoning North American sports betting market. The association looks forward to working closely with betPARX and to integrating the operator within our global sports betting integrity network.”
The International Betting Integrity Association is the leading global voice on integrity for the licensed betting industry. It is run by operators for operators, protecting its members from corruption through collective action. Its monitoring and alert network 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 betting integrity policy discussion forums managed by the IOC, United Nations, Council of Europe and European Commission.