Betting OnlineNewsAposta Ganha Joins Forces with the International Betting Integrity Association to Spearhead Sports Integrity in Latin America
In a landmark move for sports integrity in Latin America, Aposta Ganha, a prominent sports betting operator based in the region, has officially become a member of the International Betting Integrity Association (IBIA). This strategic partnership marks a significant step forward in the fight against corruption and match-fixing in sports betting, particularly in Brazil, where Aposta Ganha is eyeing further expansion and regulatory compliance.
Key Takeaways:
Aposta Ganha, which debuted six years ago, is setting its sights on international growth with a particular focus on Brazil. The country's regulatory framework requires sports betting operators to affiliate with a monitoring body, positioning Aposta Ganha's IBIA membership as a strategic move to ensure compliance and integrity. Hugo Baungartner, Aposta Ganha's CCO, expressed enthusiasm about joining forces with IBIA, emphasizing a shared dedication to upholding sports integrity and securing betting customer safety.
Khalid Ali, CEO of IBIA, welcomed Aposta Ganha to the association, noting the operator's significant role in fortifying IBIA's presence in Latin America and globally. Ali highlighted Aposta Ganha's membership as a testament to the effectiveness and confidence in IBIA's approach to safeguarding the sports betting industry from corruption.
IBIA stands out as a non-profit entity, distinct in its operator-led approach to protecting regulated sports betting markets from match-fixing threats. With a global integrity monitoring network at its disposal, IBIA is a potent anti-corruption tool capable of detecting and reporting suspicious betting activities. The association's members, generating over $300 billion in annual betting turnover, represent about 50% of the global commercial regulated sports betting market.
A recent IBIA report, focusing on the Brazilian market, underscores the association's critical role in combating betting-related fraud. IBIA's commanding market share in Brazil, estimated at over 60% by H2 Gambling Capital, positions the association as a key player in efforts to deter match-fixing in the region. The IBIA's Q1 2024 report, revealing 56 alerts and subsequent sanctions against 21 clubs, players, and officials, demonstrates the association's impactful contribution to maintaining sports integrity.
Through this partnership, Aposta Ganha and IBIA are poised to lead the charge in ensuring a fair and secure betting landscape in Latin America, setting a new standard for sports integrity across the globe.
