A non-profit organization, the IBIA is active on six continents and operates a highly effective anti-corruption monitoring and alert network
Galera.bet, a sports betting brand of Match Time Solutions BV, has joined the International Betting Integrity Association (IBIA). The online operator is primarily focused on Brazil and this decision fulfils its regulatory obligation under the recently-published Provisional Measure to join an international body for monitoring sports integrity.
Galera.bet is an official sponsor of the Campeonato Brasileiro Série A, the Brazilian Basketball Confederation and Brazilian 3×3 Basketball Tour. The operator joins nearly 50 companies and over 125 leading sports betting brands in IBIA, further strengthening its position as the world’s leading operator-run integrity monitoring body.
The IBIA announced its expansion into Brazil earlier this year ahead of the expected regulation of the market. The Brazilian government’s subsequent Provisional Measure published on July 25 includes a requirement for licensed operators to be part of an international body for monitoring sports integrity.
According to H2 Gambling Capital, the leading independent authority on global gambling market data, IBIA members are estimated to already account for over 60% of the Brazilian remote gambling market. That leading market position will enable the IBIA to provide a highly accurate analysis and effective deterrent against betting related fraud, making it uniquely positioned to support a crack-down on match-fixing in Brazil.
Galera.bet is committed to working in partnership with the IBIA to prevent and detect corruption in sport and to offer a reliable product to its customers.
“We are honored to work with the IBIA and to be able to reinforce our purpose of developing business with integrity as our priority,” the Chief Executive Officer for Galera.bet, Marcos Sabiá, said. “We believe that collaboration between partners is extremely important to protecting the integrity of sport and betting markets from corruption. We hope this is the beginning of a long and successful partnership.”
“We welcome Galera.bet’s decision to join the IBIA, which further strengthens the IBIA’s position ahead of the Brazilian market opening,” the Chief Executive Officer for the IBIA, Khalid Ali, said. “It recognizes the unique benefits of the IBIA’s operator-run integrity monitoring network and its ability to track members’ individual consumer transactional activity rather than just analyzing simple odds movements. No other sports integrity solution provides access to this data which covers over US$137 billion in annual betting turnover, making the IBIA the largest and most effective integrity network of its kind globally.”
The IBIA is a not-for-profit body that has no competing conflicts with the delivery of commercial services to other sectors and is run by operators for operators to protect regulated sports betting markets, especially for sports and consumers, from match-fixing. The IBIA’s global monitoring network is a highly effective anti-corruption tool, detecting and reporting suspicious activity in regulated betting markets. Through the IBIA monitoring network, it is possible to track transactional activities linked to individual customer accounts.
Responsible regulated sports betting operators have a significant incentive to help crack-down on match-fixing and the IBIA intends to be at the forefront of that preventative action in Brazil. As part of that process, the IBIA has signed a sports betting integrity protection agreement with the Brazilian Institute of Responsible Gaming (IBJR). The IBIA will be providing integrity services for its members licensed in Brazil and is open to membership applications from other operators seeking to be active in this and other markets.
All IBIA members are required to pass a strict due diligence process and commit to its code of conduct. The association recently released its Q2 integrity report detailing 50 alerts reported in the quarter. The IBIA reported 268 alerts to the authorities in 2022 with successful sporting or criminal sanctions against 15 teams, officials or players where the IBIA had reported suspicious activity on their matches.
PRAGMATIC PLAY GROWS EVEN FURTHER IN BRAZIL WITH JOGAR.COM.VC
Pragmatic Play, a leading content provider to the iGaming industry, has maintained its market-leading position in Brazil, signing an operator agreement with Jogar.com.vc in one of Latin America’s most flourishing markets.
More Brazilian players than ever before will be able to enjoy Pragmatic Play’s extensive portfolio of games as a result of this new partnership with award-winning classics such as Gates of Olympus™ and Sugar Rush™ alongside more recently released titles such as Zeus vs Hades – Gods of War™.
Live Casino fans will be delighted by the inclusion of player-favourite games such as Sweet Bonanza CandyLand™ and PowerUP Roulette™, alongside classic table games with intriguing twists.
Virtual Sports content is set to complement the huge library of Slots and Live Casino, delivering cutting-edge 3D renderings of popular sports such as horse and greyhound racing, football and motorsport.
Another multi-discipline deal in the region, this latest agreement with Jogar.com.vc follows several similar recent partnerships and strengthens Pragmatic Play’s position at the fore of the burgeoning Latin American iGaming and betting market.
Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “This is yet another delightful agreement for Pragmatic Play to sign. Its continued success with new partnerships across Brazil and Latin America as a whole shows that the brand is producing the content that players here want and are trusted to deliver them efficiently and with a speed to market that operators demand.
“I’m confident this relationship between Pragmatic Play and Jogar.com.vc will achieve just the right kind of results they’re both expecting.”
A representative from Jogar.com.vc said: “Pragmatic Play is one of the most requested content developers by players here in Brazil and so we had to ensure we had its full complement of games and products. This new deal gives us just that and empowers us to be more competitive than ever in a crowded and growing space.”
BMM Testlabs Is Ready to Perform Compliance in Three Brazilian States that have Authorized iGaming
BMM Testlabs, the world’s original gaming test lab and product certification consultancy, today announced that it is ready to perform compliance testing and certification in the three Brazilian states that have recently regulated iGaming and sports betting; Rio de Janeiro, Paraiba and Parana.
These three states are all in the process of granting operator licenses, which will allow operators to provide fixed-odds sports betting, casino games and games of skill.
BMM Testlabs, as part of its commitment to the Brazilian market, is establishing a local presence to serve the newly regulated Brazilian iGaming markets. BMM Testlabs will provide its full suite of compliance services and solutions including pre-compliance testing, customized security audits, geolocation testing and software quality assurance.
This exciting milestone is the result of BMM Testlabs’ exceptional service to the global gaming industry, its commitment to the Latin America market for more than 16 years and the strong partnerships it has forged with regulators throughout the region.
BMM Testlabs is a trusted independent testing laboratory for compliance services throughout Latin America with offices in Argentina and Peru. The company’s unparalleled understanding of the region’s technical compliance requirements, high-quality product testing and dedicated local customer support services ensures customer confidence in their choice of a testing laboratory.
BMM Testlabs’ Executive Vice-President of Europe and South America, Marzia Turrini (pictured), expressed enthusiasm for the momentum in Brazil and the potential for growth, saying: “We look forward to partnering with operators and suppliers to provide our best-in-class compliance and certification services for this new and potentially huge gaming market in Brazil”.
Betsul Appoints Fernando Garita as New CEO
Latin American sportsbook operator Betsul has announced the appointment of Fernando Garita as its new CEO.
With more than two decades of expertise in the gaming industry sector, Garita served as regional director and director of business development at Betcris, in addition to having an extensive portfolio of projects throughout Latin America, as well as Asia.
In his academic career, Fernando has numerous credentials, including a certificate from the University of Michigan, in the leadership program for managers Certificacion en Transformacion Digital.
The new CEO also has a series of CDP and CPD certificates, in categories such as responsible gaming, data protection and anti-money laundering, in addition to being a member of IMGL (International Master in Gaming Law), a non-profit foundation that brings together the main industry experts focused on healthy market development and expansion. Garita is also an international speaker at major industry events and an active member of associations such as AIEJA and CIBELAE.
Betsul Group highlights that the entry of an executive with such experience in international markets reinforces the company’s growth objectives. “We are confident that their strategic vision and pursuit of excellence will help us remain at the forefront of the sector and provide exceptional services to our customers in various locations,” said Betsul Group.
With this new addition to the workforce, Betsul reaffirms its commitment to continuing to offer the best experience to its customers.
- Hacksaw Gaming Debuts DraftKings Partnership in New Jersey
- Jackpot Digital Receives License to Install Three Jackpot Blitz(R) ETGs at Jackson Rancheria Casino Resort in California
- iGaming Ontario to Request Proposals for a Centralized Self-Exclusion Solution in Early 2024
- A $1 Million Amenity is Coming to the Former Buffet Space at Golden Nugget Casino Biloxi
- Kindred Group Announces North America Exit and Actions to Accelerate Profitable Growth
- Elys Game Technology Bets Big on U.S. Market with Third Location
- Global Esports Federation Reveals Season 4 of Global Esports Tour from Rio De Janeiro
- Gamescom Latam Set to Start in June 2024 in São Paulo
- Rivalry Corp Reports Record Third Quarter 2023 Results, Reaffirms H1 2024 Profit Guidance
- SPORTSNET PARTNERS WITH SPORTRADAR TO PROVIDE DATA-RICH CONTENT TO THE CANADIAN MARKET
- PRAGMATIC PLAY GROWS EVEN FURTHER IN BRAZIL WITH JOGAR.COM.VC
- West Virginia signs up to multistate poker compact
- EveryMatrix partners with Caesars Digital
- Gillette named as the Official Partner of the Esports Awards
- Swifty Global Secures GLI Certification for New Cutting-Edge B2B Gaming Platform
Gambling in the USA5 days ago
Santa Came Early for NJ Woman Who Hit the IGT Megajackpot at Betrivers for Over $660,000 on $0.60 Cent Bet
Gambling in the USA4 days ago
NYC Agency Aims to Streamline Casino Application Process, But Critics Warn of Potential Community Exclusion
Canada5 days ago
Expanse Studios Forges Super Prospective Media Partnership with SlotsOnlineCanada.com
eSports4 days ago
Exclusive Q&A w/ Gary Denham, founder and CEO of Wamba Technologies and Gamer’s Oasis
Compliance Updates2 days ago
Jackpot Digital Receives License to Install Three Jackpot Blitz(R) ETGs at Jackson Rancheria Casino Resort in California
Latest News3 days ago
EveryMatrix partners with Caesars Digital
Canada5 days ago
MDC Showcases Exciting $5 Crash Gambling Offer for Canadian Players
eSports3 days ago
Gillette named as the Official Partner of the Esports Awards