Philadelphia-based Sporttrade, the only sports trading market place in the US, this week announced its membership to the International Betting Integrity Association (IBIA). Sporttrade is managed by an experienced team of professionals from backgrounds in sports betting and capital markets.
Alex Kane, Founder and CEO of Sporttrade said that the IBIA membership will complement the use of leading integrity technology such as Nasdaq’s market surveillance and will equip Sporttrade to offer “fair, transparent, and efficient open sports betting markets”.
The International Betting Integrity Association promotes transparency for the licensed betting industry. It protects members from corruption by reporting suspicious activity detected in its members’ betting markets. The association’s members account for 70 per cent of regulated online revenue in global betting.
Members undergo a rigorous due diligence process and must adhere to IBIA’s code of conduct whilst committing to champion responsible betting practices. The Association shares partnerships with leading sports bodies that include FIFA, UEFA, ITIA and IOC as well as collaborations with leading gambling regulators where data is collected and utilised to prosecute corruption and suspicious trading deals.
CEO of IBIA, Khalid Ali, said that the association “is delighted to welcome another North American operator “.
ADVERTISEMENT
Continue Reading
Continue Reading
Pjazza 1902: New hotspot blends community engagement and B2B offerings
The entertainment hub, which has recently opened in Pembroke after a lengthy period of meticulous restoration, serves up a gamut of dining, fitness, business and leisure opportunities
Regulatory
Gavin Isaacs steps down as Games Global chairman to take on new role as Entain CEO
His appointment comes into effect from September 2024, and will see him remain on the board of Games Global as an independent non-executive director
Regulatory
Third-largest cryptocurrency exchange OKX selects Malta as its MiCA hub
Under the MiCA framework, OKX plans to offer spot trading (including EUR and USDC pairs) in addition to buy, sell, convert and staking services to qualified EU residents through Okcoin Europe Ltd
Regulatory
GO’s Enterprise Solutions geared to deliver end-to-end business technology
The telecoms firm prioritises holistic and scalable solutions for its corporate clients, says Arthur Azzopardi, Chief Officer at GO Business.