VBET has joined the International Betting Integrity Association (IBIA).
The Newest member of IBIA
The VBET brand will now feed into IBIA’s global betting integrity monitoring and alert platform. The operator joins many of the leading regulated sports betting operators in the world. The association’s members account for over $137bn (€115bn) in global betting turnover per annum and nearly 50% of all regulated commercial operator online betting activity.
Founded in 2003, VBET has since expanded from its initial retail business into online gambling and currently has sponsorship deals with AS Monaco and Portsmouth football clubs.
The International sports betting brand is part of Vivaro Limited. It’s licenced to operate in Great Britain, Malta, France, and Sweden, with applications pending in a number of other jurisdictions.
The Impressions
Tigran Harutyunyan, Head of Trading and Sports Unit at VBET commented on the latest development.
“We are delighted to be joining the membership of the International Betting Integrity Association and we look forward to our mutual collaboration. We offer markets on over 120 sports globally, so helping to maintain the integrity of the sporting events we offer to our customers is vital. The IBIA’s global reputation for dealing with sport integrity issues is unparalleled and this partnership underlines our commitment to providing our customers with the fairest offering possible.”
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 platform 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 utilise its data and prosecute corruption. It represents the sector at high-level policy discussion forums such as the IOC, UN, Council of Europe and European Commission.