In Front Of The Pandemic Covid-19 Ibia Recorded The Growth Of Suspicious Rates
The international honesty association (ibia) reported to the relevant authorities on 61 cases of suspicious sports rates during the first quarter of 2020.
It is known that the total number of such cases is higher than 36% compared with the figures of the fourth quarter for 2019 and 65% higher than in the first quarter of last year. It specified that ibia members recorded the growth of suspicious activity in the field of rates in mid-march, a week to universal movements of sports events.
Ceo of ibia khalid ali in his statement said that even though the focus of the industry is paid to the availability of the industry is paid to the availability of services and business efficiency, after all, it is necessary to remember the vulnerability of sports events in terms of corrution, as well as related rates, which in the result is a threat to the income of operators.
By the way, russian bc declare the suspension of work due to covid-19.
Ibia representatives expect even after a certain lull of a threat to business will still increase, because sporting events will be restored, and returns to rates will return to previous positions. Ibia will continue to use its global market monitoring platform to protect its representatives and sports industry from fraudulent operations. According to members of the association, the integrity of products and confidence from consumers will be the key to the restoration of the sector.
Additional data for the fist quarter of 2020:
- 44% of warnings regarding sports events held in europe;
- 31 alerts about suspicious frauds in tennis and 18 alerts in football;
- 15 alerts announced a week before global abolition of sporting events and 7 announced alerts from the moment the global abolition of large-scale competitions;
- Russia, where 11 alerts were noted, entered the ranking of countries in suspicious rates.
Ibia is the world leader in the field of honest betting. The association is designed specifically to protect gambling operators from the effects of corruption. The monitoring and notification platform of the association is today a highly efficient anti-corruption instrument, which reports suspicious activity in the rates market.
Recall that i brought an epidemic of coronavirus world market of bookmakers – the fall of the industry and the flourishing of virtual sports.