Aposta Ganha, a sports betting operator based in Latin America, has joined the International Betting Integrity Association (IBIA), strengthening the association’s presence in the region.
The company was launched six years ago and aims for greater international growth, mainly in Brazil. The bookmaker intends to seek a license in Brazil, as all sports betting operators will be required to join a monitoring body.
Aposta Ganha will join 50 other companies in the sector
Aposta Ganha will now power IBIA’s world-leading integrity monitoring network. There are more than 50 sports betting companies that operate more than 125 brands worldwide.
Aposta Ganha entered the Mexican market earlier this year with its localized brand, and will work with IBIA to combat corruption and match-fixing.
Hugo Baungartner, CCO at Aposta Ganha, said: “We are proud to partner with IBIA. We share full commitment to protecting the integrity of sports and the safety of betting customers.”
“Thus, through our association, together with other leading companies, we are excited to contribute to the important work that IBIA does,” he added.
Khalid Ali, CEO of IBIA, said: “IBIA is pleased to welcome Bet Win to our membership of leading global sports betting companies. The operator further strengthens our position in the Latin American region and globally.”
“Thus, Aposta Ganha’s decision to join IBIA is another vote of confidence in the association and in the success of its approach to protecting the businesses of its betting operator members from corrupt practices. Ensuring the integrity of the product is of paramount importance and We look forward to integrating Aposta Ganha into our monitoring network,” added Ali.
Who is IBIA
IBIA is a non-profit organization that has no competing conflicts with the provision of commercial services to other sectors. It is managed by operators so that operators protect regulated sports betting markets against match-fixing.
Therefore, the global integrity monitoring network is a highly effective anti-corruption tool. The entity detects and reports suspicious activity in regulated betting markets.
Then, through the monitoring network it is possible to track transactional activities linked to individual customer accounts. IBIA members generate more than US$300 billion in annual betting revenue.
Report
This represents approximately 50% of the global regulated commercial sector of physical and online sports betting, and more than 50% online only. IBIA recently released a report on the Availability of Sports Betting Products that includes a focus on the Brazilian market.
According to H2 Gambling Capital – the main independent authority on global gaming market data – it is estimated that IBIA members account for more than 60% of the Brazilian remote gaming market.
Therefore, this market-leading position will enable the entity to provide highly accurate analysis and effective deterrence against betting-related fraud. It is an instrument to support the repression of match-fixing in Latin America.
The Q1 report detailed 56 alerts during the quarter. IBIA’s warnings contributed to investigations and subsequent successful sanctions of 21 clubs, players and officials in 2023.