{"id":123656,"date":"2023-09-12T10:35:36","date_gmt":"2023-09-12T13:35:36","guid":{"rendered":"https:\/\/igamingbrazil.com\/uncategorized\/2023\/09\/12\/ibia-and-loteria-de-la-ciudad-de-buenos-aires-unite-to-strengthen-betting-integrity\/"},"modified":"2023-09-12T10:41:08","modified_gmt":"2023-09-12T13:41:08","slug":"ibia-and-loteria-de-la-ciudad-de-buenos-aires-unite-to-strengthen-betting-integrity","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/2023\/09\/12\/ibia-and-loteria-de-la-ciudad-de-buenos-aires-unite-to-strengthen-betting-integrity\/","title":{"rendered":"IBIA and Loter\u00eda de la Ciudad de Buenos Aires unite to strengthen betting integrity"},"content":{"rendered":"\n

The Loter\u00eda de la Ciudad de Buenos Aires and the International Betting Integrity Association (IBIA)<\/strong>, the body that monitors the betting<\/a> market, signed a memorandum of understanding on integrity in sports betting<\/a>.<\/p>\n\n\n\n

The agreement will contribute to the development of a regulated, transparent, safe and responsible sports betting <\/a>market, and to discourage all types of unfair or fraudulent practices and the manipulation of sports competitions in the City of Buenos Aires.<\/p>\n\n\n\n

Mart\u00edn Garc\u00eda Santill\u00e1n and Federico Cattadori, President and Manager of Gaming and Betting Control at Loter\u00eda de la Ciudad<\/strong>, signed this Memorandum with IBIA, which establishes collaboration guidelines for the exchange of technical knowledge and information related to the integrity of sports and betting .<\/p>\n\n\n\n

Khalid Ali, CEO of IBIA<\/strong>, said: \u201cIBIA is delighted to have reached an agreement with Loter\u00eda de la Ciudad to work collaboratively to protect sports, consumers and the regulated betting market against match-fixing.\u201d .<\/p>\n\n\n\n

\u201cThe association and its members will analyze betting across its global markets, which cover more than 137 billion dollars in sports betting<\/a> revenue per year, and will work closely with the Loter\u00eda de la Ciudad to identify and investigate any betting activity suspicious,\u201d he added.<\/p>\n\n\n\n

\"IBIA<\/figure>\n\n\n\n

As highlighted in the IBIA report, during the 2018 to 2022 period, the association reported 9 suspicious betting<\/a> alerts on Argentine sporting events, which represents approximately 9% of all 105 alerts reported in Latin America in that period (behind Brazil with 33 alerts, Dominican Republic with 11 and Mexico with 11).<\/p>\n\n\n\n

This alliance is beneficial for the Loter\u00eda de la Ciudad de Buenos Aires, as sharing information about suspicious betting activities will allow feedback on prevention and facilitate the improvement of actions to ensure the control and prevention of fraud.<\/p>\n\n\n\n

In turn, this comprehensive approach will ensure that steps are taken to mitigate any potential criminal maneuvers.<\/p>\n\n\n\n

\n

We are glad to announce that we signed a cooperation agreement with the City of Buenos Aires Regulator @Loteria_Ciudad<\/a>.This will contribute to the development of a regulated safe and responsible sports betting<\/a> market, and discourage potential manipulation of sports competitions\ud83d\udc47<\/p>— International Betting Integrity Association (@IBIA_bet) September 11, 2023<\/a><\/blockquote>