STS said it has partnered with the International Betting Integrity Association and joined its Global Betting Monitoring and Alert Platform. The association said the platform includes more than 200 betting brands and monitors over US$300bn in sports betting volume annually.
STS's participation adds its betting activity to an integrity monitoring network used to identify and report suspicious activity.
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Holland Gaming Technology joined the International Betting Integrity Association, according to the report. The Dutch-licensed operator will take part in IBIA’s Global Monitoring & Alert Platform, which the report says links more than 90 companies and over 200 brands.
Oranje Palace has joined the International Betting Integrity Association, the parties announced. Holland Gaming Technology chief executive Tamas Mezosi said the membership would support cooperation on consumer protection and sports integrity.
The International Betting Integrity Association and the Chilean Association of Online Betting Platforms signed a memorandum of understanding to support online betting regulation in Chile. The groups said they will share regulatory information and international practices and promote approaches addressing consumer protection, market sustainability and sports integrity.
LBPay joined the International Betting Integrity Association’s Payment Providers Forum in Brazil, the organisations said. The forum brings payment providers and other stakeholders together to address illegal betting and payment risks in the regulated market.
The International Betting Integrity Association’s Payment Provider Forum published guidance for payment providers in Brazil on identifying and blocking financial flows linked to unlicensed sports betting operators. The guidance covers ongoing licence checks, risk-based transaction monitoring and due diligence, under rules that prohibit payment providers from processing transactions for unauthorised betting operators.