The International Betting Integrity Association has increased its efforts to fight sports-betting fraud in Colombia by linking up with the country’s Federation of Entrepreneurs of Games of Luck and Chances
A Memorandum of Understanding (MOU) was inked between the two entities, in which it was decided that they intend establishing joint projects to protect the integrity of sports and sports betting operators in Columbia.
The CEO of IBIA, Khalid Ali, said that the group was happy to collaborate with the Federation in a bid to tackle match-fixing.
“The establishment of the Colombian National Committee for the prevention of manipulation of sports competitions is the first of its kind in the Latin American region,” said Ali. “Fecoljuegos played an important role in its launch and we fully support the call for integrity provisions to be included in the gambling legislation”.
Global Body Fighting for Sports Betting Integrity
The IBIA monitoring system, which covers $137 billion in betting transactions each year, is considered the leading voice for integrity and fairness in the licensed sports betting industry.
It picks up and reports suspicious betting patterns, helping authorities around the world bring criminal sanctions against teams or players.
In the past four years, IBIA has alerted 120 cases to Latin America authorities, nine of which took place in Columbia