20 April 2022: International sports betting brand VBET, which is part of Vivaro Limited and has licences to operate in Great Britain, Malta, France and Sweden, with applications pending in a number of other jurisdictions, has joined the International Betting Integrity Association (IBIA). Founded in 2003, the brand has since expanded from its initial retail businesses into online gambling and currently has sponsorship deals with AS Monaco and Portsmouth football clubs.
The VBET brand will now feed into IBIA’s global betting integrity monitoring and alert platform. The operator joins many of the leading regulated sports betting operators in the world, with the association’s members accounting for over C$160bn (€115bn) in global betting turnover per annum and nearly 50% of all regulated commercial operator online betting activity.
Tigran Harutyunyan, Head of Trading and Sports Unit at VBET said: ““We are delighted to be joining the membership of the International Betting Integrity Association and we look forward to our mutual collaboration. We offer markets on over 120 sports globally, so helping to maintain the integrity of the sporting events we offer to our customers is vital. The IBIA’s global reputation for dealing with sport integrity issues is unparalleled and this partnership underlines our commitment to providing our customers with the fairest offering possible.”
The International Betting Integrity Association is the leading global voice on integrity for the licensed betting industry. It is run by operators for operators, protecting its members from corruption through collective action. Its monitoring and alert platform is a highly effective anti-corruption tool that detects and reports suspicious activity on its members’ betting markets. The association has longstanding information sharing partnerships with leading sports and gambling regulators to utilise its data and prosecute corruption. It represents the sector at high-level policy discussion forums such as the IOC, UN, Council of Europe and European Commission.
About the International Betting Integrity Association
The International Betting Integrity Association is the leading global voice on integrity for the licensed betting industry. Our members share a common goal of combating betting corruption to protect the integrity of sport and their businesses. Established in 2005 and formerly known as ESSA, we are a not-for-profit association whose members include many of the world’s largest regulated betting operators, active across six continents. Members undergo a rigorous due diligence process and must adhere to our code of conduct committing them to responsible betting practices.
The International Betting Integrity Association’s Monitoring & Alert Platform is a highly effective anti-corruption tool that detects and reports suspicious activity on its members’ betting markets. The bespoke system tracks transactional activity linked to individual consumer accounts, clearly distinguishing it from commercial monitoring systems focused on simple odds movements. The association has longstanding information sharing partnerships with leading sports bodies including FIFA, UEFA, the ITIA and the IOC and many gambling regulators to utilise this data and prosecute corruption. The association maintains a policy of transparency and publishes quarterly integrity reports analysing activity reported on the Platform.
VBET is an award winning, well established and constantly developing global company, with over 19 years of experience in the gambling industry. With 65,000 pre-match and 40,000 live matches each month, not to mention great odds, live sports streaming, exclusive betting promotions and welcome offers, VBET Sportsbook has something for everyone. VBET also provides over 2,000 Casino games, Live Casino, Virtual Sports, Esports and much more.
VBET is expanding in the global market already having Vbet.co.uk, Vbet.fr, Vbet.de and Vbet.se operating in UK, France, Germany, and Sweden respectively, with more countries coming. VBET is committed to providing its customers with a safe, simple, and flexible environment for gambling.