What the international organisations said
Graham Tidey, IBIA representative (pictured above, on the right), said currently, IBIA monitors 125 brands and over USD 300 billion annually, making it the largest independent monitoring and integrity entity in the world. “By 2025, we will have around 70% of the market as members of IBIA, representing the result of Brazilian regulations, which require companies to be part of monitoring and integrity entities for the good of the sector in the country,” he said.
IBIA operates through a voluntary platform of operators. It was founded by operators in 2005 and has since grown to defend the rights and interests of operators, the betting population, and regulators.“This service we will offer to the Brazilian government, free of charge, provides access to our insights on the betting market in Brazil, on fraudulent bets, and on our best practices and suggestions on how to increasingly improve the sector in the country,” said Tidey.
João Amaral, senior business development manager of Genius Sports in Latin America, said: “At Genius Sports, we take integrity very seriously. We have 160 partners around the world, including entities, leagues and federations, with whom we share data, information and technology, always intending to prevent any type of manipulation and fraud in sports that could tarnish the credibility of the sport.”