Soft2Bet Strengthens Integrity Monitoring with IBIA Membership In Ontario
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Soft2bet obtained its Certificate of Registration from the Alcohol and Gaming Commission of Ontario (AGCO) at the end of March, where the business's Ontario-focused brand Tooniebet.com will now feed into IBIA's world-leading sports wagering stability tracking platform before around the world execution in the coming months.

IBIA consists of over 50 of the world's leading sports betting and video gaming business, who run over 125 sports betting brands. Soft2Bet's choice to sign up with the association even more reinforces its own internal betting stability procedures and IBIA's position as the world's leading sports betting stability tracking body.

David Yatom Hay, General Counsel at Soft2Bet, commented: "Soft2Bet is thrilled to be signing up with the IBIA as we enhance our own betting integrity monitoring processes and play our part in enhancing the IBIA's long-standing deal with this key problem. Ontario is a world class iGaming jurisdiction; it will be the very first market where we will execute our IBIA subscription and we anticipate deploying the tracking facilities worldwide in all the other markets in which we operate."

Khalid Ali, CEO of IBIA, said: "Soft2Bet is a very welcome addition to IBIA, even more strengthening our position in the Ontario market. The operator's choice to join IBIA demonstrates its desire to make use of the very best integrity defense readily available for its sportsbook product. The association is pleased to be able to incorporate Tooniebet within our stability tracking system and eagerly anticipates working carefully with Soft2Bet to preserve the high integrity of its sportsbook."

IBIA is a not-for-profit body that has no completing conflicts with the delivery of to other sectors and is run by operators and for operators to protect regulated sports wagering markets from match-fixing. IBIA's international monitoring network is a highly reliable anti-corruption tool, finding and reporting suspicious activity in managed wagering markets.

Through the IBIA tracking network it is possible to track transactional activities connected to specific client accounts. IBIA members create more than $300bn in yearly wagering turnover (handle), accounting for around 50% of the global business controlled land-based and online sports betting sector, and in excess of 50% for online alone.

IBIA recently launched a report on the Availability of Sports Betting Products which highlighted Ontario as a leading regulated gambling jurisdiction, with an expected onshore channelisation for sports wagering of 92% in 2024 forecast to rise to 97% in2028. IBIA presently represents over 60% of the personal sports wagering operators accredited in the province. All online sportsbetting operators licensed in Ontario are needed to be part of a betting stability monitoring body.

IBIA's Q1 2024 report detailed 56 informs throughout the quarter. IBIA notifies contributed to the investigations and subsequent successful approving of 21 clubs, players and authorities in 2023, an increase on the 15 sanctioned in 2022.