Buenos Aires Regulator and IBIA Join Forces to Safeguard Sports Betting Integrity
The Lotería de la Ciudad, the regulatory body responsible for overseeing sports betting in the City of Buenos Aires, has signed a memorandum of understanding (MoU) with the International Betting Integrity Association (IBIA).
This collaboration aims to enhance the integrity of the sports betting market in Buenos Aires by preventing unfair or fraudulent practices and discouraging match-fixing.
Details of the MoU
The MoU outlines a framework for cooperation between the Lotería de la Ciudad and IBIA. It focuses on the exchange of technical knowledge and information related to sports and betting integrity. Both parties will work together to promote a transparent, safe, and responsible sports betting environment in Buenos Aires.
IBIA is the world’s largest betting integrity monitor and is dedicated to ensuring the integrity of the sports betting sector. The association, which represents numerous sports betting brands and operators, has reported suspicious betting alerts on Argentinian sporting events in the past. By collaborating with IBIA, the Lotería de la Ciudad aims to strengthen its efforts in preventing and detecting fraudulent activities in the sports betting market.
The primary objective of this partnership is to combat match-fixing and unfair betting practices. IBIA will leverage its expertise in monitoring and identifying suspicious betting activity to protect the integrity of sports competitions in Buenos Aires. The Lotería de la Ciudad will benefit from IBIA’s global insights and experience in the sports betting industry.
The Lotería de la Ciudad’s collaboration with IBIA demonstrates its commitment to maintaining a fair and transparent sports betting market. By working together, both organizations aim to protect the interests of consumers, operators, and sports bodies by preventing and addressing fraudulent activities and match-fixing in Buenos Aires.