IBIA Reports 42 Suspicious Betting Alerts in Q3 2024 as Football and Tennis Lead
The International Betting Integrity Association (IBIA) has released its third-quarter report for 2024, showing a significant reduction in suspicious betting alerts across global sports. The report highlights a total of 42 alerts, marking a 54% decrease from the previous quarter and a 16% drop compared to the same period last year.
Alerts Overview and Key Sports
The IBIA’s monitoring system, which covers over 125 betting brands and more than $300bn in annual betting turnover, identified alerts across five sports in 18 countries and five continents.
Football and tennis accounted for the largest share, with each sport registering 14 suspicious cases, together making up 67% of all reported incidents.
European Sports Events and Esports
European sporting events were responsible for 14 alerts, making up 33% of the total alerts. This represents a decrease from the 20 alerts recorded in the second quarter.
Esports, a sector that saw a surge in alerts earlier this year, experienced a dramatic 75% reduction, with only 12 alerts reported, down from 48 in the previous quarter.
Insight from IBIA CEO
Commenting on the findings, IBIA CEO Khalid Ali stated: “The third quarter saw football and tennis register the highest number of alerts, albeit those numbers are in line with those seen in recent years and, in the case of tennis, represent a significant decrease compared to its peak.”
Ali also pointed to the notable decline in esports alerts: “It should also be noted that esports alerts fell back to more normal levels in Q3, following an increase during Q1 and Q2 that was primarily the result of a linked case.”
Outlook for Global Football Betting
In addition to addressing the current alerts, the Q3 report highlighted the expected growth of global football betting markets.
Projections indicate that football betting is set to generate $500bn in turnover and $46.3bn in gross win by the end of 2024.