DraftKings becomes latest IBIA member

By Iqbal Johal

DraftKings has joined the International Betting Integrity Association (IBIA) aimed at protecting the integrity of professional sports.

The US-based fantasy and sports betting operator and supplier will share information on suspicious betting with other IBIA member operators, to help strengthen the sports betting integrity body’s global monitoring and alert platform.

The operator powers sports betting for more than 50 operators covering more than 15 regulated US and global markets, and its clients will be able to benefit from IBIA’s platform via DraftKings, without being classed as part of the association.

The operator-run IBIA aims to protect its members from corruption through collaborative action, and its monitoring and alert platform acts as an anti-corruption tool which detects and reports suspicious activity on its members’ betting markets.

IBIA CEO Khalid Ali, said: “The addition of DraftKings’ sportsbook trading platform provides a significant boost to IBIA’s already extensive global regulated sports betting market and customer monitoring capabilities.”

DraftKings chief compliance officer Tim Dent, added: “The company places the protection of its client’s businesses, consumers and sporting events from corruption at the forefront of our corporate strategy.

“This agreement provides DraftKings’ private operator sportsbook clients with unparalleled trading and risk management protection.”

In April, the IBIA reported 61 incidents of suspicious betting activity for Q1 2020, representing a 36% quarter-on-quarter rise and a 65% year-on-year increase.

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