Esports bookmaker LOOT.BET has announced a partnership with the Esports Integrity Commission (ESIC).
As an ESIC Anti-Corruption Supporter, LOOT.BET will become part of its betting alert network, supplying the organisation with internal data to help initiate and conduct investigations into suspicious activities including match-fixing and betting fraud.
With a mission to safeguard the integrity and transparency of esports, ESIC has been operating as a non-profit organisation, uniting various esports companies and organisations, since 2016.
According to ESIC, the number of betting alerts possibly connected to match fixing nearly doubled in 2018 compared to 2017, up from 39 to 74. To combat the rising trend, and other threats to esports, the organisation is continuously expanding its Members and Supporters list.
Commenting on the news ESIC Commissioner, Ian Smith, explained:
“In reaching our goal which is to make esports as fair as possible, bookmakers play a crucial role since their internal data analysis makes it easier to recognize the signs of a rigged match.
“We’ve been working in cooperation with LOOT.BET for months by now, and the bookmaker proved their readiness for full collaboration and has already helped us in one of our investigations. We’re glad to officially welcome LOOT.BET as our new Anti Corruption Supporter. We believe that signing the Memorandum of Understanding with them is another step towards the future where esports is free from corruption and fraud”.
While Head of Communications at Livestream Ltd, the operator of LOOT.BET, Paul Brel, added:
“As a major esports bookmaker, we’re deeply interested in high trust not only in our brand in particular but in betting and esports in general. That’s why for us, being a part of the ESIC’s mission in both an honor and in a certain degree a pleasant need.
“ESIC’s infrastructure, experience, and expertise will help us and the whole industry to more effectively detect match-fixing and protect ourselves as well as our customers from possible harm caused by third party’s illicit activities. Besides, we’re happy to join ESIC as a regular sponsor of esports events since, in this status, we’re standing for those tournaments’ integrity more than anyone else.”
Since launching in 2016, LOOT.BET has actively supported the esports industry, partnering with studios and operators including StarLadder, Maincast and UCC, sponsoring numerous professional events including 2018’s StarLadder StarSeries & iLeague and Invitational series, iBUYPOWER Masters IV, the LOOT.BET/CS, LOOT.BET/DOTA and LOOT.BET HotShot Series Leagues, and UCC Summer Smash.
AYO.NEWS says:
Its fantastic to see LOOT.BET taking a proactive role in combating corruption in esports, and we hope all other bookmakers offering esports betting do the same. Though it seems that corruption isn’t anywhere near as bad in esports as it is in some traditional sports at the moment, its going to be far easier to nip it in the bud now and keep on top of it, than letting it turn into a serious problem and then trying to deal with it… like they did with tennis, for example (read more).
AYO.NEWS says features the opinion of the author and does not necessarily reflect the views of Pentagon Digital Limited.
