The International Betting Integrity Association (IBIA) has called for all parties in the supply chain of sports event data to adhere to global best practice standards.
The IBIA says it believes this is the most effective approach to protect the integrity of sport, its data, betting markets generated by that data, and consumers using the products.
Explaining the call CEO of IBIA, Khalid Ali, said:
“Upholding the reliability and credibility of sporting event data is of paramount importance for my members and the challenges posed by the pandemic have further highlighted the necessity for robust data chains. There is a clear benefit for everyone involved in the data supply chain in ensuring that such data is a product of high levels of accuracy and transparency.
“IBIA and its members have been considering this issue internally for some time and would like to go a step further and have a proper industry-wide debate. To that end, IBIA is asking all stakeholders, notably data providers, to proactively engage with the association and its members to develop and implement agreed best practice standards around the sale, collation, and distribution of sports data for betting.”
The IBIA is “run by operators for operators” and aims to protect its members from corruption through collective action. It runs a monitoring and alert platform that detects and reports suspicious activity on it’s members betting markets.
With many information sharing partnerships in place with leading sports and gambling regulators, the association represents the sector at high-level policy discussion forums including the IOC, UN, Council of Europe, and European Commission.
AYO.NEWS says:
With so many sports data providers, supplying an-ever growing volume of data, the importance of industry-wide standards and best practice is becoming pressing, so it’s good to see the IBIA is pushing for progress.
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