Spelinspektionen, the Swedish Gambling Authority (SGA), and the International Betting Integrity Association (IBIA) have signed a memorandum of understanding (MoU) on sports betting integrity.
The MoU will see both parties share information concerning suspicious betting activity identified in Swedish sports. IBIA represents the majority of the SGA-licensed betting market, which industry data and intelligence company H2 Gambling Capital valued at SEK 4,690 million in sports betting GGR in 2022.
Khalid Ali, IBIA CEO, said: “IBIA is delighted to have reached this agreement with the Swedish Gambling Authority. The association is focused on working closely with the SGA to maintain the integrity of Swedish sports and the regulated betting market.
“IBIA will utilize its global customer account transaction data to identify and report suspicious betting on Swedish sporting events to the SGA and engage in any related investigatory actions. Maintaining the integrity of the market is of paramount importance.”
Camilla Rosenberg, SGA Director-General, said: “It is very important to us that information is shared regarding suspicious betting activity in order to maintain the integrity of sports.
“Therefore, we are delighted to have reached this agreement with IBIA which will be beneficial to our coordination of the national platform and general work against match-fixing. We look forward to our cooperation with IBIA.”
In December 2023, the Swedish Government notified the European Commission that they intend to amend the country’s Gambling Ordinance. The changes include proposals to make Sweden fully compliant with the Macolin Convention and for SGA to set up and run a platform for itself, licensed betting operators, and national sports federations to share information about suspected match-fixing.
IBIA is a global non-profit organization that seeks to uphold integrity in the sports betting sector. The association notes that its membership includes nearly 50 companies and over 125 sports betting brands with over $137 billion in betting turnover per annum.
IBIA’s Q3 2023 integrity report detailed 50 alerts reported in the quarter; the association’s Q4 and annual report for 2023 will be published in the coming weeks.
The association reported 268 alerts to the authorities in 2022, with successful sporting or criminal sanctions against 15 teams, officials, or players where IBIA had reported suspicious activity on their matches.
Original article: https://www.yogonet.com/international/noticias/2024/01/18/70449-swedish-gambling-authority-ibia-sign-mou-to-drive-sports-betting-integrity-in-the-country
