Canadian Gaming Association signs memorandum of understanding with IBIA
The Canadian Gaming Association has signed a Memorandum of Understanding with the International Betting Integrity Association.
The Canadian Gaming Association (CGA) has announced that it has signed a Memorandum of Understanding (MoU) with the International Betting Integrity Association (IBIA). The goal of the MoU is to provide a framework for cooperation and coordination on betting and related integrity issues and to protect the Ontario and wider Canadian market from corruption.
The two trade associations have agreed to explore and establish cooperative projects and partnership working in areas of mutual interest. The CGA and IBIA will be equal partners in those projects, which may involve a wide range of activities, including promoting the commercial and related integrity interests of the associations’ members, and establishing a viable regulated betting market with high channeling rates and integrity protection measures. Many existing IBIA operators are also members of the CGA.
Khalid Ali, CEO of IBIA, said: “Protecting the integrity of the betting market in Ontario, and indeed the wider Canadian market, is very important to IBIA and its members. We will be seeking to engage with a wide range of key stakeholders on betting and integrity related issues and see the CGA as a pivotal partner in the achievement of that goal.
“The CGA has been a driving force behind the evolution of regulated betting in Canada and IBIA views it as a valued and critical partner in the continued development of the sector and in placing sporting and betting integrity at the forefront of that.”
Paul Burns, president and CEO of the CGA, commented: “IBIA will be one of only a handful of sports integrity monitors recognised by the Alcohol and Gaming Commission of Ontario for licensed operators, and we believe there is great value in deepening our relationship with the organisation.
“As the CGA looks ahead to the opening of Ontario’s iGaming market and the expansion of sports betting products and services across Canada in 2022, the protection of athletes and integrity of sports betting is a key priority.”
The International Betting Integrity Association (IBIA) has launched its integrity monitoring services in the United States and Canada. The integrity body has already obtained licences in Arizona, Colorado, Indiana, Michigan, New Jersey, New York and Wyoming, and more are pending. The launch is supported by major operators FanDuel and DraftKings.
Currently IBIA’s integrity system monitors 60 per cent of the US online betting market. The system can detect and report suspicious betting transactions and behaviors through customer data analysis.
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