Canadian Gaming Association has entered into a Memorandum of Understanding with International Betting Integrity Association, which provides a platform for collaboration between both organizations.
Each party has signed the MoU in order to build a stronger working relationship on integrity issues. This will help to protect Canadian sports betting and casino industries from corruption.
Paul Burns, President and CEO, 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.”
IBIA monitors betting transactions worth $137 billion annually. It represents many international and national sports betting operators. The Alcohol and Gaming Commission of Ontario recently accredited the organization in Canada.
CGA/IBIA will collaborate on several projects including detection of suspicious betting activity; use detailed market data for investigation and punishment of corruption; development of education activities to protect integrity of players and events; ensuring that customers only use legal betting channels; supporting other organizations to stop fraud.
Khalid Ali, IBIA CEO, said: “Protecting the integrity of the betting market in Ontario, and indeed the wider Canadian market, is very important to IBIA and its members. The CGA will play a key role in our efforts to reach out to key stakeholders regarding integrity and betting issues.
“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.”