711 Partners with Integrity Body IBIA For Netherlands Sportsbook
All licensed sportsbooks are statutorily required to engage with a sports betting stability tracking body in the Netherlands.
The operator joins over 50 companies and 125 sports wagering brands that feed into IBIA's world leading wagering stability network for operators. 711's membership maintains IBIA's position as the foremost sports wagering stability screen in the Netherlands, with the association representing around 90% of the certified sportsbooks presently in operation in the country.
Gilles De Backer, COO of 711, stated: "711 has been reside in the Netherlands because April 2022 and has a strong casino item which is now being completed with a sportsbook from Kambi. We're extremely pleased to lastly invite the sportsbook together with our casino product on 711. nl. and to protect our sportsbook's stability by incorporating it within IBIA's global monitoring system."
Khalid Ali, CEO of IBIA, stated: "IBIA is thrilled that 711 has picked IBIA as its integrity keeping an eye on partner for its sportsbook in the Netherlands. The choice to join IBIA shows the company's desire to use the very best integrity defense offered for its sports wagering item and more expands IBIA's tracking network in the Netherlands. IBIA looks forward to working closely with 711 and to securing its business from corrupt betting activity."
IBIA is a not-for-profit body that has no contending disputes with the delivery of business services to other sectors and is run by operators, for operators, to protect regulated sports wagering markets from match-fixing. IBIA's worldwide monitoring network is a highly effective anti-corruption tool, identifying and reporting suspicious activity in regulated wagering markets.
Through the IBIA global tracking network it is possible to track transactional activities linked to private consumer accounts. IBIA members have more than $300bn per year in wagering turnover (manage), accounting for around 50% of the worldwide industrial controlled land-based and online sports wagering sector, and in excess of 50% for online alone.
IBIA's just recently released Q2 report in-depth 90 suspicious betting informs reported during the quarter to the relevant authorities. IBIA alerts added to the investigations and subsequent effective sanctioning of 21 clubs, players and officials in 2023.