AFC Collaborates with IBIA to Take a Stand Against Match-Fixing
The Asian Football Confederation (AFC), the sports governing body in the area, has announced it has signed a Memorandum of Understanding (MoU) with the wagering monitoring organization, International Betting Integrity Association (IBIA), in a move to protect football against match-fixing in the region.
AFC and IBIA partner to tackle potential match-fixing in the region.
LISTEN TO THIS ARTICLE:This is a four-year deal and both parties state they are trying to create a betting environment for football in Asia that is fair and promotes the highest integrity. They believe that using the IBIA will reduce any chance of match-fixing and corruption in the sport, with a global betting market that is estimated to be more than $300 billion.
Cooperation is a vital part of any effective integrity monitoring and investigatory framework and IBIA is delighted to be able to strengthen its relationship with the AFC through this important information-sharing collaboration. For its part, IBIA will seek to safeguard the AFC ecosystem by utilizing the monitoring of its members’ global customer account activity, which covers over $300bn in sports betting per annum.
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IBIA to Utilize Its Monitoring and Alert Platform
In a breakdown of the details of the collaboration, IBIA supplies its Monitoring and Alert Platform which can monitor up to tens of thousands of transactions on matches in the AFC jurisdiction.
The Monitoring and Alert Platform uses real-time data on wagers on football matches and markets in those games to identify suspicious betting patterns. The platform uses sophisticated algorithms to highlight wagering activities that could point to match-fixing by criminals.
This deal is significant in the region for the IBIA and builds on its growing presence in Brazil and the LatAm region.
The AFC’s Vision and Mission has outlined our steadfast ambitions to uphold the highest ethical and sporting standards, and we are committed towards preserving our key tenets of fair play and integrity. Leveraging on strong collaborations with the world’s leading organisations is imperative to our fight against match-fixing and this MoU with IBIA further strengthens our ability to ensure football in Asia remains clean for the benefit of our future generation of fans, players and all our valued stakeholders.
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