U.S. Integrity Announces Merger with Odds on Compliance
![U.S. Integrity announces merger](/assets/images/news/6108/us-Integrity-announces-merger-with-odds-on-complience_980x428.jpg)
U.S. Integrity (USI), the sports betting monitoring company, has announced it is to merge with Odds On Compliance, the sports betting technology supplier, to become one of the biggest global companies in the compliance and integrity solution market.
The new entity will give the combined companies a far greater reach and presence in the iGaming industry worldwide.
A New Era in Sports Betting and Gambling Compliance
Both companies hope the merger will completed within the month, subject to approval from the shareholders and also industry regulators.
The merger will see the combined company offer the latest cutting technology while ensuring the highest standards of data monitoring integrity, meeting regulatory approval in all jurisdictions worldwide.
Following the merger, the senior leadership of the combined company will see Matt Holt, the current U.S. Integrity CEO, become the CEO of the combined company.
As part of the restructuring, Eric Frank, the CEO of Odds On Compliance, will move into the role of President of the new company.
We are thrilled to unite the strengths of U.S. Integrity and Odds On Compliance to create a firm that is poised to redefine the standards of excellence in the sports betting and gambling compliance industry.
USI has become the most popular sports integrity provider in the sporting industry and is the partner to about two-thirds of the total data that is monitored in the US.
Related: EveryMatrix Works with US Integrity to Monitor Betting Feeds
Merger Following Successful ProhiBet Collaboration
The merger came after both parties were involved in a joint venture to produce a new product called ProhiBet. This solution allows professional sporting bodies and other sports industry stakeholders to monitor communications of sports athletes and coaches in order to ensure they adhere to the strict betting rules that govern most of the major sports franchises in the North American market.
Since the launch of ProhiBet, it has seen a dramatic take up from sporting bodies in the US sports industry, including BIG12, UFC, AAC, and Hard Rock Digital.
This merger is a testament to our joint commitment to helping the industry navigate the complexities of this rapidly growing and highly regulated sector. This fusion of strengths will enable us to offer a comprehensive suite of compliance and integrity technology products and services.
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