VBET joins the global betting integrity association IBIA
VBet, a popular bookmaker operating legally in several jurisdictions, has announced that it has joined the IBIA association. It ensures the integrity of sports betting and is recognized worldwide.
Overview of VBet Bookmaker
Established in 2003 as a traditional sports wagering shop, VBet has evolved significantly. By the midpoint of 2024, VBet is actively and legally conducting its operations across multiple regions including the UK, Ukraine, Malta, France, and Sweden. The firm is also in the process of seeking licenses in additional territories, which are currently under evaluation.
Recently, VBet was inducted into the International Betting Integrity Association (IBIA), marking a significant milestone. The Director of Sports at VBet expressed enthusiasm about this development, stating:
"Joining IBIA is of immense value to us, and we anticipate a fruitful partnership. With offerings in over 120 sports worldwide, it's crucial for us to ensure comprehensive and transparent terms for all sporting events. IBIA’s esteemed global reputation for upholding sports integrity is unparalleled, and we are proud to be aligned with such standards."
The Significance of IBIA
The International Betting Integrity Association (IBIA) stands as the foremost global entity within the licensed sports betting sector, functioning primarily to shield its affiliates from corrupt activities. Upon detecting any irregularities in the betting activities of its members, the association swiftly implements corrective measures.
IBIA has established data-sharing partnerships with prominent betting regulators worldwide, granting it unrestricted access to necessary information. This connectivity significantly diminishes the potential for corruption, virtually eliminating associated risks.
Additionally, IBIA enhances transparency by issuing comprehensive quarterly reports that alert to any discrepancies in fair sports betting practices. These reports are readily available to all players, enabling them to verify the integrity of their chosen betting operators directly.
VBet's membership in the IBIA has notably elevated the platform's stature, bolstering its reliability and affirming its status as a leader in the global betting arena. This association not only enhances VBet's credibility but also reinforces its commitment to maintaining the highest standards of integrity and transparency in the betting industry.
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