The International Betting Integrity Association announced a new agreement with the Brazilian Ministry of Finance to catch suspicious betting patterns.
This summer, the IBIA applauded Brazil’s decision to force operators to join an independent integrity body and now the company is forecasted to cover more than 70% of the countries remote gambling market. “We will make the most of the experience that IBIA has in monitoring the betting market to create mechanisms that curb this practice that undermines the credibility of sport and the betting market. It’s a partnership in which everyone wins,” added Frederico Alves Soares Justo, general coordinator of money laundering at the Brazilian Ministry of Finance.