Sports data technology provider Genius Sports and the International Betting Integrity Association (IBIA) have agreed a global information sharing and anti-match-fixing partnership.
The agreement enables the partners to share information related to suspicious betting activity from their respective monitoring and intelligence platforms.
As part of the agreement, the New York-listed supplier will become an associate member of the IBIA, which represents over 125 sports betting brands worldwide.
“I am delighted that we have reached this important agreement with Genius Sports. It brings together two leading global players in the sports technology and betting integrity environments with a clear focus on protecting sporting events from betting-related corruption,” said Khalid Ali, chief executive of the IBIA.
“The addition of Genius Sports as an Associate member of IBIA is particularly welcome given the breadth of its sporting and integrity relationships across North and South America, which will assist IBIA’s operational expansion across those regions.”
Simon Martyn, director of integrity and rights enforcement at Genius Sports, added: “Cooperation and the sharing of information are vital pillars to safeguarding the global sports industry from the threats of match-fixing and betting-related corruption.
“Our partnership with IBIA will provide us and our partners with greater transparency over global betting patterns, helping to identify, manage and prevent any integrity threats.”
Shares in Genius Sports Ltd (NYSE:GENI) closed at 0.56 per cent lower at $5.33 per share in New York Wednesday.