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IBIA reports 61 cases of suspicious betting in Q1 2020

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The International Betting Integrity Association (IBIA) reported 61 cases of suspicious betting to the relevant authorities during the first quarter (Q1) of 2020. The total is 36% higher than the 45 cases in Q4 2019 and 65% higher than the 37 alerts reported in Q1 2019. IBIA members saw an increase in suspicious betting activity in the week before the widespread suspension of sport in mid-March.

Khalid Ali, CEO of IBIA, said: “The industry’s main focus is quite understandably on product availability and business viability in a particularly challenging period for the sector globally. That said, it is important to note that the vulnerability of sports and betting to corruption remains an ever-present danger to operator finances. IBIA saw an increase in suspicious betting activity in the week leading to the global sports shutdown highlighting the opportunism of corrupters.

“Whilst there has since been a relative lull, we fully expect the business threat to rise as sport is restored and betting product catalogues return to a level of normality. Indeed, it is clear that corrupters are still operating and seeking to exploit the current situation. IBIA will continue to utilise its unique global monitoring platform to protect its members and sports from fraud during this difficult time; product integrity and consumer trust will be key to the sector’s recovery.”

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Other key data for Q1 2020:

  • 44 – percentage of Q1 alerts on sporting events played in Europe (30% in Asia, 11% in Africa, 10% in South America and 5% in North America)
  • 31 – number of alerts reported on tennis (18 cases for football, 5 for basketball, 4 for table tennis and one each in volleyball, cricket and boxing)
  • 15 – number of alerts reported in the week before the widespread suspension of sport
  • 11 – Russia ranking the highest country for alerts reported
  • 7 – alerts reported since the widespread suspension of sport in mid-March

The International Betting Integrity Association is the leading global voice on integrity for the licensed betting industry. It is run by operators for operators, protecting its members from corruption through collective action. Its monitoring and alert platform is a highly effective anti-corruption tool that detects and reports suspicious activity on its members’ betting markets. The association has longstanding information sharing partnerships with leading sports and gambling regulators to utilise its data and prosecute corruption. It represents the sector at high-level policy discussion forums such as the IOC, UN, Council of Europe and European Commission.

The association publishes quarterly reports covering the integrity alerts reported through its monitoring and alert platform which can be viewed here. IBIA can be contacted at [email protected].

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AU10TIX Risk Assessment Model Exposes Critical Vulnerabilities in Identity Verification Processes

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AU10TIX, a global technology leader in identity verification and management, today launched a free Risk Assessment Model that enables businesses to conduct an initial assessment of their exposure to operational, security and identity fraud risk.

Drawing insights from billions of transactions processed globally and years of expertise in risk assessment and mitigation, the model provides personalized insights and actionable recommendations to safeguard against critical fraud vulnerabilities in identity verification processes.

By taking five minutes to answer ten brief questions specific to their business, sector, security measures, and ID verification processes, organizations receive a customized Risk Assessment Report highlighting vulnerabilities across different key areas. The report provides high-level recommendations for bolstering overall security and operational resilience, enabling businesses to proactively manage their risk landscape rather than react to incidents.

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Identity fraud risk assessment is crucial for companies that handle substantial financial transactions and are exposed to compliance liabilities, such as payments, banking, crypto/trading, etc. It helps identify potential vulnerabilities in the systems and processes that could enable unauthorized access or misuse of the data. It also ensures compliance with industry regulations, protecting organizations against potential legal consequences and financial damages.

“Our new Risk Assessment Model is designed to provide initial indicators of potential risks, offering companies a clear starting point for understanding how we can help them accommodate and mitigate these challenges effectively,” said Dan Yerushalmi, CEO of AU10TIX. “The tool is integral in demonstrating our proactive approach to fraud prevention and the strategic support we offer our customers.”

This announcement underscores AU10TIX’s dedication to leading the market in compliance and security standards. By tailoring assessments to specific business environments, the new model enhances risk management strategies and bolsters overall security and operational resilience. AU10TIX is committed to delivering robust technology and comprehensive, integrated risk management solutions that help businesses stay ahead of potential risks and regulatory changes.

 

The post AU10TIX Risk Assessment Model Exposes Critical Vulnerabilities in Identity Verification Processes appeared first on European Gaming Industry News.

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Press Statement from Hard Rock International Related to Star Entertainment Announcement

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Hard Rock International has released the following statement denying the report from Star Entertainment Group regarding potential transactions between the companies.

“Hard Rock International would like to address recent reports regarding a proposed purchase of the Star Entertainment Group Limited (Star) in Australia. We want to make it clear that Hard Rock International is not involved in, nor has it authorized, any discussions, activities or negotiations on its behalf in connection with a proposed bid for Star. Hard Rock International has similarly not authorized the use of the Hard Rock brand in connection with any proposed bid for Star by any third party.

“Our brand is built on a legacy of integrity, excellence, and a commitment to our guests, partners, and team members worldwide. Any misuse of the Hard Rock name in unauthorized business dealings is taken very seriously. We are currently investigating this matter and will pursue all necessary legal actions to protect our brand and reputation.

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“We urge stakeholders and the public to rely only on official communications from Hard Rock International for accurate information regarding our business activities and partnerships.”

The post Press Statement from Hard Rock International Related to Star Entertainment Announcement appeared first on European Gaming Industry News.

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Dubravka Burda

IGT Continues Multi-Level Progressive Momentum with New Tiger and Dragon Game on the PeakCurve49 Cabinet

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International Game Technology PLC announced that its new multi-level progressive (MLP) game, Tiger and Dragon, recently debuted on casino floors across the US. Available on the sleek PeakCurve49 cabinet, Tiger and Dragon combines new and proven mechanics with high bonus frequencies for an action-packed entertainment experience.

“We made a commitment to advancing IGT’s game performance with strong multi-level progressive content and leveraged our extensive research and focus group capabilities to achieve this with the award-winning Prosperity Link and Mystery of the Lamp MLP games. Bolstered by our strong momentum in the MLP space, we combined proven game mechanics with exciting new features and gameplay in the development of Tiger and Dragon. We’re excited to unveil this extremely fun and entertaining game with our casino operator partners and their players,” said Dubravka Burda, IGT SVP Global Studios.

The Tiger and Dragon MLP is available in two base games, Multiplier and Cash On Reels. Both games feature three unique bonuses: Tiger, Dragon, and the combined Tiger and Dragon bonus. The game introduces an entirely new lock-and-respin and reveal bonus structure featuring money ball symbols with credit values that can combine. In another new game mechanic, when gong symbols on reels land in the same row, monetary winnings are revealed. Adding to the gameplay excitement are the game’s “up arrows” that appear on reels and increase credit values exponentially.

The game’s Tiger bonus presents win opportunities on a 3×5 reel matrix, and both the Dragon bonus and the combined Tiger and Dragon bonus advance the reels to an 8×5 reel matrix for big win potential. The vibrant game stands out on the gaming floor on the PeakCurve49 cabinet with unique merchandising options, vivid graphics, and LED signage.

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