Latin America’s leading sports betting company Betcris recently joined the International Betting Integrity Association (IBIA). Betcris, headquartered in Costa Rica, created and oversees an extensive online sports and casino gambling platform that is available in many countries around the world alongside a number of brick-and-mortar gambling facilities throughout Latin America.
Betcris is one of Latin America’s fastest-growing gambling companies, and it is the second organization of its kind to join the IBIA in 2020. IBIA’s major goal seeks to reduce corruption in sporting events around the globe with an emphasis on fighting match-fixing.
The International Betting Integrity Association represents all of professional sports on an international level, and it is the main body that encourages and polices honesty and sound ethics in the rapidly growing international gambling industry. It has represented the sports-gambling industry at the United Nations, the European Commission among others..
The IBIA uses its sophisticated monitoring and alert system to gather real-time detailed information as to when fraudulent or match fixing activity is suspected. This information is shared with regulatory bodies, and the IBIA has led numerous investigations around the world that have led to convictions.
Betcris has been steadily expanding since 2006. While its core business is still online, it also maintains over 100 real shops. The company is privately held.
Betcris is perhaps best known for its live-gambling platform, which allows bettors to place wagers on televised professional sporting events. The user interface is simple, intuitive and recognized as one of the pioneering achievements in the still-developing industry of live online sports betting. While it allows users to bet on major sporting leagues in the United States including the NBA, its emphasis is on enabling users in Latin American countries to bet on local football leagues.
Why Betcris joined
By joining the IBIA, Betcris shows that its full commitment to conduct their gambling organization in an aboveboard, ethical and entirely legal manner. Becoming part of the IBIA’s betting integrity network means Betcris joins the most effective body for policing fraud and match fixing in legal gambling in the world.
Additionally, the move sends a signal to Betcris customers that, when they bet on a sporting event through the company, it’s not going to be a fixed match. Essentially, Betcris is protecting its brand. Furthermore, the CEO of Betcris, J.D. Duarte made a statement concerning the act of fighting corruption in legal gambling. Betcris believes this is even more important in the age of coronavirus when people are gambling online more and more.
For his part, IBIA CEO Khalid Ali said that he was delighted that Betcris has joined his organization. He went on to mention how Betcris has become a major force in legal gambling especially in Latin America. He encouraged other gambling companies to follow suit behind Betcris and begin working with the IBIA to make their network even more effective.