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Soft2Bet Strengthens Integrity Monitoring with IBIA Membership In Ontario

Soft2bet obtained its Certificate of Registration from the Alcohol and Gaming Commission of Ontario (AGCO) at the end of March, where the business's Ontario-focused brand name Tooniebet.com will now feed into IBIA's world-leading sports wagering integrity tracking platform before around the world execution in the coming months.
IBIA consists of over 50 of the world's leading sports wagering and video gaming business, who run over 125 sports betting brands. Soft2Bet's decision to join the association further reinforces its own internal betting stability protocols and IBIA's position as the world's leading sports betting stability monitoring body.
David Yatom Hay, General Counsel at Soft2Bet, commented: "Soft2Bet is happy to be signing up with the IBIA as we strengthen our own betting stability monitoring procedures and play our part in furthering the IBIA's long-standing work on this crucial concern. Ontario is a world class iGaming jurisdiction; it will be the very first market where we will execute our IBIA subscription and we look forward to deploying the tracking facilities worldwide in all the other markets in which we run."
Khalid Ali, CEO of IBIA, said: "Soft2Bet is an extremely welcome addition to IBIA, even more enhancing our position in the Ontario market. The operator's choice to sign up with IBIA demonstrates its desire to use the very best integrity defense available for its sportsbook item. The association is happy to be able to incorporate Tooniebet within our stability tracking system and looks forward to working closely with Soft2Bet to keep the high stability of its sportsbook."
IBIA is a not-for-profit body that has no completing disputes with the delivery of business services to other sectors and is run by operators and for operators to safeguard regulated sports betting markets from match-fixing. IBIA's international tracking network is an extremely efficient anti-corruption tool, identifying and reporting suspicious activity in controlled betting markets.
Through the IBIA tracking network it is possible to track transactional activities connected to private customer accounts. IBIA members generate more than $300bn in annual wagering turnover (deal with), accounting for around 50% of the international business regulated land-based and online sports betting sector, and in excess of 50% for online alone.
IBIA just recently released a report on the Availability of Sports Betting Products which highlighted Ontario as a leading regulated gambling jurisdiction, with an anticipated onshore channelisation for sports wagering of 92% in 2024 projection to increase to 97% in2028. represents over 60% of the private sports betting operators licensed in the province. All online sportsbetting operators licensed in Ontario are required to be part of a wagering stability tracking body.
IBIA's Q1 2024 report comprehensive 56 notifies throughout the quarter. IBIA notifies added to the examinations and subsequent successful approving of 21 clubs, players and authorities in 2023, a boost on the 15 approved in 2022.