IBIA reports a decrease in suspicious betting alerts for Q3 2024

The leading global voice on integrity for the licensed betting industry, the International Betting Integrity Association (IBIA), released its latest report highlighting the number of suspicious betting alerts recorded in Q3 2024.

IBIA records only 42 alerts of suspicious betting for Q3

In a press release on Wednesday, the Association uncovered that a total of 42 alerts of suspicious betting were recorded during the third quarter this year.

Comparison year-over-year to Q3 2023 when a total of 50 alerts were reported signals a decrease of 16% in the number of reports.

The latest figure points to a decrease in the number of suspicious betting alerts quarter over quarter.

In Q2 this year, the IBIA recorded a total of 91 suspicious betting alerts. When compared to the latest figure, in Q3, the number of betting alerts decreased by 54%.

Khalid Ali, IBIA's CEO, commented on the topic: "The third quarter saw football and tennis register the highest number of alerts, albeit those numbers are in line with those seen in recent years and, in the case of tennis, represent a significant decrease compared to its peak."

He explained that after an uptick in the esports betting alerts in Q1 and Q2 this year, the number of such alerts returned to its normal levels in Q3.

Finally, Ali explained: "We continue to work closely with the integrity authorities for those sports, and indeed all sports, where we see suspicious betting, with the aim of detecting and sanctioning corrupt activity to protect sporting events and betting markets."

Tennis and football responsible for the highest number of suspicious reports

The non-profit integrity monitoring body provided a breakdown of the total 42 alerts of suspicious betting reported in Q3 this year.

Notably and not unexpectedly, the highest number of alerts were tied to football and tennis.

Those alerts represented 67% of all alerts with each sport raising 14 suspicious betting alerts each during the third quarter.

On the other hand, 33% of the reported alerts, or 14 in total were tied to events in Europe. This figure pointed to a decrease of 6 alerts for this particular region when compared to the Q2 2024 result of 20 alerts.

Per the IBIA's recent report, 12% of all alerts in Q3, or 5 alerts were tied to sports events in Burundi.

Last but not least, a total of 12 suspicious betting alerts in esports were recorded during the latest period. Compared to the Q2 2024 result of 48 alerts, the latest figure represented a decrease of 75%.

IBIA's members play a key role in uncovering suspicious betting alerts across the globe.

Representing the licensed betting industry, the Association's members monitor more than $300bn in annual sports betting handle within 125 jurisdictions across the globe.

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