Suspicious Betting Alerts Decline Sharply in Q3 2024, Says IBIA
The International Betting Integrity Association (IBIA) has reported a drop in suspicious betting alerts for the third quarter (Q3) of 2024, with 42 alerts—a notable 54% decrease from the previous quarter and a 16% reduction compared to Q3 2023. The alerts covered five sports across 18 countries, indicating a broad geographical spread of potential betting irregularities.
Football and Tennis Top the List
Football and tennis emerged as the most flagged sports, each accounting for 14 alerts, representing 67% of the total suspicious activity.
European events saw the most alerts with 33% of the total, while Burundi made up 12%, with five alerts coming from events held in the African nation.
Interestingly, esports, which had seen a surge in earlier quarters, experienced a sharp 75% decline in alerts compared to Q2, with only 12 suspicious cases reported.
Regulated Markets Remain Key to Prevention
Khalid Ali, CEO of IBIA, emphasized that while football and tennis remained consistent in terms of alerts, the fluctuations in esports were likely due to previous spikes in the first half of the year. “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. It should also be noted that esports alerts fell back to more normal levels in Q3, following an increase during Q1 and Q2 that was primarily the result of a linked case. 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.”
The IBIA, which monitors over $300 billion in annual sports betting turnover, continues to work closely with integrity authorities worldwide to safeguard the sports betting industry.
With its comprehensive monitoring system, the non-profit organization acts as a frontline defense against corruption, helping to detect and report suspicious betting activities globally.
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