The world’s largest integrity monitoring company reported 50 suspicious legal sports betting alerts in the third quarter of 2023, which is an improvement from this time last year.
The International Betting Integrity Association announced Wednesday that it’s the same number of alerts as Q2 and puts the overall number for 2023 at 148 alerts.
The report found the Q3 alerts came from eight different sports, with tennis and soccer accounting for 56% of the suspicious activity.
Alerts in 2023 are down significantly compared to 2022, including a 41% decrease from the third quarter of the previous year.
“The quarter saw a continued reduction in alerts with a more than 30% decrease in the first three quarters relative to 2022, with tennis a major contributory factor,” IBIA CEO Khalid Ali said.
Three alerts were related to women’s sports, with the rest involving men’s, mixed, and greyhound sports.
Working on tennis
A total of 15 alerts came from tennis, the most of any sport.
Ali added that the IBIA and the International Tennis Integrity Agency recently met with sportsbook operators to share their “commitment to working in partnership to combat corruption in that sport.”
Tennis alerts are down from 26 per quarter in 2022 to 13 per quarter this year.
Soccer was a close second with 13 alerts in Q3 while table tennis was third with eight. One came from basketball and three from eSports.
Thrity alerts, or 60%, came out of Europe. South America (14%) was the second highest continent.
U.S. betting revenue on the rise
A total of 84 alerts came out of North America from 2018-2022, including 52 from the U.S., which is becoming a booming business for legal sportsbooks.
Also in IBIA’s release, global gambling market intelligence company H2 Gambling Capital estimates that U.S. onshore betting revenue will reach $11.7 billion in 2023. By 2026, that number is projected to reach $18.9 billion.
Working with the best
IBIA is a global company partnered with 125 sports betting brands that take in over $137 billion in wagers each year.
The monitoring and integrity company is a licensed provider for U.S. sportsbooks that make up 70% of the country’s handle. DraftKings, William Hill, bet365, and Fanatics, among others, are clients of IBIA.
Last week, IBIA announced a partnership with Austrialia-based IXUP to provide online sports betting sites, regulators, and sports leagues with new integrity products and services.
