All certified sportsbooks are statutorily required to engage with a sports betting stability tracking body in the Netherlands.
The operator signs up with over 50 companies and 125 sports betting brands that feed into IBIA's world leading wagering stability network for personal operators. 711's membership preserves IBIA's position as the foremost sports betting stability monitor in the Netherlands, with the association representing around 90% of the certified sportsbooks currently in operation in the nation.
Gilles De Backer, COO of 711, said: "711 has actually been reside in the Netherlands because April 2022 and has a strong gambling establishment item which is now being finished with a sportsbook from Kambi. We're very happy to finally invite the sportsbook alongside our gambling establishment item on 711. nl. and to secure our sportsbook's integrity by incorporating it within IBIA's international tracking system."
Khalid Ali, CEO of IBIA, said: "IBIA is thrilled that 711 has picked IBIA as its stability monitoring partner for its sportsbook in the Netherlands. The decision to sign up with IBIA demonstrates the business's desire to make use of the very best stability defense available for its sports wagering item and more expands IBIA's monitoring network in the Netherlands. IBIA looks forward to working carefully with 711 and to safeguarding its service from corrupt wagering activity."
IBIA is a not-for-profit body that has no competing conflicts with the delivery of commercial services to other sectors and is run by operators, for operators, to protect regulated sports betting markets from match-fixing. IBIA's global monitoring network is a highly efficient anti-corruption tool, detecting and reporting suspicious activity in controlled betting markets.
Through the IBIA global tracking network it is possible to track transactional activities linked to private client accounts. IBIA members have over $300bn per year in betting turnover (handle), accounting for roughly 50% of the worldwide business controlled land-based and online sector, and in excess of 50% for online alone.
IBIA's just recently released Q2 report comprehensive 90 suspicious betting informs reported during the quarter to the relevant authorities. IBIA signals contributed to the investigations and subsequent effective sanctioning of 21 clubs, players and officials in 2023.
