Jack’s has become the fifth operator in the Netherlands to join the International Betting Integrity Association (IBIA), marking a significant step in bolstering the integrity of the Dutch sports betting market. With seven operators in total, the move signifies Jack’s commitment to maintaining high standards of integrity within the industry.
Mandatory Membership for Dutch Operators:
The Netherlands mandates that all online betting operators join an international integrity monitoring body. Most of the licensed brands in the country have opted for the IBIA, highlighting its importance and reliability in the sector.
Eric Olders on Integrity and IBIA Membership:
Eric Olders, CEO and Chairman of JVH Group, expressed pride in Jack’s new membership with the IBIA. Olders emphasized that integrity is a core value for both the company and the sports industry at large. He stressed that maintaining integrity is crucial for athletes, customers, and the company’s operational license.
“We are proud to become a member of the IBIA. By joining, we are protecting integrity in sports and sports betting. Integrity is a key value for us and for sports. It’s essential for athletes and essential for our customers. It’s the basis of our ‘license to operate’,” Olders stated.
BetEnt’s BetCity.nl and IBIA Membership:
Prior to Jack’s joining, BetEnt’s Dutch-licensed sports betting brand BetCity.nl had also become a member of the IBIA, fulfilling its requirement for integrity monitoring. This trend reflects a broader industry movement towards ensuring transparent and fair betting practices.
IBIA’s Expansion and Future Announcements:
The IBIA, which has recently expanded into North America, anticipates further announcements as more licenses are issued in the Netherlands. Similar integrity monitoring requirements are set to be enforced in the soon-to-launch Ontario market and various U.S. states, suggesting a growing international focus on betting integrity.
The Role of IBIA in Early Detection of Malpractices:
Olders highlighted the significance of the IBIA’s data in identifying potential malpractices at an early stage, allowing for prompt action. This proactive approach aims to create a safer environment for players, athletes, and the sports industry as a whole.
“With the help of the IBIA’s data, potential malpractices can be spotted at an early stage. This enables us to act instantly. By joining forces with the IBIA, we strive for a safe environment for our players, all athletes, and sports in general,” Olders added.
Jack’s membership in the IBIA represents a significant commitment to sports betting integrity in the Netherlands. As more operators join the IBIA and similar bodies, the industry moves closer to achieving comprehensive integrity and fairness in sports betting practices. This development is crucial not only for the protection of consumers and athletes but also for the sustainable growth of the betting market.