In a landmark move, two prominent players in the sports betting and integrity sectors, US Integrity, and Odds On Compliance, are set to merge, forming the industry’s very first global compliance and integrity solution. This strategic alliance brings together their expertise in combating betting-related fraud and corruption, with each company having a strong presence in different regions, notably the United States and Europe.
Background:
US Integrity boasts an impressive roster of partners in the United States, including renowned organizations such as the UFC, NFL, PGA, NBA, MLB, and more. On the other hand, Odds On Compliance has been active on both sides of the Atlantic, serving clients in Europe and the United States. Recently, Odds On Compliance made significant strides by launching its PlayBook platform in Brazil, providing comprehensive compliance and regulatory insights for the Brazilian market.
ProhiBet Joint Venture:
This merger follows a successful earlier collaboration between the two firms in establishing ProhiBet. ProhiBet is a groundbreaking initiative aimed at offering a secure method for sports entities to ensure compliance with state regulations and business guidelines governing sports betting activities.
Leadership Roles:
Upon the merger, Matt Holt, the current CEO of US Integrity, will assume the role of CEO for the combined entity. Expressing his enthusiasm, Holt stated, “We are thrilled to unite the strengths of US Integrity and Odds On Compliance to create a firm that is poised to redefine the standards of excellence in the sports betting and gambling compliance industry.”
Eric Frank, CEO of Odds On Compliance, will be appointed as President of the merged company. Frank emphasized the merger as a testament to their collective commitment to assisting the industry in navigating the intricacies of the rapidly growing and highly regulated sports betting sector. He noted, “This fusion of strengths will enable us to offer a comprehensive suite of compliance and integrity technology products and services.”
The merger of US Integrity and Odds On Compliance marks a significant milestone in the sports betting and integrity landscape. This strategic alliance not only brings together the strengths and expertise of two industry leaders but also paves the way for the creation of a global compliance and integrity solution. With their combined capabilities, the merged entity is well-positioned to set new standards of excellence in ensuring the integrity and compliance of sports betting and gambling operations worldwide.