he International Betting Integrity Association (IBIA) released Wednesday a first-of-its-kind study, conducted by leading global gambling data and intelligence company H2 Gambling Capital, assessing the regulation of betting in 20 jurisdictions across six continents and covering a range of licensing models.
H2 was commissioned to evaluate the strengths and weaknesses of various regulatory frameworks for betting around the world. Consideration was also given to the effectiveness of betting product restrictions, along with the cost of match-fixing to the regulated betting sector globally. The resulting report, titled "An Optimum Betting Market: A Regulatory, Fiscal & Integrity Assessment", includes:
The study involved detailed fiscal and integrity data from many of the world’s leading regulated betting operators representing nearly 50% of all commercial online betting globally. Those operators feed into the largest customer account-based integrity system in the world through IBIA. Gambling trade associations BGC, BOS, EGBA, Jdigital and NOGA were also involved as project partners in the study.
David Henwood, Director of H2, said: “Our assessment of the various regulatory models in operation around the world has determined the key factors that are most likely to generate a successful well-regulated betting market: unlimited licensing, competitive GGR tax, wide product offering, integrity provisions and balanced advertising parameters. That position and our betting product and integrity evaluation is based on the most extensive and detailed collection of market data that has ever been assembled. The report’s findings are therefore unique and illuminating.”
Khalid Ali, CEO of IBIA, commented: “The study and its contents can rightly be justified as unprecedented. H2 has conducted a detailed examination of product data covering $137bn in turnover, along with its own market data. The result is a report that provides a never seen before insight into global consumer demand, integrity risks and regulatory practices. In doing so, it reveals the core facets of a successful regulatory framework for betting. IBIA hopes that these evidenced-based findings will assist the important ongoing global betting and integrity debate.”