Tag: black market

G2E: When it comes to integrity, industry should “celebrate its wins”

In 2023, 10 NFL players were suspended for violating league gambling rules and a college baseball scandal involving insider information was uncovered. An outcry questioning the legal industry followed. But those who specialise in integrity monitoring say that instead, the industry – and others – should celebrate.
“Let’s not fool ourselves – matching fixing and integrity issues aren’t new,” Jim Brown, head of integrity services & harm prevention in North America for Sportradar, said. “This brings better protections.”

The NFL and NCAA examples were among many in 2023 and 2024 that involved the gambling industry policing itself and uncovering banned or illegal activity.

Brown was speaking as part of the ‘Tackling Match Fixing: Gaming and Global Sports Cooperation’ panel at G2E in Las Vegas on Monday (7 October). Jess Feil, OpenBet VP of regulatory affairs and compliance and Matt Fowler, head of global operations for the International Betting Integrity Association (IBIA), joined Brown a..

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Yield Sec report: Illegal US gross gaming revenue continues to significantly outpace legal GGR

A new Yield Sec report shared exclusively with iGB shows that the US gambling market reached $39.9bn (£30bn/€35.7bn) in gross gaming revenue (GGR) in the first half of 2024. The company said $29.1bn of that GGR came from illegal platforms between January and June 2024.
Yield Sec uses predictive analytics in its report. The report is for sports betting and online gambling only and reveals $10.8bn in GGR on legal platforms. According to the report, there were 892 illegal operators working in the US in the first half of 2024. In addition, 651 affiliates were promoting illegal platforms.

In 2023, Yield Sec predicted that the US market was $40.9bn in GGR for the year. It appears the 2024 numbers will easily eclipse that. Two new US states entered the live US market in 2024 – North Carolina and Vermont. No US jurisdictions legalised wagering in 2024. North Carolina is the ninth-biggest US state by population and the sixth-biggest legal betting state by population.

Through its first five ..

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