US Integrity & Odds On Compliance Pair Up
Two major betting compliance and integrity organizations, US Integrity and Odds On Compliance, have announced that they are joining forces to launch a brand new joint venture, as a result of which they will release a prohibited bettor solution catered for the sports betting industry. ProhiBet will be the first operator to use the new Secure Sports Solutions.
US Integrity and Odds On Compliance are joining together to launch a brand new joint venture and release a prohibited bettor solution made specifically for the sports betting industry. ©markusspiske/Pixabay
ProhiBet Solution Will Give Industry a Way to Monitor Compliance According to State-by-State Regulations
Two prominent betting compliance and integrity groups, US Integrity and Odds On Compliance, have revealed that they are joining up in efforts to launch a new joint venture, the main result of which will be the launch of a new prohibited bettor solution geared specifically for the sports betting industry.
The solution, which will go by the name ProhiBet, will act as the first offering to launch as a result of the new Secure Sports Solutions (S3) joint venture between US Integrity and Odds On Compliance. The two companies proudly boasted that their partnership will offer the only prohibited bettor solution on the market in the world of sports wagering.
The ProhiBet product will provide the industry with a way of monitoring compliance with state-by-state regulatory requirements in the US, achieved with the help of an encrypted decentralized cross-monitoring and notification system. ProhiBet will employ US Integrity’s wagering monitoring tools and Odds On Compliance’s expertise in compliance technology. A beta version of the exciting new product is expected to be distributed in the coming months.
Both Organizations Look Forward to Empowering Sports Betting Industry with New Tool
Speaking on behalf of US Integrity concerning the news of its nascent partnership with fellow compliance company Odds On Compliance, chief executive Matt Holt expressed the company’s pleasure at being able to partner up with another one of its peers:
“We are looking forward to providing a crucial industry resource and partnering with Odds On Compliance to deliver it to market. This product and joint venture complement our USI services to clients.”– Matt Holt, Chief Executive, US Integtiy, Press Release
For its part, Odds On Compliance co-founder and CEO Eric Frank feels proud to be combining forces with US Integrity and its ProhiBet product, which will surely be a huge boon for better regulating sports betting industry moving forward:
“I’m proud to announce our joint venture with US Integrity and the ProhiBet solution. Working collaboratively with strong partners like USI allows us to be a market leader in delivering the future of compliance technology for the industry.”– Eric Frank, Co-Founder and CEO, Odds On Compliance, Press Release
British Columbia Lottery Corporation (BCLC) Rebranded Self-Exclusion Program in February 2023
In other compliance and regulatory news, the British Columbia Lottery Corporation (BCLC) recently announced a series of upcoming changes to its voluntary self-exclusion (VSE) program in February 2023.
The program will now be titled “Game Break” and will showcase a new look, along with additional features for players, such as an active reinstatement process for individuals who choose to return to the world of gambling.
Those already a part of the British Columbia Lottery Corporation’s (BCLC) self-exclusion program need not worry, though: the terms of enrolment for the initiative will remain the same, allowing players to choose to enroll in “Game Break” for a six-month, one-year, two-year or three-year term.
Empowering players and removing the social stigma surrounding self-exclusion programs were the main driving forces behind the renaming and rebranding of “Game Break”, according to BCLC director of player health Ryan McCarthy. Ultimately, the company wants players to make the best possible choices for themselves:
“We want players to gamble within their time and money limits, and we want them to feel empowered to take a break if it’s what they need. Taking a break from something is often seen as a positive choice. We’ve designed the Game Break program to reduce barriers and destigmatize self-exclusion, while also including a reinstatement process to help participants better understand their own gambling behaviors if they wish to return to play. The changes to our self-exclusion program are another way that we’re working to help individuals make informed decisions about gambling and provide them with support and resources to help them practice positive play behaviors.”– Ryan McCarthy, Director of Player Health, British Columbia Lottery Corporation (BCLC), Press Release
PGA Joined Forces with US Integrity and Genius Sports in January 2023
And just recently in January 2023, the PGA Tour said it would be deepening its integrity program by striking up a new partnership with US Integrity, while also extending its running deal with Genius Sports.
First kicking off in January 2018, the PGA Tour Integrity Program covers all facets of competition and operations as taken care of by the PGA Tour. US Integrity’s chief executive and co-founder Matthew Holt sees collaborations like the one between it and PGA Tour as essential for the sports betting industry:
“US Integrity’s mission is to provide conflict-free, best-in-class insights and compliance solutions to our clients. We are looking forward to working with the premier golf tour in the world, featuring the biggest names. All our partners are committed to the highest integrity standards, and they are no exception. These types of partnerships help ensure sports betting integrity and strengthen the unique and proprietary anomaly-detection tools we have developed at US Integrity.”
