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Mozzart Strengthens Global Betting Integrity

Mozzart Strengthens Global Betting Integrity
by
November 15, 2023
in iGaming News, Laws
323

Mozzart, the renowned gambling operator headquartered in Serbia, has officially become a member of the prestigious International Betting Integrity Association (IBIA). Established in 2001, Mozzart has grown to become a leading retail and online operator with a strong presence in Southeastern Europe. This strategic partnership underscores Mozzart’s commitment to upholding the highest standards in the sports betting industry and contributing to the global efforts in ensuring the integrity of sports betting markets.

A Closer Look at Mozzart’s Entry into IBIA

Founded in 2001, Mozzart has been a prominent player in the gambling industry, both online and offline. The company’s decision to join IBIA, a not-for-profit organization, demonstrates Mozzart’s dedication to maintaining the integrity of sports betting markets. With its Serbian business now integrated into IBIA’s global integrity monitoring network, Mozzart joins the ranks of approximately 50 companies and over 125 leading sports betting brands associated with IBIA.

Mozzart’s Commitment to Integrity

Slobodan Prodanović, the CEO of Mozzart, expressed his enthusiasm about the partnership, stating, “We are honoured to become part of a renowned global organization like IBIA and we are sure that our partnership will give rise to many constructive projects in the field of protecting the integrity of the sports betting industry.” This sentiment highlights Mozzart’s proactive stance in contributing to initiatives that safeguard the integrity of sports betting.

IBIA: A Global Leader in Integrity Monitoring

Khalid Ali, CEO of IBIA, welcomed Mozzart’s Serbian business into the association, emphasizing the collaborative effort needed to protect consumers, betting markets, and sporting events from corruption. IBIA, being a global operator-run integrity monitoring body, has seen significant growth in its roster of operators dedicated to upholding the highest standards in the industry. Mozzart’s inclusion further strengthens IBIA’s position as a leader in integrity monitoring.

The Impact of Mozzart’s Market Penetration

Mozzart’s scope of operation and market penetration is expected to be of significant benefit to IBIA’s global betting integrity monitoring network. As a leader in the organization of games of chance in Southeastern Europe, Mozzart brings a wealth of experience and expertise to the collaborative efforts aimed at ensuring the fairness and reliability of sports betting markets.

CEO Perspectives: Slobodan Prodanović and Khalid Ali

Slobodan Prodanović, in acknowledging Mozzart’s commitment, stated, “As a leader in the organization of games of chance in Southeastern Europe, we will always strive to respect the highest business standards, strengthen the regulated market and create a safe and reliable environment for our users.” Khalid Ali, the CEO of IBIA, expressed his delight, saying, “Mozzart’s scope of operation and market penetration will be of significant benefit for IBIA’s leading global betting integrity monitoring network.”

IBIA’s Anti-Corruption Tool

IBIA’s global monitoring network is a highly effective anti-corruption tool that plays a crucial role in detecting and reporting suspicious activity in regulated betting markets. Through this network, it becomes possible to track transactional activities linked to individual customer accounts, ensuring a proactive approach to maintaining the integrity of sports betting markets.

A Prerequisite for IBIA Membership

All IBIA members, including Mozzart, are required to pass a strict due diligence process and commit to its code of conduct. This ensures that only operators dedicated to upholding the highest standards in sports betting integrity become part of the association. The rigorous screening process contributes to the credibility and trustworthiness of IBIA’s membership.

IBIA’s Q3 Integrity Report

Recently, IBIA released its Q3 integrity report, providing valuable insights into the alerts reported during the quarter. The report detailed 50 alerts reported in Q3 alone, highlighting the vigilance and effectiveness of IBIA’s monitoring network in identifying and addressing potential threats to the integrity of sports betting markets.

IBIA’s Impact on Sporting and Criminal Sanctions

In 2022, IBIA reported a total of 268 alerts to the authorities, leading to successful sporting or criminal sanctions against 15 teams, officials, or players. These sanctions were a direct result of IBIA’s proactive reporting of suspicious activity on their matches. This success further underscores the vital role that IBIA plays in safeguarding the integrity of sports betting.

Conclusion

As Mozzart integrates into IBIA’s global network, the collaborative efforts between the gambling operator and the association are poised to contribute significantly to the ongoing initiatives aimed at protecting the integrity of sports betting markets worldwide. The partnership reflects a shared commitment to maintaining the highest standards in the industry, ensuring fairness, and creating a secure environment for users.

FAQs:

What is Mozzart’s significance in the gambling industry?
Mozzart is a leading retail and online gambling operator based in Serbia, with a significant presence in Southeastern Europe.

Why did Mozzart join the International Betting Integrity Association (IBIA)?
Mozzart joined IBIA to actively contribute to the protection of sports betting markets’ integrity on a global scale.

How does IBIA’s global monitoring network function?
IBIA’s global monitoring network is an effective anti-corruption tool that detects and reports suspicious activity in regulated betting markets.

What is the due diligence process for IBIA membership?
All IBIA members, including Mozzart, must undergo a strict due diligence process and commit to the association’s code of conduct.

How many companies and sports betting brands are associated with IBIA?
IBIA boasts around 50 companies and over 125 leading sports betting brands in its network.

What is highlighted in IBIA’s Q3 integrity report?
The Q3 integrity report details 50 alerts reported during the quarter, providing insights into the effectiveness of IBIA’s monitoring network.

How many alerts did IBIA report to authorities in 2022?
In 2022, IBIA reported a total of 268 alerts to authorities, leading to sanctions against 15 teams, officials, or players.

What is the significance of Mozzart’s market penetration for IBIA?
Mozzart’s market penetration is expected to be beneficial for IBIA’s global betting integrity monitoring network.

Who leads IBIA, and what is their perspective on Mozzart joining?
Khalid Ali, the CEO of IBIA, expressed delight at Mozzart’s entry and emphasized collaborative efforts to protect consumers and sporting events.

How does IBIA contribute to sports betting integrity globally?
IBIA, as a not-for-profit organization, is run by operators for operators, working to protect regulated sports betting markets from match-fixing and corruption.

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I like to keep it short. I am a writer who also knows how to rhyme his lines. I can write articles, edit them and also carve out some poetic lines from my mind. Education B.A. - English, Delhi University, India, Graduated 2017.

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