Yolo Group Set to Expand into Brazil and Partners with IBIA

The Yolo Group has recently joined the International Betting Integrity Association (IBIA) in preparation for its launch in Brazil. With offices in Estonia, Malta, Brazil, Australia, and Guernsey, the Yolo Group is making strides to comply with Brazil’s sports betting requirements as the country gears up to launch regulated sports betting. This includes the necessity for licensed operators to engage with an integrity monitoring body, such as the IBIA.

By becoming a member of the IBIA, the Yolo Group joins a network of 50 companies and over 125 leading sports betting brands. According to data from H2 Gambling Capital, IBIA member operators already make up over 60% of the online gambling activity in Brazil, positioning the association to effectively protect the integrity of the country’s wagering market.

Matthew D’Emanuele, CEO Yolo Entertainment at Yolo Group, emphasized the group’s commitment to betting integrity and the significance of joining IBIA in safeguarding sporting events from fraud. He expressed the intention to collaborate with IBIA to create a fair environment for sports betting.

Khalid Ali, IBIA’s chief executive, welcomed Yolo Group as the newest member and commended the group for aligning itself with high integrity standards. He highlighted Yolo Group’s decision to utilize global integrity protection for its sports betting product and reinforce IBIA’s integrity monitoring network.

The IBIA also recently released its 2023 report, which revealed a total of 184 alerts filed, indicating that 74 matches were corrupted. These numbers are notably lower than previous years, signaling the effectiveness of IBIA’s methods in deterring fraudulent activities.

In conclusion, the Yolo Group’s membership in IBIA and the association’s ongoing efforts to maintain the integrity of the sports betting market in Brazil and globally point towards a promising future for the industry.