H2 Gambling Capital, IBIA renew data partnership
- By: Peace Nwankpa
- February 6, 2023
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Two of the industry’s leading brands in betting integrity and gambling market data, H2 Gambling Capital (H2) and the International Betting Integrity Association (IBIA), have renewed their successful partnership. This new agreement will see the two authorities work together to improve the quality of integrity protection and betting market regulation.
IBIA and H2’s earlier collaboration saw the two companies organize and publish the innovative Optimum Betting Market Study. The analysis, which was the first of its kind, assessed the betting industry regulations in 20 jurisdictions across six continents. Using information provided by more than 20 leading betting operators globally, the Optimum Betting Market Study successfully drew on actual operator data.
IBIA CEO, Khalid Ali, CEO of IBIA, released a statement concerning the partnership renewal, revealing that the partnership had been integral to the company’s integrity best practice advocacy operations, and they were happy to continue working with H2.
“IBIA works closely with key stakeholders, such as regulatory authorities, to ensure that suitable licensing and mitigating process are in place to protect markets from corruption,” Ali commented.
“Having access to accurate and reliable market data, to add to our global integrity data, is a critical facet of that outreach. H2 Gambling Capital is the foremost authority on global gambling markets and our partnership has been a vital component of IBIA’s integrity best practice advocacy activities around the world. We are delighted to renew and maintain that relationship.”
IBIA is one of the leading voices in the world for the licensed betting industry’s integrity. The company, which operators run for operators, ensures that its members are protected via collective action.
Over the years, IBIA has supplied its knowledge and expertise concerning regulated market development in several jurisdictions worldwide. This mainly involves areas relating to betting integrity practices, and the organization has been chiefly centered on the US and Canada recently. H2, on its end, has been integral in modeling the economic effect of regulatory change in addition to detailed offshore market sizing.
H2 will continue as IBIA’s official betting market data partner with the renewal of this partnership. The deal will also include considerable access to H2’s sizable market database consisting of circa 2 million data points in over 175 gambling jurisdictions in more than 100 nations.
In the past years, IBIA has used H2 data to respond to regulatory consultations as well as broader market activities. The renewal of the agreement will see organizations continue to conduct more thorough assessments of sub-optimal markets for licensed operator development.
H2’s director, David Henwood, also commented on the renewed deal, emphasizing the importance of providing an independent optimal market view especially with the expansion and creation of new markets.
“We’ve known the team at IBIA since the early days and to witness the organisation’s growth at close quarters in the time since has been truly impressive,” Henwood said.
“With so many new markets still to open up and other more established ones now starting to see their frameworks tighten, it is more important than ever to continue to provide that independent optimal market view and ensure any regulatory decisions that are made are underpinned by the most accurate market data and analysis. We are delighted to continue to support IBIA as co-partners in this space.”
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