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UK BGC WELCOMES CHANCELLOR’S LIFELINE FOR HIGH STREET AND HOSPITALITY BUSINESSES
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BGC AND IBIA SIGN COOPERATION AGREEMENT ON BETTING AND INTEGRITY

The Betting and Gaming Council and the Worldwide Betting Integrity Affiliation have reached an settlement to work carefully collectively to advertise sporting integrity.

The 2 our bodies, which symbolize most of the largest regulated sports activities betting operators on the planet, have signed a Memorandum of Understanding which is able to see them co-ordinate their international actions in present and rising markets.

It should contain a variety of actions, together with sharing info and intelligence about related sports activities betting markets, launching analysis research in areas of mutual curiosity, and delivering efficient messages and approaches.

Its core goal would be the institution of viable regulated betting markets with excessive requirements of client, sports activities and operator safety measures.

Brigid Simmonds, Chairman of the BGC, mentioned: “We’re happy to announce this new partnership, which is able to assist us champion the betting trade internationally.

“The IBIA is taking part in a decisive half in making certain that sports activities betting markets are correctly regulated, and sports activities integrity is on the core of its motion. The BGC will wholeheartedly be a part of this effort and produce its expertise and experience in selling world class requirements in new and rising sports activities betting markets.”

Khalid Ali, CEO of IBIA, mentioned: “Each of our associations are energetic internationally and in most of the identical markets, share most of the identical members and have most of the identical regulatory objectives.

“We’ve already been collaborating in markets akin to Brazil and it was a pure development to a extra formal and structured relationship. The scope of our mixed membership provides us a robust mandate to talk on behalf of a giant a part of the regulated sector and policymakers welcome that stage of targeted trade engagement.”

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