BetParx has tapped IC360 for enhanced monitoring capabilities

BetParx has tapped IC360 for additional integrity and regulatory compliance solutionsThe partnership will allow the operator to strengthen its safeguards and flag suspicious betting activityIC360 offers both tracking of potentially fraudulent betting activity and helps companies stay up-to-date with regulations

BetParx has teamed up with IC360, an expert in the provision of integrity and compliance regulatory technology with a focus on the sports betting and gaming industries.

BetParx is now set to benefit from a diverse range of tools and solutions offered by IC360 and which focus on ensuring that sports betting competitions are free of manipulation or untoward influences.

IC360 integrates a full suite of products with betParx

To this end, IC360 is deploying its acclaimed solutions, to wit, Integrity Monitoring Dashboard, ProhiBet, and PlaybookAI.

Thanks to these capabilities, betParx will have the opportunity to track in real-time whether there are aberrations to normal expected outcomes and flag such instances that can be further investigated.

BetParx will also benefit from IC360’s specific focus on flagging and blocking prohibited wagering activity, such as wagers placed by sports insiders – whether that pertains to league officials, athletes, or other stakeholders. IC360 wants to ensure that partner operators are capable of maintaining a compliant offer.

This is where Playbook AI comes in. IC360 has built a solution that is able to keep pace with the complex and constantly evolving gaming regulations landscape across the world, offering an up-to-date and natural-language regulatory library across numerous relevant verticals.

Commenting on the opportunity to team up with IC360 and the perceived benefits, betPARX COO John Dixon has said that IC360 allows the company to proactively monitor and address integrity threats, as well as stream regulatory compliance and get real-time insights.

"This collaboration reinforces our dedication to operational excellence in the rapidly evolving online gaming space," Dixon said.

IC360 to ensure that the highest standards of integrity are maintained

IC360 co-CEO Scott Sadin was similarly pleased with the opportunity to see betPARX turn to his company for integrity and monitoring solutions and said: "This partnership is one that we are pleased to announce, as it has been a pleasure to work with this team to create an environment where the highest standards of integrity are strongly valued."

IC360 has been a preferred solution for many companies out there. A year ago, iGaming Ontario also teamed up with the company to bolster its compliance and monitoring capabilities.


Image credit: Unsplash.com

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