Vbet becomes a IBIA member

22 Apr 2022

Vbet becomes IBIA memberThe international gaming operator Vbet has joined the International Betting Integrity Association (IBIA), adding to the platform's global integrity monitoring and alert. After sponsorships with AS Monaco and Arsenal, the Malta-headquartered bookmaker has also acquired licenses in the UK, Sweden & France, aiming for an even broader expansion.

Members of the IBIA have a cumulative turnover of more than $137 billion (€115 billion), accounting for almost 50% of the total regulated betting activity worldwide.

Tigran Harutyunyan, Head of Trading and Sports Unit at Vbet, commented: ''We are delighted to be joining the membership of the International Betting Integrity Association, and we look forward to our mutual collaboration. We offer markets on over 120 sports globally, so helping to maintain the integrity of the sporting events we offer to our customers is vital. The IBIA’s global reputation for dealing with sports integrity issues is unparalleled, and this partnership underlines our commitment to providing our customers with the fairest offering possible.''

The IBIA has seen a rapid expansion lately, with the ComeOn Group joining earlier this month. Moreover, the Association was involved in the Beijing Winter Olympics as a partner of the International Olympic Committee (IOC) and cooperated with the UN, Council of Europe and European Commission.

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In 2003, when everything began through Vivaro, Armenia and the CIS countries were the ones targeted by the management team. Vbet was mostly a product testing bookmaker for Betconstruct’s solution. Although Vbet has been online since 2008, the last two years it has finally been improving its international presence by acquiring a license in the UK and in France. The management informed me that the brand is about to enter more white markets soon. The multi-licensed bookmaker has been rapidly upgrading its product recently. I like the wide range of sports and extra markets at football, along with the many alternative payment systems. I also like that Vbet invests in localization, giving the local players the best possible experience. Regarding the cons, the low max stake on minor events and the late settlements, the mediocre odds on almost every sport and the quick limiting, hold the brand back. Vbet is a reliable bookmaker and an ok alternative to a fun player. If you are a sharp player, you should not be surprised by the quick limit cuts.

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