Two companies that provide oversight in the legal sports betting market are combining.
U.S. Integrity — a sports wagering monitoring company — is merging with Odds on Compliance to form the sports betting and gambling industry’s first global compliance and integrity solution.
“This merger is a testament to our joint commitment to helping the industry navigate the complexities of this rapidly growing and highly regulated sector,” said Odds on Compliance CEO Eric Frank. “This fusion of strengths will enable us to offer a comprehensive suite of compliance and integrity technology products and services.”
Odds on Compliance — a consultancy firm that specializes in online betting sites — will bolster its reach through the merger with U.S. Integrity. The partnership will also provide the two entities with the resources to improve technology while continuing to deliver solutions for operators.
The merger, which is subject to shareholder approval, is expected to close later this month.
No strangers
U.S. Integrity and Odds on Compliance are merging following a recent partnership.
The two companies have previously worked together in a joint venture to launch ProhiBet, which monitors illicit betting activity. In September, ProhiBet agreed to a partnership with mixed martial arts promotion UFC. The deal provides the UFC with tools to identify fighters, coaches, and officials who wager on the promotion’s official events.
The UFC’s decision to partner with ProhiBet came after it barred wagering on UFC events by fights and members of their teams.
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