The Alcohol and Gaming Commission of Ontario (AGCO) has ordered all licensed sports betting operators to cease placing bets on World Boxing Association (WBA) sanctioned events.
Reason for decision:
The watchdog said it was “concerned.” WBA official recognition boxing match is not properly protected against insider gambling and match fixing. Additionally, the regulator investigated, to use its exact words, “suspicious betting activity” during the championship between Livan Navarro and Yoenis Telles last December.
Ann Online game operator license acquired in Ontario and Two independent integrity monitors According to the Agco. In this regard, some media claimed that: manager mentioned above Teles invested $110,000 In a fight that lasted more than five and a half rounds.
After an investigation, regulators concluded that events sanctioned by the World Boxing Association are currently not compliant with the rules. Registrar Standards for Internet Games. However, if operators officially regulated by the AGCO prove that WBA is safe, it could regain its former glory. successfully monitored That approved event.
As an example, two years ago in December, regulators ordered operators to: Stop offering wagers upon event related to Ultimate Fighting Championship (UFC) Because insider punters have similar concerns.For this reason, the UFC new protocol Within a month, AGCO restored gambling in the area.
Regulators want to work with WBA to bring back WBA events:
Karin SchnallThe CEO and Registrar commented that regulators want to: cooperate Work with Integrity Monitor, Ontario operators, and WBA to restore WBA events. Mr. Chenard commented on this as follows: “It's not very often that we take actions like this, so when we do, I think it really shows the seriousness of this type of situation. There are no regulations here in Ontario. There is an open gaming market, and we want people to have confidence that when they bet on a sports game offered by our operators, it will be a fair game. is.”
Additionally, just a day before this revelation by AGCO, the NBA officially revealed that it had banned the Toronto Raptors backup center. eternally after investigation of gambling accusation. The investigation revealed that Jontay Porter Violated regulations by exposing personal information to athletes and restricting them from betting on NBA games or participating in one or more games for the purpose of betting.
However, the regulator did not provide the same support to the NBA as the WBA.
All gaming operators licensed in Ontario must: Sports governing body safely monitor Games where they allow their clients to use their wagers. Additionally, the agency must enforce and enact a protocol prohibiting insider gambling.
In this regard, she commented in a follow-up statement: city news: “The NBA demonstrated how seriously it takes issues related to the integrity of the game by quickly and decisively addressing serious incidents of insider gambling and match-fixing allegations. By contrast, most other sports governing bodies Unlike other organizations, the WBA's Code of Ethics does not explicitly prohibit insider gambling.Furthermore, there is no evidence that the WBA made any effort to enforce its Code regarding this incident.
