Betting industry news

    IBIA’s Khalid Ali on Africa: Increased alerts show integrity systems are becoming more effective

    IBIA’s Khalid Ali on Africa: Increased alerts show integrity systems are becoming more effective

    Khalid Ali, CEO of the International Betting Integrity Association (IBIA), discussed the insights from African alert data, noting that increased alerts indicate more effective integrity systems. He highlighted that most football alerts involve accounts outside the country and expressed IBIA's reservations about restricting regulated betting on domestic competitions.

    South Korea expands tourism fund loans for casino operators for the first time since 1998

    South Korea expands tourism fund loans for casino operators for the first time since 1998

    South Korea has expanded its Tourism Promotion and Development Fund loan program to include casino operators for the first time since 1998. Revised guidelines allow operators to borrow up to KRW15 billion (US$11 million) for construction, expansion, and renovation projects. This initiative aims to support the development of integrated resorts and boost tourism infrastructure.