UEFA have announced the signing of a Memorandum of Understanding with Betfair to monitor football betting with the aim of ensuring the continued integrity of European football.
The terms of the agreement allow UEFA to access a greater level of
information than it had previously been able to get from the betting
industry. Specifically, UEFA will be able to request information which will identify individuals behind any potentially suspicious activity.
As Betfair is uniquely placed to monitor the football-betting market and to assist UEFA in case of suspicious betting patterns.
Commenting on the agreement, UEFA CEO Lars-Christer Olsson, said:
"We are happy that we have reached this agreement with Betfair, as it is an important step forward in ensuring the continued integrity of our competitions.
"This is in line with our permanent efforts to protect the game from
match-fixing and will facilitate the gathering of information in case of
suspicious results".
Betfair's CEO Stephen Hill, said:
"We are delighted to be able to add this agreement to those we already have with the governing bodies of sport. Working closely with sporting regulators, and allowing them access to the information we have, is the best way to ensure that sport is kept free of crime.
Betfair has no vested interest in the outcome of any event and our
interests are absolutely in line with those who run the events. This is
good news for the integrity of sport."
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