Odds On Compliance

U.S. Integrity and Odds On Compliance to Merge

SeventySix Capital Portfolio Companies U.S. Integrity and Odds On Compliance to Merge to Create a Global Powerhouse in Sports Betting and Gambling Compliance and Integrity

The merged company’s mission will be to provide a one-stop shop of cutting-edge regulatory technology solutions and unmatched compliance expertise to the fast-evolving world of sports betting and gaming.

LAS VEGAS, NV AND MIAMI, FL – Two of the most respected names in the sports betting and gambling compliance industry – U.S. Integrity and Odds On Compliance – are pleased to announce their merger to form the industry’s first global compliance and integrity solution. 

U.S. Integrity is a technology-driven sports wagering monitoring company, providing the highest level of protection against betting-related fraud and corruption. Odds On Compliance is an industry-leading technology and consultancy firm specializing in sports betting, iGaming, and gambling regulatory compliance across North America, Europe and Latin America. This strategic merger will create a powerhouse of expertise, innovation, and comprehensive solutions for betting operators and professional and collegiate sports organizations in the ever-evolving world of sports betting and gambling compliance.

"We are thrilled to unite the strengths of U.S. Integrity and Odds On Compliance to create a firm that is poised to redefine the standards of excellence in the sports betting and gambling compliance industry," said Matt Holt, CEO of U.S. Integrity, to be appointed as CEO of the combined company. 

The two companies teamed up earlier this year in a joint venture to build ProhiBet, the industry’s first and only prohibited bettor solution providing a secure and transparent method for sports properties, both professional and collegiate, as well as sportsbook operators, to ensure that athletes, coaches, and league/school administrative staff remain compliant with the intricate web of state regulations that govern sports betting activities. ProhiBet has gained incredible momentum following its launch September 1st with the signing of a number of sports properties and operators, including the BIG12, UFC, AAC, and Hard Rock Digital, among dozens of others. 

"This merger is a testament to our joint commitment to helping the industry navigate the complexities of this rapidly growing and highly regulated sector. This fusion of strengths will enable us to offer a comprehensive suite of compliance and integrity technology products and services,” said Eric Frank, CEO of Odds On Compliance, to be appointed as President of the combined company.

Clients of the combined company can expect to benefit from a wider geographic reach, continued innovation, and an even greater commitment to delivering tailored solutions that drive success and sustainability. Following the merger, which is expected to close later this month subject to certain shareholder and regulatory approvals as well as customary closing conditions,the combined company will be committed to upholding the same high standards of service, professionalism, and integrity that both firms have been known for. 

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About U.S. Integrity

U.S. Integrity is a leading technology-driven sports wagering monitoring company, providing the highest level of protection against betting-related fraud and corruption. U.S. Integrity’s mission is to grow the legal, regulated sports betting market by providing solutions that ensure sports betting integrity in every play, every game, every sport. Supported by investors including Las Vegas Sands, SeventySix Capital and the New York Angels, U.S. Integrity partners with some of the largest professional sports leagues and collegiate conferences in the U.S., as well as licensed sports-betting operators and regulators. U.S. Integrity is based in Las Vegas and New York. For additional information, visit www.usintegrity.com


About Odds On Compliance

Odds On Compliance is a global technology and consultancy firm specializing in sports betting, iGaming, and gambling compliance and regulatory frameworks. Odds On Compliance provides a range of products and services that assist clients in navigating, mastering, and staying up to date with the rapidly developing regulatory compliance frameworks worldwide. Odds On Compliance investors include SeventySix Capital and Tekkorp Capital. For more information, please visit www.OddsOnCompliance.com.

 

Media Contact

Red Knot Communications

Ashley Dabb, Head of Operations, Americas

Ashley@redknotcomms.com

(862) 268-5977

UFC Partners with ProhiBet

UFC PARTNERS WITH PROHIBET TO STRENGHTEN REGULATORY COMPLANCE FOR PROHIBITED SPORTS BETTING

LAS VEGAS -- UFC, the world’s premier mixed martial arts (MMA) organization and ProhiBet, the sports betting industry’s only comprehensive solution that monitors prohibited bettor activity, today announced a collaboration for the utilization of ProhiBet’s advanced notification platform.  Designed to safeguard sports integrity and ensure adherence to state-specific regulations, ProhiBet will play a pivotal role in monitoring specific individuals such as UFC athletes, coaches, employees, and officials who are prohibited from placing bets on UFC events.

In an effort to protect the integrity of sports, state-by-state regulations across the country generally maintain prohibitions on certain individuals, i.e., athletes, coaches, league officials, and administration, from wagering on particular sports.  ProhiBet offers a comprehensive solution for monitoring compliance with these regulatory requirements via an encrypted decentralized cross-monitoring and notification platform.

“One of the foundations of UFC’s success is our dedication to embracing regulation and compliance to promote safety and fairness in our sport,” said Riché T. McKnight, Executive Vice President & General Counsel of UFC.  “Our collaboration with ProhiBet is another step towards strengthening our integrity controls by helping us to enforce our anti-gambling policy and support the integrity of our sport.”

ProhiBet’s cutting-edge technology provides a secure and transparent method for sports properties, both professional and collegiate, and sportsbook operators, to ensure that athletes, coaches, and league/school administrative staff remain compliant with the intricate web of state regulations that govern sports betting activities.

“We are thrilled to partner with UFC -- the combination of ProhiBet's state-of-the-art encrypted data transfer system and UFC’s dedication to upholding the integrity of sports will undoubtedly enhance the transparency and trustworthiness of sports betting activities,” stated Matt Heap, Managing Director of ProhiBet. Heap brings a wealth of experience in the field as the former head of the Colorado Division of Gaming’s sportsbook operations.

ProhiBet is a joint venture between U.S. Integrity  and Odds On Compliance. U.S. Integrity  offers wagering monitoring services to stakeholders across the sports wagering ecosystem while Odds On Compliance is a leading compliance technology and consultation firm in the sports betting and gaming industry.

UFC’s use of ProhiBet is a further expansion of UFC’s relationship with U.S. Integrity to strengthen its betting compliance policies.  Earlier this year, UFC named U.S. Integrity as its official betting integrity service, capable of identifying and analyzing unusual wagering activity for all UFC events, including Dana White’s Contender Series.  

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Media Contacts:

UFC

Chris Bellitti

cbellitti@UFC.com

ProhiBet

Matt Heap

mheap@prohibet.com

U.S. Integrity

Scott Sadin, Chief Operating Officer

scott.sadin@usintegrity.com

About UFC®

UFC® is the world’s premier mixed martial arts organization (MMA), with more than 700 million fans and 243 million social media followers. The organization produces more than 40 live events annually in some of the most prestigious arenas around the world, while broadcasting to over 900 million TV households across more than 170 countries. UFC’s active fighter roster features the world’s best MMA athletes representing more than 75 countries. The organization’s digital offerings include UFC FIGHT PASS®, one of the world’s leading streaming services for combat sports. UFC is owned by global sports and entertainment company Endeavor and is headquartered in Las Vegas, Nevada. For more information, visit UFC.com and follow UFC at Facebook.com/UFC, Twitter, Snapchat, Instagram and TikTok: @UFC

About ProhiBet

ProhiBet is a leading provider of encrypted data transfer solutions for the sports betting industry. With a focus on regulatory compliance and data security, ProhiBet empowers sports properties and sportsbook operators to navigate the complex landscape of state regulations related to prohibited bettors. For additional information, visit www.prohibet.com.

About Odds On Compliance

Odds On Compliance is a technology and consultancy firm specializing in sports betting, iGaming and gambling compliance and regulatory frameworks, in the U.S. and abroad. Odds On Compliance provides a range of services that assist clients navigating, mastering, and staying up to date with the rapidly developing regulatory compliance framework at state and federal levels throughout the USA. For more information please go to OddsOnCompliance.com.

About U.S. Integrity

U.S. Integrity  is a leading technology-driven sports wagering monitoring company, providing the highest level of protection against betting-related fraud and corruption. U.S. Integrity ’s mission is to grow the legal, regulated sports betting market by providing solutions that ensure sports betting integrity in every play, every game, every sport. Supported by investors including Las Vegas Sands, SeventySix Capital and the New York Angels, U.S. Integrity  partners with some of the largest professional sports leagues and collegiate conferences in the U.S., as well as licensed sports-betting operators and regulators. U.S. Integrity  is based in Las Vegas and New York. For additional information, visit www.usintegrity.com.

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