Listen To Article
Odds On Compliance is a compliance technology and consulting company, whereas US Integrity provides monitoring services to stakeholders across the sports wagering industry.
In the upcoming months, USI and OOC will release a beta version of ProhiBet to regulators, sports betting operators and sports properties.
State-by-state laws across the nation often maintain bans on certain individuals, such as athletes, coaches, league officials, and administration, from betting on specific sports to preserve the integrity of sports.
Using a secure, decentralised platform for cross-monitoring and notification, ProhiBet will provide the industry with a comprehensive approach to ensuring compliance with these legal requirements.
Matt Holt, CEO of US Integrity, said: “We look forward to providing a crucial industry resource and partnering with Odds On Compliance to deliver it to market. This product and joint venture complement our USI services to clients.”
Eric Frank, CEO and Co-Founder of Odds On Compliance, said: “Working collaboratively with strong partners like USI allows us to be a market leader in delivering the future of compliance technology for the industry.”
Meanwhile, in December 2022, Odds On Compliance appointed Marybeth Butler as Director of Revenue Audit and Ali Ghanavati as Director of Technical Compliance.
Frank said: “We are thrilled to welcome Marybeth and Ali to the Odds On Compliance team. “Each brings extensive and invaluable industry experience to strengthen our compliance team.”
