The Committee has chosen a London-based firm, Genius Sports, to watch for suspicious gambling on the Games, which might lead to cheating in the competition.
Brazil.- The International Olympic Committee has chosen Genius Sports, a London-based firm, to watch for suspicious gambling on the Games, which might point to cheating in the competition.
Genius Sports’s Sports Integrity Monitor service will use data from regulated and unregulated gambling markets, looking for unusual activity which might suggest match-fixing. The service will report trends in real time to sport governing bodies, leaving them to decide whether anything is amiss.
According to Chris Eaton, the former head of security at FIFA and an expert in match fixing, betting on the Rio Olympics will draw about US$1 billion (€900 million) in legal and illegal bets globally.
The agreement between the IOC and Genius Sports covers all competitions monitored by the IOC’s three-year-old Integrity Betting Intelligence System (IBIS), including the Olympics and some competitions organised by international federations.