North American skill-based fantasy sports operator PrizePicks has entered into a strategic partnership with US Integrity as part of an effort to tackle betting fraud.
PrizePicks will use monitoring and reporting services from US Integrity to strengthen its fraud protection measures.
The daily fantasy sports business will also have access to ProhiBet, a joint product developed and launched by US Integrity and Odds On Compliance. ProhiBet allows for the monitoring of athletes, coaches, officials and administration.
In addition, PrizePicks will use ProhiBet to prevent account creations and fantasy sports entries via a cross-monitoring notification platform.
“Our dynamic collaboration with US Integrity underlines PrizePicks; dedication to integrity and transparency within the daily fantasy sports industry,” PrizePicks CEO and co-founder Adam Wexler said.
“We are devoted to delivering a fair and trustworthy experience to our customers. By harnessing industry leading technology, we’re able to strengthen our own integrity monitoring capabilities and enrich our customer experience.”
US Integrity CEO Matt Holt added: “We are thrilled to welcome PrizePicks into the US Integrity family. PrizePicks’’unwavering commitment aligns perfectly with our principles, and we eagerly anticipate supporting their continued growth.”
US Integrity and Odds On Compliance join forces for ProhiBet
ProhiBet is the first offering to launch from the Secure Sports Solutions (S3) joint venture. Both US Integrity and Odds On Compliance say it is the only solution of its kind in sports wagering.
ProhiBet utilises US Integrity’s wagering monitoring services and Odds On Compliance’s experience in compliance technology. It monitors compliance with US state regulatory requirements via an encrypted decentralised cross-monitoring and notification platform.
The solution has already attracted interest from a number of major sports properties. Last month, mixed martial arts organisation the Ultimate Fighting Championship (UFC) linked up with ProhiBet.
In September, the National Collegiate Athletic Association’s Big 12 Conference also begin using ProhiBet.