US Integrity and Odds On Compliance have linked up to launch a new joint venture, through which they plan to roll out a prohibited bettor solution for the sports betting industry.
ProhiBet will become the first offering to launch from the new Secure Sports Solutions (S3) joint venture, with the two parties saying it will offer the only prohibited bettor solution in sports wagering.
The ProhiBet solution will offer the industry a tool for monitoring compliance with state-by-state regulatory requirements in the US via an encrypted decentralized cross-monitoring and notification platform.
ProhiBet will utilize US Integrity’s wagering monitoring services and Odds On Compliance’s experience in compliance technology, with a beta version of the solution to roll out in the coming months.
“We are looking forward to providing a crucial industry resource and partnering with Odds On Compliance to deliver it to market,” US Integrity’s chief executive Matt Holt said. “This product and joint venture complement our USI services to clients.”
Odds On Compliance co-founder and CEO Eric Frank added: “I’m proud to announce our joint venture with US Integrity and the ProhiBet solution. Working collaboratively with strong partners like USI allows us to be a market leader in delivering the future of compliance technology for the industry.”