BetConstruct was named Compliance Innovator of the Year at the Gambling Compliance Regulatory Awards 2017 in London this week, thanks to its SFM Detector product.
The Suspicious Fixed Matches Detector by BetConstruct offers betting companies protection from financial loss due to the actions of customers in relation to potentially fixed matches.
“We are honoured to be recognised for a product we created for operators worldwide. Our aim was to make our partners’ lives easier, saving their time, nerves and money,” said Harutyun Hambardzumyan, BetConstruct vice chairman.
“In 2016 we saw SFM-related losses decrease approximately by 80 per cent.
“The few simple steps include: checking the blacklist of athletes and teams, checking IP and data identifications of suspicious customers and their concentration from one or several suspicious IP-addresses, and, eventually, live chat with other betting companies to check information regarding suspicious bets.”
At the London event BetConstruct commercial director George Voyatzis accepted the award on behalf of the company.
