PrizePicks Joins Forces with US Integrity in Anti-Betting Fraud Effort

PrizePicks is taking a proactive stance against betting fraud by teaming up with US Integrity, a renowned player in the field. The primary objective of this partnership is to enhance the protection measures against fraud within the daily fantasy sports business. PrizePicks will leverage the monitoring and reporting services offered by US Integrity, strengthening its commitment to providing a fair and trustworthy experience for its users.

One of the notable tools PrizePicks will have at its disposal is ProhiBet, a product developed collaboratively by US Integrity and Odds On Compliance. ProhiBet introduces a sophisticated system for monitoring athletes, coaches, officials, and administration personnel involved in daily fantasy sports. It doesn't stop there; ProhiBet will also be employed to prevent fraudulent account creations and unauthorized fantasy sports entries through a cross-monitoring notification platform.

PrizePicks' CEO and co-founder, Adam Wexler, emphasized the importance of this partnership, stating, "Our dynamic collaboration with US Integrity underlines PrizePicks' dedication to integrity and transparency within the daily fantasy sports industry. 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."

Matt Holt, CEO of US Integrity, expressed his excitement about this partnership, saying, "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."

The joint venture between US Integrity and Odds On Compliance has led to the development of ProhiBet, which is the first offering from the Secure Sports Solutions (S3) collaboration. This innovative solution, which combines wagering monitoring and compliance technology, is a game-changer in the sports wagering sector. ProhiBet monitors compliance with US state regulatory requirements through an encrypted decentralized cross-monitoring and notification platform.

ProhiBet has already garnered attention from major sports properties. Notably, the Ultimate Fighting Championship (UFC) and the National Collegiate Athletic Association's Big 12 Conference have both embraced ProhiBet as a critical tool in maintaining the integrity of their sports-related activities.