Action 24/7 Partners with ProhiBet to Ensure Regulatory Compliance
Las Vegas, NV (December 19th, 2023) — Action 24/7 and ProhiBet today announced an innovative partnership for the utilization of ProhiBet’s advanced fully encrypted decentralized cross-monitoring and notification platform. Designed to safeguard sports integrity, ProhiBet will play a pivotal role in preventing specific individuals, such as athletes, coaches, league officials, and administration, from engaging in prohibited sports wagering.
"In the fast-paced world of online sports gambling, there's nothing more important than having trustworthy and innovative partners in compliance, like Prohibet," stated Tina Hodges, Action 24/7’s President.
ProhiBet’s cutting-edge technology provides a secure and transparent method for sports properties, both professional and collegiate, and sportsbook operators, to ensure that athletes, coaches, and league/school administrative staff remain compliant with the intricate web of state regulations that govern sports betting activities.
“We’re thrilled to partner and collaborate with the fantastic team at Action 24/7 -- the combination of ProhiBet's state-of-the-art encrypted data transfer system and Action 24/7 dedication to upholding the integrity of sports will undoubtedly enhance the transparency and trustworthiness of current and future prohibited bettors,” stated Matt Heap, Managing Director of ProhiBet. Heap brings a wealth of experience in the field as the former head of the Colorado Division of Gaming’s sportsbook operations.
ProhiBet is a joint venture between U.S. Integrity and Odds On Compliance. U.S. Integrity offers wagering monitoring services to stakeholders across the sports wagering ecosystem while Odds On Compliance is a leading compliance technology and consultation firm in the sports betting and gaming industry.
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About Action 247:
Founded in 2020, Action 24/7 is a by Tennesseans for Tennesseans sportsbook based out of Nashville, TN. Action 24/7 is the only locally-owned and operated Tennessee sportsbook, offering high market limits, Action 24/7 never limits players, instant withdrawals, and a world-class customer experience. Winners Welcome. www.action247.com.
About ProhiBet:
ProhiBet is a leading provider of encrypted data transfer solutions for the sports betting industry. With a focus on regulatory compliance and data security, ProhiBet empowers sports properties and sportsbook operators to navigate the complex landscape of state regulations related to prohibited bettors. For additional information, visit www.prohibet.com.
About Odds On Compliance:
Odds On Compliance is a technology and consultancy firm specializing in sports betting, iGaming and gambling compliance and regulatory frameworks, in the U.S. and abroad. Odds On Compliance provides a range of services that assist clients navigating, mastering, and staying up to date with the rapidly developing regulatory compliance framework at state and federal levels throughout the USA. For more information please go to OddsOnCompliance.com or the Odds On Compliance LinkedIn page.
About U.S. Integrity:
U.S. Integrity is a leading technology-driven sports wagering monitoring company, providing the highest level of protection against betting-related fraud and corruption. U.S. Integrity’s mission is to grow the legal, regulated sports betting market by providing solutions that ensure sports betting integrity in every play, every game, every sport. Supported by investors including Las Vegas Sands, SeventySix Capital and the New York Angels, U.S. Integrity partners with some of the largest professional sports leagues and collegiate conferences in the U.S., as well as licensed sports-betting operators and regulators. U.S. Integrity is based in Las Vegas and New York. For additional information, visit www.usintegrity.com.
Media Contacts:
ProhiBet
Matt Heap, Director
mheap@prohibet.com
U.S. Integrity
Scott Sadin, Chief Operating Officer
scott.sadin@usintegrity.com
Action 24/7
Andrew Jacks, General Manager
ajacks@action247.com
