New York, NY (September 27, 2023) — Underdog Fantasy and ProhiBet today announced their partnership that will integrate ProhiBet’s prohibited person solution into the rapidly growing and popular Underdog Fantasy platform. Through the partnership, ProhiBet will play a pivotal role in monitoring specific individuals – such as professional and college athletes, coaches, employees, and officials – and notify Underdog Fantasy in real-time when an account is created or an entry is placed on a prohibited league.
In an effort to protect the integrity of sports, ProhiBet, a joint venture between U.S. Integrity and Odds On Compliance, offers a comprehensive solution for monitoring athletes, coaches, league officials, and administration, to prevent account creations and/or DFS entries on particular sports via its encrypted, decentralized cross-monitoring and notification platform. ProhiBet’s cutting-edge technology provides a secure and transparent method for sports properties, both professional and collegiate, and sportsbook and daily fantasy sports operators, to ensure covered individuals remain compliant with the intricate web of state regulations that govern activities of prohibited persons.
“Underdog Fantasy is committed to adhering to the highest of compliance standards while creating the best place to play for our community, which entrusts us with maintaining an atmosphere of integrity and fair play,” said Jeremy Levine, Founder and Co-CEO of Underdog. “ProhiBet’s monitoring solutions will further enhance our oversight and awareness of prohibited persons as we look to lead by example in the responsible gaming space in our industry.”
“Underdog is thrilled to partner with ProhiBet and lean on their tools to help elevate our compliant operating standards. Responsible play is always at the forefront of our business. This solution allows us to operate in a more efficient manner while safeguarding our current and future customers. This is historically a gap across the industry as this tends to be done in a less automated, and therefore less comprehensive, manner. We look forward to changing that,” said Matt Garrigan, Senior Director of Operations at Underdog.
“We are excited to announce our partnership with Underdog Fantasy. Underdog’s implementation of ProhiBet’s cutting-edge encrypted data transfer system underscores the importance of sports integrity, extending beyond traditional sports betting into the realm of daily fantasy sports,” proclaimed Matt Heap, Managing Director of ProhiBet.
ProhiBet is a leading provider of encrypted data transfer solutions for the sports betting and daily fantasy sports industries. With a focus on regulatory compliance and data security, ProhiBet empowers sports properties and sportsbook and daily fantasy sports 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.
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.
About Underdog Fantasy:
Underdog is the fastest growing paid fantasy sports company on the market. Founded in 2020, by a team of industry veterans, Underdog brings fun, approachable contests and games to the masses. With a unique blend of innovative licensed sports betting products, Underdog is able to appeal to the most experienced as well as casual sports gaming fans. Underdog provides a wide array of content from former professional athletes and thought leaders, to provide expertise and a fun user experience for fans. For more information, please visit https://underdogfantasy.com/
Matt Heap, Director