Compliance into the Weeds

Digital Transformation in Sports Betting: Preventing Fraudulent Activities


Listen Later

The award-winning Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to more fully explore a subject.

Looking for some hard-hitting insights on compliance? Look no further than Compliance into the Weeds!

In this episode, Tom and Matt take a deep dive into imbroglio involving Jontay Porter and gambling on NBA games.

The recent scandal involving the lifetime suspension of Jontay Porter from the NBA due to questionable prop bets, has sent shockwaves through the sports betting industry.

Tom views this incident as a stark warning for compliance professionals, underscoring the importance of data analytics in detecting anomalies and misconduct. He notes that thorough data analysis can expose even lesser-known players like Porter to inappropriate behavior while also commending the NBA’s swift and decisive action to preserve the integrity of the game.

Matt, a digital transformation advocate in sports betting, believes the scandal highlights the benefits of digital transformation in the industry. He stresses the crucial role of data analytics in identifying suspicious activity and potential misconduct, agreeing with the NBA’s decision to suspend Porter and protect the sport’s integrity.

Both Fox and Kelly’s perspectives are shaped by their backgrounds in compliance and digital transformation, respectively, emphasizing the profound impact of data analytics in these areas.


Key Highlights:

  • NBA Suspension: Data Analytics in Sports Betting
  • Sports Betting Fraud Prevention through Digital Transformation
  • Unveiling Unusual Patterns in Financial Transactions
  • Location-Based Anomalies in Investigative Analytics
  • Consequence Management

  • Resources:

    Tom on the FCPA Compliance Report

    Tom  

    Instagram

    Facebook

    YouTube

    Twitter

    LinkedIn

    Learn more about your ad choices. Visit megaphone.fm/adchoices

    ...more
    View all episodesView all episodes
    Download on the App Store

    Compliance into the WeedsBy Tom Fox

    • 4.3
    • 4.3
    • 4.3
    • 4.3
    • 4.3

    4.3

    11 ratings


    More shows like Compliance into the Weeds

    View all
    The Rachel Maddow Show by Rachel Maddow, MS NOW

    The Rachel Maddow Show

    37,098 Listeners

    FCPA Compliance Report by Thomas Fox

    FCPA Compliance Report

    20 Listeners

    Compliance Perspectives by SCCE

    Compliance Perspectives

    34 Listeners

    The Daily by The New York Times

    The Daily

    112,321 Listeners

    Stay Tuned with Preet by Preet Bharara

    Stay Tuned with Preet

    32,316 Listeners

    Corruption Crime & Compliance by Michael Volkov

    Corruption Crime & Compliance

    43 Listeners

    GZERO World with Ian Bremmer by GZERO Media

    GZERO World with Ian Bremmer

    794 Listeners

    UnJustified by MSW Media

    UnJustified

    7,669 Listeners

    Innovation in Compliance with Tom Fox by Thomas Fox

    Innovation in Compliance with Tom Fox

    17 Listeners

    Talking Feds by Harry Litman

    Talking Feds

    4,665 Listeners

    Daily Compliance News by Tom Fox

    Daily Compliance News

    7 Listeners

    EMBARGOED! by Miller & Chevalier

    EMBARGOED!

    27 Listeners

    The Ezra Klein Show by New York Times Opinion

    The Ezra Klein Show

    15,995 Listeners

    Search Engine by PJ Vogt

    Search Engine

    4,570 Listeners

    2 Gurus Talk Compliance by Thomas Fox

    2 Gurus Talk Compliance

    5 Listeners