New esports betting operator Midnite has committed to ensuring the integrity of esports events is prioritised after securing a new partnership with the Esports Integrity Commission (ESIC).
Under the new partnership, Midnite will join ESIC’s anti-corruption programme and will also contribute to ESIC’s suspicious bet alert network.
ESIC Commissioner Ian Smith said: “In reaching our goal which is to make esports as fair as possible, bookmakers play a crucial role since their internal data analysis makes it easier to recognize the signs of a rigged match.
“We’re glad to welcome Midnite as our new Anti Corruption Supporter. Having them as partners is another step towards the future where esports is free from corruption and fraud.”
A London-based start-up, Midnite launched its esports wagering product this year, raising a reported $2.5 million in venture capital from industry figureheads.
Caroline Newman, Head of Compliance at Midnite, added: “At Midnite, we value transparency, integrity and care when it comes to our product and customers.
“With our core focus being on esports betting, our ethics revolve around trust and with esports as a whole. ESIC’s experience and expertise on fighting corruption and other threats to the betting and esports industries ensure they remain sustainable and reliable.
“Being a member of ESIC is an honour, and we look forward to working with the team there to uphold the integrity of esports.”
According to ESIC, the number of betting alerts that may be connected to match-fixing, from 2017 to 2018 nearly doubled showing the increase from 39 to 74. Citing concerns over the ongoing COVID-19 pandemic and an influx of esports betting markets, ESIC has recorded an approximate 50% rise in suspicious betting alerts.