A match involving the six-times world champion and Thailand's Thepchaiya Un-Nooh is currently at the centre of an investigation into betting patterns by snooker's world governing body.
However, the World Professional Billiards and Snooker Association does not believe Davis has breached any rules.
It's reported that odds on Asian betting exchanges moved considerably in the hours before the third round match at the Players Tour Championship in Gloucester last month.
And it comes as Stephen Lee has been suspended by snooker's governing body as it investigates suspicious betting surrounding his Premier League match against John Higgins on Thursday, October 11.
Davis told me during an interview earlier this week to promote the World Seniors Championship in Portsmouth: 'Because of the transparency of the betting industry, the moment there's even a sniff of anything it's highlighted.
'The story you are talking about would never have seen the light of day if it hadn't of come from our sport announcing it. It's a completely different scenario to what happened years back.
'Firstly, nobody would have probably known there was even a betting pattern because nobody would've known. Who would be in touch with Asian markets? But now the world is such a smaller place and everyone talks to each other.
'People can't get away with anything and if they think they can they're idiots. From my perspective if there's even a question of anything it gets exposed. It's a much healthier position.
'I celebrate every time something's in the papers about any sport because actually it will make it stronger in the end for the punter who wants to make an honest bet.'
World number seven Lee, 37, was already subject of an investigation by the World Professional Billiards and Snooker Association (WPBSA).
The investigation surrounded match-fixing allegations made back in 2010.
Lee has been informed he will not face a criminal prosecution over the claims.
'The WPBSA have concluded that it would not be appropriate for Stephen Lee to continue to compete on the world snooker tour whilst these investigations are undertaken,' said a statement.
'Therefore WPBSA chairman Jason Ferguson has taken the decision to suspend Stephen from competition whilst this enquiry is ongoing.
'Subject to his right to appeal, this suspension will remain in place until either the conclusion of the investigation or any resultant hearings.'
Lee, of Trowbridge, Wiltshire was arrested in February 2010 by police investigating suspicious betting patterns, but denied any wrongdoing.
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