Industry
April 5, 2023
Cybercriminals Have Set Their Sights on Ontario, GeoComply Says
Ontario’s budding iGaming market continues to be targeted by international scammers, a recent GeoComply report highlighted. This news comes a year after online gambling was launched in the Canadian province. The launch of iGaming and online sports betting in Ontario has proven a success. However, this success has also attracted a lot of fraudsters, the […]
Business
March 31, 2023
GeoComply Hires Ex-Meta Director Vadim Jelezniakov as CTO
Geolocation, fraud and risk solutions provider GeoComply announced a new senior-level appointment. On Friday, the company strengthened its C-suite by hiring Vadim Jelezniakov, an expert within the technology vertical, for the role of chief technology officer (CTO). Overall, Jelezniakov brings more than two decades of experience. As a part of GeoComply, he will help oversee […]
Industry
March 29, 2023
GeoComply Funds ICRG’s Research on Self-Exclusion Programs
Geolocation technology and services provider GeoComply announced it has teamed with the International Center for Responsible Gaming (ICRG) for a research project on self-exclusion programs. Is Enhancing These Programs Beneficial? The two-year research funded by GeoComply will study the long-term effectiveness of voluntary self-exclusion schemes implemented by land-based and online gambling operators to determine whether […]
Industry
March 14, 2023
GeoComply Recorded 8.1M Transactions at MA Online Sports Betting Launch
Massachusetts is poised to become a major online betting market, GeoComply said as it recorded more than 400,000 player accounts over the opening weekend. The state launched online sports betting on Friday, March 10, which represents a major development for the wagering sector. Massachusetts to Diligently Regulate Online Sports Betting With Massachusetts being one of […]
Legal
February 13, 2023
GeoComply’s Patent Infringement Case against Xpoint Dismissed
Geolocation technology supplier Xpoint had its motion to dismiss related the patent infringement case filed by competitor GeoComply granted by a federal court in a key decision for the geolocation market. Case Dismissed by Court The ruling issued on Friday, February 10 by Judge William J. Bryson from the Federal Circuit in the District of […]
Sports
February 13, 2023
GeoComply Data Shows Record Growth in Super Bowl Bets
GeoComply registered significant increases across all metrics relating to sports betting activity, highlighting the increasing number of states that allow online wagering. Super Bowl LVII was the first such event to occur in a State with legal sports betting, allowing many players to wager live directly from the stadium. Sports Betting Is on the Rise […]
Industry
February 8, 2023
Sports Betting Apps in Ohio Have More Than 2M Registered Accounts
The figure is for the entire month of January, and although the number of accounts is known, the total bets placed will be available later this month. GeoComply’s Data Indicates Strong Growth Data from GeoComply shows that Ohio’s sports betting apps have been enjoyed quite heavily in January. About 160 million geolocation checks came up […]
Industry
February 8, 2023
Kentuckians Keen on Sports Wagering, GeoComply Data Suggests
Wagering on sports in Kentucky continues to be illegal but this did not prevent residents of the state that is more popular with horse racing to open sports betting accounts in neighboring six states. Legalize Sports Betting or Continue Losing Revenue According to data released by geolocation services provider GeoComply, more than 180,000 betting accounts […]
Lottery
February 1, 2023
GeoComply Joins World Lottery Association as Associate Member
The international, members-only organization that reunites state-authorized lotteries, suppliers, and sportsbooks was “delighted” to welcome GeoComply to the family. The World Lottery Association’s (WLA) executive director Luca Esposito spoke about the geolocation and fraud prevention company’s capacity to help promote a more responsible gaming industry. This includes enhanced consumer protection against identity theft and fraud […]
Industry
January 26, 2023
GeoComply Secures Minority Funding from Norwest and Arctos
Provider of geolocation technology services GeoComply has secured minority investments from Norwest Venture Partners and Arctos Sports Partners to support continued growth in its core markets and expansion into financial services and media rights management. Gaining Investor Trust The minority investments made by funds managed by Norwest and Arctos came 18 months after GeoComply had […]
