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 […]
Legal
January 13, 2023
GeoComply Is Building Its Case against Xpoint on Third Party
Provider of geolocation technology services GeoComply filed a motion in court to compel a third party to provide certain materials related to the infringement lawsuit against Xpoint. OTG Holds the Key The motion filed by GeoComply requested the court to compel Out The Gate (OTG), an online gambling company based in New Jersey, to provide […]
Sports
December 21, 2022
US Bettors Enjoyed Betting on World Cup Finals
Numbers by GeoComply show that the sport is fast becoming popular in North America, and the fact that the 2026 tournament will be hosted there only sweetens the pot further. World Cup Second Only to NFL Canada-based fraud prevention and cybersecurity firm GeoComply released data on sports betting in the US. It was focused on […]
Sports
November 29, 2022
GeoComply: Maryland’s Thanksgiving Holiday Betting Starts Big
Maryland is set to receive a boost from the launch of mobile sports betting, a new report by GeoComply, a geolocation and compliance company, noted. The company recorded 16.5 million transactions over the course of the US Thanksgiving Holiday, the company wrote in an official blog update. Beating All Expectations During the Thanksgiving Holiday Commenting […]
Industry
November 15, 2022
GeoComply Opens Toronto Office, Relocates Ukraine Staff
The company has been experiencing continued growth, as has the newly-regulated iGaming industry in Ontario, but that hasn’t come at the expense of being good and humane. Both the company, as well as the region, are expected to continue on their positive trajectories. GeoComply Continued Growth GeoComply celebrated the opening of its new office in […]
Industry
November 2, 2022
GeoComply Secures Maryland License Ahead of Mobile Market Launch
The leading provider of fraud prevention and cybersecurity solutions for the iGaming industry, GeoComply, expanded its reach on Tuesday this week. Maryland Regulator Awards GeoComply License The company revealed it was awarded a Tier One Contractor license by the Maryland State Lottery and Gaming Control Agency, the gambling regulator in the state. Achieving the license […]
Casino
October 12, 2022
GeoComply to Work with Resort Digital Gaming to Tackle Chargebacks
Credit card chargebacks are a growing problem in the gambling industry. This is why companies are trying to get ahead of the issue by turning to trusted partners. For Resorts Digital Gaming in New Jersey, this trusted partner is GeoComply and the company’s Chargeback Integration solution. Tackling Chargebacks Problem with GeoComply and Accertify GeoComply introduced […]
Legal
September 30, 2022
GeoComply Filed Patent Infringement Lawsuit against Xpoint
Supplier of geolocation technology for the betting and gaming industry Xpoint is facing legal action from GeoComply for allegedly infringing on patent rights, a legal case filed this week in Delaware’s District Court revealed. Bad End to a Busy Month September turned out to be quite a busy month for Xpoint after signing agreements with […]
Industry
September 28, 2022
Ohio Issues Geolocation License to GeoComply
Leading, Canadian-based geolocation security service that offers online security solutions and fraud prevention options GeoComply has been handed the first-ever geolocation and Know Your Customer (KYC) license in the Buckeye State. The commission issued a conditional license to GeoComply after releasing ten other operator licenses and four supplier licenses, further paving the way towards the […]