GeoComply named RegTech Provider of the Year at GCA
Doing a great job at whatever it is you do deserves a little pride. Being awarded as a leader in your field – that’s something special. Earning your fourth award in that field, from four different panels of judges – now that’s exceptional! Such sentiments easily describe Vancouver iGaming firm GeoComply.
Established in 2011, GeoComply is one of the world’s top geolocation system suppliers. In fact, after just six short years of operation, GeoComply has been overwhelmingly accepted in North America. The company supplies 100% of all geolocation services for online gambling operations in the United States.
GeoComply’s multitude of clients include major industry leaders like Caesars Palace, MGM, the Georgia and Delaware Lottery corporations, and even DFS mogul DraftKings.
Based out of Vancouver, the iGaming geolocation supplier was recognized for its superior technological advancements at the 2017 GamblingCompliance Global Regulatory Awards (GCA) in London last week. GeoComply was the proud recipient of the RegTech Provider of the Year Award.
This particular award is designed to recognize operators and technology providers who deliver a successful, regulatory-compliant, and cost-effective product to the live and/or online gaming industry. GeoComply’s provision of geolocation services, including all iGaming operators in the US, are clearly worthy of such praise.
In the United States, like many other jurisdiction, the few locations where online gambling is regulated (Delaware, Nevada and New Jersey) only permit players who are physically located within their respective state to login and play for real money. It is the Vancouver iGaming firm’s job to ensure that all payers are truly located within the corresponding borders before they are permitted to place a wager.
According to the company, GeoComply runs 10 million verification checks every single day, and its services have been utilized on more than 250 million devices to date.
Fourth Award for Vancouver iGaming Firm
Attesting to GeoComply’s reputation as a true innovator in the North American market and beyond, it’s worth noting that this isn’t the firm’s first awards rodeo.
In 2015, GeoComply was awarded with Best Innovation in North American iGaming at the iGaming North America Awards, followed by EGR North America’s choice as Best Geolocation Supplier of the Year.
Then in 2016, GeoComply took home its third trophy at the prestigious Global Gaming Awards ceremony, where the team was bestowed with the esteemed title, Responsible Business of the Year.
Another Proud Moment for GeoComply
Company CEO Anna Sainsbury was just one of the many iGaming executives on deck at the inaugural GamblingCompliance Global Regulatory Awards in London, England on April 25, 2017, hosted as part of Gambling Compliance’s 10th anniversary celebration.
“We are really honoured to have won this prestigious award. The finalists for this category are all at the cutting edge of technologies to enhance regulated markets globally,” extolled the CEO as she accepted the award.
“We thank the judges for recognising the efforts we have made at GeoComply thus far, and we look forward to doing even more in the future to support our customers to ensure compliance and to fight fraud through technical innovation in location confidence,” said Ms. Sainsbury.
Complete list of the inaugural 2017 GCA award winners:
Head of Risk/Fraud of the Year – Tania Johannisson, Evolution Gaming
Head of AML/MLRO of the Year – Neil Lambert, William Hill
Compliance Officer of the Year – George McCann, Genting
Chief Compliance Officer of the Year – Dietmar Hoscher, Casinos Austria
Best Regulatory Lawyer or Law Firm of the Year – Harris Hagan
RegTech Provider Of The Year – GeoComply
GambleAware Award For Outstanding Individual Contribution To Responsible Gambling In A Customer-Facing Role – Maris Bonello, Kindred
Compliance Innovator of the Year – BetConstruct
Most Significant Contribution to Responsible Gambling Research – Jeanne David, Amaya
In-House Counsel/Legal Team of the Year – Kindred
Compliance Lifetime Achievement Award – Roger Parkes, Betway
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