GeoComply Inks Geolocation Deal with DraftKings for New Sports Betting Platform
VANCOUVER, B.C., June 21, 2018 /PRNewswire-PRWeb/ -- GeoComply today announced that it has signed an agreement to provide its market-leading geolocation compliance services to DraftKings.
GeoComply's geolocation technology will be provided to DraftKings' native app and web applications to verify a player's wager is placed from a location where sports betting is authorized, to ensure compliance with federal and state regulations.
"Since 2015, we've been providing DraftKings with location compliance solutions for their Daily Fantasy Sports (DFS) product and are excited to be taking our partnership to the next level with this extension into their new sports betting platform," said Anna Sainsbury, CEO of GeoComply USA.
"GeoComply's proven solutions are an extremely important part of the compliance requirements for the established DFS and iGaming markets and we are very happy to extend our work with them for our sports betting product," said Paul Liberman, COO and Co-founder, DraftKings.
About GeoComply
GeoComply is a global leader in geolocation technology. Since launching in 2012, GeoComply has quickly become the iGaming industry's trusted solution for reliable, accurate and precise geolocation services. GeoComply's patented and proprietary geolocation solution is unparalleled in its level of accuracy and integrity, as well as in its depth of security and ease of implementation. GeoComply's solutions have been utilized on over 250 million devices and perform an average 10 million verification checks per day. For more information, please visit GeoComply.com.
Media Contacts: Anna Sainsbury, Chief Executive Officer, GeoComply USA Inc.
anna(at)geocomply.com
About DraftKings
DraftKings is an innovative sports-tech and media entertainment platform changing the way consumers engage with their favorite sports, teams and athletes by bringing fans closer to the game. Headquartered in Boston, MA, DraftKings offers daily and weekly fantasy sports contests across 10 professional sports in the U.S., Canada, United Kingdom, Malta, Germany, Ireland, Austria and operates in Australia under a licence issued to the Australian subsidiary, DraftKings Australia Pty Limited by the Northern Territory Racing Commission. Founded in 2012 by Matt Kalish, Paul Liberman and Jason Robins, DraftKings makes sports better and better sports fans by creating the 'Game Inside the Game.'
SOURCE GeoComply
