Insights
X min read

The past, present, and future of the most trusted leader in gaming compliance.

Insights
/
8.3.2024
/

The past, present, and future of the most trusted leader in gaming compliance

GambleID (GIDX) is the most trusted leader in compliance management, identity, location, and end-to-end payment solutions for gaming. With a team of industry veterans with over 20 years of expertise, the company has been at the forefront of shaping technology for safer, more transparent experiences for leagues, merchants, front offices, and players worldwide.

Where we've been.

GambleID originated within Tsevo, a Houston-based company specializing in high-availability, data-driven solutions for the Oil and Gas sector and governmental agencies. 

In the mid-2000s, it emerged as an independent entity, carving its niche in the tech landscape. During this transformative period, the team honed its expertise in geolocation, player verification, and compliance technology tailored to the US-regulated online gambling markets and beyond.

Where we're at.

Fast forward to 2015, GambleID firmly established its industry leadership role. To further contribute to the gambling and daily fantasy space, it launched an exclusive program, inviting young startup founders to navigate the compliance-heavy market. This initiative evolved into the current white glove concierge experience, supporting qualified founders. Over the years, GambleID has successfully incubated and launched over 50 companies, with notable success stories like PointsBet, which Fanatics recently acquired for a staggering $225 million in August 2023.

The GambleID platform boasts an impressive 99.999% availability since its deployment. GambleID invested strategically in LEDR, a next-generation, massively scalable data modeling and analytics platform, embracing a continuous transformation culture. GambleID will integrate LEDR's technology and expertise into every facet of the platform and services.

Where we're going.

GambleID's active data set, accumulated over the last two decades, is a testament to its commitment to innovation. This comprehensive dataset, including historical player engagement, is the foundation for accurately identifying future trends. Each of the 33 million records within its network includes up to 25 attributes, empowering startups associated with the program to assess the viability of new game models quickly.

Building upon this robust data set, GambledID introduces its latest offering: Athlete Report Monitoring (ARM). ARM addresses a critical question—how to monitor and ensure integrity in professional and college sports. Departing from the conventional approach of prohibiting participants from engaging in any form of gambling, ARM adopts a model inspired by public financial markets. 

The ARM product aims to revolutionize how we ensure integrity in professional and college sports. The traditional approach of prohibiting all participants from gambling has proven ineffective so far. ARM adopts a "Yes" model, akin to public financial markets, promoting engagement with oversight and transparency. GambleID is actively discussing the advantages of this approach with key stakeholders in professional and college sports. Unlike just saying "No," GambleID is comfortable embracing change, saying "Yes" to a new era of integrity and transparency in sports.

See GambleID in Action

Say "yes" to a new era of gambling compliance where all players can participate safely. Schedule a demo today.

Insights
/
8.3.2024
/