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Locaid and GeoComply Sign Agreement
Wednesday April 24,2013 : GEOCOMPLY PARTNER WITH LOCAID MOBILE
Advanced geolocation capability across any device
Location Service firms Locaid and GeoComply have signed an agreement that will allow gaming operators to simultaneously access Locaid's multiple sources of location data in conjunction with GeoComply's geolocation services to identify the physical location of players no matter what device the player uses.
Locaid's device location reach spans over 400 million mobile devices and over 4.8 billion connected devices across the globe, all through the cloud and its integration into GeoComply's software and tools will deliver accurate location authentication, regardless of the device.
"Within four years, annual wagering via mobile handsets and tablets will surpass $100 billion," said Rip Gerber, President & chief executive officer of Locaid. "Location data is the key enabling element for the mobile gaming industry. Every gaming operator will be required by state regulators to authenticate the location of a mobile device when a consumer is placing a wager. The casino on your smartphone only works with Locaid location data as a confirmation source. Combined with GeoComply's secure and easy-to-use operating tools, every operator and casino can get the best experience that satisfies regulatory requirements."
"GeoComply was founded to address the need in the internet gaming market for accurate and secure location solutions," added Anna Sainsbury, chief executive officer of GeoComply. "Our solutions are designed to meet the most stringent requirements whilst enabling operators to accurately locate online players across all devices. We strive to ensure we offer our clients a streamlined geolocation solution, which integrates the best location technologies on the market. As Locaid has demonstrated its ability to offer secure and reliable location data to licensed operators in Nevada, they are an obvious partner for us."
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