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Geo-location firm launches new mobile locator

Thursday September 13, 2012 :  LOCAID KNOWS WHERE YOU ARE
 
Geo-location firm launches new mobile locator
 
Geo-location specialist Locaid has developed advanced mobile tracking technology suitable for use by cash processors and online gambling outfits, reports the publication VentureBeat.
 
The legal importance of being able to track where a bet has originated will undoubtedly attract the attention of companies in the industry.
 
"By using tracking data, Locaid can tell whether a mobile user is within the borders of Nevada and can legally place real-money bets on an online gambling site using a mobile phone," VentureBeat observes.
 
"Today, the company will add to its “location as a service” platform by adding mobile location to internet protocol location-tracking techniques. That technology can authenticate where a person or device is, and the combination of an internet address and mobile location serves to provide better accuracy for companies that have good reasons for tracking users. The technology is important to banks, casinos, e-commerce companies, and others. Seven of the top ten banks use Locaid, which has data on 350 million devices."
 
Mobile location additionally augments standard verification efforts, resulting in multi-source location verification.
 
Rob Gerber, chief executive of the San Francisco-based company, told VentureBeat that there are more than 9 billion connected devices today and that is expected to grow to 50 billion by the end of the decade.
 
“We are enabling companies and developers to locate every single one of their employees, assets, customers, all through a single API and all permission-based," he said.

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Gambling News :

Pokerstars Bahamas Main and High Roller Results - The inaugural PokerStars Championship Bahamas saw two big winners crowned this weekend when Christian Harder won the main event for $429,664 and Luc Greenwood took home $779,268 after taking down the $25,750 High Roller event.

Rodrigo Duterte has identified illegal gambling as his third priority - Illegal online gambling operators can anticipate tougher times in the Philippines following a directive from President Rodrigo Duterte that stamping out illegal gambling is his third most important goal after illegal drugs and government corruption.

High Hopes For Pennsylvania Online Gambling - Pennsylvania state politicians have wasted no time in getting back to work in the new legislative season, and there is renewed hope for a gambling expansion bill that includes online gambling and daily fantasy sports.

WILLIAM HILL ACCUSED OF QUESTIONABLE MARKETING TACTICS - British Labour member of parliament for Swansea East, Carolyn Harris, has described as "appalling" player-poaching techniques allegedly encouraged by the online and land bookmaker William Hill plc.

GoWild has announced the launch of its own new gaming platform - The European online gambling group GoWild has announced the launch of its own new gaming platform, providing entertainment in addition to its Microgaming games, which will now be delivered via the Quickfire platform.

UK Government Introduces Mandatory horseracing levy - The levy kicks in after the first GBP 500,000 in gross revenue has been earned by online and retail bookmaking firms and other betting organizations.

Chinese Arrested in Philippines Invalid - Representing the thirty-nine plaintiffs, defense lawyer Irene Bianca B. Distura claimed that the warrant that led to her clients’ apprehension is “invalid.”

NJ Warns No Federal Online Gambling Ban - New Jersey Senator and gubernatorial candidate Raymond Lesniak warned that any attempt to overturn a 2011 Department of Justice opinion that the federal Wire Act exclusively governs sports betting would be met with a hard-nosed reaction from his state.

Casino du Liban To Launch new online gambling platform - The venture will be in partnership with an unnamed international company, and a tender has already been launched with a deadline of January 19 to submit the proposals.

Winstar slot Pays Big Jackpot - One very fortunate online punter in Bermuda has scored a major win on the Winstar slot at the PokerStars online casino, collecting a $825,037 jackpot.

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