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PADDY POWER TIGHTENS UP ONLINE AGE VERIFICATION

The Irish online gambling group Paddy Power has increased the range and intensity of its ID and age verification measures designed to exclude the underaged and fraudsters from its Internet facilities, signing up the Scots specialised software developer NetIDme for the task.
 
Paddy Power needed a solution that would allow it to age-verify high volumes of new customer registrations for both key sporting events and everyday business needs, and the task came with the following specifications:
 
* There should be no negative impact on the customer experience. Electronic age verification is preferable as it minimises the inconvenience for customers.

* The age verification solution must increase online pass rates - a  key element for optimising customer registrations.

* The chosen solution should help to reduce the resources required for costly and time intensive follow up calls.
 
NetIDme's solution has allowed Paddy Power to quickly process high numbers of verifications in one single batch process, which means that the gambling company can verify its customers on average within 6 hours of sign-up. To ensure the highest possible online match rates, NetID Verify's self-learning Optimised Ratings Engine (ORE) has the  ability to instantly identify the best data source for each verification request.
 
Instantly reaching an estimated 800 million external records including the electoral register, the platform has also been configured to include additional fraud checks through the use of an Address Verification System (AVS). The results are passed back securely, within the approved time window, before any winnings are required to be paid.
 
Paddy Power trialled the software before signing the agreement, using it on major, high volume events like the Cheltenham Racing Festival in March. During Cheltenham, it increased the bookmaker's "pass rate" on confirming identities from 80 percent to 93 percent, which reduced the amount of revenue Paddy Power was losing. It also improved customer service as it made registration easier.
 
Peter McCudden, chief operating officer with NetIDme, says: "Remote gambling is a growing market in the UK and internationally, and Paddy Power is a big win for us as we'll be the main provider for all sporting events."
 
“NetlDme offered us a solution that was easy to implement, matched our requirements and allowed us to increase our match rate by 10 percent” said Ronan Wall, Online Operations Manager at Paddy Power.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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