Good news for online gaming in Nevada come from Geolocation services provider GeoComply, and payment processing outfit SecureTrading Inc. as the two companies will jointly support the internet gaming commencement process in this US State.
Last month, SecureTrading Inc. succeeded in obtaining Nevada licensing status as a service provider. The company is working together with a number of companies to incorporate technology to its specialist payment platform, ultimately delivering a single interface for maintaining regulatory compliance and consumer protection as well as payment processing.
“Although the US represents the world's largest potential internet gambling market, compliance with both State and Federal law means that only the most stringent geolocation capabilities will be acceptable,” Ted Friedman, COO of SecureTrading Inc. said.
“We're working with a number of strategic partners to ensure that online gaming in Nevada is supported by the most sophisticated technology available, enhancing the player boarding experience while meeting regulatory requirements. By integrating GeoComply's suite of products directly into our payment engine we are able to give our clients the confidence of knowing that the sovereignty of State and Tribal borders is being upheld," Friedman added.
CEO of GeoComply Anna Sainsbury also commented on the deal:
"SecureTrading Inc.'s strong background and proven track record in the processing of payments in the regulated internet gambling space has made them a great client to work with."