OneComply has entered into a service agreement with Las Vegas gaming manufacturer GameCo to launch a new web-based compliance and licensing solution.
The Vancouver corporate and personal licensing firm’s solution enables gambling and gambling-related companies to store its licensing data and documentation for ongoing governance, regulatory investigation and the immediate creation of jurisdictional applications in secure cloud software.
Cameron Conn, CEO and co-founder of OneComply, said: “While we fully support the need for extensive applications and background investigations, a modernization of the process is urgently needed as companies look to maintain and grow their business efficiently.
“As a gaming executive, the amount of time spent not only with accountants and lawyers working on completing the documents but the time spent ensuring this information was consistent across applications and appropriately secured was an exhaustive drain of time and money that is better spent on running business operations.”
Headquartered in Las Vegas with additional offices in New York City, GameCo is currently licensed to operate in more than twenty gaming jurisdictions, including Nevada.
Blaine Graboyes, CEO of GameCo, added: “Our company was built on the foundation of innovation and we look forward to supporting this modern approach to compliance. As a licensed manufacturer, we are constantly balancing market demand for our products with the ability to meet regulatory scale. We believe OneComply would reduce time, money, and complexity while delivering to the highest common standard.”
“We are very excited about the launch of the OneComply solution with GameCo. Support from companies like GameCo has been vital in ensuring the impactfulness of the product. We truly feel this will ease the ongoing stress companies face when meeting application and licensing requirements,” added Conn.
OneComply is currently focusing on the North American Market with full product scalability to meet global regulatory requirements by 2021.