The Maryland State Lottery and Gaming Control Agency has awarded GeoComply a Tier One Contractor licence for its GeoComply Core and IDComply products.
Gaining the licence, GeoComply will be allowed to supply its geolocation, ID verification and fraud detection and prevention services to regulated operators in Maryland when the state launches its regulated sports betting market later this quarter.
“We are very excited about the launch of Maryland’s highly anticipated mobile sports betting market,” explained GeoComply’s SVP of Compliance, Lindsay Slader. “Our team has worked hard to meet Maryland’s rigorous standards. Having our licence in hand means that our customers can launch with confidence on day one.
“We look forward to supporting the compliance needs of operators and providing state regulators with tools and data so they can properly oversee the growth of mobile sports betting in Maryland.”
Companies providing KYC services in both states are required to obtain a supplier licence. As such, GeoComply’s Maryland Tier One Contractor licence covers its IDComply product and market-leading geolocation services.
Maryland is expecting to launch its regulated market before the end of the year, with Ohio set to follow in January. GeoComply’s new licence follows the award of a conditional licence by the Ohio Casino Control Commission just one month ago.