OpenBet Locator bolsters compliance technologies

OpenBet Locator bolsters compliance technologies

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OpenBet has bolstered its modular product portfolio with the launch of its new flexible and scalable geolocation product, OpenBet Locator.

Built on the backbone of Amazon Web Services (AWS), OpenBet’s strategic cloud provider, OpenBet Locator is a low latency solution that enables operators worldwide to locate, promote to and monitor customers, remaining fully compliant with regulatory requirements.

The technology strengthens OpenBet’s reputation for market-leading player protection and compliance following the company’s acquisition of Neccton in 2023.

With OpenBet’s regulatory reach and multiple licenses, brands will be able to ensure seamless and swift integration of its trusted and compliant technology into their ecosystem.

Initially targeting the North American market, the solution will feature a number of components, such as: fully flexible geo-fence management and high precision location tracking, fraud prevention combined with real-time virtual private network (VPN) and location spoofing detection, player targeting for customer relationship management (CRM), data analysis and in-venue promotions, multi-tenanted solution that supports travelling wallet and easy and flexible configuration options to streamline business operations workflows.

Jordan Levin, CEO of OpenBet, says: “Introducing OpenBet Locator is an exciting move for us and takes our modular product offering to a new level. Built in-house and leveraging AWS technology, we have developed a strong proposition that can be tailored to meet unique business needs.

“As a pioneer within the global sports betting arena for over 25 years, we have an in-depth understanding of the challenges and opportunities operators face within highly regulated markets, and OpenBet Locator is a scalable, compliant and dependable geolocation solution that removes the barriers to operators’ success.”