GeoComply Wins Geolocation, KYC License in Maryland

On November 1, the Maryland State Lottery and Gaming Control Agency announced that it had awarded GeoComply with a tier-one contractor license for its geolocation and ID verification services.

GeoComply Wins Geolocation, KYC License in Maryland

Last week, the Maryland State Lottery and Gaming Control Agency announced that GeoComply has been awarded a tier-one contractor license for its geolocation and ID verification services.

The license will allow GeoComply to supply its leading 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.

GeoComply’s Senior VP of Compliance Lindsay Slader said, “We are very excited about the launch of Maryland’s highly anticipated mobile sports betting market. Our team has worked hard to meet Maryland’s rigorous standards.

“Having our license 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.”

A month ago, GeoComply won a conditional license from the Ohio Casino Control Commission. Maryland is expecting to launch its regulated market before the end of the year, with Ohio set to follow in January.

IDComply streamlines existing KYC and AML processes through an all-in-one solution. It allows operators to get the highest possible age and identity verification rates through a waterfall workflow. The process checks multiple vendors and data sources, all through one API call.