Published: Friday January 06, 2012
London – 6th January 2012 – GB Group PLC, a leading global Identity Verification and Management business based in the UK and Veratad Technologies, LLC, a world class provider of Identity Verification and Compliance Solutions based in the US, have welcomed the United States Department of Justice’s opinion letter which offers new clarification of the Wire Act and have announced that it will make available to US State Lotteries and Online Gaming Operators, a robust offering of online age and identity verification solutions.
Based on the 23 December 2011 release of a United States Department of Justice (DOJ) opinion letter revealing a significant change in DOJ’s position on Internet gambling, stating that the federal Wire Act of 1961 only applies to sports betting, Veratad and GB Group expect significant interest from State Lotteries and Online Gaming Operators looking to do business in any newly legalised US market. The two companies will offer consultancy and online solutions designed to protect against underage access and fraud including money laundering.
John E. Ahrens, Veratad’s Managing Director comments, “Our Veratad solutions, AgeMatchSM, IDMatchSM and IDMatch+PLUSSM are used in the US by many leading business including those in financial services, social networking, wine, tobacco, digital goods and rated entertainment. Our clients use our service for compliance and to protect their sites from unauthorized underage access and fraud. Our alliance with GB Group will afford a US based lottery or gaming operator the benefit of working with the leading global verifications provider experienced in the gaming sector and further allow us to check the age and identity of more than a billion citizens globally.”
As one of the first companies to automate electronic identity checking, and with over 10 years experience providing Identity Verification to the gaming, retail, telecommunications and financial service sectors, GB Group is well placed to help the US gaming sector with its US partner Veratad. Working closely with regulators and online gaming operators in Gibraltar, Malta, Alderney, Isle of Man, US and UK, clients are offered comprehensive player protection, compliance and data protection at sub-second speed.
Emma Lindley, Global Channel & Commercial Director at GB Group adds, “The news that the US has reversed its long-standing opposition to some forms of online gambling is tremendously exciting – for both the US and international business and consumers.
“While the announcement refers specifically to lottery tickets, it moves the chances of online gaming across other sectors – such as Poker and Bingo – a significant step closer. Indeed, the nature of the opinion together with recent positive comments from the Obama administration, suggests that some forms of online gaming will be regulated in the very near future. More news this week reports that New Jersey may be on course to have online gaming legislation in place during the first quarter of 2012, despite a delay in reintroducing New Jersey State Senator Raymond Lesniak’s Internet gaming bill.
“However, opening up the industry in this manner will mean many consumers, organisations and industry bodies are entering unchartered and unfamiliar waters, so they need to proceed with caution. Regulators will naturally focus on player protection, ensuring regulation and compliance obligations are met and that data is secure, but operators also need to be vigilant in protecting their sites from access by underage or unidentified users.
“Implementing proven identity verification systems that assess the user’s behaviour, device and identity details will reassure organisations that they have the best of breed solutions so they can proceed with confidence and build a successful, profitable business.”
GB Group and Veratad announced their strategic alliance back in November of 2011. Under the terms of the alliance, GB Group and Veratad work closely together; each as the primary source for the other in providing verifications. Together, Veratad and GB Group serve a wide variety of organisations requiring Identity Verification services.
About GB Group plc
GB Group is a leading Identity Management business. It helps organisations recognise and verify all elements of an individual’s identity at every interaction. Through the application of our proprietary technology, we enable organisations to connect, communicate and transact with people safely, responsibly and profitably. In doing so, we help businesses like O2, Laura Ashley, HMRC, HBoS, Virgin Games, PartyGaming, Betfair and Ladbrokes understand their customers better to create more meaningful customer interactions – and reduce costs across the business.
GB Group is listed on the London Stock Exchange (GBG). For more information, please visit GB Group’s website: www.gb.co.uk. GB Group - because identity matters™
For any further information, please contact:
Maxine Morgan, GB Group
Tel: +44 (0)1244 657333
Louise Waller, Bite Communications
Tel: +44 (0)20 8834 3445
Veratad Technologies, LLC (www.veratad.com) is a provider of both online/real-time and batch Identity Verification and Knowledge Based Authentication Solutions for those who conduct business on the Internet or any business that needs to verify an individual's age or identity. Its verification solutions are designed to verify an individual’s identity and/or age while protecting sensitive personal data and promoting a high level of consumer privacy. Veratad is trusted by companies large and small to provide verifications of age and identity. Its customers include some of the world's most well known corporations who use Veratad solutions to reduce the risk of fraud, comply with financial regulatory requirements, provide a safer online experience and act with a greater sense of social responsibility.
For further information, please contact:
John E. Ahrens, Managing Director
Veratad Technologies, LLC
Phone Number: 201-510-6000 ext. 114