GeoComply has announced that it has signed an agreement to provide its geolocation compliance services to DraftKings. GeoComply’s geolocation technology will be provided to DraftKings’ native app and web applications to verify a player’s wager is placed from a location where sports betting is authorised, to ensure compliance with federal and state regulations.
“Since 2015, we’ve been providing DraftKings with location compliance solutions for their Daily Fantasy Sports (DFS) product and are excited to be taking our partnership to the next level with this extension into their new sports betting platform,” said Anna Sainsbury, CEO of GeoComply USA.
Paul Liberman, COO and co-founder, DraftKings, added: “GeoComply’s proven solutions are an extremely important part of the compliance requirements for the established DFS and igaming markets and we are very happy to extend our work with them for our sports betting product.”
GeoComply’s solutions have been utilised on over 250 million devices and perform an average 10 million verification checks per day. Headquartered in Boston, MA, DraftKings offers daily and weekly fantasy sports contests across 10 professional sports in the U.S., Canada, United Kingdom, Malta, Germany, Ireland, Austria and operates in Australia under a licence issued to the Australian subsidiary, DraftKings Australia Pty.