LexisNexis Risk Solutions and Radar Join Forces to Boost Online Gambling Compliance

October 2, 2024, 11:24 am - Maxime L.

LexisNexis Risk Solutions has partnered with Radar to help the US gaming operators navigate complex regulatory landscapes while prioritizing player safety. By merging Radar’s location services with LexisNexis’ expertise in fraud prevention and compliance, this collaboration offers a comprehensive solution that enhances geofencing capabilities for US online casinos and sports betting platforms.

What the Partnership Offers

This new alliance delivers more than just geofencing.

Radar’s advanced location-based technology will ensure that gaming operations comply with state boundaries, casino properties, and other regulated areas.
LexisNexis contributes its well-established tools in KYC (Know Your Customer), fraud prevention, and payment processing to provide a seamless system for managing compliance and customer security in one place.

According to Sean Britt, Senior Director at LexisNexis, the collaboration offers a timely solution in a rapidly expanding and increasingly regulated market:

By aligning with Radar, we can offer those protections throughout the entire customer lifecycle.
Sean Britt, Senior Director at LexisNexis

Navigating the Complex US Gambling Regulations

With 38 states and DC now involved in online gambling, staying on top of ever-changing regulations is a challenge for operators. The LexisNexis-Radar solution simplifies this process by integrating location tracking with regulatory compliance, allowing operators to ensure that all gaming activity happens within legal boundaries.

This combination protects players and helps operators compete with offshore platforms that don’t follow US standards.

Nick Patrick, CEO of Radar, emphasized how this partnership benefits the entire gaming ecosystem:

Radar’s extensive expertise in location-based products, coupled with our proprietary algorithms and robust reporting, aligns perfectly with the risk mitigation knowledge and solutions from LexisNexis Risk Solutions
Nick Patrick, CEO of Radar

A Growing Industry Under Increased Scrutiny

As the US gaming industry continues to grow, with its revenue reaching $17.63 billion for the second quarter of 2024, regulators are tightening their oversight.

Operators are now facing closer examination, as seen with recent cases like Borgata’s tax issues in New Jersey and Wynn Las Vegas’ use of an unlicensed service provider. The new solution from LexisNexis and Radar aims to help operators avoid these pitfalls, ensuring they can meet regulatory demands while continuing to grow.

This partnership stands out as a proactive step in an industry where compliance is becoming increasingly critical. By offering a solution that addresses both regulatory requirements and player safety, LexisNexis and Radar are positioning themselves as leaders in a highly competitive space.

Maxime L.

About the author

Maxime, the SEO wizard and content maestro at TrustnPlay.com, brings a strategic edge to casino gaming. With a roulette wheel in one hand and green tea in the other, his insights ensure you bet smart. Favorite quote: “In SEO and casinos, always bet on quality content. Now, where's my lucky 17?”