While the state of West Virginia has still not legalized sports betting, it has already awarded its first interim sports betting license ahead of changes to its gambling laws. GeoComply was awarded the interim license, allowing it to provide its geolocation compliance solution to online gambling operators. The technology ensures that the gambling operators are only taking bets from customers that are based within the state’s borders.
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West Virginia is moving swiftly ahead with plans to legalize sports betting, and hopes to go live in time for the start of the 2018 NFL American football season that begins in September. In the meantime, since the law has still not been passed, GeoCompliance will require full approval from the West Virginia Lottery.
The managing general counsel for the West Virginia Lottery, Danielle Boyd said about the state’s plans: “With the recent repeal of PASPA [Professional and Amateur Sports Protection Act of 1992], we have set a very aggressive timeline for introducing sports wagering in the state, and are happy to have GeoComply show its readiness to support our launch in time for the new NFL season.”
The chief executive of GeoComply, David Briggs was complimentary of West Virginia’s approach to the regulation of sports betting. He said that the company was grateful for the support shown to his company during the licensing process. Briggs said that GeoComply was now ready to supply compliance-grade geolocation solutions to local operators and partners in West Virginia and help them get online sports wagering up and running in the state.
In the meantime, other operators are waiting in the wings, ready for changes to West Virginia’s laws so that, they too, can apply for a license. These companies include William Hill, the Paddy Power Betfair-owned Daily Fantasy Sports group, FanDuel and Kambi.