U.S. Integrity, Odds on Compliance Form Sports Betting Compliance Giant
U.S. Integrity and Odds on Compliance — II of the largest of biggest providers of sports wagering and gaming compliance services — proclaimed plans to merge.
Las Vegas-based U.S. Integrity and Miami-based Odds on Compliance are both nearly held companies. Financial terms of the transaction weren’t disclosed. The merge was somewhat calculate when, earliest this year, the ii companies teamed upwardly on ProphiBet — “the industry’s first and only prohibited punter solution providing a secure and transparent method for sports properties.”
This strategic merger testament make a ball of fire of expertise, innovation, and comprehensive solutions for betting operators and professional person and collegiate sports organizations inward the ever-evolving humankind of sports betting and play compliance,” according to a statement issued by the merger partners.
The transaction is scheduled to tightlipped later this month.
Vast Market for Sports Betting Compliance
Amid a spate of recent sports betting controversies involving college and professional athletes, there’s a growing market related compliance services. That could auspicate good for the combined U.S. Integrity/Odds on Compliance.
U.S. Integrity clients include college conferences and item-by-item teams, professional leagues and sportsbook operators. Specific names on the company’s client roster include Monarch Casino Black Hawk, William Hill, the NBA, the Big12, the PAC12, and the SEC, among others.
The aforementioned ProphiBet social unit has proven practiced at attracting new customers as well.
“ProhiBet has gained unbelievable impulse next its set in motion Sept 1st with the signing of a list of sports properties and operators, including the BIG12, UFC, AAC, and Hard John Rock Digital, among dozens of others,” according to the statement.
Demand Seen Rising Sports Wagering Compliance
Smart bettors experience that they aren’t going to win all of their sports wagers. But they want to experience that they’re on a rase playing field, making integrity paramount. Unfortunately, match-fixing rears its ugly head on occasion, and gaming companies are motivated to preclude it from happening. Underscoring the market potency in sports wagering compliance, U.S. Integrity is backed past an impressive investor roster.
“Supported by investors including Las Vegas Sands, SeventySix Capital and the New York Angels, U.S. Integrity partners with some of the largest professional sports leagues and collegial conferences inwards the U.S., as wellspring as licensed sports-betting operators and regulators,” according to the company.
Sands took a bet inward the analytics and data provider in conclusion year. SeventySix Capital is also an investor inward Odds On Compliance as is Tekkorp Capital. Tekkorp Washington invests inwards public and common soldier companies with exposure to the esports and gaming industries.