Monarch Casino & Resort has retained GeoComply to provide geolocation services for its Colorado online sports betting site, Casino.org has learned.
The announcement came on Thursday, the same day the Colorado Limited Gaming Control Commission approved a $400K fine levied against the Monarch Black Hawk Casino, which operates the sportsbook. The fine was to settle violations the casino discovered last year after it learned employees accepted sports bets by proxy.
Proxy betting, where a person places a wager for another individual, is prohibited in Colorado.
GeoComply is a Canadian-based company that offers geolocation services and other fraud prevention and cybersecurity solutions for companies in the entertainment, financial, and gaming sectors.
The announcement came on Thursday, the same day the Colorado Limited Gaming Control Commission approved a $400K fine levied against the Monarch Black Hawk Casino, which operates the sportsbook. The fine was to settle violations the casino discovered last year after it learned employees accepted sports bets by proxy.
Proxy betting, where a person places a wager for another individual, is prohibited in Colorado.
GeoComply is a Canadian-based company that offers geolocation services and other fraud prevention and cybersecurity solutions for companies in the entertainment, financial, and gaming sectors.