GeoComply and Underdog signed a partnership deal for the North American market. As a result, the former becomes the exclusive geolocation provider or the latter in the specific market. Also, GeoComply expanded its roster of partners with the new deal.
Underdog is a relatively new online sports betting and fantasy sports operator. According to soccer betting experts, it can access GeoComply’s advanced technology and solutions. Also, it included Solus and Core suite products. On the other hand, Underdog will use the solutions to improve its fantasy sports services. Also, it would strengthen its soccer betting products in the future.
Many sports betting firms use GeoComply Core because it is accurate and reliable geolocation technology. According to pay per head bookie solution sources, most players go through a geolocation check in less than three seconds.
GeoComply and Underdog Signs Deal
GeoComply’s technology delivers geolocation pass rates of up to 98 percent. In addition, it can detect IP spoofing 99 percent of the time. The system also offers safeguards against identity theft, chargeback fraud, bonus misuse, and other forms of financial impropriety.
On the other hand, the company’s Solus solution helps fantasy sports businesses by reducing headaches for online DFS participants. In addition, GeoComply guarantees that no extra plug-ins are required and that the solution is optimized for HTML5 browsers for online players’ geolocation needs.
According to gambling news reports, the partnership between GeoComply and Underdog is not unexpected. Underdog is one of the most talked-about companies in the industry since its Series B round of funding resulted in a valuation of $485 million last year.
Underdog’s senior director of operations, Matt Garrigan, remarked on how excited they are to work with a worldwide leader in fraud and risk solutions like GeoComply as they become a bookmaker in various markets.