Nevada Gaming Commission Certifies Kount to Help Reduce Fraud in Online Gaming29-Jan-2015
Boise, Idaho – January 29, 2015 – Kount, a leading supplier of fraud protection and sales boosting technology, recently received unanimous approval from the Nevada State Gaming Control Board and Nevada Gaming Commission to provide services to the online gaming market.
“Fraud follows opportunity, especially in areas like online gaming where revenue growth and popularity continue to surge,” said Rich Stuppy, COO, Kount. “Fortunately we can now offer our industry-leading technology and expertise in protecting many of the world’s leading online brands to this growing segment of the gaming market. By implementing Kount, online gaming businesses can protect both their operations and their patrons from the impacts of fraud, paving the way for continued growth while insuring their business remains compliant with industry regulations.”
According to a newly released report from the UNLV Center for Gaming Research (http://gaming.unlv.edu) online gaming represents more than $130 million in annual revenues in the U.S., a small fraction of overall gaming revenues but growing at a steady pace.
“While the growth of online gaming to date has been substantial, some reports estimate this segment growing to nearly $9USD billion during the next several years,” continued Stuppy. “As more games are developed and more states allow Internet gambling, the right fraud solution will not only protect and ensure the security of gaming operations, it will enable companies to grow quickly without the threat of fraud."
Kount helps businesses boost sales by reducing fraud. Our all-in-one, SaaS platform simplifies fraud detection and helps online businesses accept more orders. Kount’s turnkey fraud platform is easy-to-implement and easy-to-use. Kount’s proprietary technology has reviewed hundreds of millions of transactions and provides maximum protection for some of the world’s best-known brands. Merchants using Kount can accept more orders from more people in more places than ever before. For more information about Kount, please visit www.kount.com.