Hollywoodbets enhances player protection with ClearStake’s affordability checks

Global gambling operator Hollywoodbets has partnered with ClearStake to streamline affordability and source of fund checks for its players, ensuring the highest levels of player protection while minimizing any inconvenience during the verification process.

User-friendly solution

ClearStake, a platform designed specifically for the gambling industry, offers a secure and user-friendly solution for players to share their financial data in just three clicks and 30 seconds. The platform categorizes and analyzes this data, providing the Hollywoodbets team with the necessary information to make instant affordability and source of fund decisions.

By implementing ClearStake, Hollywoodbets can proactively manage its customer base by setting appropriate limits and ensuring the protection of each player. The platform enables the operator to strike a balance between responsible gambling measures and allowing players who wish to bet freely to do so within their means.

Highest player protection

Martin Burt, CEO at ClearStake, emphasized the company’s mission to support gambling operators in protecting customers while minimizing customer loss. He stated, “Ensuring the highest player protection is key to any operator, and our technology allows businesses to truly know how much every customer can afford to spend while meeting rapidly evolving regulatory requirements. We’re delighted to be helping Hollywoodbets change the face of compliance.”

Tyla Labuschagne, Compliance Manager at Hollywoodbets, expressed satisfaction with the partnership and ClearStake’s platform: “It is such a pleasure working with the ClearStake team and using their platform, they are so hands-on and helpful with any queries we have.

“The platform is easy to use and any changes we request are promptly implemented. Our conversion ratio has increased substantially using ClearStake. I would highly recommend ClearStake to other operators.”

The collaboration between Hollywoodbets and ClearStake underscores the industry’s commitment to implementing robust player protection measures. By leveraging ClearStake’s technology, Hollywoodbets aims to ensure a safe and responsible gambling environment for its customers while maintaining a seamless betting experience.