by Kajetan Sawicz

Begame Group Empowers Compliance with ClearStake Integration

In a significant move for the iGaming industry, Begame Group has announced its partnership with ClearStake, a pioneer in smart financial data request technology. This collaboration, set on 20th March 2024, marks a notable advancement in enhancing compliance measures and improving player retention through rapid and precise due diligence processes.

Transforming Compliance with Technology

Founded in 2010, Begame Group operates under its licensed entity, Dazzletag Entertainment Ltd, and boasts a portfolio of five brands, including BingoStars and PeachyGames. Known for its focus on fun and engagement, Begame Group has consistently innovated through its proprietary tech-stack, developing unique offerings such as affiliate platforms (GoGame Partners), live webcam-based bingo games, and comprehensive back-end tools.

The integration with ClearStake’s solution promises to revolutionize the way Begame Group’s clients conduct financial data requests. By enabling quick, secure, and user-friendly checks in under 30 seconds, the technology not only streamlines compliance processes but also significantly boosts player opt-in rates—by up to 160%, according to ClearStake.

A Tailored Approach to Compliance

ClearStake’s platform stands out for its configurability and ease of integration, offering operators the flexibility to make informed decisions on affordability, anti-money laundering (AML), and income validation swiftly. This tailored approach ensures that the data aligns precisely with the operators’ specific compliance requirements.

Martin Burt, CEO of ClearStake, expressed his enthusiasm about the partnership, highlighting Begame Group’s tech-first approach and commitment to community and entertainment as key factors that align with ClearStake’s values. “We are pleased to help them enhance their compliance capabilities through the integration of our Open Banking-based financial data request technology,” Burt stated.

Daniel Williams, COO at Begame Group, echoed this sentiment, emphasizing the transformative potential of ClearStake’s solution for income verification and affordability checks. “This easy-to-integrate solution addresses challenges that have significantly restricted our player lifetime values,” Williams noted, expressing confidence in the positive impact of this collaboration on the industry.

Our Comment on the Article

The strategic alliance between Begame Group and ClearStake is poised to set new standards in the iGaming industry for compliance and player retention. By leveraging ClearStake’s innovative financial data request technology, Begame Group not only reinforces its commitment to responsible gaming but also ensures a seamless and efficient compliance process. This partnership exemplifies the critical role of technology in advancing safer gambling practices, highlighting the importance of adaptable and user-friendly solutions in meeting the evolving needs of both operators and players. As the industry continues to navigate the complexities of regulatory compliance, such collaborations will undoubtedly play a pivotal role in shaping a more secure and transparent gaming environment.

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