Compliable Broadens Its Horizon to Europe and LatAm
Compliable, a leading provider of compliance software, is set to make significant strides in the global gaming industry by expanding its licensing management solutions to the European and Latin American markets.
This strategic move comes on the heels of Compliable’s successful track record in the US, where it has been instrumental in supporting top industry names like FanDuel, bet365, and BetFanatics in navigating the complexities of gaming licenses.
Global Expansion Amid Rising Regulatory Demands
The expansion is timely, given the increasing regulatory demands and the growing importance of licensing from a reputational standpoint in both established European markets and emerging territories in Latin America. Compliable’s software solution is designed to streamline the entry of operators and suppliers into new countries, significantly reducing the regulatory burden and facilitating quicker market access.
Compliable’s platform offers a unique value proposition by enabling users to input essential information once during the licensing process, which is then autopopulated across various forms. This approach not only ensures error-free applications but also dramatically cuts down the time required for employee licensing by 90%, reducing it to less than an hour. Such efficiency has led to a significant increase in the number of employees that companies can onboard, with figures soaring by up to 700%.
Chris Oltyan, CEO of Compliable, shared insights into the company’s vision, highlighting the clear demand for their market-leading licensing management solution beyond the US borders. Oltyan emphasized the potential of their platform to eliminate bottlenecks in the licensing process, thereby allowing companies to concentrate on their expansion strategies without being hindered by compliance complexities.
Our Comment on the Expansion
Compliable’s foray into the European and Latin American markets represents a pivotal development in the iGaming industry’s compliance landscape. By offering a solution that simplifies and accelerates the licensing process, Compliable is not just enhancing operational efficiency for gaming companies but is also contributing to a more dynamic and compliant global gaming ecosystem. As regulatory frameworks continue to evolve, Compliable’s innovative approach could set new industry standards, making it an indispensable ally for companies looking to navigate the intricate world of gaming regulation.
