26.06.2023

by Mateusz Mazur

Crucial Compliance strengthens safer gambling measures with new office in the Isle of Man

Leading compliance solutions provider, Crucial Compliance, has announced its expansion with the opening of a new office in the Isle of Man.

Safer gambling environment

The decision was made due to a growing number of betting and gaming companies setting up on the island. These companies aim to enhance their current player protection measures.

Paul Foster, Co-Founder of Crucial Compliance, emphasized the company’s commitment to creating a safer gambling environment for all individuals. Recognizing that each gambling operator has unique compliance needs, Crucial Compliance is dedicated to delivering tailored strategies and solutions that align with these specific requirements and objectives.

Foster emphasized the company’s unique technology, Crucial Player Protection, which effortlessly combines player behaviour automation and modelling. This technology provides compliance teams with vital details to proficiently handle and engage with players on a broader level.

A significant surge in licensing activity in The Isle of Man

The Isle of Man has seen a notable increase in licensing activities within the last 18 months, owing to its well-established and easily accessible regulatory structure. The growing need for effective anti-money laundering (AML) measures and responsible gambling tools makes Crucial Compliance’s move to expand its business in the Isle of Man a strategic decision.

Crucial Compliance is confident that establishing a hub in the Isle of Man underscores its dedication to supporting partners in meeting the diverse and growing demands of AML and responsible gambling practices. The company’s advanced technology will enable gambling businesses based in the Isle of Man to effectively engage with players while integrating player behaviour automation and modelling into their operations.

 

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