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OpenBet selects Vixio Regulatory Intelligence to be a Regulatory Compliance Partner
Vixio Regulatory Intelligence is the world’s leading provider of business and regulatory intelligence for the global gambling industry. OpenBet has announced that it will continue to partner with Vixio Regulatory Intelligence. OpenBet is a major content, platform, and service provider in the sports betting sector.
OpenBet decided to renew its partnership Vixio Regulatory Intelligence to ensure regulatory compliance, engage with regulators in a collaborative manner and embark on a new chapter in ambitious growth both in North American and International markets.
OpenBet’s compliance and business development executives continue to use Vixio Regulatory Intelligence’s industry-leading platform for conducting research on new market opportunities, comparing policy and regulatory requirements across United States states and other international jurisdictions and supporting the company’s advocacy and policy engagement efforts.
OpenBet receives essential market intelligence from Vixio Regulatory Intelligence on the current, past and future state of regulations.
- Past – Due Diligence. Vixio Regulatory Intelligence’s archive of intelligence and regulatory alerts on the global gambling markets accumulated by Vixio over the past 16 years allows OpenBet’s to assess regulatory risks and understand the priorities set forth by regulatory authorities around the world. Business development executives can also validate assumptions about market size and identify commercial opportunities by accessing variable market data.
- Present- Jurisdictional Reports Curated and curated by our in-house legal experts, these country-specific regulatory reports allow compliance executives to dive deep into the regulation of different gambling forms in over 180 jurisdictions around the world. OpenBet can use these reports to understand the regulatory structure of sports betting markets around the world. The unique Report Builder allows for comparisons of regulatory requirements in any combination of markets.
- Future- Daily Insights & Intelligence Vixio’s Regulatory Intelligence provides daily analysis of regulatory trends, legislative developments and other industry issues. This allows OpenBet the opportunity to plan for future policy shifts or new market openings.
Jessica Feil is the Vice President of Regulatory Affairs and Compliance at OpenBet. It allows us to have a dialog with regulators and provide them with data that will help to support our commercial success or growth goals.
Mike Woolfrey said, “We’re delighted that OpenBet’s chose us again as their preferred regulatory compliance partner. We’re also pleased that we’re able to continue to support the company’s growth, as regulated sports gambling continues to expand beyond Europe, into North America, Latin America, and beyond.”
OpenBet, acquired by Endeavor 2022, has licenses for 44 jurisdictions worldwide. In order to maintain compliance, the company must respond quickly to regulatory changes. It also needs to verify that its clients are suitable and adopt global best practices in responsible gaming, sports integrity, and data security.
