In a strategic move to bolster its compliance capabilities and streamline player due diligence checks, fast-growing iGaming operator Begame Group has chosen ClearStake's innovative financial data request technology.
Established in 2010, Begame Group, operating under licensed entity Dazzletag Entertainment Ltd, boasts a portfolio of five brands, including BingoStars and PeachyGames, catering to the casual player segment.
Known for its tech-savvy approach, Begame Group has developed proprietary affiliate platforms, live webcam-based bingo games, and efficient back-end administration tools.
The collaboration with ClearStake empowers Begame Group to expedite financial data requests, ensuring quick and secure transactions in less than 30 seconds.
Leveraging ClearStake's fully configurable solution, Begame Group aims to enhance player retention rates significantly, with proven results showcasing up to a 160% increase in player opt-in.
ClearStake's technology enables operators to make swift affordability, Anti-Money Laundering (AML), and income validation decisions, tailored to their compliance requirements. With a seamless integration process, operators can access accurate data essential for effective risk management.
Martin Burt, CEO at ClearStake, expressed enthusiasm about the partnership, stating, "Begame Group's commitment to community and entertainment aligns perfectly with ClearStake's values. We're excited to support them in enhancing their compliance capabilities with our Open Banking-based financial data request technology."
Daniel Williams, COO at Begame Group, echoed this sentiment, highlighting ClearStake's solution as a game-changer for income verification and affordability checks. He emphasized the potential for improved player lifetime values, expressing eagerness to join ClearStake's esteemed roster of clients.
The collaboration between Begame Group and ClearStake underscores the growing importance of advanced compliance solutions in the iGaming industry, ensuring enhanced player protection and sustainable business growth.
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