OpenBet Acquires Player Protection Provider Neccton
LISTEN TO THIS ARTICLE:OpenBet, the sports betting technology provider, has announced the acquisition of the responsible betting solutions company Neccton.
Neccton is an industry leader in the provision of player protection, anti-money laundering (AML) detection, and other fraud detection services. Neccton monitors players and analyses player activities, their products evaluate player behavior to ensure an environment of responsible gambling.
OpenBet offers a variety of services to gaming operators aimed at player protection, and this acquisition will expand on these capabilities. OpenBet has partnerships with many tier-1 operators in the gambling industry, including FanDuel, Entain, DraftKings, Sky Bet, British Columbia Lottery Corporation, and Loto Québec.
Senior management at OpenBet pointed out that the gaming industry as a whole has put player welfare and responsible gambling as the main strategy of most gaming companies. This means operators will need the technology that Neccton provides.
Since the birth of online sports betting, OpenBet has been at the forefront of creating compelling and safe entertainment experiences built on solid technology foundations. We thrive on solving the most complex challenges our industry presents, and OpenBet’s acquisition of Neccton takes our commitment to player protection and AML to the next level.
The Neccton suite of products uses AI-based technology, and stakeholders in more than thirty countries use the company’s services. Neccton boasts its player protection products service up to sixty billion transactions, equating to thousands of events per second while evaluating the real-time wagering of players globally.
Our vision is to have Neccton technology deployed by the industry’s leading brands and shaping regulatory standards. With its 25-year track record, high compliance standards, and position as a leading partner for World Lottery Association members, there is no better partner than OpenBet to help us achieve that.
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