Rip Gerber, CEO of Locaid, thinks location services will be of vital importance to the future of online gambling.
“It’s a location data delivery model where privacy-protected physical location data acquired through multiple sources including carriers, Wi-fi, IP addresses and landlines is hosted in the cloud and made available to enterprise customers through a simple API,” Gerber recently told Forbes.
In particular, Gerber says these services will seriously impact the mobile gambling industry in a positive way, as “they provide a location determination that authenticates that a player is where they say they are.”
According to a report this week from Online Casino Reports, location services ensure that strict regulations are adhered to across the global landscape.
“With online gambling currently undergoing a big transformation in the United States through recent laws in Nevada, New Jersey and Delaware, the leading LaaS companies may be about to cash in big,” the report reads.
Do you believe Mr. Gerber is correct? Please weigh in with your thoughts or comments below.
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