CRUCIAL COMPLIANCE ANNOUNCES STRATEGIC EXPANSION INTO THE ISLE OF MAN
18 July 2023
Crucial Compliance, a leading provider of comprehensive compliance services and safer gambling strategies, is thrilled to announce the opening of a new office in the Isle of Man. This expansion is a testament to the company's commitment to enhancing the eGaming industry's ability to meet the growing and diverse demands of Anti-Money Laundering (AML) and responsible gambling.
As a finalist in the Isle of Man Fintech Innovation Challenge, Crucial Compliance has demonstrated its ability to provide innovative solutions for regulatory compliance, responsible gambling, and corporate responsibility. The new office represents the company's response to the increasing demand for eGaming businesses in the Isle of Man to integrate player behaviour automation and modelling, providing compliance teams with the necessary information to manage and interact with players at scale.
Paul Foster, co-founder of Crucial Compliance, said: “Our mission at Crucial Compliance is to create a safer gambling environment for everyone. We understand that each operator in the gambling industry has unique compliance needs, and we are committed to providing tailored strategies and solutions that align with these requirements and objectives. Our proprietary technology, Crucial Player Protection, seamlessly combines player behaviour automation and modelling to equip your compliance teams with the necessary information to manage and interact with players at scale.”
“The Isle of Man has seen a significant increase in the number of licenses over the last 18 months, thanks to its mature, accessible regulator. Coupled with the increasing demands for holistic AML and responsible gambling tools, the decision to expand into the Isle of Man aligns perfectly with our business growth strategy.”
“During the Fintech Innovation Challenge, we have developed strong relationships with local businesses. The new office cements our commitment to growing our existing resources on the island,” Foster added.
Lee Hills, Mentor for Crucial Compliance in the Fintech Innovation Challenge, commented: “It is fantastic to have one of our international finalists put down roots on the island. This demonstrates the strength and effectiveness of introducing international businesses to our supportive business community. The services offered by Crucial Compliance will assist in maintaining the Isle of Man’s high standard and integrity of the market. We look forward to Crucial Compliance adding to our already rich digital ecosystem.”