There are many companies that have been forced to shut their doors until the coronavirus is no longer a threat to their employees and customers. The casino industry is not operational right now as a result of the pandemic. There is no time frame regarding when the casinos will be able to open again. As a result of this, people are finding new ways to gamble.
Further Reading: LocationSmart Company Profile: Valuation & Investors | PitchBook
The internet offers a wide variety of websites where people can play online poker and many of the table games that are frequently found in a real casino. As you might imagine, the fact that people are trapped inside their homes has resulted in gambling sites having an increase in new players.
LocationSmart has been in very high demand. Their services are being provided to many online gaming sites around the world. They have been tasked with determining exactly where each person is located when they attempt to create a new account that will allow them to place bets. This is important because each site can only allow people to create an account if they are located in certain countries. This means that their exact location needs to be established by LocationSmart before the person is allowed to gamble.
There are many people who live in countries where gambling is banned. Therefore, these people try to create accounts on gambling sites that are located in other countries. In many cases, these people are able to trick the site into letting them create a new account even though they are in an unauthorized country.
LocationSmart has been swamped with work since the pandemic shut down all of the casinos around the world two months ago. They have been the company that most online gaming sites have hired to determine the location of new players.
They company has never experienced a demand like this for their services in the more than two decades that they have been around. The company realizes this is a special situation because people are at home for endless hours and they are looking for something to occupy their time. For many of these people, they want to gamble while they are isolated at home. This has caused the use of online gaming sites to skyrocket.
LocationSmart was not expecting so many online gaming sites to hire them at once. However, the company has been handling the surge in demand very nicely. They feel that they have enough staff to keep helping many gambling sites for the duration of the global pandemic.
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The company just brought in many new employees for the sole purpose of helping figure out the locations of people trying to gamble online. Things are going well so far. They have enough staff members in place to handle an additional surge if more online gaming sites should hire them.
LocationSmart values accuracy above all else. They are confident that all of the location info they provide to these gambling sites is totally accurate. They have established a stellar reputation for accuracy over the years.
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