This Couple Built an Obscure Corner of Sports Betting Into a Billion-Dollar Business

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If you're trying to cheat a gambling app, there's a good chance a company called GeoComply is on to you. Meet the husband-and-wife founders of a business that is quietly policing nearly every bet made in the online-gambling industry in the U.S.

Alana Paterson for The Wall Street JournalVANCOUVER—A husband-and-wife team founded a tech company here that is quietly policing nearly every bet made in the multibillion-dollar online-gambling industry in the U.S.

GeoComply scrutinizes nearly every online bet on sports to determine whether the wager is happening in a state where it’s legal. Over the past five years, the company has signed on DraftKings , FanDuel, BetMGM, Caesars and other betting operators as customers as online gambling rapidly expanded across the U.S.

 

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