Operating Within Parameters

As we have mentioned in past postings, we have been beating down the funding path as fast and as hard as we can go. The past week has been very encouraging as our traction and dialogue with interested investors is picking up. What is really encouraging to us is that some of the investors are asking the good, hard questions. Most of these good questions are in the ballpark of legality and the gaming license process.

In the grand scheme of things, we will be obtaining a license through a gaming commission (either in the U.K. or elsewhere that has a reputable track record). When we apply, there is a strict protocol of procedures that we will go through. One of the biggest items on the list? You guessed it: security and firewalls. Reputable gaming commissions are "reputable" because their requirements to obtain a license are very strict which gives them credibility, and they look to keep it that way. There are also bans in some markets, such as in the U.K., from advertising unless an entity is licensed through a reputable commission. Why? They want to protect their citizens and players and ensure that only fair gaming entities are operating in their territory.

These gaming commissions ensure that any license holder under their name is a legitimate operation that will not cheat players and has all measures in place to protect user information. In some cases, it also verifies that the operation has put parameters in place to only accept users/deposits from regulated markets.

Yes the process will be intense, but we will welcome it with open arms because
a) it ensures that we are staying within accepted operating bounds,
b) it gives us a certification that bettors will trust, and
c) it gives investors a solid, concrete backstop and assurance that we will be operating within regulated guidelines.

Onward.
The Wager Wars Team
https://angel.co/wager-wars