Prove Identity Partners with BetMGM to Elevate Security and Enhance Sports Betting Experience for March College Basketball
April 02 2024 - 8:30AM
Business Wire
Prove Pre-Fill reduces sign-up abandonment and
prevents promotion abuse for BetMGM digital sports betting and
casinos
Prove Identity, Inc. ("Prove"), the global leader in digital
identity, today announced a strategic partnership with BetMGM, a
sports betting and iGaming leader, to enhance the security and user
experience for BetMGM customers through the cutting-edge Prove
Pre-Fill® identity solution. Prove Pre-Fill® accelerates digital
consumer onboarding by up to 79% and is used by more than 1,000
businesses globally across diversified industries, including 9 of
the top 10 banks. This collaboration marks a significant milestone
in Prove’s journey towards providing seamless and secure digital
sports betting and casino services in the U.S. states where BetMGM
operates, pending regulatory approval.
“BetMGM is an innovator in the space, always looking to find new
and compelling ways to improve the online gaming experience,” said
Tom Hill, Director of Digital Identity and Head of Sports Betting
and iGaming at Prove. “Prove Pre-Fill® is the latest example of
that and allows customers to get access to the content they desire
faster than ever before through the identity verification process,
enabling them to take full advantage of BetMGM’s vast product
offerings.”
“We’re committed to providing customers with a seamless and
secure sports betting experience, and our partnership with Prove is
a testament to that safe bet,” said Adam Greenblatt, BetMGM CEO.
“Prove Pre-Fill® adds an extra layer of security, reduces sign-up
abandonment, and improves the overall user experience by
streamlining the identity verification and authentication
processes. Users can now enjoy the BetMGM sports betting and casino
experience faster and with greater peace of mind.”
Key Highlights of the Partnership:
- Streamlining User Onboarding: Prove Pre-Fill® technology
will revolutionize the onboarding process for BetMGM users,
minimizing sign-up abandonment rates. By simplifying and expediting
account creation, BetMGM aims to provide a frictionless experience
from the start.
- Preventing Bonus and Promotion Abuse: Prove's solutions
will be crucial in preventing rampant bonus and promotion abuse –
for example, using the same bonus code multiple times normally
intended for only first-time users – within the BetMGM digital
sports betting and casino platforms. This ensures a fair and secure
user environment, fostering a trustworthy and enjoyable gaming
experience.
For more information, visit the Prove Pre-Fill® and Prove
Pre-Fill® for Business solution pages or request a demo.
About Prove Identity, Inc. ("Prove"):
As the world moves to a mobile-first economy, businesses need to
modernize how they acquire, engage with, and enable consumers.
Prove’s phone-centric identity tokenization and passive
cryptographic authentication solutions reduce friction, enhance
security and privacy across all digital channels, and accelerate
revenues while reducing operating expenses and fraud losses. Over
1,000 enterprise customers use Prove’s platform to process 20
billion customer requests annually across industries, including
banking, lending, healthcare, gaming, crypto, e-commerce,
marketplaces, and payments. For the latest updates from Prove,
follow us on LinkedIn.
About BetMGM:
BetMGM is a market-leading sports betting and gaming
entertainment company, pioneering the online gaming industry. Born
out of a partnership between MGM Resorts International (NYSE: MGM)
and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of
MGM's U.S. land-based and online sports betting, major tournament
poker, and online gaming businesses. Utilizing Entain's
U.S.-licensed, state-of-the-art technology, BetMGM offers sports
betting and online gaming via market-leading brands including
BetMGM, Borgata Casino, Party Casino, and Party Poker. Founded in
2018, BetMGM is headquartered in New Jersey. For more information,
visit www.betmgminc.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240402361164/en/
Media: Prove prove@calibercorporate.com
BetMGM Press@BetMGM.com
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