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Greco launches operations in New Jersey

Greco has registered as a vendor in New Jersey, where it plans to start its US operations in enhancing risk management for online casinos and iGaming operators.

Greco New Jersey
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Resorts Digital Gaming has already announced it has an agreement in place with Greco, which the New-Jersey-based arm of Resorts Casino and hotel hopes will ‘herald a wider shift in the local industry, worth $3.12 billion to the state economy.’

Furthermore, the deal is in place to protect casinos from bonus abuse, a type of scam that sees players able to ‘extract $17,875 in value per identity if only targeting welcome offers’ – according to Greco’s Ozric Vondervelden and Philip O’Driscoll.

Commenting on the launch in New Jersey, Ed Andrewes, CEO of Resorts Digital Gaming, said: “The fact that Greco is now registered as a vendor is great news for us and other operators in the state.

“Greco’s risk engine will enable us to combat one of the biggest challenges we’re facing at the moment, and we are looking forward to leveraging off their considerable experience in the European market.”

Greco is currently in discussions with other online operators to implement its system across the state – while it is also looking at getting similar licences in other parts of the US.

In recent news, the state of New Jersey announced it had made $485m in total gaming revenue for September 2022, reflecting a 7% year-on-year growth.

Total gaming revenue for the year so far stands at $3.87bn, 12% higher than was reported at this stage last year.

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