Jacob Ferguson, Author at bmm testlabs | bmm testlabs

BMM to Exhibit at SiGMA 2019

BMM to Exhibit at SiGMA 2019

BMM to Exhibit at SiGMA 2019

BMM Testlabs is pleased to exhibit at SiGMA from November 27-29, 2019.  Director of iGaming and New Product Strategy, Filippo Ferri, stated, “SiGMA provides an ideal environment for stakeholders within the iGaming world to network and examine industry trends that will set the tone for 2020. Shows such as these allow for operators, regulators and gaming platform suppliers to gather together to collaborate and discuss the latest industry trends. There will be many exhibitors showcasing new technologies and innovations within the iGaming space.”  Ferri continued, “Our team is extremely knowledgeable in iGaming and we are excited to engage with attendees who are ready to enter the market. Our testing and compliance solutions provide total peace of mind for our partners as we help them navigate through the challenging regulatory environment. We encourage attendees to meet with our experts to see how we may align our world class solutions with their technical compliance needs.” Friday, November 29 – Director of iGaming and New Product Strategy, Filippo Ferri, speaking on: New Frontier: LatAm – Latin America Regulatory Update – take a deep dive into the regulatory opportunities and risks within the LatAm ecosystem, as this budding market flexes its jurisdictional muscles into new territories.  Visit BMM at booth...

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BMM to Exhibit at SAGSE 2019

BMM to Exhibit at SAGSE 2019

BMM Testlabs, the world’s original gaming test lab and product compliance consultancy, is pleased to participate at SAGSE 2019 in Buenos Aires from November 20 – 22. SVP, Europe and South America, Marzia Turrini stated, “SAGSE Buenos Aires is an excellent opportunity for BMM to showcase our expertise and commitment to the Latin American market. Our customers in Latin America know this and we are proud to be the region’s go-to-market testing partner. BMM’s dedicated South America team is always there for our clients, to assist them during every step, every question and concern.” Turrini continued, “By attending great shows, such as SAGSE, our experts are able to meet and guide our partners through the continuous evolving shifts of the gaming industry landscape. In Argentina, our customers and partners are living a difficult moment. We want them to know that BMM is and will always be committed to this region, despite political and economic challenges that face the South American gaming industry. As BMM also continues to grow considerably, we are proud to always provide our partners with an unmatched, client centric testing experience.” Visit BMM at booth...

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The Original – BMM Testlabs to Exhibit at MGS 2019

The Original – BMM Testlabs to Exhibit at MGS 2019

BMM Testlabs is pleased to participate at MGS 2019 in Macau from November 12-14. EVP and General Manager, Asia Pacific and Africa, Kirk White commented, “BMM has seen extraordinary growth across the Asian Pacific region. In turn, we’ve grown our team and technical resources to support quicker certification times and increased market coverage to provide unparalleled guidance and support to manufacturers, operators and regulators alike. While BMM’s landbase and online product testing continue to drive our business, we are excited with the demand for our systems testing services from casinos, online, sports betting, lotteries and bingo systems suppliers. In addition, we are proud to continue our partnership with MPI for training and education in IT and gaming for locals.” VP, Business Development, Asia, Jeffrey Fong added, “Our top priority is maintaining the highest level of independent quality testing in the world, assisting regulators, manufacturers and operators in every gaming sector and every regulated market to achieve their respective goals. We are looking forward to meeting and consulting with our gaming partners and industry professions during the MGS to discuss our testing solutions and learn about their product roadmaps for 2020 and beyond. We encourage all attendees to stop by booth AN29 to learn more about our world-class...

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BMM TESTLABS – THE WORLD’S BEST REGULATORY PARTNER SINCE 1981

BMM TESTLABS – THE WORLD’S BEST REGULATORY PARTNER SINCE 1981

BMM Testlabs, the world’s original gaming test lab and product compliance consultancy is pleased to offer complimentary, tailored training solutions and tools to gaming regulators across the globe. Travis Foley, BMM’s Chief Operations Officer commented, “Through our BMM Academy, training and technology services are available year-round and are customized to meet the unique needs of each regulatory body, without a need for gaming lab exclusivity. We offer decades of expertise and industry experience to provide 24/7 support to the jurisdictions we serve. Our mission is to go above and beyond what is required of us, do the right thing and lead the way in responsible and ethical business practices.” Martin Storm, BMM Testlabs’ President and CEO added, “Importantly, BMM’s complimentary services do not require a pledge of exclusivity from commercial and tribal gaming regulators. Our only desire is to ensure our regulatory partners are up to date on all the latest gaming technology and get the help they need. We encourage all regulatory bodies to stop by BMM Testlabs booth at G2E to learn how we can align our exceptional training solutions to fit their unique needs.” BMM provides regulatory training at BMM’s state of the art training facility in Las Vegas, at various locations around the world and at client’s or regulator’s facilities, through the BMM Academy. The training curriculum provides a wide array of no-cost training solutions that include: • Field Audits• System Audits• Wagering Terminal Essentials• Understanding System Essentials• Wireless Security• Forensics/Incident Response• IT Security Essentials• Development of Internal Controls• Cyber Security Visit BMM Testlabs at G2E...

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STATE OF PLAY

STATE OF PLAY

Frank Fahrenkopf, former Founder & President of American Gaming Association, and current Non-Executive Director, BMM Testlabs interviews Martin Storm, BMM’s CEO on the industry state of play. Fahrenkopf:BMM’s 2019 business performance has been strong after an impressive 2018. What do you attribute continued growth to? Storm:Frank, BMM continues to outperform. We maintain our emphasis on test and certification, everywhere around the world for gambling products. We remain focused on organic growth – Revenue up 29% and EBITDA up 46% in 2018, and 2019 looks very good too. For the longest serving gaming lab that’s operated successfully for nearly 40 years, we repeatedly outperform our segment CAGR of 5-6%. We continue to rate first among global labs for quality of testing, time-to-market and customer service. We rate first because of our people, our talented leadership, management and staff. It’s truly a privilege to work with them all, as their professionalism, commitment and care make growth happen for BMM. What a differentiating factor they are. Fahrenkopf:The gaming testlab market around the world is dominated by BMM and GLI, who certify more than 80% of all gaming products. Even with GLI’s acquisition of NMi in Europe, it seems that BMM is growing appreciably in the online test segment. How did that happen? Storm:In the early years I did not want to invest in the online test segment due to our focus on U.S. licensing and U.S. legislative restrictions, even though we wrote the first comprehensive set of gaming standards for Online Gaming in 2001. We had a look at TST some 10 years ago as a possible acquisition but the culture and numbers didn’t work for us. Then GLI’s acquisition of NMi in 2017 made available some very talented staff who chose BMM as their new home. We committed to them and their results have been remarkable. Our European online business is growing at some 40% CAGR and can continue to do so into foreseeable future. Large online customers wanting to go everywhere can only choose BMM or GLI in online, so we are both competing actively for that business, and we win our fair share. Fahrenkopf:Speaking of GLI, while BMM has been very strong in international land-based testing markets for many years, it still remains the challenger brand in the U.S. Now that the jurisdictional gap between the companies has closed materially in the U.S., what should we expect next? Storm:Any major supplier in the U.S. that wants its slot machines and gaming systems certified, understandably wants a certification process that covers all the jurisdictions in a market to maximize product sales opportunities, without having to spend additional funds to test a second time for a handful of jurisdictions not initially covered. Because only GLI has complete jurisdictional coverage, it has essentially guaranteed itself of the vast majority of business within North America. While BMM is working on the last handful of tribal jurisdictions (from more than 300), GLI continues to offer free tools and services for jurisdictional exclusivity, effectively depriving major suppliers of competition among gaming labs, costing those same suppliers millions of dollars per annum. The time for real competition amongst labs in the U.S. is now, and its nearly here. Fahrenkopf:Has this exclusivity enjoyed by GLI served the U.S. gaming industry? Storm:It has certainly served GLI very well. James Maida, CEO and Owner, and Kevin Mullally, VP of Government Affairs, have worked very closely together in many jurisdictions over many years now developing regulatory relationships that have maintained those exclusive positions. When combined with their government lobbyists and tribal representatives, James and Kevin have been a very formidable and intimidating...

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