Jacob Ferguson, Author at bmm testlabs | bmm testlabs

BMM Testlabs and BMM Innovation Group Exhibiting at ICE 2023

BMM Testlabs and BMM Innovation Group Exhibiting at ICE 2023

BMM Testlabs and BMM Innovation Group Exhibiting at ICE 2023

BMM Testlabs is pleased to participate in the ICE London tradeshow taking place at ExCel in London between February 7-9, 2023. Attendees and exhibitors are encouraged to stop by the BMM Testlabs stand (N3-520) to network with our world-renowned product certification, quality assurance testing, and compliance services team of experts. Martin Storm, Executive Chairman and CEO, commented, “BMM is excited to be participating at ICE London again this year. Our team of experts will be available to provide help and expertise to all ICE attendees, whether they are start-ups, first time attendees, or large companies. Our reputation, combined with our team of experts, delivers the knowledge, experience, and tools necessary to lead newcomers and established companies to create compliant products for gaming markets all over the world.” Marzia Turrini, Executive Vice President, EURSAM, continued, “BMM is among the top two suppliers of online testing and certification services in Europe. We have established new dedicated teams and expanded our existing teams around the world to ensure that our online product certification, security testing, and audits continue to meet the expectations of our global customers. Our team of experts looks forward to educating all European suppliers interested in navigating the myriad of new regulatory frameworks during the ICE expo.” BMM will be joined in booth N3-520 by the BMM Innovation Group (BIG), which will be the first time BIG Cyber and RG24seven exhibit at ICE London. Amit Sharma, CEO of the BMM Innovation Group, will be present at ICE to discuss BIG Cyber’s services, which includes a 24/7 monitoring SOC and SIEM platform, fully managed cyber awareness training, security testing, and more. Wendy Anderson, CEO of RG24seven, will be present at ICE to demo the free training platform and discuss how RG24seven supports and protects the gaming industry through responsible, effective, and free employee training. For more information about BMM Testlabs or the BMM Innovation Group (BIG Cyber and RG24seven), visit us at stand...

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BMM Testlabs and BIG Cyber Earn Excellence Awards at Financial Intelligence Gala in Bucharest

BMM Testlabs and BIG Cyber Earn Excellence Awards at Financial Intelligence Gala in Bucharest

BMM Testlabs is pleased to announce that BMM Testlabs and its innovation arm, BIG Cyber, have been awarded the Excellence Award in Audit, Certification, and Cyber Security at the 5th annual Financial Intelligence Gala. The event was held at the JW Marriott Hotel in Bucharest, Romania, on December 7th, 2022, celebrating successful businesses in Romania. Vlad Dicu, Chief Operating Officer, BMM Testlabs Romania, commented, “We are ever so grateful to our clients, colleagues, and partners for their continued support throughout the region. BMM Romania is very pleased to be recognized by Financial Intelligence, a prime financial portal in Romania, as the leading electronic gambling machine and responsible gambling certification testlab. In 2023, we aim to strengthen our position by improving our client experience, enhancing our offerings, and contributing to the success of our clients and partners.” Alexandru Petrescu, Senior Vice President, BIG Cyber, continued, “BIG Cyber is delighted to be recognized by Financial Intelligence as the leading, high-end cybersecurity provider within the local gambling market. Like all industries and government today, gambling is vulnerable to an increasing number of cyber-attacks. BIG Cyber understands that the regulated gambling industry is built upon trust and fairness, so any breach can shake the confidence and loyalty of players. Our products and services are designed to strengthen the cyber posture of operators, suppliers, and businesses worldwide. You can find out more information on our website...

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BMM India Grand Opening

BMM India Grand Opening

BMM Testlabs in very happy to share highlights from the opening of our newest office in India this week! Martin Storm, Executive Chairman and CEO, commented, “We are grateful to our customers around the world for the opportunity to grow our business with them, and now extend our services from this strategic technology market in...

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Brazil Misses Out on World-Cup Betting. What’s India’s Wager?

Brazil Misses Out on World-Cup Betting. What’s India’s Wager?

Analysis by Andy Mukherjee and Tim Culpan | Bloomberg The most nail-biting wager in the world of gambling right now is Brazil: Will President-elect Luiz Inacio Lula da Silva end the country’s decades-long ban on games of chance? If he does, Brazil could overtake Italy to become the world’s second-biggest betting nation by number of machines, behind the US.  Or so we’re told by Martin Storm, the chief executive of BMM Testlabs. BMM and its rival Gaming Laboratories International, or GLI, test more than 80% of gambling products worldwide, helping to keep the industry on the straight and narrow. But Storm isn’t talking to us from Sao Paulo or Rio de Janeiro, which are missing out on an estimated 3 billion reais ($560 million) for not enacting a sports-betting law in time for this year’s FIFA World Cup. We catch the Melbourne native — over Zoom — in India. An Australian in the upper echelons of global gambling isn’t a surprise: The nation with less than half a percent of the world’s population has 20% of its slot machines. But what’s Storm doing in a country where only three out of 29 states permit casinos, and most of the real market — betting on cricket matches, historically — is underground? Storm is there to insert a little bit of “Made in India” into the certification regulators insist on before they allow consumers near a slot machine or an online game. That’s what drives the testing market, apart from the checks casino operators conduct for internal controls. “There’s nothing worse than players losing confidence in a market,” Storm says. Out of 474 regulated gambling jurisdictions, about 120 have unique requirements. Taxes make it a high-stakes sport. “Nobody is more addicted to gambling than governments,” he adds. Yet only a handful of jurisdictions have their own labs; most rely on the likes of BMM and US-based GLI, which at times require 100 submissions before approving a product. It’s people- and skills-intensive work that has brought Storm to India. It helps that Aristocrat Leisure Ltd., a fellow Australian firm and the creator of such smash hits as Queen of the Nile, is nearby in the same New Delhi suburb where Storm has opened his 14th facility worldwide. He wants to eventually hire between 500 and 1,000 employees in India to service the global market from there. It seems the maker and the checker are after the same thing: a slice of India’s 5 million-person-strong outsourcing talent. The computer code running the game must be scrutinized for elements of predictability hiding behind a promise of randomness. The win rates must be analyzed to ensure outcomes are not rigged. Things were simpler in the old days, when one-armed bandits sat in a casino hall or the local pub. Being online brings its own challenges, for that’s when the operators are assessed like any financial institution dealing with money and data.  Hackers prey on gaming just as they seek to exploit any vulnerability to get into the databases of a financial institution. Online casinos have long been targets, though many attacks go unreported. From banks to oil pipelines, victims keeping an incident secret is a kneejerk reaction borne out of embarrassment or the risk of a damaged reputation. For gambling websites, that threat is even more severe. Gamblers want to know that they’re playing a fair game, and any hint that something is amiss could have them heading elsewhere. So the sites keep breaches hushed up. While physical machines and online casinos undergo rigorous checks for how they operate internally, a huge weakness lies in the lack of network security standards. The software and hardware may be safe and function fairly, but that doesn’t mean malicious actors are prevented from getting inside and causing trouble. In 2019, a hacking group targeted betting companies in Southeast Asia as well as Europe and the Middle East, according to Taipei-based teams at security firms Talent-Jump Technologies...

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Exclusive Yogonet Interview with Adrianna Samuels, Vice President of Digital Business Development

Exclusive Yogonet Interview with Adrianna Samuels, Vice President of Digital Business Development

Congratulations on your new role as Vice President of Digital Business Development at BMM Testlabs. What is your industry background, and what unique experience are you bringing to BMM? I have extensive experience in sportsbook, online gaming, business development, risk, fraud, operations, and regulatory compliance that I am bringing to BMM. In my previous role I served as Chief Business Development Officer, providing key consulting to sports betting and iGaming operators. I led the various technology decisions necessary to create top quality sports betting platforms, negotiated market access deals and joint ventures, had oversight of operational staff and VIP management, and instituted a strong regulatory and internal control environment. BMM has successfully operated worldwide for over 40 years. What excites you about joining the BMM team? BMM has provided consulting for and tested many of the largest gaming networks and systems throughout the gaming industry over the past 40 years. I am very excited to join a company that has this impressive longevity, especially at such an exciting time in the company’s growth journey. I am also excited to collaborate with our partners who provide entertainment at consumers’ fingertips, certified by BMM quickly and responsibly. Sports betting and iGaming operators are in a complex environment that requires strong partnerships with well-versed and knowledgeable partners like BMM. As the longest established and most experienced gaming certification lab in the world, our team is equipped with a suite of solutions that ensure the success of our clients. iGaming is quickly gaining interest throughout North America right now. What insight can you give us about this key sector of the gaming industry? BMM’s iGaming and sports betting testing and certification services are in high demand globally. Recently we have seen an increase in interest across North America, as crucial compliance developments continue to evolve. At BMM, we partner with operators and manufacturers to be their turn-key solution for regulatory and compliance needs. We work in a fast-paced, innovative industry that is constantly evolving and growing, and, as a global testlab, we have the skills and experience necessary to ensure the success of our partners worldwide. The growing interest in iGaming in North America can be attributed to successful legislation, a growing consumer base, and product innovation. At BMM, we recognize that each jurisdiction is its own entity, and we are prepared to strategize with our North American partners accordingly as iGaming continues to grow. What are your plans for 2023? My main priority throughout 2023 is to educate North American operators and manufacturers on the incredible services that BMM has to offer. I will also actively listen to what the industry needs are, especially as 2023 developments arise, and work side by side with our team of experts at BMM to provide our industry the products, services, and trust that is needed within regulated gaming markets. As the industry and availability of gaming grows across North America, so will the need for education on responsible gaming. In addition to BMM’s core services, I will educate our partners on the BMM Innovation Group “BIG,” which provides support in the key areas of cybersecurity and vital education training. I look forward to introducing our partners to BIG Cyber and RG24seven, companies within the BMM family that focus on strengthening and protecting our industry. BIG Cyber provides protection to the gaming industry by helping suppliers, as well as commercial and Tribal casinos, improve the security and integrity of their network infrastructure and understand their cyber vulnerabilities. RG24seven provides world class, virtual gaming training presented by industry experts on key topics including responsible gaming, anti-money laundering,...

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