ILLINOIS BRINGS COMPETITION TO TESTING SERVICES IN KEY PIECE OF SPORTS BETTING BILL
ILLINOIS BRINGS COMPETITION TO TESTING SERVICES IN KEY PIECE OF SPORTS BETTING BILL
Illinois ended its run as the last U.S. state to restrict on-going competition among the third-party laboratories that certify gaming equipment when it granted a license to BMM Testlabs on Monday. When Illinois moved to allow sports betting in May, the 800-plus page bill had another important provision. For the first time, it allowed the state to join the more than 98% of all gaming jurisdictions in the world who license, approve or accredit multiple qualified labs to certify gaming manufacturers’ products for final approval by the gaming regulator. The newly appointed Illinois Gaming Board reacted swiftly to this authority with an Emergency Rule that allowed the Board to grant a license to BMM Testlabs. The new licensing rules require that test labs meet ISO accreditation and demonstrate licensure in other jurisdictions comparable to Illinois. Martin Storm, BMM President & CEO noted, “As a test lab that already provides these services very successfully in over 460 gaming jurisdictions, BMM certainly embodies the qualifications that Illinois policymakers had in mind.” Gaming manufacturers need a choice of labs, not only to certify their products but also to enhance the overall quality of their products. Testing and certification errors are very costly when discovered in the field, especially for the manufacturer who must remove or fix the problem. Of the new licensure process, Martin Storm added, “While BMM would love to be a self-proclaimed ‘leading lab’ in Illinois as our competitor has touted, there is no such thing. The new statute and regulations in Illinois have created a level playing field where labs are licensed and manufacturers choose which licensed lab will certify their product. We look forward to product testing for manufacturers in this important gaming...
Read MoreBMM’s Director Tribal Gaming, Jodi DiLascio Announced as a 2019 AISES Board Member
BMM Testlabs is pleased to announce that Director, Tribal Gaming, Jodi DiLascio has been elected as a 2019 Board Member for the American Indian Science & Engineering Society (AISES) and will serve a three-year term. DiLascio commented, “This opportunity is a true culmination of my life’s work, uniting my leadership and mentoring skills with my passion and commitment to Tribal youth to promote STEM advancement as a proud member of AISES Board of Directors. Working at BMM Testlabs for the past 10 years has allowed me to dedicate time doing what I am passionate about, Native Sovereignty and encouraging young Native people to pursue their dreams. I am thankful to the AISES membership for the opportunity to serve the organization and advance the mission of AISES with increasing the number of Native Americans and 1st Nations in STEM careers.” COO, Travis Foley added, “As BMM’s Director, Tribal Gaming, Jodi does a great job representing the company in the Tribal community. Our commitment and valued relationships within Tribal gaming are as strong as ever and we are very pleased to have Jodi serve on the AISES Board of Directors.” DiLascio also currently serves as a member of the National Indian Gaming Association Board of...
Read MoreBMM’s Melissa Shuba Promoted to Director, Regulatory Compliance
BMM Testlabs is pleased to announce the promotion of Melissa Shuba to Director, Regulatory Compliance, following three years with the company. COO, Travis Foley commented, “I am very pleased to expand Melissa’s leadership role at BMM. Melissa brings more than 15 years of regulatory experience, having spent the majority of her career at the Nevada Gaming Control Board. Subsequent to her time at Nevada, Melissa spent years in the industry in management roles for IGT and DEQ Systems Corp. (now Scientific Games Corporation). With both regulatory and industry experience, Melissa has established relationships with regulators worldwide, making her a great asset to BMM. I look forward to working with Melissa as she progresses in this important role, in addition to serving as the Compliance Officer for BMM’s Global Compliance Committee.” Shuba added, “Vast compliance efforts are underway as BMM expands its licensing footprint and I’m honored to be a part of the BMM team at such an exciting time. This is a great opportunity for me to take leadership of BMM’s global license portfolio and further the connections I’ve built.” Melissa Shuba, Director, Regulatory Compliance can be contacted at melissa.shuba@bmm.comor at BMM Las Vegas Headquarters 702 407...
Read MoreBMM Testlabs – Top Test Lab at Expo 24 Romania
BMM Testlabs is pleased to announce participation at Expo 24 Romania in Bucharest from September 3-5, 2019. EVP, Europe and South America, Gene Chayevsky commented, “We are looking forward to another great showing for BMM at Expo 24 Romania. The event provides a unique opportunity for us to see the variety of new products being launched in the Romanian market and to identify the best ways that BMM can support the introduction of these new products through our market leading certification and inspection services.” Chayevsky continued, “This year, in addition to the traditional focus on new gaming technology and products, we expect show participants to express more interest in learning about emerging cybersecurity solutions available in the market. BMM launched our cybersecurity offering in the Romanian market earlier in 2019, and our experts will be in attendance to discuss how BMM can enhance our customers’ cyber resilience through our services.” “Since the launch of our Romanian testlab in June 2018, BMM has grown into the leading lab in the Romanian market in both online and land-based segments. As the Romanian market, as well as the larger European market continues to grow, we are committed to providing highest quality, reliable services across all market segments to ensure that gaming operators and equipment manufacturers continue to view BMM as the trusted lab of choice in Romania and Europe,” concluded Chayevsky. For more information on specific compliance and testing requirements, visit BMM Testlabs at booth #524 during Expo 24...
Read MoreBMM Testlabs Announces Record First Half 2019 Financial Results
BMM Testlabs is pleased to announce record first half financial results for 2019. “Momentum from successive record financial years between 2016 and 2018 has continued into the first half 2019. Importantly, year-on-year actual growth is balanced across revenue, gross margin and EBITDA, reflecting significant investments in people, processes and systems across the business, worldwide,” reported President and CEO Martin Storm. Storm added, “New growth is being driven by large gaming manufacturers, iGaming B2B and B2C clients and new levels of operational scale achieved from all of our labs around the world. Importantly, quality, velocity and service continues to exceed industry competition and BMM continues to win new business, competitively. BMM now operates in 460 gaming jurisdictions and counts more than 500 customers.” Storm continued, “After 13 years of engagement, BMM applauds the Illinois legislature’s changes to gaming lab rules allowing for lab competition in Illinois and gaming manufacturer’s choice of the best lab for their product lines.” BMM is one of only two gaming labs serving gaming manufacturers, regulators and operators throughout the...
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