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Hollywoodbets partners with Clearstake

5 Jul 2023

(PRESS RELEASE) -- Global gambling operator Hollywood Bets is using ClearStake to make affordability and source of fund checks as simple, fast and frictionless as possible for its players. And by doing so, the business ensures the highest possible levels of player protection, whilst checks take place.

Built specifically for the gambling industry, the ClearStake platform enables players to securely share financial data in three clicks and 30 seconds. It then categorises and analyses that data, before presenting the Hollywoodbets team with only the data they need to make instant affordability and source of fund decisions on their players.

“ClearStake has one mission – to support gambling companies in protecting customers while losing as few of them as possible,” said Martin Burt, CEO at ClearStake. “Ensuring the highest player protection is key to any operator and our technology allows businesses to truly know how much every customer can afford to spend while meeting rapidly evolving regulatory requirements. We’re delighted to be helping Hollywoodbets to change the face of compliance.”

As a result, Hollywoodbets can proactively manage their customer base, setting appropriate limits and ensuring every player is protected whilst those who wish to stake freely are able to do so.

“It is such a pleasure working with the ClearStake team and using their platform, they are so hands-on and helpful with any queries we have,” said Tyla Labuschagne, Compliance Manager at Hollywoodbets. “The platform is easy to use and any changes we request are promptly implemented. Our conversion ratio has increased substantially using ClearStake. I would highly recommend ClearStake to other operators.”
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