In Groundbreaking News, BMM Testlabs Becomes First Testing and Certification Lab to Receive Approval For Peru’s Newly Regulated iGaming and Sports Betting Market
In Groundbreaking News, BMM Testlabs Becomes First Testing and Certification Lab to Receive Approval For Peru’s Newly Regulated iGaming and Sports Betting Market
LAS VEGAS, February 13, 2024 – BMM Testlabs (“BMM”) today announced a major milestone, becoming the first testing and certification laboratory approved for Peru’s new online gaming and sports betting program. BMM was officially approved today by Peru’s Ministry of Foreign Trade and Tourism (“MINCETUR”), following MINCETUR’s October 2023 approval of the country’s sports betting and iGaming regulations, making Peru the third country in South America to regulate these programs following Colombia and Argentina. The regulations came into effect February 9, 2024 and operators have until March 2024 to apply. BMM Testlabs President of Digital Gaming, Security, and Inspections, Marzia Turrini said, “This is a landmark moment for BMM Testlabs, as we are now the first lab approved to test and certify online games and sports betting programs in Peru. We are very grateful to MINCETUR for their confidence in BMM, and we’re eager to help launch Peru’s new digital gaming programs and ensure fair and secure entertainment for this newly regulated market.” In addition to the land-based testing and certification services that BMM provides to Peru casino operators, the Company has been greenlighted to offer its full spectrum of iGaming and sports betting services. For iGaming jurisdictions worldwide, BMM has been providing game evaluations, game payout analysis and reporting, return-to-player (“RTP”) evaluations, game math evaluations, RNG testing, RGS and platform testing, security audits, penetration testing, and much more since 2002. BMM’s sports betting services include full jurisdictional testing and certification, geolocation testing, back-end testing on transactions and payments, and cybersecurity testing and audits to ensure the protection of infrastructure and player data. With an office in Lima since 2007, BMM is well-equipped to serve the land-based and digital needs of the third largest country in South America. This milestone for BMM Testlabs underscores the Company’s commitment to delivering exceptional product compliance and certification services to clients...
Read MoreBMM Testlabs’ Reena Varma, Senior Vice President of Operations, India, Named ‘Woman Icon of the Year’ in Asia
LAS VEGAS, February 7, 2024 – BMM Testlabs (“BMM”) today announced that Reena Varma, Senior Vice President of Operations, India, has been presented the Woman Icon of the Year award in Asia’s Inspirational Women Awards 2023. Varma was selected from among 40 nominees for this prominent recognition, which recognizes women who have excelled and worked valiantly over the past year. She was honored during a ceremony at the Hotel Radisson Blu in Dwarka, New Delhi. Kara Matthew, Chief Operations Officer of BMM Innovation Group (“BIG”), said, “We are thrilled to see Reena be acknowledged as an ‘Iconic Woman’ in our global industry. This award is a testament to her exceptional leadership and unwavering commitment to quality and innovation. At BMM, we are grateful to have Reena as a key member of our leadership team, overseeing our India operations and delivering exceptional services and solutions for our clients and internal teams.” Varma said, “I am deeply honored to receive the Woman Icon of The Year award. This recognition is not just a personal achievement, but a celebration of the importance of my work at BMM for the global gaming industry, driving quality and operational excellence. This award motivates me to continue striving for innovation and empowering women within our organization and the broader industry.” Varma joined BMM as Head of Quality and Operations, India, in 2021 and was later promoted to Senior Vice President of Operations, India. Prior to BMM, she worked 11 years as the Operations and Quality Head for Wipro, a publicly traded technology and services consulting company with more than 245,000 employees across 65 countries. Previously, she served as the AVP Quality & Business Assurance at Sopra Steria, which is a European-based consulting, digital services, and software development company with 50,000 consultants, headquartered in Paris, having operations in several countries in Western Europe and Asia. She also worked as Quality Head with Innodata Information Technologies and as the Delivery Manager with TCIL BellSouth. Varma received her Master of Computer Applications and Law degree from Delhi University. The Woman Icon of the Year accolade not only highlights Varma’s individual accomplishments, but also underscores BMM Testlabs’ dedication to recognizing and supporting the achievements of women in the gaming and technology...
Read MoreBMM Testlabs Promotes Top Executives Travis Foley, Marzia Turrini, and Kirk White As Company Moves Into Global Structure
Proven BMM Executives to Oversee Regulatory Compliance, Digital, and Land-Based Businesses LAS VEGAS, January 29, 2024 – BMM Testlabs (“BMM”) today announced new global roles and promotions for three of its most seasoned executives as the company restructures from a regional to fully global organization. BMM Testlabs Chief Executive Officer Martin Storm said, “Due largely to our explosive growth, full market access, and the globalizing gaming market, we are moving from a regionally led structure to a global structure, with leadership over lines of business. This marks an exciting new era for BMM and to achieve it successfully, I’ve named three of my most trusted, respected, and accomplished executives to lead us into what I call our new global era.” Travis Foley, responsible for BMM’s growth in North America, was promoted to Chief Government and Regulatory Officer to oversee BMM’s global government and regulatory compliance business, with a focus on quality accreditation, technical compliance, adoption of new technical standards and tools, and regulator relationships. Tasked to lead BMM’s worldwide digital, security, and inspections business is Marzia Turrini, a BMM veteran highly regarded in Europe and Latin America, where she has led BMM to record growth and expansion. As the Company’s new President of Digital Gaming, Turrini will drive revenue growth for the Company’s iGaming, sports betting, and casino inspections businesses. To oversee BMM’s large portfolio of land-based business, the Company promoted Kirk White to President of Land-Based Gaming. White is a longtime BMM executive who led the Company’s Australia and Asia-Pacific growth, and now assumes oversight of land-based testing, certification, and supporting service delivery globally. While the three seasoned executives now have global roles, they continue to have the responsibility for the corporate governance of the business entities under their current regional management. Storm said, “With this team leading our key businesses, I have great confidence that 2024 is going to be another groundbreaking year for BMM. With the market access challenges behind us and full globalization, we will be able to focus on consistency, value, specialization, and...
Read MoreBMM Innovation Group “BIG” Brings Its Global Expertise To ICE London February 6-8
Company experts will be on hand to discuss, navigate, and empower client success, with a focus on land-based and digital compliance testing, certification, cybersecurity, and virtual training solutions LAS VEGAS, January 24, 2024 – The BMM Innovation Group (“BIG”) today announced that it will be exhibiting at ICE London February 6-8 at the ExCeL London Convention Center in Stand No. N3-520 with its partner companies, BMM Testlabs, BIG Cyber, and RG24Seven Virtual Training. The Company’s focus at ICE will be its move to full globalization, its expertise in emerging technologies, its market leadership in compliance testing and certification for every gaming product in every gaming market, and its focus on protecting the gaming industry and all who play through cutting-edge cybersecurity and virtual training solutions. BMM Innovation Group Chairman and Chief Executive Officer Martin Storm said, “Coming off seven consecutive years of revenue and EBITDA growth, including a record year in 2023, ICE London is the first major show of 2024 and an exciting opportunity for us to showcase our global expertise, introduce our new executives, and share our vision for the BIG companies’ future.” At ICE, the core BIG business, BMM Testlabs, will have its global team on hand to talk with clients about the Company’s expertise in compliance and quality assurance testing, certification, and onsite audits and inspections for every land-based and digital market in the world. In addition to CEO Martin Storm, visitors to BMM’s booth will be able to meet with Kirk White, President of Land-Based Gaming, Marzia Turrini, President of Digital Gaming and Inspections, and Travis Foley, Chief Regulatory and Compliance Officer. BMM experts will share the Company’s focus on supporting the industry as emerging technologies such as AI, cryptocurrency/blockchain, NFTs, and Web 3.0 begin to impact gaming product design and regulatory oversight. Storm said, “We will play a leading role in collaborating with regulators, developers, and gaming manufacturers to advance these emerging technologies and help shape how they are tested, certified, and introduced.” Highlighting its expertise in cybersecurity, BMM Innovation Group’s BIG Cyber will be at the BIG stand to discuss its robust and integrated suite of cybersecurity solutions for the global gaming industry. BIG Cyber Chief Executive Officer Amit Sharma said that BIG Cyber’s targeted solutions to protect casinos and gaming suppliers are vital to the industry’s longevity. “After the well-publicized attacks on large gaming companies last year, everyone agrees that cybersecurity protection is a must-have – not just a nice-to-have – because intrusion must be seen as inevitable.” In addition to cybersecurity solutions, BMM’s ICE stand will highlight another way BMM protects the industry. RG24Seven Virtual Training, founded by Storm and longtime BMM executive Wendy Anderson, who now serves as its Chief Executive Officer, offers free, best-in-class training and education for gaming company employees to provide safer gambling training online. At ICE, RG24seven Virtual Training will share its robust online training library, which includes courses on Responsible Gaming, Anti-Money Laundering, Human Trafficking Awareness, Corporate Social Responsibility, Testing and Compliance, and Casino Games and Technology. RG24Seven will also announce a major new partnership to bring safer gambling training to UK online and land-based gaming employees completely free of charge. Visit the BMM Innovation Group “BIG,” including BMM Testlabs, BIG Cyber, and RG24seven Virtual Training, at ICE London in Stand No....
Read MoreBMM Testlabs Approved by the Ukrainian Commission For the Regulation of Gambling and Lotteries to Test, Certify Gaming Devices and Equipment
LAS VEGAS, January 22, 2024 – BMM Testlabs (“BMM”) today announced that it is among the first to receive approval from the Ukrainian Commission for the Regulation of Gambling and Lotteries (“KRAIL”) to serve as an independent test lab for Ukraine’s emerging gaming market. With this approval, licensed and regulated gaming operators in Ukraine can accept gaming devices and equipment tested and certified by BMM without further regulatory approvals. Francesco Bianchi, BMM’s Vice President of Government Relations, Compliance and Quality, said, “We are honored to be among the first labs to be approved by KRAIL. The emerging Ukrainian gaming industry is an exciting opportunity for BMM, and we look forward to being a part of helping Ukraine de-risk its gambling business and foster the growth of land-based and digital gaming operations.” With 15 locations worldwide, including offices and employees in Poland, Romania, and Slovenia, BMM is well-positioned to support the Ukrainian market as it grows and evolves. BMM offers a full suite of testing, certification, and inspections services for land-based and digital gaming across the...
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