The Visualize Group has completed its acquisition of eCOGRA, expanding its gaming compliance platform alongside BMM Testlabs.
The UK-based eCOGRA provides testing, inspection, certification and compliance services for regulated iGaming. Visualize acquired BMM Testlabs, a gaming product compliance testing company, in March. Financial terms of the eCOGRA transaction were not disclosed.
The acquisition was first announced on June 30 and received the required regulatory approvals and clearances before completion. Visualize said its combined platform now holds licenses or accreditations across more than 800 jurisdictions.
eCOGRA Expands Compliance Coverage
The acquisition brings eCOGRA and BMM Testlabs under the same ownership. However, it allows both companies to maintain their respective areas of expertise.
eCOGRA focuses on regulated iGaming testing, inspection, certification and compliance. Meanwhile, BMM provides product compliance testing across the wider gaming industry.
Visualize said the combined capabilities will support suppliers, operators and other gaming businesses entering regulated markets. They will do this by providing access to testing and certification services across multiple jurisdictions.
The group said its licenses and accreditations cover nearly every jurisdiction worldwide where gaming operates under a regulated framework.
BMM and eCOGRA Target Greater Scale
The companies are expected to make one of their first joint appearances at the Global Gaming Expo (G2E) in Las Vegas.
BMM Testlabs CEO Martin Storm said the two companies share a focus on strengthening trust across the gaming ecosystem. He added that the combined organization could create additional opportunities to invest in technology, capacity and industry expertise.
eCOGRA CEO Will Shuckburgh said the company’s more than 20 years of experience in regulated iGaming would complement Visualize’s broader gaming compliance capabilities.
Visualize Builds Global Compliance Platform
Visualize founder and managing partner C. Melvin Ike said the acquisition supports the firm’s strategy of building a long-term platform for regulated gaming.
With BMM Testlabs and eCOGRA now under the same ownership, Visualize can offer services covering both online and land-based gaming markets.
The group said it plans to continue investing in people, technology and operational capacity. This will help as regulated gaming expands into additional markets and compliance requirements become more complex.
