19
It's our favourite kind of story, about getting together with people who know their business and the troubles they have, and helping them use technologies to make it much better. This time, it's Letzz, an AI-driven workspace for Compliance teams in iGaming.
Letzz (link) is a startup founded by Daniel Gambin, a veteran in the industry with great understanding of regulative complexities in iGaming, and Predrag Spasojevic, our CEO. Letzz is a reliable, secure workspace, powered by AI, that saves compliance teams a lot of time and allows operators to use Compliance as a strategic asset. Our part, at HOOLOOVOO, was to develop technical solutions that make sure the answers provided by AI are reliably accurate and precise.
The investment from the headline came from former Kindred CEO Henrik Tjärnström. What more proof can one need that Letzz is on the right track to revolutionise Compliance?
Here's the press release:
Letzz, a Malta-based regtech startup, has secured substantial funding from Henrik Tjärnström, the former CEO of Kindred Group. This investment will enable Letzz to realise its potential to revolutionise compliance in the iGaming industry with its innovative, AI-driven workspace.
Compliance has long been viewed as a costly and complex challenge for iGaming operators. Letzz is flipping this narrative by turning compliance into a strategic advantage. The workspace can currently reduce time spent on regulatory research by up to 90%, with works underway to optimise and automate further compliance processes, offering operators a competitive edge in an increasingly complex regulated landscape.
“Managing compliance in the iGaming sector has become a significant burden, with costs in regulated markets rising faster than revenues over the past few years,” said Daniel Gambin, co-founder of Letzz. “Our mission is to simplify this process without compromising on accuracy or security. We’re giving operators the tools to stay ahead of changes while saving time and resources.”
With features such as automated regulatory news scanning and an expert-validated compliance knowledge base, Letzz ensures operators have a single, reliable source of truth for compliance management. The platform’s transparency and auditability enables seamless collaboration across companies and advisors, fostering informed decision-making.
Henrik Tjärnström
Managing compliance effectively is one of the biggest and potentially costliest pain points in iGaming today. Letzz is tackling this challenge head-on, developing a platform that’s secure, reliable, and practical for operators. I’m proud to support a solution that addresses such a critical industry need.
Letzz was founded in 2023 by iGaming veterans Daniel Gambin and Predrag Spasojevic. Their approach is poised to make a significant impact on the iGaming industry, turning compliance into a strategic asset.
Letzz aims to be a game changer in the iGaming industry, of course we are excited. More about it soon - about the idea, our role in it etc. Nothing beats using your expertise (here is ours - link) to turn a pain point into a competitive advantage. After all, that's what technologies should do for businesses, right?
19
Letzz is an AI-driven workspace that aims to revolutionise compliance in iGaming. Our team provided the AI expertise, and the news is: it got funding from Henrik Tjärnström, the former Kindred Group CEO.
19
How can HR professionals use GenAI to help them in their daily work? Here are three simple cases of engaging AI as help in completing common HR tasks - examples, tips, and ways you could think when in front of a prompt box.
19
