GeoComply Layoffs: Gaming Cybersecurity Powerhouse to Cut 15% of Staff

Posted on: April 20, 2026, 12:59h. 

Last updated on: April 21, 2026, 05:17h.

Mark Keast Read More
Expertise: Canadian Gaming, iGaming, Las Vegas, Sports Betting, NFL, Boxing, UFC.
  • GeoComply employs 450 people in offices worldwide
  • Vancouver-headquartered company said it’s incorporating AI more into its daily operations to improve efficiencies
  • Company looks to lay off 15% of its staff

GeoComply is cutting 15% of its workforce, framing the mass layoffs as a “deliberate strategic evolution” rather than a sign of industry struggle.

GeoComply’s booth at last year’s Canadian Gaming Summit at Metro Toronto Convention in Toronto. (Image/Dean Rossiter/SBC)

Geolocation Services

As first reported by Sportico, the company said the move is part of an internal streamlining process, to better optimizing how they work, and to help drive future growth.

The company’s total worldwide workforce totals 450, so in simple terms, 68 employees will be affected.

In addition to GeoComply’s Vancouver head office, the company has offices in Toronto, Montreal, Las Vegas, New York, Seattle, and an office in Warsaw, Poland.

In terms of igaming commercial partnerships, GeoComply has deals with FanDuel, BetMGM and DraftKings.

Strategic Evolution

In March 2025, the company announced the appointment of former Flutter Entertainment executive Kip Levin as its new Chief Executive Officer, replacing co-founder Anna Sainsbury.

More specifically, GeoComply provides fraud prevention and cybersecurity solutions that detect location fraud and helps verify a user’s true digital identity, to prevent spoofing. The company’s technology also services the financial technology and media and entertainment industries.

The company said in a statement the objective with the layoffs was to help stay ahead of rapid shifts in the regulatory and tech landscape. A statement by the company also referenced its commitment to utilizing AI to help boost operational efficiency.

GeoComply announced the changes as it stares down increased competition in the industry.

A More Crowded Marketplace

Xpoint is a direct rival focused on igaming, offering precise geofencing, and has clients like SkillOnNet. GeoLocs is another competitor, with a long track record in gaming compliance. The Ontario Lottery and Gaming Corporation uses GeoLocs for geolocation.

Radar, based in New York, is another geolocation platform company, helping companies detect fraud, engage customers, and build location-based features across mobile apps, with clients like bet365.