This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

LaserLock Technologies Recommendations Included In Updated New Jersey Internet Gaming Regulations

WASHINGTON, Oct. 9, 2013 /PRNewswire/ -- LaserLock Technologies (OTCBB: LLTI), a company that authenticates products and people, is pleased to report that the New Jersey Division of Gaming Enforcement's final rules on Internet and Mobile Gaming incorporate revisions consistent with all three of the suggestions advanced by LaserLock during the public comment period. The final rules, adopted by Director David L. Rebuck on September 26, 2013, effective October 28, 2013, address concerns raised by LaserLock with regard to authentication of patrons wishing to place wagers.

LaserLock lobbied for the inclusion of stronger authentication mechanisms than were originally incorporated in the regulations. LaserLock suggested a multi-factor authentication system, the hallmark of LaserLock's VerifyMe TM platform, with the inclusion of dynamic facial recognition, which guards against identity fraud by ensuring the player who claims to be logging in is not simply a static HD image being held up to the camera.  

"I am delighted that LaserLock's VerifyMe TM product line meets or exceeds New Jersey's robust authentication requirements," said Neil Alpert, Chief Executive Officer.  "LaserLock expects to submit the entire VerifyMe Gaming Suite to the Division in the near term."

The VerifyMe Gaming Suite includes authentication technologies that involve a color gesture swipe (something you know), a biometric facial scan (something you are) and a mobile device (something you have) to achieve positive identification and location verification. It can also incorporate credit agency and other database verification capabilities to perform initial identity validation and reliably verify age. Each component can be used independently or collectively to achieve the highest level of identification. 

"This is an important step for LaserLock as we continue our growth in the gaming industry," said Michael R. Sonnenreich, Chairman of the Board. "As more states move toward legalizing Internet gambling, they will look at New Jersey as the model of thoughtful and secure regulations. We are excited that they include our expertise in human authentication technologies."


1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs