Epic Risk Management, a global independent gaming damage minimisation consultant, has opened a Delaware-based subsidiary.
The new headquarters will be a Public Benefit Corporation, serving both the United States and Canada. Epic’s efforts to improve public health by reducing gambling-related harm through education, advocacy, and expert advice and resources for those at risk of gambling addiction and gambling-related harm will continue with the launch.
Paul Buck, Epic Risk Management’s CEO and founder said: “The announcement of our US subsidiary as a Public Benefit Corporation marks an important milestone in our work in the US market, while also aligning with our broader global strategy of minimising gambling-related harm.
“The US betting and gambling landscape is experiencing a period of unprecedented growth, due in no small part to the legalization of sports betting across many states. It is vitally important that gambling harm is recognized and treated as a public health issue that all stakeholders have a duty to mitigate from politicians to the gambling industry operators, to sports teams and leagues, plus the media and regulators.
“We believe that today’s announcement signifies a period of exciting growth for our organisation and will play an important role in further developing Epic’s services in the US to prevent harm.”
Epic, which has a major presence in the United Kingdom and Europe, has worked in 23 countries to provide education and awareness programmes aimed at decreasing gambling-related harm.
Furthermore, the consultancy has been working in the United States since 2019, and has so far launched collaborations on research into elite athletes’ relationships with problematic gambling behaviour with the NFLPA Professional Athletes Foundation, multiple college athletic programmes across the country, and the Division on Addiction at Cambridge Health Alliance, a Harvard Medical School teaching hospital.