Spectrum Gaming Capital

What Spectrum Gaming Capital does

Spectrum Gaming Capital is a specialized gaming regulatory advisory and financial advisory firm serving the gaming and resort industries. Founded in 2013 and headquartered in New York, the firm operates under the Spectrum Gaming Group umbrella and delivers regulatory policy advisory, compliance consulting, anti-money laundering and sanctions control assessments, and commissioned studies for gaming regulatory commissions. It also provides investigation services across Asian gaming markets, led by senior executives with two decades of in-region experience.

The firm serves two primary customer segments: government gaming regulatory bodies (e.g., the Indiana Gaming Commission, for which it conducted a commissioned relocation study projecting $493.3 million in annual adjusted gross receipts) and casino/gaming operators requiring compliance, AML, and investigative support. It maintains operational hubs in Bangkok (regional HQ, led by Managing Director Paul Bromberg) and Manila (Senior Advisor Sandra Bograd), giving it cross-jurisdictional reach across the US, Thailand, and the Philippines.

Revenue is generated through professional services engagements on a project basis, delivered via senior advisors and managing directors engaging directly with government commissions and private operators. No proprietary technology platform, AI/ML capabilities, patents, or formal partnerships were disclosed. The firm's competitive position rests on the specialized regulatory expertise and long-tenured relationships of its senior leadership rather than on technology or scale.

Name

Spectrum Gaming Capital

Website

https://spectrumgamingcapital.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Spectrum Gaming Capital is a specialized gaming regulatory advisory firm providing compliance consulting, anti-money laundering, sanctions control, and investigation services to gaming commissions and casino operators across the US and Asian markets.

Ownership category

akta.pro rank

Product category

Gaming Regulatory and Financial Advisory

NAICS

Gambling Industries (7132)

SIC

Investment Advice (6282)

akta.pro primary industry

Gaming Regulatory Consulting & Advisory (MPAEAOAA)

akta.pro secondary industries

Payment & Financial Compliance for Gaming (PCI DSS, sanctions screening, fraud compliance) (MPAEAOAI), Regulatory Reporting, Audit & Assurance Services (MPAEAOAC)

Keywords

• Gaming regulatory advisory
• Casino financial advisory
• Compliance consulting
• Anti-money laundering advisory
• Gaming investment banking

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Regulatory Advisory Services: Spectrum Gaming Capital generates revenue through consulting engagements with gaming regulatory bodies and gaming operators. Services include regulatory policy advisory, compliance consulting, anti-money laundering and sanctions control assessments, and commissioned studies for gaming commissions.
2. Investigation Services: The firm provides investigation services throughout Asian gaming markets, led by senior executives with decades of experience in the sector.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Spectrum Gaming Capital provides economic analysis, investment banking, and financial advisory services to the gaming and resort industries. The firm also delivers regulatory policy advisory, compliance consulting, anti-money laundering and sanctions control assessments, and investigation services for gaming regulatory bodies and casino operators across Asia and the United States.

Product overview

Spectrum Gaming Capital (associated with Spectrum Gaming Group) provides gaming regulatory advisory services, including compliance consulting, regulatory policy guidance, anti-money laundering, and sanctions control advisory across gaming markets. Based on the available sources, no specific named products, modules, or distinct service offerings are documented.

Differentiator

Problem solved

Functional benefit

Products and services

• Regulatory Advisory Services Policy advisory, compliance consulting, anti-money laundering and sanctions control assessments, and commissioned studies for gaming commissions and regulatory bodies.
• Economic and Market Analysis Economic and financial analysis for the gaming and resort industries, including site evaluations and projected revenue and tax receipt studies commissioned by gaming commissions.
• Investment Banking and Financial Advisory Investment banking and financial advisory services offered to the gaming and resort industries, supporting corporate transactions and capital-related decisions.
• Investigation Services Investigation services delivered throughout Asian gaming markets, led by senior executives with decades of regional experience.

Quantifiable outcome

• $493.3 million in annual adjusted gross receipts projected for downtown Indianapolis casino relocation
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Emerging players

• Gaming Laboratories International (GLI): Global testing, certification, and regulatory compliance laboratory for the gaming industry. Comparable as an adjacent gaming regulatory/compliance specialist, though focused on game testing rather than the financial and policy advisory Spectrum provides.
• BMM Testlabs: Independent gaming testing laboratory and certification provider serving regulators and operators worldwide. Comparable as a regulatory-facing gaming services firm, with partial overlap in serving gaming commissions though focused on technical compliance rather than financial advisory.

Direct peers

• H2 Gambling Capital: Provides financial and regulatory advisory, market data, and consulting services to the global gambling industry. Comparable as a specialist gaming advisory firm with overlap in economic analysis, regulatory, and investment-banking-adjacent services.
• Eilers & Krejcik Gaming: Specialist research and advisory firm focused on the gaming industry, providing market intelligence, consulting, and investment banking-adjacent services. Comparable to Spectrum Gaming Capital as a boutique gaming-focused advisory serving operators and suppliers.
• Global Market Advisors: Gaming-focused advisory firm providing consulting, economic analysis, and regulatory advisory to casinos, governments and investors. Highly comparable to Spectrum Gaming Capital in its dual regulator/operator service model and economic-impact study capabilities.

Broad incumbents

• Spectrum Gaming Group: Larger parent-style gaming advisory group of which Spectrum Gaming Capital appears to be a subsidiary offering investment banking and financial advisory. Directly comparable and operationally intertwined — capital markets and financial advisory peer with shared leadership.
• Union Gaming (Macquarie Gaming): Asia-focused gaming investment banking franchise, originally Union Gaming, now integrated into Macquarie Capital. Comparable as a gaming-focused investment banking and advisory provider with strong Asia exposure overlapping Spectrum Gaming Capital's regional footprint.
• Innovation Group: Gaming consultancy with strategy, market research, and operational advisory capabilities now operating within Light & Wonder. Comparable as a competitor for gaming regulatory and market advisory mandates, but with broader corporate backing and larger scale.
• Jefferies Gaming Group: Dedicated gaming investment banking team within Jefferies covering casinos, digital gaming, and lotteries. Comparable as an investment-banking peer for Spectrum Gaming Capital's advisory mandates, but with substantially larger institutional resources.
• KPMG Global Gaming: Big 4 advisory practice dedicated to gaming and hospitality, providing audit, tax, regulatory, and consulting services to casino operators and regulators globally. Comparable as a competitor for regulatory and economic-impact study mandates, with much larger scale and broader service portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spectrum Gaming Capital