VisuaLimits and Sightline Payments have signed an agreement to integrate Sightline’s award-winning Play+® cashless gaming solution into VisuaLimits’ VL-Focus Intelligent Table Limit Signs. The combined solution allows players to access funds from their Play+® pre-paid bank accounts to purchase chips at table games without having to leave their seat, subject to regulatory approval where required.
Read Press Release to learn more.
Betting giant William Hill teams up with Sightline to introduce Play+ Priority Access which gives their online betters instant access to remote funding and cashouts. With more than 100 full service & kiosk locations throughout Nevada, William Hill US is Nevada’s sports betting leader. Play+ Priority Access is available to anyone with a William Hill account.
Find out more https://www.williamhill.us/
Play+ provides a fast, easy, and reliable way to deposit and cash out while playing online at PlaySugarHouse.com. It is a great way to manage your money and can be used everywhere Discover® is accepted.
Read More https://www.playsugarhouse.com/
The world is changing and we think that the term “cash access” will fade out of existence. And it all becomes about the user experience—how does the user interact with the game in the most frictionless way possible. It will include mobile and our innovative Play+ to move your money into a table game, slot device or other game of choice.
Read more: http://ggbmagazine.com/issue/vol-15-no-10-october-2016/article/cash-games
Chosen by the Editorial Advisory Board of GGB, these 25 important people represents only 10 percent of the industry’s leaders. But in GGB’s opinion it’s less than one-tenth of 1 percent. These thought leaders demonstrate the long-term viability of the gaming industry as a major tool in economic development in jurisdictions around the world. These are some of the people who are going to develop solutions for many of these issues, answering the challenges and opportunities with strategic business decisions, well-thought-out positions, and amazing talent. Sanford stated ” It’s nice to be recognized as one of the 2017 Top 25 People to Watch among such a prestigious group of incredible men and women. It’s the Sightline team that deserves this nomination and it’s a great validation on how we are shaking up the status quo when it comes to payments innovation in the gaming industry.”
Read more: https://issuu.com/globalgamingbusiness/docs/global_gaming_business__january_201_7f4ad366d0132b
You’re well on your way to becoming a payments pro. In 2016, we kicked off this three-part series with “Payments 101” equipping you with the fundamentals of the modern payments landscape. You learned all about building a successful payments program, accepting cards and critical terms to know and truly understand, like “interchange fees” and “chargebacks.” If you happened to miss Payments 101, you’ll find it in the Fall 2016 article archive on gamingandleisuremagazine.com.
Organized by iGaming Business they give this award as a way to recognize excellence and innovation in our sector. Getting payments in and out is crucial for iGaming to thrive in North America and as such rewarding excellence in this area is key for driving the industry forward. Judges looked at how providers have reacted to the very specific market needs in North America as well as innovation, growth, and product development. Among the shortlist of competitors include PayPal; Global Payments; IGT Cardless Connect; Neteller/Skrill; PayNearMe and, Iverson Gaming.
Read the story: 2017 iGaming North America Awards
The combination will accelerate innovation in Mobile, Data, Cashless Payments, and Provisional Credit Solutions to the Worldwide Integrated Resort Casino Industry.
Read more: NRT Technology Corp and Gaming Payments Innovator Sightline Payments Announce Merger
The agreement enables Fifth Third Bank to offer a comprehensive suite of treasury management and payments solutions for casino operators. The full product set for casino operators will include cash access, kiosks, information services, cashless gaming, traditional banking services and more
Read more: Fifth Third Announces Strategic Agreement with Merging NRT Technology, Sightline Payments
Acquisition of VisuaLimits Strengthens NRT’s Ability to Connect the Guest Experience™ Across the Entire Casino Resort. The acquisition of VL complements NRT’s innovative and expansive payment product vision for casinos, which now includes VL’s unique 12-in-1 solution.
Read more: NRT Technology Completes Acquisition of VisuaLimits
Acquisition will further accelerate NRT’s worldwide expansion of cashless table game solutions through integration with its VisuaLimits table platform and Sightline’s Play+ cloud-based cashless funding platform.
Read more: NRT Acquires eMarker® the Leading Provider of Electronic Markers
“Play+ is driving mobile payments as a significant customer engagement channel across slots, tables, or any online game of choice. Mohegan Sun has confidence in investing in new and alternative payments methods to help improve the bottom line and enhance the overall customer experience” said Kirk Sanford, Founder and CEO Sightline Payments.
Acquisition of hyper-engagement platform enhances NRT’s ability to deliver transformative, revenue-generating technology to its customers. “OfferCraft is not only an impressive platform, there is a clear synergy in the culture and product vision between the leadership of the two companies,” said Kirk Sanford, Sightline’s Founder and CEO. “Casinos are racing to keep up with the digital economy, and this transaction will allow us to incorporate gamification and artificial intelligence into the Play+ cashless gaming experience that allows patrons to pay for their play without cash, the cutting-edge mobile applications we’re delivering with market leader Kony, and our Habit Analytics platform that uncovers powerful insights about player behavior.”
NCC is a strong addition to the NRT family of businesses, enabling the company to fortify a leading position in casino credit platforms and further enhancing NRT’s value proposition by providing casino operators opportunities to grow revenue, reduce risk, meet compliance regulations, and better serve their VIP guests.
World of Westgate is our latest Play+ program to launch. Fund, deposit, and withdraw from your mobile sports wagering account from anywhere, anytime!
Acquisition includes 1,500 high-volume casino ATMs and self-service devices which dispense over $5 billion annually across nearly 200 gaming properties in the United States. As a result of the acquisition, NRT now operates over 31,000 ATM devices which process more than 300 million transactions and dispense more than $20 billion annually.
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Investment by strategic group of investors with expertise across gaming, entertainment, sports and FinTech to fuel organizational capabilities to support multiple growing regulated gaming markets
LAS VEGAS, NV – April 1, 2021 – Sightline Payments, a dynamic FinTech company that is enabling the next generation of cashless, mobile, and omni-channel payment solutions for the gaming, lottery, sports betting, entertainment, and hospitality ecosystems, today announced $100 million in strategic growth investment.
“These investments will further enable our efforts to empower the digital transformation of the consumer experience and to transform consumers’ funding options within the gaming industry,” said Joe Pappano, CEO of Sightline Payments. “Building out organizational capabilities such as people, systems, technology, and marketing will further allow Sightline to capitalize on the growth of digital payments options across the gaming, sports betting, horse racing, and lottery markets.”
Led by Cannae Holdings and William P. Foley II, who was recently appointed Chairman of Paysafe, strategic investors in this round of funding for Sightline Payments include Walter Kortschak, Genting Group, Point Break Capital, Searchlight Capital Partners, Shift4 Ventures, and Vectr Ventures.
“Sightline Payments’ seasoned leadership team has a proven track record and a vision to capitalize on many of the highest growth sectors in the entertainment industry, and I look forward to working side-by-side with them to achieve their goals,” said William P. Foley II, Chairman of Cannae Holdings.
“We are excited to be joined by a world class group of investors with relevant and deep experience in FinTech, gaming, entertainment, and sports,” said Christopher Cruz, Managing Director at Searchlight Capital Partners.
Over the past 12 months, consumer interest in sports betting and online casino has grown rapidly, in part due to the expansion of legalized mobile gaming opportunities in many states across the United States. Payments companies like Sightline Payments helped sports betting grow by nearly 70% and iGaming by nearly 200% in 2020. The combined online sports betting and online casino market is projected to grow from $3 billion in 2020 to $22 billion by 2026.
The safety, security, and convenience of use within digital gaming channels has triggered a massive increase in consumer interest and casino operator demand for cashless digital payment technologies, generating tremendous sales growth for Sightline Payments solutions. Casino gaming is a $90 billion revenue market in the United States which serves over 100 million customers annually.
Play+ is Sightline’s flagship solution for seamless and secure pay-and-play with more than 1.5 million enrolled accounts. Play+ is the leading cashless mechanism for users to safely and easily store money and fund their entertainment online, on the gaming floor, and on sports betting platforms with instant access to their funds. The Play+ ecosystem has proven valuable to operators and customers given the accelerating demand for omni-channel digital payments and cashless integration.
About Sightline Payments
Sightline Payments (“Sightline” or the “Company”), is a dynamic Financial Technology (FinTech) company that is enabling the next generation of cashless, mobile and omni-channel payment solutions for the gaming, lottery, sports betting, entertainment and hospitality ecosystems. The Company has more than 1.5 million enrolled Play+ accounts across its current portfolio of more than 70 programs in 39 States, and is poised to build on this presence, commensurate with the expansion visible in the underlying markets it serves. One of the key segments the Company serves is online gaming (both sports betting and iGaming), which is expected to build from $3 billion in total revenue to $22 billion over the next five years. In addition, the Company’s digital payment solutions directly address the wider gaming industry’s opportunity to transform traditional gaming floors into cashless ecosystems, a $90 billion revenue market serving over 100 million customers annually. Sightline is based in Las Vegas, Nevada. Learn more at https://sightlinepayments.com.
About Searchlight Capital Partners, L.P.
Searchlight is a global private investment firm with over $8 billion in assets under management and offices in New York, London and Toronto. Searchlight seeks to invest in businesses where its long-term capital and strategic support accelerate value creation for all stakeholders. For more information, please visit https://www.searchlightcap.com/.
About Cannae Holdings, Inc.
Cannae Holdings, Inc. (NYSE: CNNE) is engaged in actively managing and operating a group of companies and investments, as well as making additional majority and minority equity portfolio investments in businesses, in order to achieve superior financial performance and maximize the value of these assets. Cannae was founded and is led by investor William P. Foley, II. Foley is responsible for the creation and growth of over $140 Billion in publicly traded companies including Fidelity National Information Services (“FIS”), Fidelity National Financial (“FNF”), and Black Knight, Inc. (“BKI”). Cannae’s current principal holdings include Dun & Bradstreet Holdings, Inc. (“DNB”), which recently completed a successful business transformation and IPO. Cannae holds an approximately 18% interest in Dun & Bradstreet or ~76 Million shares. Cannae’s second principal holding is Ceridian (“CDAY”), which Foley transformed from a legacy payroll bureau into a leading cloud-based provider of human capital management software. Cannae owns 9.5% of Ceridian representing approximately 14 Million shares.
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Media Contact
Allie Potter
Skyya PR for Sightline Payments
allie@skyya.com
218-766-8856
Jonathan Michaels
Sightline Payments
jmichaels@sightlinepayments.com
973-981-0959