ONLINE NEWS
PayNearMe receives NY approval for MoneyLine
PayNearMe has been granted approval by the New York Gaming Commission to provide its MoneyLine platform to licensed operators across the state. In conjunction with the state Gaming Commission giving approved operators the green light to launch in the state, three operators expanded into New York with MoneyLine.
Michael Kaplan, chief revenue offi cer and general manager at PayNearMe, said: “These clients are some of the industry’s largest operators. They have been accepting cash deposits at retail locations with PayNearMe for years and can now accept players’ cash deposits for mobile sports betting in New York,” “We are actively working to launch additional operators upon approval and are thrilled to be paving the way in iGaming with our MoneyLine platform.”
PayNearMe received New York approval in December 2021, expanding its iGaming and online sports betting footprint to 18 states. Kaplan added: “Enabling our clients to go live
on the same day online gambling was legalized in the state of New York ensures they will be able to seamlessly manage the billions of dollars projected to be wagered online in New York over the next year,”
“Ahead of the Super Bowl, millions of fans are watching and wagering on NFL and college playoffs. PayNearMe operators will be able to offer cash as a convenient and guaranteed deposit method.”
“We have deep expertise in the industry and have worked closely with the New York Gaming Commission to ensure our service is compliant with all applicable statutory requirements,” said Connor McNulty, Senior Regulatory Counsel, PayNearMe.
“PayNearMe is focused on quickly and
effi ciently gaining approval as new states legalize online sports betting and iGaming.”
Scientifi c Games signs deal with Wazdan
Scientific Games has bolstered its offering in key regulated states across the US via its OpenGaming platform after signing an aggregation agreement with Wazdan. The two companies will work closely together to offer players high quality, mobile-first games in the states of New Jersey and West Virginia, starting in the first quarter of 2022.
Founded in 2010, Wazdan has grown rapidly in recent years, releasing over 140 games in 17 jurisdictions worldwide, including new and established European markets such as the UK, Malta, Sweden, Denmark, Lithuania, Spain, Italy and Greece.
Wazdan’s focus on the North American market will intensify in the coming months, with the Malta-based studio currently in the process of finalising supplier licences in Michigan and Pennsylvania.
OpenGaming customers will have access to popular games such as Sizzling 777 Deluxe, Power of Gods: The Pantheon, Black Horse Deluxe, and Relic Hunters and the Book of Faith, as well as new Hold the Jackpot hits, such as Sun of Fortune and Burning Stars 3. Steve Mayes, partnership director at SG Digital, said: “This exclusive aggregation partnership further strengthens the wide range of games we can offer players in key regulated states across the U.S. through our
4 JANUARY 2022 GIO
Gaming1 partners with CVC
Gaming1, the entertainment branch of Ardent Group, has signed a deal with CVC Capital Partners Fund VIII.
CVC will support the group’s growth in becoming a global reference in the regulated online gaming markets thanks to the continued development of their own technology and omnichannel approach. Gaming1 is currently present in nine countries around the world, including Portugal, France and the United States with their joint venture Gamewise founded with the American giant Delaware North. The group has around 1,300 employees, including more than 400 in their digital hub in Liège.
To accelerate their growth, Gaming1 wants to partner with a new shareholder capable of bringing global, sector and digital expertise. Emmanuel Mewissen, Sylvain Boniver and Nicolas Léonard, shareholders of Gaming1, will continue to be the reference shareholders in Gaming1 and look forward to post-completion partnering with CVC, once the regulatory approvals are in place.
OpenGaming platform, which incorporate responsible gaming tools.
“Everyone within the industry knows how talented the team at Wazdan are and what they bring to the table. We thoroughly believe players across the U.S. will enjoy their fantastic portfolio of slots just as much as everyone else across the world does. Finally, I’d like to thank Bekki D’Agata at Wazdan for her assistance in getting this major deal over the line.”
Michal Imiolek, chief operating officer at Wazdan NJ LLC, said: “Scientific Games is a company that needs no introduction, being one of the leading players in the industry. We’re delighted to partner with them in this exclusive agreement.
“Our progress in the United States has been our greatest success this year. We can’t wait to work closely with Scientific Games going forward and expand our footprint in the US, providing players with immersive experiences.”
CVC is a global investment firm with US$125 billion of assets under management. CVC has experience in the sector through CVC funds’ investments in Tipico, the German sports betting company, the Italian operator Sisal, and the English business Sky Bet. They also have significant knowledge of the digital space through CVC funds’ investments such as ironSource, a leader in mobile advertising and mobile gaming technology markets, and Aleph, a global enabler of digital advertising.
Emmanuel Mewissen, CEO and founder of Ardent Group, said: “In a rapidly changing world, the key to success is adapting. By partnering with CVC, we will benefit from their global, sector and technology expertise, which will support our company to continue on our successful growth path and further build our digital capabilities. We will stay loyal to our values and Belgian roots, as shown by our recent move to our digital hub in the heart of Liège. This desire to anchor ourselves in and to contribute to our country’s growth is an integral part of our identity and will continue to guide us daily.”
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