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Nuvei Accelerates Expansion in the US iGaming Market

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Nuvei Corporation, the global payment technology partner of thriving brands, announces its accelerated expansion into the U.S. iGaming market. Onboarding online operators from fantasy sports, sports betting, casino, iLottery and several other industry sectors, Nuvei merchants can succeed due to the Company’s vast experience in customizing payment solutions specifically for online gaming and gambling operators.

Recognizing huge opportunity in the growing U.S. iGaming market, Nuvei has already obtained approvals to provide payment services to iGaming operators in multiple states, with more expected. Backed by decades of international industry experience, the Company can provide a seamless payment experience, from rapid onboarding to fraud prevention and optimizing payment profitability.

With more and more U.S. states legalizing online gaming and betting, U.S. iGaming revenue is expected to reach USD 127.3 billion by 2027. Nuvei’s response to the increased demand is to expand its end-to-end platform that focuses on one fast and simple integration, flexibility, automation, and innovative features that eliminate critical iGaming merchant pain points while facilitating business growth.

A particular industry pain point that Nuvei’s solution tackles is low payment acceptance rates. Through smart and sophisticated transaction routing via multiple acquirers, and acceptance of multiple payment methods for fast deposits and withdrawals—including cards, digital wallets, bank transfers and ACH—the Company’s aim is to provide the highest success rates possible.

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“Nuvei is uniquely equipped to dive right into the rapidly expanding U.S. iGaming market, and as more states continue to legalize online gambling, our proven, market-tested payment solutions can deliver on operators’ key requirements from A-Z,” said Philip Fayer, Nuvei’s chairman and CEO. “We have helped make online gaming transactions safer, faster and more efficient for nearly two decades across the globe. Our rapid growth is the result of our dominant position in the global iGaming space and our relentless commitment to our clients’ success.”

Offering seamless pay-in and payout capabilities, Nuvei enables operators to satisfy and gain more loyal clients. In addition, instant authentication of bank accounts for ACH payments provide added flexibility leading to increased conversions. The Company’s global token service provides best-in-class fraud protection for repeat payments, while enhancing revenue.

Cashier, Nuvei’s proprietary hosted payment page customized for the gaming industry, is the fastest integration option and is proven to decrease abandonment through its streamlined user experience, displaying the players’ preferred payment methods. Declined transactions trigger an automated recovery function to further increase conversion rates. Cashier is also designed to optimize multi-directional payment flows while adhering to unique industry compliance and regulations.

“Our speedy expansion in the U.S. leverages our track record of serving iGaming operators and platforms across most regulated markets in the world,” said Yuval Ziv, Nuvei’s managing director of digital payments. “Our expertise in the iGaming sector means we can anticipate the needs of the market and facilitate the success of operators in all regulated states.”

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Bally Bet Sportsbook & Casino app

Bally’s Interactive Launches the New Bally Bet Sportsbook & Casino App in Ontario

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Bally’s Interactive, the digital and sports betting division of Bally’s Corporation, has launched the all-new Bally Bet Sportsbook & Casino app in Ontario, Canada. This latest release marks another significant milestone for the company, following the recent app update in New Jersey and a series of successful app launches in the past year, including the introduction of Bally Bet Sportsbook across multiple states and Bally Casino in Rhode Island.

The updated Bally Bet Sportsbook & Casino app represents a major step forward, as it combines the functionalities of the existing Bally Casino app and Bally Bet Sportsbook app into one comprehensive platform. Powered by White Hat Gaming, this new app allows players residing in or traveling to Ontario to conveniently place wagers on both sports and casino games using a single app, account, and universal wallet.

“We are thrilled to introduce the new Bally Bet Sportsbook & Casino app, marking a significant milestone for Bally’s. This integrated platform merges the features of our previous apps, providing players in Ontario with a seamless experience for both sports and casino betting. Our commitment to enhancing the player experience remains at the forefront as we strive to personalize the enjoyment of playing Bally Bet,” said Robeson Reeves, CEO of Bally’s Corporation.

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BCLC

Be #GiftSmart: Scratch the Idea of Gifting Scratch & Win Tickets to Kids

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BCLC reminds adults to gift responsibly this holiday season

With the holiday season in full swing, BCLC is reminding British Columbians to gift responsibly and scratch lottery products from their shopping lists for kids.

“Scratch & Win tickets can make great stocking stuffers for the adults in your life, but they’re not for kids,” said Ryan McCarthy, BCLC’s Director of Player Health. “The research shows that children who have early encounters with gambling are four times more likely to develop riskier gambling behaviour as they grow up. While people are out shopping for those last-minute gifts, BCLC wants adults to be aware of the potential risks associated with gifting lottery products to children and to consider safer alternatives.”

While Scratch & Win tickets are among the most common ways kids can be introduced to gambling, children are increasingly exposed to various online forms, such as gambling streams.

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“With the convergence of gaming and gambling, youth are becoming more exposed to gambling content in online spaces like streaming sites, where creators are able to live-stream their own gambling, usually while playing online slots and instant games,” said Dr. Luke Clark, Director for Gambling Research at UBC. “Our research at the UBC Centre for Gambling shows that a higher frequency of watching online gambling streams is associated with a more positive attitude towards gambling and a high intention to gamble in the future.”

In B.C., it is illegal to sell lottery products to anyone under the age of 19 and BCLC encourages adults to have conversations with the kids in their lives about the risks associated with gambling.

“Open and honest conversations are crucial when it comes to navigating childhood exposure to gambling,” said McCarthy, who shared the following tips to adults:

  • Monitor for gambling-related lifestyle changes. For example, developing a positive attitude towards gambling or a preoccupation with video games or streaming sites.
  • Be a positive role model. Exhibit safer gambling behaviour and talk about the risks.
  • Limit exposure. Monitor kids’ online activities and discourage engagement with gambling content. Explain how gambling is based on chance.
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AGCO

Jackpot Digital Receives Approval from AGCO as a Registered Gaming Supplier

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Jackpot Digital Inc., a leading provider of innovative dealerless electronic poker gaming solutions, has announced that the Alcohol and Gaming Commission of Ontario (AGCO) has approved the Company to be licensed as a registered Gaming Related-Supplier (the “Supplier License”) under the Gaming Control Act in the Province of Ontario.

This significant achievement allows Jackpot Digital to enter one of the most dynamic and rapidly growing regulated gaming markets in North America. The Supplier License authorizes Jackpot Digital to supply its electronic table games to Ontario’s gaming venues, including casinos and other regulated gaming facilities.

Jackpot Digital’s flagship product, the Jackpot Blitz electronic table game system, offers a modern, dealerless, player-friendly solution that integrates traditional multiplayer poker games with cutting-edge digital technology. The Supplier License will enable the Company to offer its innovative gaming solutions to operators throughout Ontario, driving new revenue opportunities and enhancing player experiences.

“Receiving AGCO’s approval is a major milestone. This approval provides us with the opportunity to offer our top-tier electronic gaming systems to operators throughout all of Ontario, positioning us for further growth in one of the world’s most robust gaming markets. We are excited to bring our innovative products to Ontario’s gaming community and continue our commitment to providing exciting, technology-driven entertainment experiences,” said Jake Kalpakian, CEO of Jackpot Digital.

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