Industry News
Start2Pay to launch specialised betting and gaming payout services
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B2B payments solutions to solve complex infrastructure challenges for global operators
Start2Pay, the specialist global payments provider, has announced the launch of its bespoke suite of payout products for betting and gaming, drawing on over five years of payments expertise across the e-commerce and financial sectors.
Set to officially announce rollout of their payout service in time for ICE London, the provider’s dedicated gaming team will be setting up camp at Stand N7-350-2 to introduce delegates to their seamless, easily integrated ‘one-stop-shop’ payouts service. All designed to simplify payout processes, accelerate payment speed and extend the range of payout options available to operators.
Offering the ability to facilitate instant one-click payments with automatic regulatory approval, Start2Pay’s battle-tested suite of services are explicitly designed to provide partners with the toolkit to ensure seamless payments services for over 100 localised payment systems worldwide.
With an emphasis on enabling operators to be instantly ready to offer payment services across developing regional markets, including LatAm, CIS and the Far East, Start2Pay’s suite enables deposits and cash-outs via local card payments and bank transfers, cash terminals, electronic wallets and alternative payment methods. Ensuring one of the industry’s highest payment approval ratios, no matter the location.
Commenting on its betting and gaming launch, Ross Borg, Business Development Manager at Start2Pay said:
“Our vast experience across multiple payment verticals allows us to deliver the betting industry’s most comprehensive, full-service suite of payment solutions – all designed to solve the complex challenges faced by global operators.
“With fully bespoke payout limits for each payment system used, as well as API-based delivery and full control over your transactional data, we’re delighted to be bringing our expertise into betting and gaming, ensuring our partners are ready to enter any new market in line with local payment infrastructure.”
Fully certified by The Payment Card Industry Data Security Standard (PCI DSS), Start2Pay’s bespoke payments services are already in use by casino affiliate program V.Partners, as well as GG.Bet, the industry’s largest global eSports operator.
Endorsing Start2Pay’s services, Phin Smith, GG.Bet CEO said:
“One of the greatest challenges we faced during our rapid growth over the past few years has been the payout process across multiple markets and varying tech infrastructure.
“Integrating Start2Pay’s payout service into our operations has worked absolute wonders for us across our customer and partner networks – with their support and market-leading services, we’re able to channel our resources back into building our brand, safe in the knowledge they’ve got us covered in every market we operate in.”
Set to showcase its dedicated betting and gaming payout suite at this year’s ICE London, a full list of products and services can be viewed by visiting: https://start2pay.com
Industry News
IGT Achieves Improved ESG Score from FTSE Russell
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International Game Technology PLC announced that it has achieved an environmental, social and governance (ESG) Score of 4.3 out of 5.0 from FTSE Russell, positioning IGT in the 97th percentile within the Travel and Leisure sector of FTSE Russell’s ESG Scores. This was an improvement from IGT’s previous ESG Score of 4.2 out of 5.0 in 2023, demonstrating its ongoing commitment to enhancing ESG performance.
“As a company committed to continually elevating our sustainability practices and leadership, IGT is proud to once again achieve an improved ESG score from FTSE Russell. Through our global Sustainable Play program, we execute sustainable practices and policies throughout our company and this improved score validates our ongoing efforts,” Wendy Montgomery, SVP of Marketing, Communications and Sustainability at IGT, said.
FTSE Russell’s ESG Scores and data model allows investors to understand a company’s exposure to, and management of, ESG issues in multiple dimensions. The ESG Scores are comprises an overall rating that breaks down into underlying pillar and theme exposures. Scores built on over 300 individual indicator assessments are applied to each company’s unique circumstances. The ESG Scores align with the UN Sustainable Development Goals (SDGs), all of which are reflected in FTSE Russell’s ESG framework.
The post IGT Achieves Improved ESG Score from FTSE Russell appeared first on European Gaming Industry News.
Industry News
Super Group Appoints Merrick Wolman to its Board of Directors
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Super Group has appointed Merrick Wolman to its Board of Directors, effective from February 18, 2025.
Mr. Wolman is the Chief Executive Officer of a global finance company and has worked closely with the Super Group executive team for over two decades.
Neal Menashe, Chief Executive Officer of Super Group, said: “We are very pleased to welcome Merrick to the board. His deep understanding of the gaming industry, alongside his wide range of experience in executive roles, will be of great value as we continue to pursue our global growth strategy and build on our successes to date.”
This appointment brings the total directors on Super Group’s board to nine, including five independent directors.
The post Super Group Appoints Merrick Wolman to its Board of Directors appeared first on European Gaming Industry News.
Industry News
Kindred Reports Decline in Revenue from High-risk Players for Q4 2024
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Kindred Group has reported decline in its share of revenue from high-risk players for the fourth quarter 2024 at 2.7% (Q3 2024 3.2%). The percentage of detected customers who exhibited improved behaviour after interventions showed an improvement at 92.2% (compared to 87.3% in Q3 2024). This positive trend is mainly the result of stricter measures across key markets, improved internal processes, as well as the exit from non-locally licensed markets as part of to the acquisition by La Française des Jeux (FDJ) in October 2024. This shift reflects Kindred’s broader commitment to maintaining high regulatory standards and fostering safer gambling practices.
“It is pleasing to see the decline in high-risk revenue during the fourth quarter of last year. We know that the share fluctuates between quarters, but the long-term trend is showing a steady decline. We remain dedicated and focused on improving our systems and processes to ensure we offer our customers a safe and fun experience,” Esther Scheepers, Head of Responsible Gambling at Kindred Group, said.
“The increased focus on responsible gambling by regulators and the industry is welcomed. From our end, we see that by combining our expertise with emerging technologies, we can further enhance detection capabilities. We are currently working on our existing detection system in combination with an additional system that will enable us to integrate more robust compliance features and optimize our overall approach to safer gambling. Furthermore, we are exploring opportunities to expand our research efforts, aiming to support data-driven discussions and looking at emerging trends in consumer protection. All these aspects are important to protect the integrity of the licence model and maintain a level playing field,” Esther Scheepers added.
The post Kindred Reports Decline in Revenue from High-risk Players for Q4 2024 appeared first on European Gaming Industry News.
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