Compliance Updates
Continent 8 Technologies expands in the US to support iGaming and sports betting in Nevada
Full-service infrastructure provider to service operators and suppliers with global managed hosting, connectivity and cloud solutions in the Silver State
Continent 8 Technologies, the award-winning global managed hosting, connectivity, cloud and cybersecurity provider to the iGaming and online sports betting industry, augments its US offering having received approval in the state of Nevada.
The company has received two approvals from the Nevada Gaming Control Board (NGCB). The first authorizes Continent 8 to provide its cutting-edge services via its data center site located in the state, and the second allows it to service Nevada-licensed operations from its New Jersey site. This enables licensed iGaming operators and suppliers utilizing Continent 8’s state-of-the-art data center in Atlantic City to launch in the Silver State and benefit from zero-compromise connectivity, performance and latency for optimal user experiences.
Continent 8’s full suite of solutions designed to meet regulatory compliance in each state and jurisdiction is available to customers in Nevada. These solutions cover managed hosting, connectivity and cloud. This includes supporting hybrid cloud deployments with hyperscale partners like Amazon Web Services (AWS).
Continent 8 has consistently demonstrated its leadership in the industry with a first-to-market approach across North America. Working closely with regulators ensures that its customers are the first to go live when each state opens its doors to regulated iGaming and online sports betting for the first time. Continent 8 is live in 30 US states, with further launches in the pipeline.
This first-to-market approach, unrivalled regulatory experience and cutting-edge suite of solutions have seen Continent 8 emerge as the go-to infrastructure provider of choice for 95% of operators on the EGR US Power Rankings for 2024.
Nick Nally, Chief Revenue Officer at Continent 8 Technologies, said: “Our bold and customer-centric approach has positioned us as the number one iGaming infrastructure provider for operators and suppliers targeting the US market, and adding Nevada to our growing network of states strengthens this position.
“That we have also uniquely secured approvals to service Nevada customers from both in-state and out-of-state is further evidence of how we provide our customers with solutions they simply can’t get elsewhere. And this has only been possible because of our close relationship with regulators and the prowess of our infrastructure.”
Pavilion Payments, the leading omnichannel payment solutions provider in the gaming industry, has acquired CasinoSoft, a trusted leader in Anti-Money Laundering (AML)/Title 31 compliance, automated tax form processing, jackpot handling and regulatory reporting software. Together, they are building a unified solution that simplifies and modernizes gaming operations.
“We have put 20 years of our heart and soul into building the CasinoSoft brand and are thrilled with the many ways this acquisition moves us to the next level. The success of our robust suite of AML/Title 31 and tax form products is evidenced by the longstanding partnerships we enjoy with our many satisfied customers throughout the industry,” said Matt Montano, Principal and Owner of CasinoSoft.
The new offering combines Pavilion Payments’ seamless player funding and payment ecosystem with CasinoSoft’s industry-leading compliance and automation software. The result is a powerful, vertically integrated platform that streamlines floor, cage and slot operations, making them faster, easier and more secure for casinos, route gaming as well as iGaming and sportsbook operators.
“CasinoSoft is the industry standard for AML/Title 31 compliance, automated tax forms, jackpot processing, and associated reporting services. With this acquisition, we plan to grow the broader Pavilion business with several new patents, innovative products, and transformative solutions that position us as the clear leader in fintech payments, cashless gaming, cage, and floor automation,” said Diallo Gordon, President of Pavilion Payments.
For more than two decades, CasinoSoft has helped casinos streamline Title 31, AML, tax forms and jackpot workflows, keeping operations audit-ready and freeing up staff to focus on the guest experience. By joining Pavilion Payments, CasinoSoft expands its ability to deliver end-to-end compliance and payment solutions within a single, connected system, reducing manual steps and increasing automation.
“At Pavilion Payments, we pride ourselves on offering our partners and customers a vibrant and diverse portfolio of products and services. The addition of CasinoSoft’s products to our lineup furthers our delivery on that goal. We’re delighted to add CasinoSoft to our team and look forward to delighting our customers with them,” said Dan Connors, CEO of Pavilion Payments.
The post Pavilion Payments Acquires CasinoSoft appeared first on European Gaming Industry News.
Chicago City Council members are reviving plans to legalize video gambling in the city, introducing two ordinances that could bring hundreds of terminals to O’Hare and Midway airports and allow machines citywide for the first time.
One ordinance, introduced by Alderman Gilbert Villegas (36th), targets the city’s airports, where he sees both political feasibility and high revenue potential.
“The General Assembly has provided this opportunity through the casino bill. Yet, we’re not taking advantage of capturing dollars from one of the busiest airports in the country,” Villegas said.
“People are there, in some cases, one or two hours before. If their flight is delayed or they’re making a connection and there is a delay, there’s an opportunity to capture an audience that may not even be going to the city.”
Villegas’ proposal includes a $10,000 license fee per location, plus $500 per terminal. A separate terminal license would cost $1000, with an additional $500 per unit. If 400 machines each generated $800 daily, Villegas estimates annual revenue could reach $116.8 million, with the city taking a share through licensing and taxes.
Alderman Anthony Beale (9th) is pushing for a broader citywide expansion. His ordinance would legalize video gambling throughout Chicago, including in neighborhood bars and restaurants.
“We need to do it citywide and at the airports. We need the revenue and this administration has not shown a willingness to find new revenue that’s not gonna hit the taxpayers in every household,” Beale said.
Beale’s ordinance proposes a $500 license fee per location and a $1000-per-terminal charge for both the site and the machine itself. He has criticized the administration for dismissing the potential benefits, arguing that the current tax formula could be renegotiated with state lawmakers.
“That’s because they haven’t shown the willingness to go down to Springfield and change the formula. I’m hoping that submitting these ordinances will finally convince them to send a team down there,” he said.
The post Chicago City Council Members Pushing to Legalize Video Gambling appeared first on Gaming and Gambling Industry in the Americas.
The Australian Communications and Media Authority (ACMA) has requested the Australian internet service providers (ISPs) to block more illegal online gambling sites, after investigations found these services to be operating in breach of the Interactive Gambling Act 2001.
The latest sites blocked include Best Aussie Pokies, winspirit.online, win-spirit.online, winspirit.team and winspirit1.com.
Website blocking is one of a range of enforcement options to protect Australians against illegal online gambling. Since the ACMA made its first blocking request in November 2019, 1279 illegal gambling and affiliate websites have been blocked. Around 220 illegal services have also pulled out of the Australian market since the ACMA started enforcing new illegal online gambling rules in 2017.
The post ACMA Blocks More Illegal Online Gambling Sites appeared first on European Gaming Industry News.
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