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Sightline Payments Appoints Jonathan Michaels as Senior Vice President of Strategic Development and Government Affairs

Published

3 years ago

March 17, 2021

Key new executive brings extensive industry experience and relationships to the Sightline Payments team to accelerate momentum on cashless gaming, responsible gaming, and more

LAS VEGAS, March 17, 2021 (GLOBE NEWSWIRE) — Sightline Payments, 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, today announced it has appointed Jonathan Michaels as Senior Vice President of Strategic Development and Government Affairs. Michaels brings a comprehensive knowledge of the gaming landscape to aid in Sightline’s continued growth across the sports betting, online casino, and brick-and-mortar verticals.

Michaels comes to Sightline from the American Gaming Association (AGA), where he served as Vice President of Strategic Alliances. During his tenure, Michaels drove the AGA’s efforts to grow its membership to adapt to the expanding landscape of the gaming industry including new participants such as tribal gaming operators, sports betting companies, regional casino operators, diversified gaming suppliers, and payment companies. Michaels also led several key initiatives for the AGA, including payment modernization and sports betting.

In his new role at Sightline, Michaels will oversee new market development and regulatory affairs, where he will work closely with the gaming industry and key stakeholders to continue driving success and innovation in the cashless gaming ecosystem. Michaels will also oversee Sightline’s engagement on responsible gaming; a top priority for the company.

“The addition of Jonathan to the Sightline leadership team as Senior Vice President of Strategic Development and Government Affairs is a significant strategic move for our organization, and we are delighted to welcome him to the team,” said Joe Pappano, Sightline Payments Chief Executive Officer. “I have personally witnessed the strength and impact Jonathan brings to an organization, and we look forward to his leadership in helping execute on our vision and driving some of our most important corporate initiatives.”

“This is a pivotal moment for the gaming industry and I’m excited to join Sightline to help them seize upon cashless gaming opportunities across the industry,” said Michaels. “I look forward to aiding Sightline’s efforts to be the most innovative and collaborative company in the gaming industry today.”

About Sightline Payments
Sightline serves premier gaming and entertainment operators in the United States, including the top-10 sports betting and gaming players. The Company has more than 1.5 million enrolled Play+ accounts across its current portfolio of more than 60 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 $2 billion in total revenue to $12 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 $155 billion revenue market serving over 40 million customers annually. Sightline is based in Las Vegas, Nevada. Learn more at https://sightlinepayments.com.

Media Contact
Allie Potter
Skyya PR for Sightline Payments
[email protected]
218-766-8856

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8f9ce24d-e1f7-466f-9b62-e91844c5aa25

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Aristocrat Leisure Completes Acquisition of Neo Group Ltd. (f/k/a NeoGames) for $29.50 per Share

Published

2 seconds ago

April 26, 2024

George Miller

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Neo Group Ltd. (formerly known as NeoGames S.A.), announced today that Aristocrat Leisure Limited, an entertainment and content creation company delivering world-leading mobile and casino games, has completed the previously announced acquisition of all of the outstanding ordinary shares of Neo for $29.50 per share in an all-cash transaction, representing an enterprise value of approximately $1.2 billion for Neo.

“We are excited to have successfully closed this transaction and joined forces with the Aristocrat team to further drive our success across iLottery, iGaming, and online sports betting,” said Moti Malul, Chief Executive Officer of Neo. “We firmly believe that this Transaction represents a great outcome for all of Neo’s shareholders, customers and employees. We are very grateful to all our stakeholders who have supported us since our inception. I would also like to thank all our employees for their commitment in making Neo the great company it is today.”

The transaction was announced on May 15, 2023.

The post Aristocrat Leisure Completes Acquisition of Neo Group Ltd. (f/k/a NeoGames) for $29.50 per Share appeared first on European Gaming Industry News.

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Sends company confirmed its participation in the ICE London Conference 2024

Published

3 months ago

January 17, 2024

Zoltan Tundik

ICE is the global showcase of innovative technologies, home to 600+ international brands providing access to products and services designed to enhance growth potential. Sends financial company confirmed its participation in the conference inviting to the brand’s stand for meetings.

The 6th of February is the opening day of ICE London 2024. The Sends team will spend three days of the conference meeting the current partners and establishing relationships with new ones in London. On its LinkedIn page, the company noticed that it had set up a stand to provide all the information about activity and business propositions, to meet with associates, and to engage with conference participants.

“Sends team is eager to meet the partners and new people at ICE London 2024. This event is iconic among gaming companies and market players. Organizers predict record attendance for the last London edition. We can’t miss this global event’s opportunities” , commented Anastasiia Pervushyna, Director/MLRO in Sends.

One of the shareholders (owners) of this company is Alona Shevtsova, a businesswoman, philanthropist, and active participant in the Ukrainian and UK FinTech community.

“Recent international industry events during the past year have already clearly shown the value and significance of in-person events for our industry and we expect that to be very evident in London as well”, Alona Shevtsova added.

Sends provides Internet acquiring, multicurrency personal and business accounts. Opening a SEPA/SWIFT/Faster Payments bank account is available within 48 hours after submitting the necessary documents. Sends is available in the web and app versions.

In 2025, the ICE London conference will relocate to Barcelona, Spain. The historic edition of the world’s largest and most international gaming expo ends in Great Britain. This country has hosted the event since 2013.

ICE London 2024 will be held from the 6th to 8th February at ExCeL London. To schedule a meeting with Sends representatives, please use [email protected] email or the conference application.

*Sends is a trade name of SMARTFLOW PAYMENTS LIMITED.

SMARTFLOW PAYMENTS LIMITED is registered in England and Wales (Company number 11070048).

Gaming

It’s time to speed up AI: Slotegrator presented new exciting solutions at iGB L!ve 2023

Published

9 months ago

July 25, 2023

Hunor Pal

A new era in the iGaming industry has begun: AI-powered solutions are now becoming affordable. Slotegrator presented the new AI-powered capabilities of its turnkey online casino platform at iGB L!ve 2023 in Amsterdam.

Every year, Slotegrator presents its newest innovations at iGB L!ve. This year, the company added several new features to its turnkey online casino platform, basing the additions on the results of internal customer research and global market analysis.

Upcoming trends are a constant source of speculation in the iGaming industry. As an industry trendsetter itself, Slotegrator knows what to bet on; last year, the company predicted rapid AI growth, and these capabilities have already been integrated into the company’s solutions.

The upgrades include:

The business intelligence (BI) module has become an Artificial BI module. Now it not only helps operators track the analytical data they need to make strategic decisions, but allows them to compare their project with others that operate in the same market. It’s an effective tool for analyzing competitors’ activities and to improve the entire business strategy.
ChatGPT was integrated to offer operators 24/7 business consultation. While the strategy will ultimately be up to the casino operator, ChatGPT’s capacity to offer advice can prove invaluable.
Fraud Detection (for collecting Big Data to reduce risk) with AI makes it easy for casino operators to set the parameters of what constitutes potentially fraudulent behavior and then segment players accordingly and take action when necessary.

Also, Slotegrator integrated a multiplayer chat function – an effective retention tool that emphasizes the value of live communication and offers opportunities for networking and creating player communities. The solution will see the addition of AI capabilities as well.

“This is just the first set of innovations. We are planning to use AI to boost our platform even further. The industry standards are changing, so the market can’t afford to use old tools now. Our participation in iGB L!ve 2023 demonstrated this completely,” says Dmytro Taran, COO at Slotegrator.