Pavilion Payments has announced its acquisition of CasinoSoft, a company renowned for its anti-money laundering and Title 31 compliance software. This acquisition strengthens Pavilion Payments’ position in the online gambling sector.
Pavilion Payments Expands with CasinoSoft Acquisition
CasinoSoft stands as the industry benchmark for AML/Title 31 compliance, automated tax forms, jackpot processing, and related reporting services. Pavilion Payments President Diallo Gordon expressed excitement about the acquisition, noting that it aligns with Pavilion’s vision to dominate the fintech payments and cashless gaming markets. The integration of CasinoSoft’s software promises to enhance the efficiency of floor, cage, and slot operations while ensuring security and ease for casinos and igaming platforms.
Matt Montano, CasinoSoft’s Principal and Owner, shared his enthusiasm for the acquisition, highlighting the company’s 20-year commitment to innovation and customer satisfaction. CasinoSoft’s longstanding partnerships in the industry reflect its success in streamlining compliance workflows and enhancing the guest experience through greater automation.
Streamlined Operations Enhance Online Gambling Efficiency
The merger provides Pavilion Payments with a vertically integrated platform that combines player funding and payment solutions. This collaboration aims to reduce manual processes and boosts automation, which benefits both employees and customers in the online gambling sector. Pavilion Payments CEO Dan Connors emphasized the strategic advantage the CasinoSoft products will bring, enhancing Pavilion’s diverse product portfolio.
With these advancements, the acquisition positions Pavilion Payments as a leader in end-to-end compliance and payment solutions, solidifying its role in transforming the online gaming experience. Customers can expect improved service delivery and operational efficiency across various gaming operations.
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