Branded as a cashless casino payments ecosystem, Play+ enables customers to spend their money with more than 80 gambling partners, across sports betting, lottery, racing and both in-person and online casino operators.
The new agreement with JP Morgan Payments will help solve payment challenges for operators and customers alike, allowing players to deposit and withdraw money with greater simplicity.
Omer Sattar, Co-CEO, Sightline Payments, commented: “We are thrilled to select JP Morgan Payments to help us enhance the regulated North American gaming industry’s payments experience.
“We’re at a critical point in the gaming industry’s payments ecosystem. JP Morgan Payments will help us solve some of the biggest payments challenges our industry faces and provide real solutions to the millions of consumers who enjoy the modern, omnichannel gaming experience.”
Since launching in 2012, 1.5 million customers have opened an account with Play+, which operates in over 40 US states. It has worked with traditional brick-and-mortar casinos, such as those in Nevada, Indiana, Ohio and Pennsylvania, to help them adopt modern, cashless wagering systems.
Drew Soinski, Managing Director and Senior Payments Executive, JP Morgan Payments, said: “At JP Morgan Payments, we’ve seen tremendous growth of digital payments in the gaming industry and we’re excited Sightline has selected our best-in-class products and services for Play+ payments processing.”
In October 2021, Sightline entered into a similar agreement with International Game Technology (IGT), linking the Play+ cashless payments system with IGT’s Resort Wallet.