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GSBet links up with Okto

Romanian land-based sports betting operator GSBet has signed an agreement with Okto to roll out its mobile-first, responsible payments solution across its entire retail network.

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Through the deal, Okto’s solution is now available in more than 3,000 self-service betting terminals across 1,100 points.

The agreement offers cashless and responsible gaming experiences to the region.

“This partnership is a key milestone for GSBet, entering dynamically the retail digital space,” said GSBet Owner and CEO Gheorghe Sorin. “Our mission is to offer our customers the best experiences and by partnering with Okto, we further proceed in this direction.”

Okto Country Representative Liviu Popovici commented: “We are pleased with our partnership with GSBet, launching digital, secure payment experiences in an extremely significant and substantial market.

“GSBet understood that digital payments, besides being a new payment alternative for consumers, are primed to springboard the retail companies to the next phase of growth and fast-forward in-store digital transformation.

“The quick and full roll-out of the solution shows how seamless it is to onboard with Okto in a compliant and smooth way, whether that be for retail or online.”

Earlier this year, London’s Hippodrome Casino introduced cashless payments from Okto, marking the provider’s entry into the UK casino market.

Speaking about the Okto.Wallet after the agreement with GSBet, Popovici added: “Okto.Wallet not only satisfies the digital demands of modern consumers but also satisfies the requirements set out by regulators in terms of safer gambling and proper supervision of self-service facilities, being suitable for all progressive businesses in the sector.”

Last month in Romania, SoftGamings was granted a Class II licence from the Romanian National Gambling Office (ONJN). Following the licence award, ONJN-approved remote operators can offer SoftGamings’ sports betting and casino betting solutions on their platforms.

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