Payment company Pavilion Payments has taken over CasinoSoft, a casino software provider.
Pavilion Payments Acquires CasinoSoft, Strengthening Fintech Payments and Compliance Capabilities
Pavilion Payments, a leading fintech payments company, has announced the acquisition of CasinoSoft, a renowned anti-money laundering (AML) and Title 31 compliance software company. This strategic move positions Pavilion Payments as a clear leader in fintech payments, cashless gaming, cage, and floor automation.
Dan Connors, CEO of Pavilion Payments, expressed delight at the addition of CasinoSoft to their team, stating that the acquisition furthers their delivery of a vibrant and diverse portfolio of products and services. Matt Montano, CasinoSoft Principal and Owner, shared similar sentiments, expressing excitement about the acquisition moving the company to the next level.
CasinoSoft is known as the industry standard for AML/Title 31 compliance, automated tax forms, jackpot processing, and associated reporting services. With a robust suite of AML/Title 31 and tax form products, CasinoSoft has longstanding partnerships with satisfied customers throughout the industry.
The acquisition allows Pavilion Payments to grow its business with several new patents, innovative products, and transformative solutions. According to Diallo Gordon, President of Pavilion Payments, the acquisition will enable the company to deliver automated and fully compliant solutions for casino operators.
The combined offering of Pavilion Payments and CasinoSoft aims to streamline floor, cage, and slot operations, making them faster, easier, and more secure for operators. This fusion brings together Pavilion Payments' player funding and payment ecosystem with CasinoSoft’s industry-leading AML/Title 31 compliance, automated tax form processing, jackpot handling, and reporting solutions.
The acquisition positions Pavilion Payments as the clear leader in fintech payments, cashless gaming, cage, and floor automation. 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.
The leaders of both companies expressed optimism about the acquisition’s impact. Diallo Gordon highlighted the acquisition’s role in expanding Pavilion’s ecosystem with innovative compliance and payment technologies, while Matt Montano emphasized strengthening market presence and delivering sustained growth through this partnership.
The acquisition of CasinoSoft by Pavilion Payments was announced on Friday. However, no new financial details about the acquisition were disclosed.
Rege Behe's website was mentioned in the article, but no specific details about his role in the acquisition were provided.
[1] Pavilion Payments Press Release [2] CasinoSoft Press Release [3] Fintech Magazine Article [4] Casino Operator News Article [5] Gaming Intelligence Article
- The acquisition of CasinoSoft by Pavilion Payments bolsters Pavilion Payments' technology offerings, as CasinoSoft is known for its industry-standard AML/Title 31 compliance software, automated tax forms, jackpot processing, and reporting services.
- With CasinoSoft's innovative products and solutions now integrated into its offerings, Pavilion Payments aims to provide automated and fully compliant solutions for casino operators, streamlining floor, cage, and slot operations.
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