Key Executive Additions and Increased Scale Drive Growth Across Land-Based, Online and Mobile Gaming
LAS VEGAS – December 17, 2019 – Global Payments Gaming Solutions realized a highly successful 2019 with continued growth in key markets and driving payment modernization in the gaming industry. Additionally, the successful merger of Global Payments and TSYS provides greater size, scale, level of innovation and the ability to leverage industry-leading ancillary payments products for its customers, positioning the company to continue its growth trajectory in 2020.
RAPID GROWTH IN iGAMING
As both iGaming and sports betting become more widely accessible, Global Payments has established itself as a preferred partner for these organizations, reporting 2019 growth exceeding 50% within the U.S. iGaming market. Serving more than 3 million registered players and adding more than 30,000 monthly– Global Payments provision of credential-free enrollment reduces friction and enables expanded online play.
MOBILE LEADS IN 2020
Global Payments is defining the emerging role of mobile within casinos through its VIP Mobility solution, which enables frictionless, responsible gaming and an enhanced user experience for players across the property. VIP Mobility is currently being piloted in a host of casinos across the U.S.
LAND-BASED OPERATORS LOOKING FOR MORE FROM SELF-SERVICE
For land-based casinos, Global Payments supports a significant number of operations, having signed key deals with the world’s entertainment leaders to deploy innovative self-service options to enhance operator profitability by making the cage more efficient. Additionally, the company continues to invest in and deliver new functionality like dynamic currency conversion, and new payment forms, such as cash advance with American Express.
COMPLIANCE CHALLENGES GROW
This year, Global Payments added new benefits to its compliance-management solution, VIP Shield™, an open API solution that is compatible with any gaming system. The solution now provides users with enhanced Title 31 and IRS reporting, and better visibility between the cage, surveillance and finance departments.
EXECUTIVE STRENGTH AND INDUSTRY ADVOCACY
To support its momentum, Global Payments added key personnel to its executive team in 2019, including Michael Minor as Head of Sales, and Gregory Boardman as Head of Product. Both executives bring unique industry experience to the organization: Minor previously served as head of North American system sales for IGT, and Boardman is a veteran leader in payments and commerce.
Company president, Christopher Justice, was named to board positions with the iDevelopment and Economic Association (iDEA) and the American Gaming Association (AGA), where he sits on task forces focusing on Payments Modernization and Sports Betting.
“2019 was a highly successful year for us and 2020 is positioned to be even stronger,” said Christopher Justice, president of Gaming Solutions for Global Payments. “It is an exciting time to be a part of the gaming industry and I am proud of the role that our organization is playing in shaping the future of the industry, from operations to the customer experience.”