ALLENTOWN, Pa. & LAS VEGAS–(BUSINESS WIRE)–Shift4 Payments (NYSE: FOUR), the main supplier of built-in cost processing expertise, and Sightline Payments, the chief in cashless gaming and betting options, at present introduced a strategic partnership to energy on-line gaming and sports activities betting for casinos and sports activities venues. This formal partnership between two main fintech firms will ship a seamless cost expertise for patrons of hospitality, on-line/cell gaming, on-premise gaming, and sports activities betting venues.
Sightline’s on-line/cell gaming and betting options complement Shift4’s end-to-end funds providing to ship an all-inclusive cost ecosystem for casinos, sports activities venues, and different hospitality companies. This unmatched providing offers a complete visitor expertise throughout in-venue and on-line funds.
“The regulated gaming market, together with sports activities betting and fantasy leagues, is big and persevering with to achieve in recognition. We’re excited to associate with Sightline to tackle this large funds alternative,” stated Jared Isaacman, Shift4 Funds CEO.
“Because the world at massive continues to shift away from money and in direction of strong, forward-thinking digital funds options and loyalty packages, it’s a pleasure to associate with a powerhouse like Shift4,” stated Sightline Funds CEO Joe Pappano. “We’re already experiencing robust curiosity from alternatives we’re cooperatively pursuing and look ahead to persevering with to increase our pipeline and delivering on the potential of this partnership.”
About Shift4 Funds
Shift4 Funds (NYSE: FOUR) is a number one supplier of built-in cost processing and expertise options, delivering an entire omnichannel ecosystem that extends past funds to incorporate a variety of commerce-enabling companies. The corporate’s applied sciences assist energy over 350 software program suppliers in quite a few industries, together with hospitality, retail, F&B, ecommerce, lodging, gaming, and lots of extra. With over 7,000 gross sales companions, the corporate securely processed greater than $200 billion in funds quantity for over 200,000 companies in 2019. For extra data, go to shift4.com.
About Sightline Funds
Sightline was based in 2010 and awarded Deloitte’s prestigious Expertise Quick 500 in 2019. The corporate is main the way in which in gaming to construct the primary actually cashless ecosystem with its flagship resolution, Play+. Named “Most Modern Gaming Expertise Product of the Yr”, Play+ permits shoppers a cashless and seamless cell commerce expertise for hospitality and gaming, together with on-line, cell, on-premise slots, desk video games, and sports activities. The Play+ digital platform is embraced by built-in on line casino resorts, sports activities betting and lottery platforms, together with the biggest and most well-recognized on line casino resort and sports activities betting manufacturers on the planet. Sightline is predicated in Las Vegas, Nevada. Study extra at https://sightlinepayments.com.
Secure Harbor Assertion and Ahead Trying Data
This press launch incorporates forward-looking statements throughout the that means of the Personal Securities Litigation Reform Act of 1995. All statements contained on this press launch that don’t relate to issues of historic reality needs to be thought of forward-looking statements, together with statements relating to the anticipated success of our strategic partnership to energy on-line gaming and betting for casinos and sports activities venues. These statements are neither guarantees nor ensures, however contain recognized and unknown dangers, uncertainties and different vital elements that will trigger our precise outcomes, efficiency or achievements to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by the forward-looking statements, together with, however not restricted to, the next: the impact of the COVID-19 international pandemic on our enterprise and outcomes of operations; our capability to distinguish ourselves from our rivals and compete successfully; our capability to anticipate and reply to altering business developments and service provider and shopper wants; our capability to proceed making acquisitions of companies or belongings; our capability to proceed to increase our market share or increase into new markets; our reliance on third-party distributors to supply services; our capability to combine our companies and merchandise with working techniques, gadgets, software program and internet browsers; our capability to keep up service provider and software program associate relationships and strategic partnerships; the consequences of world financial, political and different circumstances on shopper, enterprise and authorities spending; our compliance with governmental regulation and different authorized obligations, significantly associated to privateness, information safety and data safety, and shopper safety legal guidelines; our capability to determine, keep and implement efficient threat administration insurance policies and procedures; our capability to guard our techniques and information from frequently evolving cybersecurity dangers, safety breaches and different technological dangers; potential hurt brought on by software program defects, pc viruses and growth delays; the impact of degradation of the standard of the services we provide; potential hurt brought on by elevated buyer attrition; potential hurt brought on by fraud by retailers or others; potential hurt brought on by injury to our popularity or manufacturers; our capability to recruit, retain and develop certified personnel; our reliance on a single or restricted variety of suppliers; the consequences of seasonality and volatility on our working outcomes; the impact of assorted authorized proceedings; our capability to boost extra capital to fund our operations; our capability to guard, implement and defend our mental property rights; our capability to determine and keep efficient inner management over monetary reporting and disclosure controls and procedures; our compliance with legal guidelines, laws and enforcement actions that have an effect on our business; our dependence on distributions from Shift4 Funds, LLC to pay our taxes and bills, together with funds underneath the Tax Receivable Settlement; and the numerous affect Rook and Searchlight have over us, together with management over selections that require the approval of stockholders. These and different vital elements are mentioned underneath the caption “Threat Components” in our Quarterly Report on Kind 10-Q for the quarter ended September 30, 2020 and our different filings with the SEC may trigger precise outcomes to vary materially from these indicated by the forward-looking statements made on this press launch. Any such forward-looking statements symbolize administration’s estimates as of the date of this press launch. Whereas we could elect to replace such forward-looking statements in some unspecified time in the future sooner or later, we disclaim any obligation to take action, even when subsequent occasions trigger our views to vary.