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Paysafe Enhances Sportech’s Bump 50:50 Software with Contactless Payments

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Paysafe, a leading specialized payments platform, has expanded its omnichannel payments offering for Bump 50:50, the Sportech division providing a digital raffle solution to sports and nonprofit charity foundations. As North American in-stadium sports return, fans will be able to enter raffles safely and securely through Paysafe-processed contactless card payments at points of sale (POS) from Handpoint, a pioneer in defining integrated payments.

The current COVID-19 pandemic has driven strong growth in contactless payments in the U.S. market. Fifty-nine percent of American consumers are happier making an in-person payment using an NFC-enabled card than they were a year ago, according to Paysafe’s April 2020 research.

Responding to this trend and innovating during the current shutdown of in-stadium spectator sports, Paysafe and Bump 50:50 have brought to market the charitable raffle space’s first fully integrated contactless payments solution. When fans return to stadiums, Bump 50:50’s partners, which include the foundations of over 120 professional, collegiate and nonprofit organizations (numbering dozens of NFL, NBA, MLB, and NHL teams), can enable them to purchase raffle tickets from in-venue sales staff using card tap-and-pay at Handpoint’s lightweight mobile POS terminals.

Transactions are processed seamlessly through the proprietary Bump 50:50 application installed on in-stadium sellers’ mobile tablets. The contactless enhancement is supported by both Android and Apple iOS versions of the solution’s app.

Paysafe’s omnichannel offering also allows sports fans to win raffle prizes and raise money for charities by using Bump 50:50’s online platforms at home or on-the-go via their own mobile devices, with all card-not-present transactions processed by Paysafe.

Carla Erlick, Senior Vice President, ISV Channel at Paysafe, said: “Sportech’s Bump 50:50 has become one of our flagship independent software vendor (ISV) partners, truly showcasing our omnichannel payments offering. Further complementing our card-not-present payments relationship with Bump 50:50, we’re delighted to strengthen our card-present support for Bump 50:50’s partners to better meet the new North American reality of in-person transactions.”

David Kurland, President of Sportech’s Bump 50:50, commented: “Bump 50:50 is pleased to offer our partners contactless pay through our integration with Paysafe. This is one more example of Bump 50:50’s continuous pursuit of new technologies and platform enhancements designed to help our partners reach their fundraising goals. We are also mindful of the fact that contactless pay is especially critical at this time, as our partners are developing safety protocols that will help them return to in-person events.”

 

About Sportech’s Bump 50:50:

Sportech’s Bump 50:50 provides technologies and services that allow foundations, many affiliated with professional and collegiate sports teams, and nonprofit philanthropic organizations to offer innovative digital 50/50 raffle programs in stadiums and online. Charitable raffles harness the passion of sporting and entertainment events to help foundations raise funds to support their philanthropic missions. The raffle winners and the foundations share the net raffle proceeds equally, making both partners in the success of the program. Sportech, Bump’s parent company, is a leading global provider of betting technology solutions to licensed gaming operators worldwide. For more information about both Sportech and Bump 50:50, visit www.sportech.net.

About Paysafe:

Paysafe Group (Paysafe) is a leading specialized payments platform. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, card issuing, and online cash solutions. With over 20 years of online payment experience, an annualised transactional volume of over US $98 billion, and approximately 3,000 employees located in 12+ global locations, Paysafe connects businesses and consumers across 70 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Visit us at: www.paysafe.com.

About Handpoint:

Handpoint has been a pioneer in defining integrated payments and next-generation POS, from advancing the checkout experience with mobile technology to launching open payment integrations for all emerging POS platforms on 3 continents. We provide solutions for merchants, acquirers, ISOs, and ISVs who are delivering on the cutting edge of payments: where customer experience and management matter, where payments are embedded seamlessly, and where mobile technology fuels growth. Handpoint’s software terminal, international gateway, and terminal management system enable the future of acquiring, from mPOS and integrated POS to a future without terminals. Visit us at www.handpoint.com.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Paysafe Enhances Sportech’s Bump 50:50 Software with Contactless Payments

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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SkyCity Shuts Down Auckland Casino as New Zealand Re-enters Lockdown

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Casino operator SkyCity Entertainment Group has once again closed down its flagship integrated resort SkyCity Auckland, after the New Zealand government revealed four new cases of community transmitted COVID-19 on Tuesday.

The cases have come as a huge shock to the country, which only 24 hours earlier had celebrated 100 days without a single new locally transmitted case of the coronavirus. Auckland has immediately been placed back on Stage 3 restrictions for three days as a precautionary measure, with the rest of New Zealand on Stage 2. Under Stage 3 lockdown, bars and many businesses will be closed, gatherings restricted to 10 people and travel in and out of Auckland mostly prohibited.

SkyCity’s casinos in Hamilton and Queenstown will remain open with social distancing measures in place.

“SkyCity is fully complying with this latest update from the New Zealand government. SkyCity is well prepared to respond quickly to these changes and is in a strong financial position to withstand the financial impacts of these temporary restrictions,” Graeme Stephens, CEO of SkyCity Entertainment, said.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: SkyCity Shuts Down Auckland Casino as New Zealand Re-enters Lockdown

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Guild Esports appoints MediaCom S&E to support global partnerships strategy

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Guild Esports (Guild), the global esports business headquartered in London, today announces the appointment of MediaCom Sport & Entertainment (MediaCom S&E) as the Company’s first consultancy delivering Guild’s commercial partnerships strategy.

Guild’s appointment of the esports division of MediaCom, one of the world’s leading media agencies, will support the Company across all aspects of its commercial proposition, development, and global go-to-market strategy for its commercial partners.

Guild Esports, which is co-owned by David Beckham, is bridging the gap between sports and esports with an academy-powered model and a brand that celebrates and harnesses the diverse and tribal loyalty of esports enthusiasts on a global scale. The Company’s ambition is to build a culture of excellence around both its brand and digital presence and to develop a lifestyle cross-over brand suited to the fast-growing esports market. Globally esports is currently valued at US$1.1bn and is projected to grow by 42% to US$1.56bn by 2023.

Guild welcomes MediaCom S&E as an accomplished agency with a proven track record and a wealth of partnerships and esports expertise that will enhance and strengthen the appeal of Guild’s expanding business. Guild’s appointment of MediaCom S&E dovetails with the agency’s recent expansion of its gaming business following recent work with Tencent, one of the world’s largest investors into esports broadcasting and publishing, alongside Cartier, Piaget and Richemont.

Carleton Curtis, executive chairman at Guild, commented: “We are excited to be working with MediaCom to spearhead Guild’s partnerships strategy. Their wealth of experience within the tech sector and their understanding of our core channels makes them a perfect fit in supporting the growth and establishment of Guild as one of the leading players within esports.”

Michelle Tierney, Director of Commercial Partnerships at Guild, said: “We are at a pivotal moment with Guild poised for accelerated growth. This is an exciting time to welcome MediaCom S&E who can build on the momentum of our launch, foster partnerships and bring Guild to new audiences across the globe.”

Misha Sher, global VP of MediaCom S&E, said: “We are delighted to be partnering with Guild at the beginning of their exciting journey. The popularity and appeal of esports as a cultural phenomenon continues to grow and Guild are perfectly positioned to capitalize on the momentum. Operating at the intersection of media, technology and culture, we know what’s required to attract commercial partners in a new, digitally led world. We thank Guild for their trust and look forward to helping them build one of the industry’s leading organisations.”

Guild’s inaugural teams for EA FIFA Esports and Rocket League debuted earlier this year and the Company will continue to scale into various esports disciplines over the course of the 2020/21 season. Guild’s professional athletes can also expect to compete in the popular title Fortnite.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Guild Esports appoints MediaCom S&E to support global partnerships strategy

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A look at how New Casino Sites are regulated

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casino-sign A look at how New Casino Sites are regulated

The new casino site industry is stronger than ever before. In fact, it can sometimes feel like there are new sites for players to select from every single day.

Although exciting for players, the fact is that not all of these sites are as secure as the next and so the question of regulation inevitably rises. When a new casino site launched, they must obtain a license from a regulatory body. Sites such as those newly listed at newcasinosites.me.uk have gained a license from a reputable organization yet elsewhere there remain those that are not totally legitimate.

In this article, we will take a look at how new casino sites are regulated. We will delve into what exactly it takes for a new site to receive a license from a top authority, specifically looking at the UK situation.

Let’s get started with a look at the foundations of online casino site regulation in the UK.

When did new casino site regulations begin in the UK?

Once upon a time, new casino sites were barely regulated at all. When online gambling first came to prominence in the early 21st century, sites had next to no legal obligation to their players. A scary thought indeed! Well, then came the Gambling Acts of 2005 and 2014 in the UK to save the day.

The first act of 2005 was the most influential piece of legislation. Essentially it cleaned up the UK online casino site business and put an end to the use of online sites for criminal activity such as money laundering.

Once this was taken care of, the UKGC was launched and sites looking to operate had to pass a strict series of tests around fairness, security and more. Currently, new casino sites looking to launch from the UK can only use software developers certified safe by the UKGC. This essentially put an end to unfair games operating in the UK.

Then, in 2014, the UKGC also stated that advertising of online casino sites should be targeted only to players over the age of eighteen. What’s more, players would also have to input their age at the point of sign-up from then on.

The idea behind the UKGC and the acts of 2005 and 2014 is to regulate the gambling industry and ensure that there is no return to the wild west of the early 2000s.

How are new casino sites regulated today?

To this day, the UKGC is considered to be one of the most strictly controlled of any body on earth. Sites wishing to gain a UK license must stick to a rigid set of guidelines if they are to obtain a license, all designed with consumers in mind.

So what exactly does this look like? Well, areas like segregation of funds are key to the UKGC, ensuring that no criminal activity is going on behind the scenes. As a strict regulatory body, the UKGC looks to ensure that it covers everything from credit rules, fair play and morally upstanding advertising.

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