2013-09-19 14:37:01 -
Payment Leader to Launch Vantiv Gaming Solutions at G2E
Vantiv Unveils Comprehensive Gaming Solution at the 2013 Global Gaming Expo G2E
Company's Payments Technology Leadership Opening New Opportunities Across Gaming
CINCINNATI, Sep. 19, 2013 - Vantiv, Inc. (NYSE: VNTV), a leading provider of
payment processing services and related technology solutions for merchants and
financial institutions, announced today the official launch of Vantiv Gaming
Solutions at the Global Gaming Expo (G2E) in Las Vegas on Sep. 23, 2013.
"Payments are the lifeblood of gaming," said Joe Pappano, SVP and general
manager Vantiv Gaming Solutions. "We've worked for nearly five years to prepare
for the significant expansion of
payments requirements in the gaming industry.
During this time we've built a comprehensive, fully integrated market solution,
earned significant business relationships with some of the industry's top gaming
operators, and have become a leader in enabling online gaming payments. With the
launch of Vantiv Gaming Solutions, we will provide a new level of commitment to
our gaming clients with a single, dedicated focus on protecting the integrity
and reputation of their brands, securing transaction data, and delivering to
their customers an exceptional, seamless experience."
During the past several years, regulatory and legislative changes, consumer
sentiment and technological advancements have driven the expansion of gaming
opportunities including Internet Gaming (iGaming), Fantasy Sports, Online
Lotteries, Advanced Deposit Wagering and Social Gaming. In 2012, total U.S.
domestic gaming revenue was estimated at more than $180 billion and is expected
to grow at strong double-digit rates annually over the next decade, driven by
these new engagement channels in addition to traditional casino gaming.*
"The gaming industry continues to move rapidly to capitalize on these new
opportunities," Pappano says. "But with this revolutionary change comes a level
of complexity never before experienced in gaming. The new payments landscape,
including innovative forms of alternative payments and other funding mechanisms,
has become increasingly difficult to navigate but remains critical to an
exceptional customer experience and success."
Vantiv Gaming Solutions has the capability and expertise to meet these
objectives and serve the entire spectrum of this market by utilizing its
scalable, integrated processing platform, key technology partnerships, industry
leading payments expertise, and its 40 years of innovation experience.
At G2E, Vantiv Gaming Solutions will showcase their full suite of payment
solutions (Booth 4024). Joe Pappano, a 20+ year veteran of payments processing
at Vantiv will outline how payments innovation is opening new opportunities for
the gaming industry during the Payment Processing: Letting the Lifeblood Flow
panel (Tuesday, Sep. 24, 2013 from 11:45 AM - 12:45 PM in Titian 2304).
For more information about Vantiv Gaming Solutions, please visit
vantiv.com/gaming or on Twitter, Facebook, LinkedIn, Google+ and YouTube.
*Sources include: PriceWaterhouseCoopers Global Gaming Forecast, AGA Survey of
Casino Entertainment, FSTA.org
Director of Public Relations
About Vantiv, Inc.
Vantiv, Inc. (NYSE: VNTV) is a leading, integrated payment processor
differentiated by a single, proprietary technology platform. Vantiv offers a
comprehensive suite of traditional and innovative payment processing and
technology solutions to merchants and financial institutions of all sizes in the
U.S., enabling them to address their payment processing needs through a single
provider. We build strong relationships with our customers, helping them become
more efficient, more secure and more successful. Vantiv is the third largest
merchant acquirer and the largest PIN debit acquirer based on number of
transactions in the U.S. The company's growth strategy includes expanding
further into high growth payment segments, such as ecommerce, payment
facilitation (PayFac(TM)), mobile, prepaid and information solutions, and
attractive industry verticals, such as petroleum, business-to-business,
government, healthcare, gaming and education. For more information, visit
© Copyright Vantiv, LLC. All rights reserved. Vantiv, the Vantiv logo, and all
other Vantiv product or service names and logos are registered trademarks or
trademarks of Vantiv, LLC in the USA and other countries. ® indicates USA
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Source: Vantiv, Inc. via Thomson Reuters ONE