Latest News
Sightline Payments Announces $1 Billion+ Valuation
Sightline Payments announced the completion of a $244 million round valuing the company at over $1 billion. With this capital raise, Sightline becomes Nevada’s first fintech unicorn—one of roughly 700 startups worldwide to ever earn a $1 billion+ valuation as a private company.
In addition to Cannae Holdings, this funding round included existing investors Genting Group, Point Break Capital Management, and founding investor Walter Kortschak.
Gaming is one of America’s last cash-centric businesses, with hundreds of billions of dollars running through casinos annually. Sightline Payments was founded over a decade ago by Omer Sattar, Tom Sears, and Kirk Sanford to give consumers a way to safely and securely fund their online gaming experience, starting with New Jersey’s launch of online gaming in 2013. Sightline has helped power the exponential growth of sports betting after the Supreme Court overturned the Federal ban in 2018 and continues to lead the industry in innovation by launching cashless gaming in brick-and-mortar casinos.
“Sightline has continuously risen to meet the changing needs of the casino gaming industry. As we strive to help lead the digital transformation of the patron experience in our vertical, we are humbled to become Nevada’s first FinTech unicorn,” said Sightline Co-founder Omer Sattar. “Financial Services has historically not embraced the legal, regulated gaming industry, but thanks to the innovations Sightline has fostered in the market, gaming is clearly poised for an omni-channel cashless revolution.”
“After seeing Sightline’s groundbreaking technology firsthand at the recent launch of Resorts World Las Vegas, I am more bullish than ever about Sightline’s ability to be at the forefront of the digital transformation afoot in the North American gaming, sports, and entertainment ecosystem,” said Cannae Holdings Chairman William P. Foley II. “I look forward to helping Sightline continue their tremendous growth.”
“The Sightline team has reached new heights to provide innovative solutions to drive our industry forward,” said Sightline CEO Joe Pappano. “Our investors’ continued faith in our business will enable us to execute our vision of transforming payments in the casino gaming and hospitality industry.”
This $244 million round is Sightline’s second round in 2021. Sightline closed an earlier $100 million funding round in April, which also included an investment by Searchlight Capital Partners. Building upon Sightline’s growth in the gaming and hospitality sectors, Sightline recently acquired JOINGO, the casino gaming industry’s top mobile engagement and loyalty platform.
Latham & Watkins LLP served as legal counsel to Sightline in connection with the round, with a team led by M&A partner David Beller.
Conferences
Yes, Chef! AGS is Cookin’ Up A Feast of Epic Proportions at G2E 2024
Global gaming supplier AGS (NYSE: AGS or “the Company”) will serve a full-course menu of delectable gaming experiences, including high-performing slot and iGaming content, cutting-edge cabinets, and revolutionary table game innovations at the 2024 Global Gaming Expo (“G2E”) in Las Vegas on October 8 to 10.
Products for Every Space, Games for Every Palate
As AGS continues to evolve and secure its place among the top four slot suppliers in North America, its G2E showcase will highlight its ability to outfit nearly every corner of the casino floor and satisfy every player’s appetite. AGS will debut not one, not two, butthree form factors from its new Spectra Plus cabinet line: Spectra SL49+™, Spectra SL49+™ Premium, and Spectra SL75+™. The cabinets will be accompanied by AGS’ most extensive library of sizzlin’ slot content, featuring innovative extensions from its renowned franchise, Rakin’ Bacon®:Rakin’ Bacon Link™, Rakin’ Bacon Cash Combo™, Rakin’ Bacon Triple Oink™, andRakin’ Bacon Jackpots™.
Additionally, AGS will showcase its latest games on its new three-reel stepper cabinet, Revel™, and high-performing content for the recently released Spectra UR43™, Spectra UR43™ Premium, and Spectra UR49C™ cabinets.
Serving Up the Best in Table Progressives and Shufflers
G2E 2024 is a landmark year for AGS’ Table division as it becomes a full-service progressive and shuffler supplier. AGS will unveil enhancements to its award-winning progressive platforms, including a new sign package for STAX™ and an innovative addition to its industry-leading Bonus Spin™ Xtreme platform, Bonus Spin™ Xtreme for Poker Rooms. The new addition, which was recently awarded a ‘2025 Best Table Product or Innovation’ in Global Gaming Magazine’s Gaming & Technology Awards, offers flexible progressive configurations to operators and adds the potential for players to win life-changing jackpots in live poker rooms.
Building on the success of the DEX S® single-deck poker shuffler and the Pax S® specialty single-deck shuffler, AGS will preview its latest innovation, the MAX 8™ multi-deck shuffler. MAX 8 can shuffle up to eight decks of cards for shoe games, including baccarat and blackjack, and is designed to fit both sit-down and regular height table games.
AGSi: Bringing the Secret Sauce to Interactive
With a steady stream of chart-toppers and high-indexing content, AGSi has skyrocketed to the top of the interactive supplier charts in North America. AGSi continues to solidify its leading position in the interactive space by consistently releasing high-performing slot games in new categories, including the launch of bespoke content, as well as its first table game, and nearly doubling its content output compared to last year.
AGSi stays ahead of the competition by offering innovative solutions to help its partners generate revenue. This includes successfully executing a year-long, highly publicized campaign to lead the industry in cross-channel game launches, featuring both land-based and online titles such as Rakin’ Bacon Odyssey™, Rakin’ Bacon Sahara™, and three-reel classic slots, Gold Inferno®. AGSi’s commitment to data-driven results, coupled with the team’s unmatched flexibility and nimbleness, ensures it remains a dominant force in the interactive space.
Latest News
Fanatics Casino Expands Gaming Portfolio with White Hat Studios’ Award-winning Titles
Fanatics Betting and Gaming has integrated a range of White Hat Studios’ award-winning games into the new online Fanatics Casino for customers in Michigan and Pennsylvania.
Known for bringing branded entertainment to life, White Hat Studios will offer Fanatics Casino players access to popular slots, including the hit titles Goonies Hey You Guys and Ted Cashlock. Each title offers engaging gameplay and immersive visuals that connect players with their favorite brands.
“White Hat Studios’ diverse content portfolio brings a compelling mix of branded and original content that will resonate well with our players. The addition of these titles strengthens our casino offering, and we’re excited to introduce them to our growing community of players,” said Conor Grant, Vice President of Gaming at Fanatics Betting and Gaming.
Fanatics Casino will also house a curated selection of White Hat Studios’ dedicated table games and popular slots including Almighty Buffalo Megaways.
“We’re thrilled to integrate our diverse range of branded titles into Fanatics Casino, marking a fantastic opportunity for players in key states to experience the quality and entertainment value that White Hat Studios’ games are known for. We’re confident that players will love the fresh content and engaging gameplay we will add to the platform,” said Daniel Lechner, SVP Sales and Marketing at White Hat Studios.
Latest News
Amusnet Sets the Stage for Global Gaming Excellence at G2E Las Vegas
Amusnet has announced its participation in the 23rd edition of G2E Las Vegas (Global Gaming Expo) at The Venetian Expo from October 7-10. As one of the largest expos globally, G2E provides a platform for the company to showcase products across its Online Casino, Live Casino, and Land-based verticals, positioning Amusnet as a prominent all-casino provider in the competitive iGaming industry.
“We are excited to attend G2E Las Vegas 2024 to present our latest online casino portfolio and Type S slot cabinets: our first-ever product series for Land-based casinos, designed to offer a competitive edge by combining Amusnet’s top-notch game portfolio with an immersive player experience. Our focus is on delivering solutions that maximize performance and cater to the evolving needs for both online and land-based casinos,” said Borislav Marinov, Head of Business Development, Land-based, at Amusnet.
Alongside its technical excellence, the premium Type S series showcases the company’s award-winning titles, including 20 Golden Coins, Extra Crown, Fruits & Gold, and Cocktail Rush. It also features Amusnet’s popular four-level bonus game, Jackpot Cards, along with other exciting features like Free Spins, Buy Bonus, Pick Me Bonus, and Symbol Upgrade.
Amusnet will host an activation featuring its premium slot cabinets at the upcoming expo, offering attendees the opportunity to experience the thrill of Type S in real time and win exciting gifts.
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