LOS ANGELES, April 28, 2015 /PRNewswire/ -- Gamblit Gaming, leading technology provider for real-money gaming in mobile games and Sightline Interactive, a wholly-owned subsidiary of Sightline Payments® (Sightline), a market leading payments solution for the gaming industry, today announced an agreement that allows for integration of Sightline's Play+ payment solution into the Gamblit Gaming platform.
"We're thrilled to be working with Sightline Interactive," said Eric Meyerhofer, CEO, Gamblit Gaming. "I believe that digital payments will be an important part of driving floor liquidity in the future in addition to the current methods of cash and tickets."
With Play+, users can instantly move money in and cash out through your secure gaming operator branded Play+ account on your favorite Gamblit mobile and casino games. Play+ patrons can easily add money into their account online or via mobile devices with their credit, debit card and/or checking account. As it's a prepaid account, they can stay in control and only spend the money they load-in. Gamblit gamers will also receive a personalized Play+ prepaid card that can be used for purchases at authorized casinos, millions of merchants and ATMs worldwide. Additionally, for every dollar spent, they can earn cashback and other exciting rewards.
"Gamblit Gaming is blazing a trail for the next generation of gamers," said Kirk Sanford, CEO, Sightline. "They are working hard to bring an entertaining real-money gaming experience to the Millennials, a critical part of the future of the industry, and we are excited to be a part of this future through this deal."
Gamblit Gaming's platform gives game developers access to real-money gaming capabilities to enhance mobile games, tap into the lucrative online gaming and land-based casino markets and attract the high income consumer. Developers can integrate a single SDK into their existing mobile games or design new, original real money games with Gamblit Gaming's development kit. Gamblit Gaming provides all of the technology, operations, account management, security, gambling licenses, regulations and compliance elements needed. The company also helps casino operators deliver a new entertainment experience to not only attract new players, but retain existing players. Through Gamblit Gaming, casino operators can compete on innovation while driving growth and revenue.
For more information on Gamblit Gaming and their partners, please visit: www.gamblitgaming.com.
About Gamblit Gaming:
Gamblit Gaming is a leading technology provider of real money gaming in video games, enabling a wide range of game genres to accommodate gambling experiences in online and on-site deployments worldwide. Gamblit's platform provides all essential regulated technology, customer operations, and licenses; freeing up game developers, publishers, and casino operators to focus on making the best possible game experience for their players. Founded with the goal of bridging the gap between games and gaming, Gamblit's executive team has deep roots in both industries. Gamblit Gaming is a portfolio company of American Capital, Ltd. (Nasdaq: ACAS) and is headquartered in Glendale, California.
About American Capital:
American Capital, Ltd. (Nasdaq: ACAS) is a publicly traded private equity firm and global asset manager. American Capital, both directly and through its asset management business, originates, underwrites and manages investments in middle market private equity, leveraged finance, real estate, energy & infrastructure and structured products. American Capital manages $19 billion of assets, including assets on its balance sheet and fee earning assets under management by affiliated managers, with $83 billion of total assets under management (including levered assets). For further information, please refer to www.AmericanCapital.com.
About Sightline Interactive:
A wholly-owned subsidiary of Sightline Payments, provides the award-winning Play+ prepaid card program, a revolutionary cashless payments platform that offers a single, integrated solution for brick and mortar casinos, race & sports books, for money online wagering, social gaming, ADW's, and state lotteries. For more information, please visit www.sightlinepayments.com.
SOURCE Gamblit Gaming