Pavilion Payments Strengthens Position Through Acquisition of CasinoSoft

Pavilion Payments Expands Compliance and Payment Capabilities

Pavilion Payments has successfully acquired CasinoSoft, a company specializing in casino compliance software. This strategic acquisition is set to enhance Pavilion Payments’ ability to manage critical and complex gaming industry functions such as anti-money laundering compliance, jackpot processing, and tax reporting. The move is expected to help Pavilion Payments maintain its growth and attract more strategic partnerships in the future.

Addressing Industry Challenges with Advanced Solutions

The integration of CasinoSoft’s compliance technologies enriches Pavilion Payments’ expanding range of payment and funding services. Both companies are recognized in the industry for their dedication to simplifying operations for casinos and sportsbooks. CasinoSoft is well regarded for its automation systems related to Title 31 and tax forms, having cultivated strong relationships with operators over the past two decades to assist with regulatory compliance.

CasinoSoft’s solutions are widely used across the United States to handle jackpot documentation, monitor suspicious activities automatically, and ensure adherence to federal regulations. Founder Matt Montano highlighted the significance of the acquisition, expressing confidence that joining Pavilion Payments will elevate CasinoSoft’s service offerings and strengthen its market position.

We have dedicated 20 years to building CasinoSoft and are excited about how this acquisition propels us forward.

Matt Montano, Founder of CasinoSoft

By combining CasinoSoft’s capabilities with its current platform, Pavilion Payments plans to offer a seamlessly integrated system that connects player funding with compliance tasks in real-time. This partnership is expected to foster the development of groundbreaking new products and patents, reinforcing Pavilion Payments’ leadership in the market.

Mutual Strengths Fuel Future Growth

Diallo Gordon, President of Pavilion Payments, stated that the acquisition is pivotal for advancing the company’s mission. Improvements and integration of CasinoSoft’s software into Pavilion’s existing payment framework are expected to create more comprehensive and scalable solutions. This will make their offerings more appealing to operators who need audit-ready systems without compromising on customer service efficiency.

In the previous year, Pavilion Payments collaborated with BetParx to optimize payment processing across multiple gaming platforms. Bringing CasinoSoft on board is anticipated to facilitate further similar partnerships. Gordon is optimistic that the shared values and complementary expertise of the two companies will result in a diverse product portfolio that supports continuous growth.

We intend to expand Pavilion’s reach with innovative products, new patents, and transformative solutions that underscore our position as leaders in fintech payments, cashless gaming, and casino automation.

Diallo Gordon, President of Pavilion Payments

CEO Dan Connors of Pavilion Payments also welcomed the CasinoSoft team and affirmed their joint commitment to excellence. Industry observers will be watching closely as the combined company navigates the competitive landscape, aiming for sustained success in the evolving market.