Sightline Payments

Yesterday, Sightline Payments Head of Risk Management and Compliance, Christopher Guerra, spoke at the American Gaming Association's 10th Annual Anti-Money Laundering Summit. Christhopher was joined on the panel by Gregory Lisa at Hogan Lovells, David Iraola at Capital One, and Alma M. Angotti. ? As the leader at the intersection of fintech and gaming, Christopher shared some key learnings in how Sightline has adapted to face the modern fraud environment and evolving anti-money laundering space, including: ? -Data is king – it is how you operationalize any compliance team, it is how you build effective fraud tools, and it is how you understand the intersection of fraud and money laundering activity. -The tools a modern organization uses to fight fraud and money laundering are similar and communication between those two sides of an organization is paramount in having them work together to prevent against fraud and money laundering. -As noted in previous FinCEN enforcement efforts, casinos collect loads of data on their customers but rarely communicate those with their AML compliance team to track source of funds or other suspicious activities. -Data validation and model validation need to be incorporated into how you are going to ingest fraud tools and better track suspicious behavior.

Check out our Chief Legal Officer Jennifer Carleton in action at this week’s Seton Hall Gaming Law, Compliance and Integrity Bootcamp at Seton Hall University School of Law. Jennifer spoke on current state of play in tribal gaming, where she was joined by Devon Corneal, Joseph Webster, and Marie Jiacopello Jones.

NEW: Sightline Payments Celebrates 15 Years, Completes Management and Shareholder Led Recapitalization From Sightline CEO Omer Sattar: “As the gaming industry continues to change, we at Sightline want to focus on what we do best – payments innovation. This enables us to continue to deliver on our 15 year legacy, and I can’t wait to bring some of the innovations we see across the fintech marketplace to gaming. I want to thank all of our investors for their commitment to Sightline and our partners who have and continue to believe in us. The appointment of John Dominelli as Chair and Michael Dominelli to the Board of Directors signifies a pivotal step in strengthening the delivery of product at Sightline. As leaders at NRT Technology Corp., John and Michael bring a wealth of industry expertise and leadership that will drive innovation and growth. Their roles on the Board reinforce our commitment to collaborative success and reflects the confidence both companies and our shareholders have in this partnership.” Link to full release below:

Paysafe's latest "All the Ways Players Pay" survey reaffirms what we hear every day: payments matter. Patrons want speed, security, and choice when funding their gaming experience. ? Key findings include: - Fast payouts remain the top reason players choose a sportsbook - Alternative payment adoption continues to grow - Security is a non-negotiable expectation ? At Sightline Payments, we don’t just follow these trends—we shape them. From incredibly fast withdrawals with Play+ to seamless deposits via leading APMs like PayPal and enhanced security through FDIC insurance, we empower gaming operators to meet and exceed patron expectations. Innovation drives us. Security grounds us. And adaptability keeps us ahead. ? Explore the full report here: https://lnkd.in/evqv2p88

What’s the latest with cashless gaming in the US? Sightline Payments' Head of Product Mandi Hart talks with G3 Newswire about the evolution of cashless gaming and what is coming from a new product perspective. You can find the full article in this month’s G3 Newswire.

Join Sightline Payments Chief Legal Officer Jennifer Carleton next week in Barcelona at ICE as she speaks on two panels on Tuesday, January 21st: "Opportunities and Challenges in U.S. Sports Betting: Is There Still Room to Play?" taking place at the ICE Centre Stage at 14:20. Jennifer will be joined by Danielle Her Many Horses from the Indian Gaming Association, Derrick Watchman, MBA of the The National Center For American Indian Enterprise Development, and Kelli Weaver of KDW Consulting. “Payment Innovations in Open Banking: Opportunity or Risk for Safer Gambling?” which will take place at 15:45 in the Sustainable Gaming Zone (5P-10) alongside Kasra Ghaharian at UNLV International Gaming Institute, Charles Cohen at Department of Trust, Andrea McGeachin at Neosurf, and Max Collinge at Yaspa. #ResponsibleGaming #SustainableGaming #OpenBanking #TribalGaming #SportsBetting

Sightline Payments Co-Founder and CEO Omer Sattar is leading a discussion today at Goldman Sachs in New York on “Innovating Financial Solutions in Gaming.” As Sightline helped support digital payments in New Jersey since the launch of the online casino market in 2013 and today, supports more than 60 partners across 40+ states, Omer plans to share how the market has changed over the last 12 years and where it is likely to go in the future. Digital payments are the engine that powers the $20 billion online gaming industry in the United States. Innovations in the space will help reduce operator costs, deliver funds quicker to patrons, and provide enhanced security to prevent against fraud. #Leadership #Payments

Last month, the Nevada Gaming Commission approved new regulations enabling the use of wagering accounts at additional places across the state of Nevada. As Sightline Payments Chief Legal Officer Jennifer Carleton said at the NGC meeting, these changes will allow patrons to use their funds in real time versus having to move their money out of their wagering account to spend those funds. Thanks to Buck Wargo from CDC Gaming for this great write up on the hearing:

Statement from Sightline Payments CEO Omer Sattar on the approval of modifications regarding wagering accounts in Regulation 5.225 by the Nevada Gaming Control Board and Nevada Gaming Commission: “We applaud the Nevada Gaming Commission and the work of the Gaming Control Board and its Technology Division, especially Chief Jim Barbee, for the changes to Nevada Regulation 5.225, which will allow gaming operators and their payments partners like Sightline to launch products that enhance the casino customer experience.?We believe this is an important next step for gaming payments innovations, affirming Nevada’s status as an industry leader.”

Please join us in congratulating our latest Spotlight Award winners: Dustin Barrow, Riley Hammonds, and Heather Musante. ? These outstanding team members exemplify Sightline Payments' Core Values every day through their dedication, collaboration, and unwavering commitment to excellence. Whether it’s fostering inclusivity, communicating effectively, or working with urgency to get the job done, Heather, Riley, and Dustin set the bar high. ?? ? Thank you for inspiring us all to aim higher and work better as a team! Your contributions truly make Sightline exceptional. ? #TeamSpotlight