Optimal Payments, a leading global online payment provider and the parent company of Neteller, has extended its partnership with 888 Holdings Plc to provide payment processing services for the licensed U.S. online gaming market.
Under the agreement, Optimal Payments' services will be offered as a pre-integrated solution for the 888.com brand and all other licensed operators who use the 888 platform in the U.S. gaming market. Optimal Payments says its services include "payment, gateway and digital wallet services specifically designed to meet the stringent requirements of U.S. state gaming regulators."
Optimal Payments made its long-awaited return to the U.S this year after exiting the market in 2007. In addition to its existing deal with 888, the company has partnered with Caesars Interactive Entertainment, Inc. and Bally Technologies to provide payment solutions and related services in the States.
"888 are a long-time, strategic partner for Optimal Payments. We are very excited to extend our relationship with 888 as we deliver on our own strategy to provide a complete solution for the licensed U.S. online gaming market," said Joel Leonoff, President and CEO of Optimal Payments.
888 currently has agreements in place with operators in Nevada, New Jersey and Delaware, all of which launched a regulated, real-money iGaming market this year.
"We have worked in partnership with Optimal Payments for more than 12 years, delivering deep and robust joint solutions for our own brand and our platform operators around the world," said Itai Frieberger, Chief Operations Officer of 888. "We are very pleased to extend this partnership for the licensed U.S. online gaming market."