Aristocrat signs third-party aggregator partnership agreement with CAMS for nLive virtual casino
12 June 2013
LAS VEGAS -- (PRESS RELEASE) -- Aristocrat Technologies, Inc. continues to build a solid base of partnerships for its award-winning nLive virtual casino solution, and now the company has signed an agreement with multi-tenant Software as a Service (SaaS) company CAMS - Central Account Management System.
With the agreement CAMS becomes one of Aristocrat’s solid stable of third-party suppliers. CAMS’s services will greatly simplify and provide significant savings to nLive virtual casino’s operations by aggregating multiple services including age verification, device identification, geo-location and online payments connectivity through one integration and contract.
“We have been moving forward very deliberately and aggressively to further bolster the nLive virtual casino product offering. This agreement with CAMS shows that we are very serious about preparing for legal play-for-money online gaming, and about offering the absolute highest levels of compliance and protection to our operator partners. We are excited about this agreement and the opportunities it affords nLive, Aristocrat and our operator partners,” said Daniel DeWaal, Vice President of Product Strategy Systems & Digital.
“The CAMS value proposition is simple – through a single agreement and single point of integration, we aggregate and provide critical services operators need to adhere to regulatory requirements and receive customer payments all while saving money and speeding up time-to-market,” said CAMS Chief Executive Officer Matthew Katz. “We are excited and honored at the opportunity to assist Aristocrat by providing them with global payments connectivity, know-your-customer (KYC), device ID, and geo-location services in order to mitigate risk and adhere to intensified compliance issues internationally.”
CAMS, in partnership with Aristocrat, offers operators the ability to select the services they require and, through a single relationship, can more efficiently and economically get to market with a complete service suite that complies with complex KYC requirements. They can also allow customers to fund an account with their method of choice including Visa, MasterCard, Amex, Discover, ACH, cash equivalents and a host of alternative funding methods.
The flexible platform has the ability to deploy multiple third parties at one time to improve customer approval and throughput while focusing on improving ROI and keeping service costs low. Together with Aristocrat, CAMS has integrated the leading vendors for age/ID, device ID and geo-location into the nLive platform, allowing merchants to quickly deploy or turn off the vendors of their choice.
CAMS was the first company in its class to be licensed by the Nevada Gaming Control Board and the only company processing live gaming transactions in the United States.