Passport Technology partners with Olympic Park Casino Estonia to provide first quasi-cash service in the Baltics

February 7, 2023 8:11 PM
Photo: Passport Technologies
  • CDC Gaming Reports
February 7, 2023 8:11 PM

Passport Technology Inc. announced Tuesday the launch of its CashValet cash access service at Olympic Entertainment Group’s flagship casino Olympic Park Casino in Tallinn, Estonia. This represents a significant advancement for the Baltic region, as Olympic Park Casino will now offer the first quasi-cash service of its kind.

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“We are always looking for new and innovative solutions to provide our Olympic Casino customers with the highest standard of service across all channels. With the ever-evolving landscape, there is a greater need to integrate online and land-based operations,” said Peeter Tamla, IT Director of Olympic Entertainment Group. “The quasi-cash solution is ideal for showing our expertise in this field, making our customers’ experience comfortable and convenient and their financial transactions secure, while adhering to the highest standards of security and compliance.”

Many companies offer various services in the payment-technology field. Passport is a provider for large businesses.

Passport’s CashValet offers casinos a comprehensive and efficient means of facilitating immediate transactions with maximum approval amounts for patrons and VIP guests. Its level of security, privacy, and regulatory compliance ensures that employees and patrons of Olympic Park Casino can experience the latest innovative technology.

“Passport Technology continues to set the standard for product innovation and market expansion,” said Helen Bowditch, Vice President of Business Development at Passport. “Our partnership with Olympic Entertainment Group introduces the Baltic region to the industry’s most advanced quasi-cash service for brick-and-mortar casinos.”

CashValet offers a range of features, such as real-time reporting, dynamic fee structures, free-play credits, responsible-gambling features, self-exclusion options, and enhanced privacy protocols. Passport’s CashValet is the only PCI-DSS Level 1, P2PE-certified, cloud-based solution available. It is also available in multiple form factors, including the new wireless device, enabling a wide range of use cases in accordance with jurisdiction and operator requirements.