Pavilion Payments on Friday acquired CasinoSoft, an anti-money laundering/Title 31 compliance software company.
“CasinoSoft is the industry standard for AML/Title 31 compliance, automated tax forms, jackpot processing, and associated reporting services,” Pavilion Payments President Diallo Gordon said in a statement. “With this acquisition, we plan to grow the broader Pavilion business with several new patents, innovative products, and transformative solutions that position us as the clear leader in fintech payments, cashless gaming, cage, and floor automation.”
The new offering combines Pavilion Payments’ player funding and payment ecosystem with CasinoSoft’s compliance and automation software to create a vertically integrated platform that streamlines floor, cage, and slot operations, making them faster, easier, and more secure for casinos, route gaming as well as igaming, and sportsbook operators.
“We have put 20 years of our heart and soul into building the CasinoSoft brand and are thrilled with the many ways this acquisition moves us to the next level,” CasinoSoft Principal and Owner Matt Montano said in a statement. “The success of our robust suite of AML/Title 31 and tax form products is evidenced by the longstanding partnerships we enjoy with our many satisfied customers throughout the industry.
According to a release, CasinoSoft said it has helped casinos streamline Title 31, AML, tax forms, and jackpot workflows for more than two decades, keeping operations audit-ready and freeing up staff to focus on the guest experience. By joining Pavilion Payments, CasinoSoft expands its ability to deliver end-to-end compliance and payment solutions within a single, connected system, reducing manual steps and increasing automation.
“At Pavilion Payments, we pride ourselves on offering our partners and customers a vibrant and diverse portfolio of products and services,” said Dan Connors Pavilion Payments CEO Dan Connors. “The addition of CasinoSoft’s products to our lineup furthers our delivery on that goal. We’re delighted to add CasinoSoft to our team and look forward to delighting our customers with them.”
