Sightline Payments Thursday announced it has selected J.P. Morgan Payments as the primary merchant acquirer and payments processor for the Las Vegas-based digital payments provider’s Play+ ecosystem.
“We are thrilled to select J.P. Morgan Payments to help us enhance the regulated North American gaming industry’s payments experience,” said Sightline Co-CEO Omer Sattar in a statement. “We’re at a critical point in the gaming industry’s payments ecosystem. J.P. Morgan Payments will help us solve some of the biggest payments challenges our industry faces and provide real solutions to the millions of consumers who enjoy the modern, omnichannel gaming experience.”
The Play+ ecosystem allows customers to spend funds with more than 80 partners in 40 states across sports betting, lottery, racing, and online and brick-and-mortar casino markets. Routing Play+ transactions through J.P. Morgan Payments benefits merchants and Play+ accountholders, providing consumers with faster cashouts.
“At J.P. Morgan Payments, we’ve seen tremendous growth of digital payments in the gaming industry,” said J.P. Morgan Payments Managing Director and Senior Payments Executive Drew Soinski in a statement. “We’re excited that Sightline has selected our best-in-class products and services for Play+ payments processing,”
In 2021, Play+ launched cashless gaming offerings at casinos in Nevada, Indiana, Ohio, and Pennsylvania. Visitors to those casinos can use their Play+ accounts to fund their activities on and off the casino floor without using cash. Today, Play+ has more than 1.5 million accountholders nationally.
