JCM Global and Global Payments Gaming Solutions Tuesday announced a collaboration creating a cashless solution workable for all casinos regardless of their CMS provider.

Global Payments’ VIP Solutions cashless gaming solution will use JCM’s FUZION system and iVIZION bill validator to allow casino patrons to fund play by way of a mobile app. The integration will enable casinos to avoid costly CMS upgrades, complex system integrations, and IP patent pool fees required by all other cashless solutions.

Casino patrons will be able to use mobile phones to fund slot machines and table games and make purchases at restaurants and bars. The cashless experience will extend across casino properties, with no system integrations required at any touchpoints.

“JCM Global is a 67-year innovator in automated transaction technologies with installations of more than 700,000 bill validators nationwide,” said Global Payments Gaming Solutions President Chris Justice in a statement. “By integrating our cashless solution and database of more than 3 million players with JCM Global’s technology, it creates a truly powerful combination for casino operators. Together, we offer state-of-the-art, highly secure technology that has perfected the cashless experience for players and operators alike.”

Global Payments Gaming’s cashless solution offers players a seamless cashless gaming experience, from enrollment to funding to game play to cash-out, and is the only solution enabling both rated and unrated play. VIP Mobility also is the only cashless solution that doesn’t require the creation of a wagering account, easing regulatory review and mitigating Tribal compact changes.

JCM’s FUZION system and iVIZION bill validator help casino operators deter cheating, prevent acceptance of fraudulent bills, increase up-time on slot machines, and save labor during routine and emergency drops. FUZION simplifies cash management, optimizes printer and bill validator management, and has several interfaces that use unique data managed by JCM.

“We designed iVIZION, GEN5, and FUZION to empower creativity that would help shape the future of gaming,” said JCM SVP of Sales, Marketing & Operations Dave Kubajak in a statement. “Global Payments has continued to expand their cash access solutions to provide an excellent omni-channel experience with their high-quality products. Now, this partnership between JCM and Global Payments takes full advantage of that forward-thinking technology, making cashless payments a great option to our customers.”

The fully integrated cashless solution will be on display at the NIGA Tradeshow, April 21-22, in Anaheim, California.

~~~~~

This article was written by Rege Behe for CDC Gaming Reports

LAS VEGAS – March 22, 2022 – Today, Global Payments Gaming Solutions announced 888 Holdings PLC has selected Global Payments’ iGaming solutions to advance its payment offerings for SI Sportsbook.

Founded in 2021, SI Sportsbook leverages the world-class proprietary and scalable technology of 888 Holdings, one of the world’s leading online betting and gaming companies, with Sports Illustrated’s iconic brand to create a unique value proposition for sports fans. It has been purpose built for the US market with competitive odds and lines for all major sports, including football, basketball, baseball and hockey. Through the implementation of Global Payments’ iGaming Solutions, SI Sportsbook is positioned to deliver a frictionless funding experience directly to the sportsbook’s users via their smart devices.

Global Payments’ sports betting technology enables SI Sportsbook to tap a multi-channel approach, connecting online and brick-and-mortar gaming players. Global Payments’ VIP Preferred Online ACH system powers funding and withdrawals for online sports betting, while the VIP Preferred® ACH network enables users to quickly access funds from their on-file checking account.

“At Global Payments, our top priority is providing industry-leading solutions that our partners can leverage to create a safe and secure sports betting experience for patrons,” said Christopher Justice, president, Global Payments Gaming Solutions. “We are pleased to partner with SI Sportsbook to help them launch innovative online betting solutions for sport fans.”

“Delivering a first-class betting and gaming experience is what SI Sportsbook was created for, and a key part of this is offering players a diverse suite of payment options,” said John Atkinson, Director of Business Development at 888. “Partnering with Global Payments Gaming Solutions enables us to enhance the player experience and further the position of SI Sportsbook as a cutting-edge platform in the market.”

SI Sportsbook currently operates in Colorado with plans to launch in additional states soon, including Virginia.

About Global Payments Gaming Solutions
Global Payments Gaming Solutions, a division of Global Payments, enables the world’s gaming entertainment leaders to create amazing consumer experiences and maximize spend across all of their physical and digital properties. Our complete suite of payment solutions enables safe, secure and trusted cash access at the cage, on the casino floor, or online. Learn more at www.globalpaymentsgaming.com.

About SI Sportsbook
Sports Illustrated Sportsbook is a digital sportsbook offering a premium online sports betting experience. Founded in 2021, SI Sportsbook leverages the world-class proprietary and scalable technology of 888 Holdings, one of the world’s leading online betting and gaming companies, with Sports Illustrated’s iconic brand to create a unique value proposition for sports fans.

SI Sportsbook offers highly competitive odds and lines on all major sports, including NFL football, NBA basketball, MLB baseball, NHL hockey, and more. SI Sportsbook makes sportsbetting online accessible, fun and safe for everyone with thousands of live in-game and pre-game betting options at great odds.

For more information visit sisportsbook.com.

ATLANTA -- Global Payments Inc. (NYSE: GPN) today announced results for the fourth quarter and year ended December 31, 2021.

“We are pleased with the resilience that our businesses demonstrated during the fourth quarter of 2021 and for the full year,” said Jeff Sloan, Chief Executive Officer. “We are particularly proud of the sequential improvement in our Merchant Solutions business this quarter, despite the incremental impact of COVID-19 throughout the period. We reported the best results in our history in 2021, and we expect 2022 to exceed that performance as we continue to meaningfully advance our differentiated strategies for growth.

“We are thrilled to announce that Global Payments is the finalist company in Caixabank’s selection process for a technology partner for its card issuing businesses. During the coming weeks we expect to finalize contract negotiations. Upon implementation in conjunction with our recently announced partnership with Virgin Money, we believe that Global Payments will be among the leading debit technology providers across Europe.”

Sloan continued, “In addition to our selection by Caixa and the announcement of our collaboration with Virgin Money, we achieved many other significant accomplishments over the past twelve months despite a highly uncertain environment. This includes our partnership with Google to deliver innovative and seamless digital services to all manner of merchants worldwide; the expansion of our relationship with AWS for unique distribution and cutting-edge issuer technologies; our successful acquisitions of Zego and MineralTree to advance our software leadership position; and our partnership with Mercedes-Benz Stadium to enable its multi-channel commerce ecosystem and provide best-in-class experiences for fans.

“It has been an active period for capital management with more than $6 billion deployed since 2020 to expand our target addressable markets while concurrently returning capital to shareholders. Our free cash flow conversion and balance sheet provide us with ample firepower to continue to execute on our priorities.”

Sloan concluded, “At the same time, we seek to refine our portfolio mix by simplifying the composition of our businesses and maintaining a singular focus on our corporate customers. As part of that initiative, we have commenced a strategic review of the Netspend consumer business; we intend to retain its B2B assets as we further expand this new pillar of our strategy.”

Full Year 2021 Summary

• GAAP revenues were $8.52 billion, compared to $7.42 billion in 2020; diluted earnings per share were $3.29 compared to $1.95 in the prior year; and operating margin was 15.9% compared to 12.0% in the prior year.
• Adjusted net revenues increased 14.7% to $7.74 billion, compared to $6.75 billion in 2020.
• Adjusted earnings per share increased 27.5% to $8.16, compared to $6.40 in 2020.
• Adjusted operating margin of 41.8% expanded 210 basis points.

Fourth Quarter 2021 Summary
• GAAP revenues were $2.19 billion, compared to $1.93 billion in the fourth quarter of 2020; diluted earnings per share were $0.72 compared to $0.61 in the prior year; and operating margin was 14.6% compared to 13.1% in the prior year.
• Adjusted net revenues increased 13.3% to $1.98 billion, compared to $1.75 billion in the fourth quarter of 2020.
• Adjusted earnings per share increased 18.3% to $2.13, compared to $1.80 in the fourth quarter of 2020.
• Adjusted operating margin of 42.0% expanded 50.0 basis points.

2022 Outlook

“Our performance for the full year meaningfully exceeded our initial expectations despite the unexpected impact of COVID-19 variants, highlighting outstanding execution and the durability of our business model," said Paul Todd, Senior Executive Vice President and Chief Financial Officer. “We are pleased with how our business is positioned as we enter 2022 and the resulting financial outlook for the year.

“The company expects adjusted net revenue to be in a range of $8.42 billion to $8.50 billion, reflecting growth of 9% to 10% (10% to 11% on a constant currency basis) over 2021, and adjusted earnings per share to be in a range of $9.45 to $9.67, reflecting growth of 16% to 19% (17% to 20% on a constant currency basis) over 2021. Annual adjusted operating margin for 2022 is expected to expand by up to 100 basis points (up to 150 basis points excluding acquisitions).”

Todd concluded, “This outlook presumes continued recovery from the pandemic worldwide throughout 2022.”

Capital Allocation

Global Payments’ Board of Directors approved a dividend of $0.25 per share payable March 25, 2022 to shareholders of record as of March 11, 2022. The Board also approved an increase to the existing authorization for the company's share repurchase program, raising the total available authorization to $2.0 billion.

Full report: https://s21.q4cdn.com/254933054/files/doc_financials/2021/q4/Q4-2021-Press-Release_Final.pdf

Global Payments Gaming Solutions Tuesday announced the launch of VIP Mobility at the Downstream Casino Resort in Quapaw, Oklahoma. VIP Mobility is billed as the gaming industry’s first mobile solution enabling true cashless gaming.

“Downstream strives to be ahead of the curve in regards to technology and to reach new heights of convenience for our patrons,” said Downstream Casino Resort Director of Marketing Christian McDaniel in a statement. “VIP Mobility allows our patrons to not worry about leaving their seat, wait in line for cash, or wonder about their check cashing limit. VIP Mobility has been well received by the patrons. Downstream is looking forward to the future with VIP Mobility and the impacts that it will have on the operation.”

Unlike traditional forms of Ticket In-Ticket Out (TITO), VIP Mobility creates a seamless cashless gaming experience from funding through cash-out. By harnessing Global Payments’ VIP Preferred plus functions like eCheck and Choice 4 deferred settlement, patrons can transfer funds from VIP Preferred balances to games with the touch of a screen.

Patrons also can use the same account throughout the resort property, including for hotel and restaurant transactions.

“The ability of technology to provide services in a digital and intuitive environment has transformed the way all industries view the customer experience, including the gaming sector,” said Global Payments Gaming Solutions President Christopher Justice in a statement. “Through the implementation of VIP Mobility, Downstream Casino Resort can establish a true customer-centric approach to gaming and provide patrons with an enhanced experience throughout the entire property.”
~~~~

Article written by Rege Behe; contributed to CDC Gaming Reports

LAS VEGAS – June 8, 2021 – Today, Global Payments Gaming Solutions announced that Viejas Casino & Resort has successfully launched the patented-VIP Mobility®, the industry’s first mobile solution enabling true cashless casino gaming.

Consumers are increasingly choosing to go cashless in their daily lives, from the coffee shop to the gas pump to the grocery store, and they want that same level of convenience to extend to their gaming experiences as well. Casino operators, in turn, stand to benefit from the adoption of cashless gaming as it provides a more cost-effective, secure payment method within their gaming floors.

“Our adoption of VIP Mobility® will provide additional convenience and increased transaction security for our guests,” said Erich Hans, Director of Treasury / CFO, Viejas Casino & Resort. “By allowing our players to bypass traditional funding sources, such as ATMs and/or the Cage, we have significantly improved optionality and expediency. We are excited to be the first Casino in Southern California to offer this new benefit to our guests, and we are confident that it will provide a material enhancement to their overall gaming experience here at Viejas.”

Global Payments Gaming Solutions’ VIP Mobility® is unique within the industry in that it is seamless from funding through cash-out. Casino guests create digital TITO tickets on their mobile devices by scanning an existing voucher or via their VIP Preferred® e-check accounts. They are then able to easily pair their mobile device to any slot or table game by simply scanning a QR code and can easily reload from their phone and retrieve their funds once playing is complete. Play is never interrupted to get cash.

“As adoption of cashless payment alternatives continues to grow within the U.S. gaming industry, we are proud to offer our partners with solutions that meet the evolving needs of their customers,” said Christopher Justice, president of Global Payments Gaming Solutions. “We look forward to helping Viejas Casino & Resort provide their patrons with an innovative gaming experience.”

VIP Mobility® is live today and the application is available for Android and iOS devices.

Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, announced today that Cameron Bready, President and Chief Operating Officer, will present virtually at Citi’s 2020 Financial Technology Conference at 8:15 a.m. ET on Monday, November 16, 2020.

Interested parties can listen to a live audio webcast of the presentation from the investor relations section of the company’s website at www.globalpaymentsinc.com. A replay of the webcast will also be available after the event.

LAS VEGAS – Sept. 16, 2020 – Global Payments Gaming Solutions has been named one of the
Founding Members of the University of Nevada Las Vegas (UNLV) International Gaming Institute’s
research collaborative on cashless and beyond. The research collaborative, to be housed at the UNLV
International Gaming Institute, will leverage its founding members’, like Global Payments Gaming
Solutions, existing technological, operational, and marketplace strengths to create a leadership position
on responsible gaming, which will be a crucial consideration in any forthcoming cashless wagering
conversations.

Taking its inspiration from the National Center for Responsible Gaming, the Collaborative’s objective is to
provide a neutral, scientific, data-driven foundation for policymakers and regulators to make sound
decisions in the future.

To date, responsible gaming (RG) policy on cashless wagering has been driven more by perception
rather than data. Very little scientific research exists on actual customer behavior when cashless systems
are deployed,” said Alan Feldman, Feldman, Distinguished Fellow, Responsible Gaming, IGI, Project
Director. “As a result, policies can be based on worries or beliefs rather than facts and scientific
methodologies. It is thus important to evaluate and study the potential unintended consequences of these
current policies in order to inform future RG policy. We are appreciative to have industry partners like,
Global Payments, that place as much importance on responsible gaming as we do.”

As a founding member, Global Payments Gaming Solutions will play an active role within the
Collaborative to support the group’s goal of identifying and addressing the most prominent concerns and
questions regarding cashless wagering. The Collaborative will also provide a thorough and objective
evaluation of the accumulated evidence and data on each of the researched topics.

“The rise of cashless gaming and wagering has led to conversations around the safety and security of the
practice, especially as the need for cashless gaming solutions has grown during the COVID-19
pandemic,” said Christopher Justice, president, Global Payments Gaming Solutions and participating
member of the Collaborative. “Global Payments Gaming Solutions is uniquely positioned to provide
industry leadership and expertise to support the Collaborative’s research efforts. Additionally, we recently
launched VIP Mobility, the industry’s first mobile solution enabling true cashless casino gaming, to
provide a more secure, more enjoyable gaming experience in a cashless manner, while also delivering
greater, and more effective, consumer protection for responsible gaming.”

Global Payments Gaming Solutions will be joined by Sightline, Everi, Worldpay and Freedom Pay as
additional founding members of the Collaborative.

About Global Payments Gaming Solutions? 
Global Payments Gaming Solutions, a division of Global Payments, enables the world’s gaming
entertainment leaders to create amazing consumer experiences and maximize spend across all of their
physical and digital properties. Our complete suite of payment solutions enables safe, secure and trusted
cash access at the cage, on the casino floor, or online. Learn more at Global Payments Gaming.

According to the American Gaming Association (AGA), 77% of casual casino visitors (gambled less than 9 times in the last year) and 88% of avid casino visitors (gambled 10+ times in the last year) reported an awareness of available responsible gaming resources. Global Payments’ solutions including VIP Financial Center and VIP Mobility can equip patrons with the proper technology to encourage responsible gaming habits.

I'm proud to share with you the success of the cashless player experience as the driver for more responsible gaming on the casino floor.

Solutions including configurable spending limits, preset “cooling off” periods, and self-exclusion allow patrons to have a safe and responsible gaming experience while still giving patrons the enjoyment and thrill of being on the casino floor.

At Global Payments Gaming Solutions, we are proud to be participate in Responsible Gaming Week as we continue to drive innovation in solutions like the VIP Financial Center and VIP Mobility that encourage responsible gaming habits.

For more information on how switching to cashless and mobile gaming options can enhance the patron’s experience and promote responsible gaming, click here.

Best,

Justin Sprague 
Vice President of Marketing, Global Payments

Follow us on LinkedIn

According to the American Gaming Association (AGA), 77% of casual casino visitors (gambled less than 9 times in the last year) and 88% of avid casino visitors (gambled 10+ times in the last year) reported an awareness of available responsible gaming resources. 

While most guests practice responsible gaming habits, it is also the duty of the casino to equip patrons with resources that help minimize potentially harmful or excessive gambling activity. These resources can include, but are not limited to, enforcing the casino industry code of conduct, options for players to set time or money limits on machines, voluntary exclusion, brochures that provide the odds for casino games and a toll-free help line.

With Global Payments Gaming Solutions’ VIP Financial Center, casinos can ensure a safer, more secure and responsible gaming experience for patrons. The high-performance solution leverages the latest technology to provide enhanced responsible gaming measures, including configurable spending limits, preset “cooling off” periods, self-exclusion and more. These benefits can extend to the player’s mobile device through VIP Mobility, the industry’s first mobile solution enabling true cashless casino gaming from funding through cash-out. Patrons can responsibly enjoy the freedom of digital ticketing, easily pair mobile devices to any slot or table game, reload funds from their phone, and retrieve winnings once playing is complete.

The suite of full-service solutions offers additional layers of consumer protection while fitting within existing gaming regulations and operating under the casino’s existing technology infrastructure. Delivering a single source for self-service ticket redemption, cash access and cashless gaming capabilities, Global Payments Gaming Solutions’ VIP Financial Center and VIP Mobility are designed to successfully enhance the player experience and encourage responsible gaming.

To learn more, visit our Resource Center.

As mentioned in our previous blog, the American Gaming Association shared its new principles outlining the modernization of payments on the casino floor to provide structure around the industry’s regulations of digital payments. According to the AGA, these principles have “come at a time when the majority (57%) of past-year casino visitors report the option for digital or contactless payments on the casino floor is important to them” due to COVID-19.

In light of the pandemic, consumers may be hesitant to use traditional forms of wagering, like cash. To make patrons feel more comfortable, resorts and casinos should take proactive measures to offer safer payment options on the floor. While cashless gaming not only provides convenience and flexibility, it also promotes a safer gaming environment during a period of social distancing.

As a trusted provider leading the modernization of cashless gaming environments, Global Payments Gaming Solutions’ VIP Mobility is the industry’s first mobile solution that enables true cashless casino gaming. Already being used successfully on the casino floor, VIP Mobility allows patrons to enjoy a seamless player experience from funding through cash-out.

Unlike traditional forms of wagering and betting, VIP Mobility enables guest to create digital TITO tickets on their mobile device by scanning an existing voucher or using their VIP preferred e-check account. The guest can pair their mobile device to any slot or table game by scanning a QR code. They can reload from their phone and retrieve funds once they are finished playing providing a seamless from funding through cash-out.

Click here to learn more about our Cashless Gaming solutions or visit our Resource Center.

Fantini Research’s latest special report Contactless Gaming: Mobilizing the Money offers insights on the status of contactless gaming in the industry.

The expansion of cashless gaming regulations in Nevada could pave the way for the industry’s latest revolution.

Global Payments was one of the companies that shared products and insights with Fantini.

The company shared details on app VIP Mobility:

Consumers are increasingly opting for contactless environments and choosing not to keep physical money on hand. To cater to this demand, the gaming industry is shifting to deliver an alternative, cashless experience that many guests now prefer. Cashless gaming has the power to give patrons the freedom of digital ticketing and uninterrupted play while allowing casino operations to tap a more cost-effective, secure payment method on the floor.

With the help of Global Payments Gaming Solutions, Downstream Casino Resort (Quapaw, Okla.) has successfully enabled the use of VIP Mobility, the industry’s first mobile solution enabling true cashless casino gaming, on its casino floor.

Traditional forms of wagering and betting leave casino operators and their patrons with an inconvenient, expensive and insecure experience. However, VIP Mobility transforms casino gaming to provide a seamless and secure player experience from funding through cash-out. Patrons can quickly create digital TITO tickets on their mobile devices, easily pair their device to any slot or table game by scanning a QR code and reload funds right from their phone. Once playing is complete, guests can immediately retrieve funds, ensuring play is never interrupted to get cash.

“Consumers are choosing to go cashless in virtually every aspect of their daily lives, so funding play on the casino floor should not be any different,” said Christopher Justice, president of Global Payments Gaming Solutions. “With VIP Mobility, Downstream Casino Resort is equipped with the tools needed to cater to consumer demand while ensuring patrons enjoy convenient and flexible gaming options to boost their experience.”

Check out our Cashless Gaming solutions or visit our Resource Center to learn more.