SBC News Voice of the Sports Betting Industry
Romanian bricks and mortar betting operator GSbet has partnered with OKTO to launch the payments provider’s mobile-first solution across its network.
OKTO has made its payments product available in 3,000 self-service betting terminals across 1,100 sales points, in a rollout of its cashless gaming solution in Romania.
“We are pleased with our partnership with GSbet, launching digital, secure payment experiences in an extremely significant and substantial market,” said Liviu Popovici, OKTO’s Country Representative.
“GSbet understood that digital payments, besides being a new payment alternative for consumers, are primed to springboard the retail companies to the next phase of growth and fast-forward in-store digital transformation.
“The quick and full roll-out of the solution shows how seamless is to onboard with OKTO in a compliant and smooth way whether that be for retail or online.”
Popovici added that the OKTO.WALLET solution aims to meet both consumer and regulatory requirements around safer gambling and ‘proper supervision of self-service facilities’.
OKTO’s partnership with Gsbet is the latest in a trilogy of retail betting and gaming deals signed this year, following similar arrangements with London’s Hippodrome Casino and the European Casino Association (ECA).
The latter agreement was of particular significance for strengthening the firm’s links with the betting and gaming industry, as the ECA represents 900 casinos across 28 European countries.
Gheorghe Sorin, GSBet’s Owner and CEO, said: “This partnership is a key milestone for GSbet, entering dynamically the retail digital space. Our mission is to offer our customers the best experiences and by partnering with OKTO, we further proceed in this direction.”
