888Holdings has expanded its partnership with Nuvei to support continued growth in the US by integrating and leveraging the firm’s payment platform.
The LSE business seeks to maximise payments acceptance and optimise risk management via Nuvei’s technology, bank-to-bank payments and knowledge of regulated igaming markets.
Nuvei has a history of working with 888, with the company having backed the company’s European operations since 2017 and supporting its launch in Canada’s only regulated betting and gaming market, Ontario, in April 2022.
888 VP of US Marketing, Noam Klivitzky, said: “Enabling players to deposit and withdraw funds from their iGaming accounts seamlessly and securely is critical to the overall platform experience.
“At 888 we’re committed to offering the most comprehensive igaming experience in the market, so we’re excited to add Nuvei’s card acquiring capabilities alongside its Instant Bank Transfer solution. Nuvei has a rich heritage of enabling igaming operators to maximise their payments’ performance in regulated markets across the globe.”
To expand 888’s offering in the US, Nuvei will offer the company the ability to accept deposits, instant withdrawals of player funds onto customer bank cards or via the Nuvei Instant Bank transfer.
Headquartered in Gibraltar, 888’s core property in the US is the SI Sportsbook, a joint venture with sports media brand Sports Illustrated. As mentioned above, SI Sportsbook has collaborated with Nuvei on payments in the past, partnering with the TSX firm in 2021.
Nuvei Chair and CEO, Philip Fayer, added: “We’re thrilled to continue to grow our relationship with 888 and support its global expansion in the US and beyond. Instant, convenient, and secure deposits and payouts are critical to winning players in the rapidly expanding US igaming landscape.
“Optimising card payment acceptance is a key component of the cashier experience, and Nuvei has decades of experience supporting operators to maximise their revenue growth.”