Skip to main content

Global Fintech Provider Nuvei Joins the American Gaming Association

Written by Customer Service on . Posted in Public Companies.

WASHINGTON and MONTREAL, March 16, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, announces it has joined the American Gaming Association (AGA). The AGA is the premier national trade group representing the U.S. casino industry.
Nuvei’s Chief Corporate Development Officer, Neil Erlick, will serve on the AGA board of directors, offering unique insights to the industry’s work on advancing payment modernization opportunities in gaming. In addition to serving as a board member, Nuvei will also be actively involved in AGA task forces, most significantly the Payments Modernization working group.“We are excited to collaborate with the AGA and are confident that our participation will further expand our growth in the U.S. iGaming market. Playing an active role in ensuring that industry collaborators are up to speed with technological advances is very important to us,” said Philip Fayer, Nuvei’s chairman and CEO. “As innovative leaders committed to the success of online gaming operators, we find it our responsibility to ensure regulatory bodies are fully aware of what payment tech is capable of in encouraging responsible wagers, fighting fraud, and equipping merchants and players alike with the necessary tools to ensure fast and secure transactions.”  Recently announcing its ongoing growth in the U.S. iGaming industry, Nuvei has onboarded operators from all online gaming sectors. With the market growing exponentially, Nuvei was swift to obtain licensing in multiple states with many more on the way. This ensures U.S. iGaming operators experience the same innovation and seamless payments that their European counterparts have enjoyed for nearly two decades. The next natural step was to further participate in relevant discussions with advocates such as the AGA, who are equally committed to the business success, legislative, and regulatory issues of those that drive the iGaming industry.“We are excited to welcome Nuvei and their industry expertise to the AGA family,” said Bill Miller, president and CEO at AGA. “The AGA is focused on helping the industry recover from the devastating impacts of COVID-19 on gaming. As an industry and an association, we are stronger when we’re working together. With the help of members like Nuvei, we can accelerate our recovery.”About NuveiWe are Nuvei (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands. We provide the intelligence and technology businesses need to succeed locally and globally, through one integration – propelling them further, faster. Uniting payment technology and consulting, we help businesses remove payment barriers, optimize operating costs and increase acceptance rates. Our proprietary platform offers direct connections to all major payment card schemes in over 200 markets worldwide, supports 455 local and alternative payment methods and nearly 150 currencies. Our purpose is to make our world a local marketplace.For more information, visit www.nuvei.com.Forward-Looking InformationThis press release contains “forward-looking information” within the meaning of applicable securities laws, including statements with regards to the potential opportunities arising from Nuvei’s association and participation with the AGA. Forward-looking information involves known and unknown risks and uncertainties, many of which are beyond the Company’s control, that could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to those described under “Risk Factors” in the Management’s Discussion and Analysis of financial condition and results of operations dated March 10, 2021. Forward-looking information is based on management’s beliefs and assumptions and on information currently available to management. Although the forward-looking information contained in this press release is based upon what management believes are reasonable assumptions, you are cautioned against placing undue reliance on this information since actual results may vary from the forward-looking information. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained in this press release is provided as of the date of this press release, and the Company does not undertake to update or amend such forward-looking information whether as a result of new information, future events or otherwise, except as may be required by applicable law.Contact:Investor Relations
IR@nuvei.comPublic Relations
PR@nuvei.com 

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.