new-jersey-online-poker-logoKatz touches upon the pros and cons of implementing a “real-time” player verification solution, as well as the importance of balancing the perceived intrusiveness of KYC against preventing players from defrauding sites, and also the potential excessive fraud safeguards that can turn away legitimate players.

Read the full article here.

Highest Level of Licensure will Enable CAMS to Provide Highest Level of Service to Internet Gaming Industry

Los Angeles, November 26, 2013CAMS, LLC, the leader in providing online operators with payment connectivity, Know Your Customer (KYC) verification, and geo-location services proudly announces that they have been granted a Transactional Waiver to provide services in New Jersey. The Transactional Waiver was granted pending the review and approval of a CSIE 92(a)–level gambling license from the New Jersey Division of Gaming Enforcement (DGE).

The CSIE 92(a) is the highest level of licensure attainable. Each qualifying company must undergo considerable scrutiny and prove that their key personnel demonstrate good character, honesty and integrity. Furthermore, the qualifying company must demonstrate financial stability, corporate integrity and responsibility. In addition, all qualifying companies must not have engaged in any conduct that is prohibited by New Jersey’s Casino Control Act.

“CAMS entered the New Jersey market with the intention to lead,” said Matthew Katz, CEO of CAMS. “By attaining a CSIE 92(a) license, which is the gold standard in New Jersey’s licensing spectrum, we will confirm to our clients that CAMS is willing to undergo the highest scrutiny in order to earn their business.”

Using proprietary and industry-leading applications, CAMS provides merchants in the gaming industry with the tools they need to reduce risk, comply with regulation and increase profitability. Merchants leverage CAMS’ expertise in payment connections, Know Your Customer services, geo-location and fraud management – all through a single integration, thereby saving time, money and valuable resources.

Licensure is considered the keystone of the industry’s regulatory system. Each casino operator, owner and service provider, along with their employees are required to meet the statutory requirements of good character, honesty, integrity and financial stability.

CAMS is currently poised to provide service to 4 operators within the New Jersey market. Additional partnerships are forthcoming.

The CSIE 92(a) chapter of New Jersey’s Casino Control Act concerns Casino Service Industry Enterprises (CSIE). Section 92(a) further specifies that those entities which supply services directly related to the operation of the CSIE must undergo rigorous scrutiny prior to being licensed by the DGE.

 

###

 

About CAMS, LLC
CAMS is a multi-tenant Software as a Service (SaaS) solution powered by Verifi, Inc. offering gambling operators the ability to collect and manage player information, comply with regulatory policies, manage player account limits, allow players to self-exclude, as well as manage payouts and taxation all within a white label solution customizable for each site.  CAMS, LLC, is headquartered in Los Angeles, California.

 

For more information on CAMS, please call 1.323.655.5789 or visit www.CentralAMS.com.

 

For questions related to news and announcements please contact:

Kevin Mercuri, Propheta Communications

Email: kevin@propheta.com Phone: +1-212-901-6914

CAMS to Focus on Client Security and Assist With Regulatory Compliance

LOS ANGELES, CA–(Marketwired – Sep 4, 2013) – CAMS, LLC, the leader in providing online operators with payments connectivity and Know Your Customer (KYC) verification services, is excited to announce it is has been selected by bwin.party digital entertainment plc, the global online gaming company, to provide player age verification and identification services in the United States. This partnership unites Europe’s leading provider of online gaming with America’s preeminent Software-as-a-Service provider for the online gambling industry.

bwin.party has millions of registered customers globally and offers sports betting, poker, casino games, soft and skill games, as well as audio and video streams of top sporting events. bwin.party, as both a responsible and regulated entity, relies on verifying player identity for its day-to-day operation and has thereby chosen the emerging industry leader, CAMS who brings their extensive expertise to help aggregate this complex function. The additional tools provided by CAMS to bwin.party will enhance bwin.party’s already high KYC capabilities.

“Working with CAMS enables bwin.party to realize a significant reduction in player verification costs,” said Guy Duncan, Group Director of Product and Technology for bwin.party. “This level of efficiency and innovation is fast becoming the industry standard. We look forward to developing a long-term relationship with CAMS.”

Using proprietary and industry-leading applications, CAMS provides merchants in the gaming industry with the tools they need to reduce risk, comply with regulation and increase profitability. Merchants leverage CAMS’ expertise in payments connections, Know Your Customer services, geo-location, and fraud management — all through a single integration, thereby saving time, money, and valuable resources.

“This partnership is another significant step in the global advancement of Internet Gambling. CAMS supports the creation of a safe and secure payment environment for casinos, lotteries, regulators, and players and helps meet or exceed regulatory and compliance requirements,” said CAMS Chief Executive Officer, Matthew Katz. “We are excited and honored at the opportunity to assist one of the world’s largest online gaming companies, bwin.party, to help streamline their highly regulated and complex operation with customer age and identification services.”

About CAMS, LLC
CAMS is a multi-tenant Software as a Service (SaaS) solution powered by Verifi, Inc. offering gambling operators the ability to collect and manage player information, comply with regulatory policies, manage player account limits, allow players to self-exclude, as well as manage payouts and taxation all within a white label solution customizable for each site. CAMS, LLC, is headquartered in Los Angeles, California.

For more information on CAMS, please call 1.323.655.5789 or visit www.CentralAMS.com.

About bwin.party
bwin.party digital entertainment plc (LSE: BPTY), the global online gaming company, was formed from the merger of bwin Interactive Entertainment AG and PartyGaming Plc on 31 March 2011. bwin.party is a constituent member of the FTSE 250 Index and the FTSE4Good Index Series, which identifies companies that meet globally recognised corporate responsibility standards. Incorporated, licensed and regulated in Gibraltar, the Group also has licences in France, Italy, Spain and Denmark. With offices in Europe, India, Israel and the US, the Group generated total pro forma revenue in 2012 of EUR 801.6m and pro forma Clean EBITDA of EUR 164.9m. bwin.party commands leading market positions in each of its four key product verticals: sports betting, poker, casino and bingo with some of the world’s biggest online gaming brands including bwin, PartyPoker, PartyCasino and Foxy Bingo. For more information about bwin.party, visit: www.bwinparty.com.

 

 

 

 

 

CAMS to Provide Multiple Services Including Geo-location, Age Verification and Online Payment Systems

LAS VEGAS, NV–(Marketwired – Jun 12, 2013) – Aristocrat continues to build a solid base of partnerships for its award-winning nLive™ virtual casino solution, and now the company has signed an agreement with multi-tenant Software as a Service (SaaS) company CAMS.

With the agreement CAMS becomes one of Aristocrat’s solid stable of third-party suppliers. CAMS’ services will greatly simplify and provide significant savings to nLive virtual casino’s operations by aggregating multiple services including age verification, device identification, geo-location and online payments connectivity through one integration and contract.

“We have been moving forward very deliberately and aggressively to further bolster the nLive virtual casino product offering. This agreement with CAMS shows that we are very serious about preparing for legal play-for-money online gaming, and about offering the absolute highest levels of compliance and protection to our operator partners. We are excited about this agreement and the opportunities it affords nLive, Aristocrat and our operator partners,” said Daniel DeWaal, Vice President of Product Strategy Systems & Digital.

“The CAMS value proposition is simple — through a single agreement and single point of integration, we aggregate and provide critical services operators need to adhere to regulatory requirements and receive customer payments all while saving money and speeding up time-to-market,” said CAMS Chief Executive Officer Matthew Katz. “We are excited and honored at the opportunity to assist Aristocrat by providing them with global payments connectivity, know-your-customer (KYC), device ID, and geo-location services in order to mitigate risk and adhere to intensified compliance issues internationally.”

CAMS, in partnership with Aristocrat, offers operators the ability to select the services they require and through a single relationship, can more efficiently and economically get to market with a complete service suite that complies with complex KYC requirements. They can also allow customers to fund an account with their method of choice including Visa, MasterCard, Amex, Discover, ACH, cash equivalents, and a host of alternative funding methods.

The flexible platform has the ability to deploy multiple third parties at one time to improve customer approval and throughput while focusing on improving ROI and keeping service costs low. Together with Aristocrat, CAMS has integrated the leading vendors for age/ID, device ID, and geo-location into the nLive platform allowing merchants to quickly deploy or turn off the vendors of their choice.

CAMS was the first company in its class to be licensed by the Nevada Gaming Control Board and the only company processing live gaming transactions in the United States.

About CAMS, LLC
CAMS is a multi-tenant Software as a Service (SaaS) solution powered by Verifi, Inc. offering gambling operators the ability to collect and manage player information, comply with regulatory policies, manage player account limits, allow players to self-exclude, as well as manage payouts and taxation all within a white label solution customizable for each site. CAMS’ sister company Verifi is PCI Level 1 Certified and certified with the U.S. Europe Safe Harbor Principles and the U.S. Swiss Safe Harbor Principles, published by the U.S. Department of Commerce with respect to the transfer of personal data from the European Union or Switzerland to the U.S. CAMS, LLC, is headquartered in Los Angeles. For more information on CAMS, please call 1.323.655.5789 or visit www.CentralAMS.com.

About Aristocrat
Aristocrat Technologies Inc. is a subsidiary of Aristocrat Leisure Limited (ASX: ALL), a leading global provider of gaming solutions. The Company is licensed by more than 200 regulators and its products and services are available in more than 90 countries around the world. Aristocrat offers a diverse range of products and services including electronic gaming machines and casino management systems. For further information visit the company’s website at www.aristocrat-us.com.