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.

ATLANTIC CITY — Revel, forced to file for bankruptcy this spring after a troubled first year, sits in all its $2 billion splendor on the Atlantic City boardwalk adrift in fiscal worries.

The other 11 casinos that dot the perpetually struggling resort are on pace to put up their worst earnings in two decades, largely because of competition from surrounding states and the hangover from a punishing recession.

But the daunting financial challenges have not stopped gaming companies from around the world that are determined to establish a beachhead in Atlantic City, especially now that the lucrative business of online gambling is imminent.

The company officials behind London-based 2UP Gaming are so eager to own a casino in New Jersey that they are in talks with four different casino owners. And if the parties can’t agree on a price, the company wants to build its own casino in the seaside resort.

“We are committed to Atlantic City,” said Vincent Crandon, an investment banker who is overseeing the company’s expansion into North America. “I’m not just here to hit and run.”

Crandon is not the only executive to set his sights on the city with New Jersey poised to allow its dozen casinos to offer internet gambling by the end of the year.

It is the boldest change to the state’s gambling culture since the first roll of the dice in 1978. The venture is expected to provide hundreds of millions, if not billions, of dollars in revenue annually, re-energizing the casinos and breathing new life into the tired city.

The company 2UP is among 37 firms from around the world applying for online gaming licenses in Atlantic City this year. Most have agreements to join in partnerships with casinos. The state has not disclosed the names of those firms, although several have been announced.

Among the companies are some of the biggest names in online gaming — from PokerStars, which tried and failed to buy the Atlantic Club casino this year, to 888 Holdings, Bwin.party and Ultimate Gaming.

The attraction is not just a chance at big profits, experts say. What New Jersey is doing — creating a regulated internet gaming operation that ties the digital world to the physical, allowing for every game played in casinos to be played online — is “an entirely new business model,” said Michael Pollock, managing director of Spectrum Gaming.

No precedent

“New Jersey is creating something which, arguably, has little precedent elsewhere in the world at the moment,” Pollock said. “You cannot look to Europe. You cannot look at Nevada or Delaware or other states for precisely what New Jersey is going to accomplish with this operation.”

Getting in on the ground floor, as well as getting licensed by some of the toughest regulators in the country, will set the course for future success, experts said.

Nevada began allowing only one online game, poker, this year and Delaware will soon. Others states may legalize it in the future, said I. Nelson Rose, a professor at Whittier Law School, and if they do, companies already taking bets in Atlantic City will be much better off.

“The reason you want to get licensed by New Jersey is, when other states follow, which will happen — Pennsylvania, California, major markets — the licenses will go to the companies that have the experience,” said Rose, who writes about gaming on his website, gamblingandthelaw.com. “The New Jersey companies that get approved for internet casinos now are going to be in much better positions to dominate the entire nation and the rest of the world.”

Now the race is on to license the companies hoping to be casino partners, and many are offering their brand of internet betting to the casinos. Trump Taj Mahal, for example, wants to provide its players with UltimatePoker.com.

Other companies will be providing behind-the-scenes support, including payment processing, verifying player identities and ages (the state requires gamblers to be 21) and geolocation technology to ensure players are within state borders.

Currently, officials at the state Division of Gaming Enforcement are sifting through the applications and will be approving them on a rolling basis. The state’s target launch date is Nov. 26, although the law says that can be pushed back if regulators say they’re not ready.

For now, the state will need to examine the qualifications of companies with a global reach, ensuring they meet the long-held standard of “good character, honesty and integrity.”

One firm, PokerStars, which has sought to team up with Resorts Casino Hotel, has faced accusations of money-laundering and bank fraud, and its founder and former principal is under federal indictment.

The company, which operated in the United States until 2011, maintains that it offers “a unique product which did not fall within any U.S. legal prohibitions on gambling.”

Two other companies seeking a place at the table also operated in the United States, although they did not face similar accusations — Bwin.party, which has an agreement with the Borgata, and 888 Holdings, which is forming a partnership with Caesars Entertainment, the owner of Bally’s, Caesars, Harrah’s and Showboat.

Steven Perskie, who as a state senator from Atlantic County was the architect of the Casino Control Act, said that despite the rush of companies — and the fact that online gaming is an entirely new product to regulate — New Jersey should not have trouble adapting.

Like the move from levered to computerized slot machines, Perskie said, internet gaming is “the latest in a long line of new developments.”

“The regulatory process has always managed to keep pace with these kind of changes,” he added.

Hurdles remain

Still, there are significant obstacles, such as how players will be able to deposit money into their accounts. American Express and Discover will not process online gaming transactions, nor will many banks that issue Visa cards and MasterCards, said Matthew Katz, chief executive of CAMS, which has agreements to provide technical services to a half-dozen of casinos.

“A lot of the big credit card issuers are not comfortable with online gambling,” said Katz, who is working to persuade banks to process the transactions.

In addition, geolocation is not 100 percent accurate, he said, and could suggest that someone playing on a computer in Hoboken is in New York.

Lisa Spengler, a spokeswoman for the Division of Gaming Enforcement, said both issues were “currently being addressed.”

Despite the concerns, experts say the state is likely to hit its target date, although some contend that not all 12 casinos will be ready to go.

A large motivating factor in getting all of the casions online promptly is the governor and his budget, which anticipates $160 million in tax revenue from online gaming, suggesting more than $1 billion in total revenue by next July.

One person not worrying about the start date is Crandon, the executive with 2UP Gaming, which is currently online in Europe. That is partly because the company neither owns a casino yet nor has a partner, but also because he says success will be found in building the perfect model.

Crandon, the managing director of MidOil USA, an investment firm that owns 2UP, said that while some casinos appear interested in simply adding another revenue stream, it is crucial to create synergy between online games and the physical casino. He said finding the right balance will get more people into the casino and more people playing online.

“It’s got to be a driver,” he said. “Atlantic City needs a reason for people to come.”

 

Source: http://www.nj.com/politics/index.ssf/2013/08/online_gambling_new_jersey_atlantic_city.html

 

 

 

 

 

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.

CAMS Partner, Nevada-based Ultimate Poker became the first to launch real-money online poker at their site, UltimatePoker.com on Tuesday, April 30, 2013.

Read more here >

 

Los Angeles, California – February 12, 2013
CAMS, LLC will be the Gold Sponsor at the upcoming iGaming North America 2013 Conference in Las Vegas, February 19-21 at the Planet Hollywood Resort and Casino. CAMS is excited to be partnering with iGNA for its third industry event bringing operators, legislators, business owners, investors and leaders in the gaming segment together to connect, network, educate, and help forge a unified presence in this new online vertical.

CAMS is the first service provider approved for Class 2 gaming licenses in Nevada helping online operators with payment connectivity, know your customer (KYC) requirements, geo-location and device ID services, payment data security, payout and taxation services, and fraud and risk management.

“We are proud to be the only Gold Sponsor at iGNA 2013 and look forward to meeting with other industry leaders. CAMS supports the creation of a safe and secure payment environment for casinos, lotteries, brands and players and helps meet or exceed regulatory and compliance requirements”, said CAMS Chief Executive Officer, Matthew Katz. “Our solutions are specifically tailored for our partners and will become increasingly critical as new US regulatory markets continue to develop for the online gaming world.”

About iGNA 2013
The 2013 iGaming North America conference marks the third year of this unique networking and educational event designed to introduce the land-based gaming businesses of North America to the global iGaming industry. Our aim is to provide a cost-effective networking environment that helps foster understanding regarding the potential impacts of regulation of internet gambling in the U.S. and Canada,
and provides critical information regarding the players, resources, legislative framework and topics that are important to all of the parties that comprise the important commercial gaming segment. For more information, visit www.igamingnorthmamerica.com

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, assists with monitoring and complying with regulation policies, facilitates player account limit disbursement and payout management 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 323.655.5789 or visit www.CentralAMS.com

For any questions related to news and announcements please contact:
Rob Banchich
Email:rob.banchich@CentralAMS.com
Phone: 00+1+323-655-5789

San Francisco, CA, January 22, 2013 – As the mobile gaming industry continues to grow and app revenues for 2012 are reported to have hit $10 billion, CAMS (Central Account Management System) and Locaid have partnered to develop an industry leading, location-based solution that will support the collection, identification and management of critical player information to meet the strict regulations of the gaming industry.

This past November, CAMS became the first service provider approved for a Class 2 gaming license in the state of Nevada allowing the company to provide services for geo-location, patron identification and payment processing in a combined offer. Locaid’s Location-as-a-Service (LaaS) solution has quickly become the gaming industry standard for secure device location that meets the extremely rigorous requirements of state lottery administrators and gaming regulators. Together the companies will provide a 360° location solution for the mobile gaming industry as it continues to grow.

“CAMS supports the creation of a safe and secure payment environment for casinos, lotteries, brands, and players and helps meet or exceed regulatory and compliance requirements,” said CAMS Chief Executive Officer, Matthew Katz.  “We are excited to be working with Locaid to ensure that all of the necessary safeguards are in place and our combined capabilities will assist our customers with every facet of  their online gaming businesses.”

About CAMS, LLC or Central Account Management System

CAMS is a multi-tenant Software-as-a-Service (SaaS) solution powered by Verifi, Inc. offering lottery, poker, gaming and online wagering operators the ability to collect, identify and manage critical player information.  It assists merchants and operators by monitoring and incorporating internal and external regulation policies, facilitating payment deposits and withdrawals and helps enforce operator business rules.  The CAMS platform provides all of this within a white label solution that is customized for each site.  CAMS, LLC is headquartered in Los Angeles, California. For more information, please call 323.655.5789 or visit www.CentralAMS.com.

ABOUT LOCAID

Locaid is the world’s largest Location-as-a-Service (LaaS) company.  We operate a location privacy platform that allows mobile developers to locate over nine billion devices, including over 380 million mobile phones, for enterprise authentication, fraud management, consumer location services and opt-in mobile marketing.  Locaid locates smartphones, feature phones, tablets and any mobile device on leading wireless carriers including América Móvil, AT&T, Cricket, Rogers, Sprint, T-Mobile, TELUS and Verizon Wireless.  Locaid also helps shape and enforce location privacy policies via leadership roles on governing associations including the CTIA, MMA and IAPP.  The largest financial institutions, mobile marketers, M2M platforms and mobile service providers get network location from Locaid.  Location Matters™.  Locate us at http://www.loc-aid.com@locaid and www.facebook.com/Locaid.

LOCAID MEDIA CONTACT:

Kate Gallagher

Locaid Corporate Communications

PR@loc-aid.com

+1.760.459.9410

Los Angeles, California – January 8, 2013 – The Nevada State Gaming Control Board met late last year and unanimously approved a Class 2 gaming license for CAMS, LLC.  CAMS will be providing its services for geo-location, patron identification and payment connectivity. Some of the many positive comments made during the approval process focused on CAMS being an impressive business and one that is much needed and welcomed in the gaming industry. CAMS is the first service provider approved for these licenses in the state of Nevada.  Using proprietary and industry-leading applications, CAMS provides merchants in the gaming industry the tools they need to reduce risk and increase profitability. “CAMS supports the creation of a safe and secure payment environment for casinos, lotteries, brands, and players and helps meet or exceed regulatory and compliance requirements,” said CAMS Chief Executive Officer, Matthew Katz. “We’re very pleased to be the first service provider to be approved by the Nevada State Gaming Control Board and believe our solutions will become increasingly critical as new US regulatory markets develop online gaming, poker and lottery sites.”

About CAMS, LLC or Central Account Management System

CAMS is a multi-tenant Software-as-a-Service (SaaS) solution offering lottery, poker, gaming and online wagering operators the ability to collect, identify and manage critical player information.  It assists merchants and operators by monitoring and incorporating internal and external regulation policies, facilitating payment deposits and withdrawals and helps enforce operator business rules.  The CAMS platform provides all of this within a white label solution that is customized for each site.  CAMS, LLC is headquartered in Los Angeles, California.

For more information, please call 323.655.5789 or visit www.CentralAMS.com. For any questions related to news and announcements please contact:

Rob Banchich, Marketing Director

Email:rob.banchich@CentralAMS.comPhone: 00+1+323-655-5789

 California – January 15, 2013 Ultimate Gaming, a division of Fertitta Entertainment, has contracted to use the CAMS’ Intelligence Suite® and gateway functionality to help maintain regulatory compliance and accept payments online.  With this new agreement, CAMS will provide Ultimate Gaming’s new online poker brand Ultimate Poker, IP Geo-Location services, Mobile Geo-Location, Device Intelligence, Player Age Verification, payment connectivity, chargeback representment and tokenization through a single integration to its centralized platform.

CAMS, LLC is the first service provider approved for Class 2 gaming licenses in Nevada to help online operators comply with know-your-customer (KYC) requirements, geo-location services and payment connectivity.

CAMS advised Ultimate Gaming on selecting the best-of-breed third party solutions to provide the most value while using its platform.  Chris Derossi, CTO of Ultimate Gaming says, “We are pleased to select CAMS as our partner.  By working with CAMS we are able to reduce our internal programming costs, centralize many of our daily operating functions and at the same time reduce nearly 30% of our upfront and ongoing monthly costs from the same vendors we intended to work with.”

“We are excited to have Ultimate Gaming as a client and look forward to providing them with as much value as possible. CAMS supports the creation of a safe and secure payment environment for casinos, lotteries, brands and players and helps meet or exceed regulatory and compliance requirements”, said CAMS Chief Executive Officer, Matthew Katz. “Our solutions are specifically tailored for partners like Ultimate Gaming and will become increasingly critical as new US regulatory markets continue to develop for the online gaming world.”

About Ultimate Gaming/Ultimate Poker   Ultimate Gaming delivers exciting, social and fun casino style games to players around the world. All Ultimate Games are designed with a social DNA, built to share and challenge players to reach new heights. From stacking chips and talking trash to pushing to the top of custom leader boards, Ultimate Gaming brings excitement every day. Ultimate Poker gives players the opportunity to compete with others from around the world for unreal rewards and global bragging rights.

Like Ultimate Poker on Facebook: facebook.com/UltimatePoker

Follow the action on Twitter: twitter.com/UltimatePoker

Watch us on YouTube: youtube.com/UltimatePoker  

About CAMS, LLC or Central Account Management System

CAMS, powered by Verifi, is a multi-tenant Software-as-a-Service (SaaS) solution offering gambling operators the ability to collect and manage player information, assists with monitoring and complying with regulation policies, facilitates player account limit disbursement and payout management 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 323.655.5789 or visit www.CentralAMS.com.

For any questions related to news and announcements please contact:

Rob Banchich Email:rob.banchich@CentralAMS.com

Phone: 00+1+323-655-5789

Los Angeles, California – November 20, 2012 – The Nevada State Gaming Control Board met Thursday, November 15, 2012 and unanimously approved a Class 2 gaming license for CAMS, LLC.  CAMS will be providing its services for geo-location, patron identification and payment processing. Some of the many positive comments made during the approval process focused on CAMS being an impressive business and one that is much needed and welcomed in the gaming industry. CAMS is the first service provider approved for these licenses in the state of Nevada.  The Board had previously recommended CAMS for approval earlier this month during its meeting on November 1, 2012. Using proprietary and industry-leading applications, CAMS provides merchants in the gaming industry the tools they need to reduce risk and increase profitability. “CAMS supports the creation of a safe and secure payment environment for casinos, lotteries, brands, and players and helps meet or exceed regulatory and compliance requirements”, said CAMS Chief Executive Officer, Matthew Katz. ” We’re very pleased to be the first service provider to be approved by the Nevada State Gaming Control Board and believe our solutions will become increasingly critical as new US regulatory markets develop online gaming, poker and lottery sites.”

About CAMS, LLC or Central Account Management System

CAMS is a multi-tenant Software-as-a-Service (SaaS) solution offering lottery, poker, gaming and online wagering operators the ability to collect, identify and manage critical player information.  It assists merchants and operators by monitoring and incorporating internal and external regulation policies, facilitating payment deposits and withdrawals and helps enforce operator business rules.  The CAMS platform provides all of this within a white label solution that is customized for each site.  CAMS, LLC is headquartered in Los Angeles, California.

For more information, please call 323.655.5789 or visit www.CentralAMS.com. For any questions related to news and announcements please contact:

Rob Banchich, Marketing Director

Email:rob.banchich@CentralAMS.com Phone: 323-655-5789