Pavilion Payments Expands Capabilities via CasinoSoft Acquisition

Pavilion Payments completed the acquisition of casino compliance software specialist CasinoSoft. This move aims to enhance operational efficiency across the gaming industry’s most complex areas, such as AML compliance, jackpot processing, and tax reporting. This development should also enable Pavilion Payments to retain its momentum and secure additional strategic partnerships.

Evolving Challenges Require Innovative Solutions

The acquisition adds CasinoSoft’s compliance toolset to Pavilion’s growing portfolio of payment and funding solutions, bringing together two well-established brands committed to simplifying casino and sportsbook operations. CasinoSoft is best known for its Title 31 and tax form automation systems. The company has spent two decades fostering close ties with operators, aiding them in their compliance journey.

CasinoSoft’s software is utilized across the USA to manage documentation on jackpots, automate suspicious activity monitoring, and keep properties compliant with federal regulations. Company founder Matt Montano recognized the strategic importance of the acquisition, noting that joining forces with Pavilion Payments would elevate CasinoSoft’s offerings and bolster its market presence.

We have put 20 years of our heart and soul into building the CasinoSoft brand and are thrilled with the many ways this acquisition moves us to the next level.

Matt Montano, CasinoSoft founder

With the addition of CasinoSoft’s offerings to its existing platform, Pavilion Payments aims to provide a fully integrated solution that bridges player funding and compliance workflows in real time. This collaboration should result in innovative new products, cutting-edge patents, and transformative solutions that will ensure Pavilion Payments remains a market leader.

The Two Companies Perfectly Complement Each Other

Pavilion Payments president Diallo Gordon stated the acquisition strengthens Pavilion’s trajectory. The company seeks to enhance CasinoSoft’s tools and integrate them with its current payment infrastructure. This comprehensive approach should make Pavilion’s offerings even more attractive to operators seeking audit-ready solutions that scale without slowing customer service.

Last year, Pavilion Payments teamed up with BetParx to streamline the payment process across the operator’s various gaming platforms. Acquiring CasinoSoft should enable more such collaborations. Gordon was optimistic that the two companies’ shared values would help them deliver a compelling and diverse portfolio, leading to sustained growth.

We plan to grow the broader Pavilion business with several new patents, innovative products, and transformative solutions that position us as the clear leader in fintech payments, cashless gaming, cage, and floor automation.

Diallo Gordon, Pavilion Payments president

Pavilion Payments CEO Dan Connors echoed these sentiments, welcoming the CasinoSoft team and vowing to maintain the company’s commitment to excellence. Industry experts will closely monitor the two companies as they embark on this new journey, seeking to achieve sustained growth in an increasingly competitive and challenging market.