Global payments tech firm Nuvei has joined the American Gaming Association, with the group’s chief corporate development officer, Neil Erlick, also set to service on the national trade group’s board of directors.
The group says that the move will enable a further expansion of its services across the US igaming market, as well as ensuring that it plays an active role in ensuring that industry collaborators are up to speed with technological advances.
As a result of joining the AGA board of directors, Erlick will be offering insights on the industry’s work on advancing payment modernisation 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 modernisation working group.
“We are excited to collaborate with the AGA and are confident that our participation will further expand our growth in the US 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.”
Earlier this week, the AGA reported that it is anticipating that 47.4m Americans will wager on this month’s March Madness, representing a similar figure to those that indicated they would bet on the tournament in 2019.
The projection came from a survey undertaken by Morning Consult on behalf of the Association, and from a national sample of 2,200 adults, with a significant shift in how people plan to bet reported.
“We are excited to welcome Nuvei and their industry expertise to the AGA family,” Bill Miller, president and CEO at AGA, said upon welcoming the arrival of Nuvei.
“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.”