Nuvei Joins the Canadian Gaming Association
March 31 2021 - 9:00AM
Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and
NVEI.U), the global payment technology partner of thriving brands,
has announced it has joined the Canadian Gaming Association
(“CGA”). The CGA is Canada’s premier national trade association
working to advance the gaming industry across the country.
Nuvei’s partnership with the CGA expands the company’s growth as
a leader of international iGaming payment technology and thought
leadership. As the gaming industry progresses in North America,
iGaming operators are looking to employ seamless payment processing
capabilities. The Company’s partnership with the CGA aims to ensure
that the association can meet the innovation requirements necessary
to streamline and modernize regulated digital gaming payments
across Canada.
Leveraging its vast experience in the industry globally, Nuvei
has positioned itself as a leading iGaming payment solution
provider, helping operators maximize conversions, improve
acceptance rates, and enhance security, all through a single
proprietary platform. In addition to advocating for the industry,
the Company’s wealth of knowledge in the ever-changing regulatory
and compliance landscape will benefit all of Canada’s gaming
industry stakeholders.
“We are thrilled to be partnering with the CGA to provide our
support, advocacy, and expertise as the Canadian iGaming industry
continues to evolve,” said Philip Fayer, Nuvei's chairman and CEO.
“We look forward to collaborating with the CGA and enabling it to
meet its goals of advancing the scope of gaming in Canada, while
embracing best practices and payment technology.”
“The CGA is excited to welcome Nuvei to the family,” said Paul
Burns, CGA president and CEO. “Nuvei encourages innovation in both
payments and policy, and the CGA is thrilled to be partnering with
them. By collaborating with payment technology leaders like Nuvei,
we can increase access to iGaming across the country and bring more
awareness to the positive economic impacts of the gaming
industry.”
About Nuvei
We 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, nearly 150 currencies
and 40 cryptocurrencies. Our purpose is to make our world a local
marketplace.
For more information, visit www.nuvei.com.
About the Canadian Gaming Association
The Canadian Gaming Association (CGA) is a national trade
association working to advance the evolution of Canada’s gaming
industry. The association’s mandate is to promote the economic
value of gaming in Canada; leverage research, innovation, and best
practices to advance the industry; and create productive dialogue
among stakeholders. Visit www.canadiangaming.ca to learn more about
the CGA and gaming in Canada.
Forward-Looking Information
This 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 Canadian Gaming Association.
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 RelationsIR@nuvei.com
Public RelationsPR@nuvei.com
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