- Nuvei Corporation (NVEI) has been chosen by Holland Casino to support the launch of the first online casino in the Netherlands
- Nuvei will provide customized solutions for player acquisition, verification, and payment
- Nuvei was selected because of its experience with leading international iGaming operators, its track record in supporting businesses in complex markets outside of EU legislations, and its experience in fraud prevention and anti-money laundering
- Nuvei (NVEI) is the global payment technology partner of thriving brands
- Every year, close to six million guests visit Holland Casino’s fourteen locations across the Netherlands
- Nuvei Corporation (NVEI) is up 3.83 per cent, trading at C$153.01 per share at 2:10 pm ET
Nuvei Corporation (NVEI) has been chosen by Holland Casino to support the launch of the first online casino in the Netherlands.
Nuvei will provide solutions for player acquisition, verification, and payment.
The Holland Casino selected Nuvei due to its extensive experience with leading iGaming operators internationally, its track record in supporting businesses in complex markets outside of EU legislations, and its unrivalled experience in fraud prevention and anti-money laundering.
The launching of Holland Casino’s online presence is made possible by the implementation of the Remote Gambling Act in the Netherlands on April 1, 2021.
Analysts predict iGaming in the Netherlands to be one of the most explosive growth markets in the world. This prediction is supported by a recent report by the Dutch Gaming Authority that by 2024, the Dutch market can expect a gross gaming revenue of approximately €800 million.
Holland Casino will offer sports betting, online casino, live casino, poker, and in the near future bingo products to its players, supported by Nuvei’s custom solutions for player verification and authentication. Nuvei will also provide a seamless payment experience, enabling effortless deposits and withdrawals while complying with the Netherlands’ rigorous anti-money laundering laws and the EU’s revised strong customer authentication (SCA) requirements.
Nuvei is an iDEAL acquiring partner – an ecommerce payment system of choice in the Netherlands – which will be one of many payment methods available to Holland Casino players, giving them the choice to pay with their preferred method.
“Nuvei was a clear choice for us,” said Jeroen Verkroost, Digital Transformation Director of Holland Casino. “Their team’s track record in supporting businesses in new and complex markets with regulatory considerations is unparalleled. Particularly important for us was their experience in the iGaming sector with a nuanced understanding of fraud prevention and anti-money laundering capabilities. We have been impressed by the single-integration setup of the system and the speed of their delivery.”
“The team and I are excited to be a part of the Netherlands’ first casino with an online presence,” said Philip Fayer, Nuvei’s Chair and CEO. “The partnership also marks our first entrance into online gaming in the country, and we’re thrilled to be doing it with such an industry leading brand. The regulatory ecosystem is both complex and robust, and our team has the expertise, technical know-how, and experience to navigate it without compromising on the user experience for Holland Casino players.”
Nuvei (NVEI) is the global payment technology partner of thriving brands. Uniting payment technology and consulting, Nuvei helps businesses remove payment barriers, optimize operating costs and increase acceptance rates. With support for over 500 local and alternative payment methods, nearly 150 currencies and 40 cryptocurrencies, merchants can capture every payment opportunity that comes their way.
Every year, close to six million guests visit Holland Casino’s fourteen locations across the Netherlands.
Nuvei Corporation (NVEI) is up 3.83 per cent, trading at C$153.01 per share at 2:10 pm ET.
