Payment solutions supplier Pavilion Payments has acquired CasinoSoft, a provider of compliance software for the gaming industry, in a deal aimed at creating a fully integrated solution for casino payments and regulatory reporting.
The acquisition, announced Friday, is a key expansion for Pavilion Payments, which specializes in player funding and payment services for gaming operators. With CasinoSoft’s software suite, focused on Anti-Money Laundering (AML) and Title 31 compliance, automated tax forms, and jackpot reporting, the combined platform is designed to modernize casino floor, cage, and slot operations for both land-based and digital operators.
“CasinoSoft is the industry standard for AML/Title 31 compliance, automated tax forms, jackpot processing, and associated reporting services,” said Diallo Gordon, President of Pavilion Payments.
“With this acquisition, 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.”
Founded over two decades ago, CasinoSoft’s products enable casinos to remain audit-ready while reducing manual workloads and helping staff focus on guest services. The company’s client base includes a varied range of operators across the gaming industry.
“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,” said Matt Montano, Principal and Owner of CasinoSoft. “The success of our robust suite of AML/Title 31 and tax form products is evidenced by the longstanding partnerships we enjoy with our many satisfied customers throughout the industry.”
The acquisition will allow Pavilion Payments to fold CasinoSoft’s offerings into its own product suite, effectively creating a single system for handling everything from payments and funding to regulatory compliance and reporting.
This vertical integration is expected to increase automation, reduce errors, and improve speed and security for gaming operators across all channels, including iGaming and sportsbooks.
Dan Connors, CEO of Pavilion Payments, said: “We pride ourselves on offering our partners and customers a vibrant and diverse portfolio of products and services. The addition of CasinoSoft’s products to our lineup furthers our delivery on that goal. We’re delighted to add CasinoSoft to our team.”