Optimal Payments and Caesars Interactive expand partnership for payment processing services

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Apr 16, 2014, 08:00 ET

Caesars, Harrah's and the World Series of Poker Now Offer NETELLER

LONDON, MONTREAL and NEW YORK, April 16, 2014 /PRNewswire/ - Optimal Payments Plc (LSE AIM: OPAY), a leading global online payment solutions provider, and Caesars Interactive Entertainment, Inc. (CIE), one of the world's leading interactive social and mobile casino-themed game providers, have expanded their strategic partnership for online gaming in the United States.

CIE will now offer Optimal Payments' new NETELLER® service to customers of CaesarsCasino.com, HarrahsCasino.com and WSOP.com in both Nevada and New Jersey. The NETELLER service and Net+® Card stored value offering, introduced last month, allows consumers to safely and conveniently pay and receive funds for products and services both online and at point-of-sale.

"Providing safe, secure and convenient payments to our customers is our top focus and NETELLER allows us to do that," said Marco Ceccarelli, senior vice president and chief technology officer, CIE. "We are thrilled to offer NETELLER in both New Jersey and Nevada effective immediately and anticipate this offering will be a popular choice for existing and new customers."

The new NETELLER service is now live and is actively being promoted to CIE customers in New Jersey and Nevada.

"Optimal Payments and Caesars Interactive Entertainment have a longstanding partnership that strategically binds our two companies," said Neil Erlick, executive vice-president, business development, Optimal Payments. "We already provide CIE with gateway services related to payment processing and now, with the addition of our new NETELLER and Net+ Card stored value offering, we hope to make it even simpler for their consumers in regulated gaming markets to do business with this leader in gaming. We plan to support the company as it rolls out its social gaming offerings in the years ahead."

About Caesars Interactive Entertainment
CIE is one of the world's leading interactive social and mobile casino-themed game providers. CIE owns the World Series of Poker ("WSOP") in addition to multiple mobile and social game titles under its Playtika subsidiary, including Slotomania, Caesars Casino, Bingo Blitz and World Series of Poker. In addition, CIE operates real money online gaming in Nevada under the WSOP.com brand, and in New Jersey under the CaesarsCasino.com, HarrahsCasino.com and WSOP.com brands, and licenses its brands in other foreign legal real money online gaming jurisdictions, including the United Kingdom and Italy. CIE, a subsidiary of Caesars Growth Partners, LLC ("CGP"), which is a joint venture between Caesars Acquisition Company ("CAC") and Caesars Entertainment Corporation ("Caesars Entertainment"), the world's most diversified casino-entertainment provider and the most geographically diverse U.S. casino- entertainment company, was formed by Caesars Entertainment in May 2009 to take the diverse brands in the Caesars portfolio and maximize their value in today's digital, online world. CIE's business partners are some of today's most successful global companies, including Apple, Facebook, Microsoft and Yahoo. CIE employs more than 500 full-time employees and has offices in four countries on three continents: in Las Vegas, Nevada, in Montreal, Canada and in Tel Aviv, Israel. It also houses development studios in California, Belarus, Romania and Ukraine.

About Optimal Payments Plc
Optimal Payments is a global provider of online payment solutions, trusted by businesses and consumers in over 200 countries and territories to move and manage billions of dollars each year. Merchants use the NETBANX® platform and services to simplify how they accept credit and debit card, direct-from-bank, and alternative and local payments; and the NETELLER® service to increase revenues and capture new customers. Consumers use the multilingual and multicurrency NETELLER and Net+® Card stored-value offering to make secure and convenient payments. Optimal Payments Plc is quoted on the London Stock Exchange's AIM, with a ticker symbol of OPAY. Subsidiary company Optimal Payments Ltd is authorised and regulated as an e-money issuer by the UK's Financial Conduct Authority (FRN: 900015).

For more information on Optimal Payments visit www.optimalpayments.com or subscribe at http://www.optimalpayments.com/media/email-alerts.

SOURCE Optimal Payments Plc.