Passport Technology Announces Expanded Partnership with Renowned Golden Nugget Hotel & Casino

LAS VEGAS – January 18, 2022 – (Newswire.com)

Passport Technology (“Passport”), a global leader in payment technology for the gaming industry, today announced the multi-year extension and expansion of cash access services, AML compliance , check guarantee and cage automation solutions in all Golden Nugget Hotel & Casino. locations across the United States. The iconic casino establishments are a subsidiary of multinational and diversified restaurant, hospitality, gaming and entertainment leader Fertitta Entertainment Inc.

“Passport Technology is a strategic partner, and their commitment to customer service, innovation and product collaboration complements our mission to create memorable experiences for our guests and team members,” said John Guy, SVP Finance-Gaming, Fertitta Entertainment Inc. “We look forward to integrating Passport’s full suite of payment and compliance solutions.”

With this partnership, Passport demonstrates its commitment to providing world-class innovation in customer-facing payment options and back-office solutions that deliver the speed and reliability needed to support Golden Nugget’s mission.

Passport will deploy its industry-leading, multi-functional CashStream™ kiosks throughout Golden Nugget Hotel & Casino locations, designed to maximize floor cash. CashStream has an easy-to-use customer interface offering multiple options for delivering cash to customers through scalable and customizable Passport software integrated with the most reliable and secure hardware system in the industry.

Passport’s LiveCage™ platform automates the cash transaction distribution process to expedite Golden Nugget customer cage transactions while minimizing cash spreads to the casino. The LiveCage system has been optimized for speed, reliability and accuracy with an intuitive cashier interface designed with input from casino partners over hundreds of deployments.

Passport shares Golden Nugget’s commitment to regulatory compliance with its Guardian Pro® AML software. Guardian Pro tracks and reports suspicious activity with ever-improving features and analytics in partnership with compliance officers and industry regulators.

“We are thrilled to be part of Golden Nugget’s growth and to have the opportunity to expand our existing relationship to two new locations,” said Jason King, CRO, Passport. “As the demand for accelerated transactions, self-service options, dynamic pricing and world-class services increases, Passport’s extensive suite of advanced solutions meets and exceeds these demands and inspires a memorable experience reflected on the brand. of our customers.”

“Passport strives every day to win our partner’s business,” said Cleve Tzung, CEO of Passport. “Our passion is to exceed expectations by providing superior customer service and innovative solutions based on anticipated market trends and needs. We are delighted that Golden Nugget has recognized our efforts through this expanded partnership and will continue to operate flawlessly for them and their customers.

About the passport
Passport Technology is a leading developer of technology solutions and services for the highly regulated payments, gaming and financial services markets. The Company’s product portfolio includes exchange kiosks, near-cash, check guarantees, ATMs, digital payments, cash and cashless integrations, casino automation, compliance solutions regulatory, bank-sponsored transaction processing, server-based and web-based analytics, agnostic application management systems, and interactive content and loyalty services. Through its Preferred and Associated Gaming Licenses, Passport has securely and responsibly disbursed more than $34 billion in funds to casinos around the world.

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Passport Technology Announces Expanded Partnership with Renowned Golden Nugget Hotel & Casino

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