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Game World and OKTO Launch Romania’s First Cashless-Operated Slot Machines

September 22, 2022 | Gaming Machines

Bucharest (September 21, 2022) — Game World Romania, a leader in the entertainment industry in Romania, is rolling out OKTO’s cashless, mobile-first, responsible payments in its high-end Game World Bucharest Mall Vitan venue, the largest gambling hall in South-East Europe. The award-winning OKTO.WALLET payment app and platform are now available on the first set of slot machines and will gradually be available across all slot machines and electronic roulettes of the main venue, with further rollout across the entire Game World network to follow.

The new service introduced by Game World in the region is made possible thanks to OKTO’s expertise in e-money services and payment technologies for gaming operators and their customers. The rollout marks a significant step forward in the ongoing digital transformation of Romania’s entertainment industry, driving the adoption of digital payment solutions and providing customers with a secure, convenient, flexible, and affordable digital wallet to manage their funds at any time and from anywhere.

Simon Dorsen, OKTO CCO, says: “This is another major partnership and one that we are incredibly pleased to confirm with Game World, one of the most respected and recognized operators in the Romanian gaming market. OKTO views Romania as a core strategy territory and will seek to continue investing in the market.

We are glad to provide mobile-first cashless payment experiences in an extremely important and substantial market. OKTO.WALLET ticks a number of important boxes for operators, regulators, and players alike. Our solution is entirely software-driven, and because it provides a fast, smooth, and trouble-free digital experience, it connects with a younger adult demographic, which in turn will increase the level of consumer engagement, help to broaden the player base, and drive up gaming halls’ footfall.

Not only does the OKTO solution satisfy the exacting digital demands of today’s consumers, but it also satisfies the requirements set out by regulators in terms of safer gambling.

“One of our main goals is to strengthen our leading position on the local market by constantly coming up with innovative actions in Romania and offering our customers the best entertainment experience and options to play, simply and easily”, says Attila Otto Török, Game World Romania Strategy Director.

“Everything we implement is based on the needs of our customers, offering them a wide range of options. It is no secret that the new generation of customers is looking for a fast, smooth and seamless digital experience. We are fully aligned with OKTO’s mission and values. OKTO’s market-leading digital payment solution enables us to offer seamless digital payment solutions that align with our responsible gaming commitments and compliance rules set by the authorities.”
OKTO.WALLET allows users to load credits directly from their mobile phones through the OKTO app to gaming machines, online or any other touchpoint and collect winnings straight into their OKTO account in real-time and in a secure and safe way. OKTO supports an easy, and fast mobile onboarding (KYC) while users can fund their account with multiple sources for free, like instant bank transfer, card-in and wire transfer. In addition, users can send and receive money from their friends for free while the OKTO app makes users’ life sweeter through rewards schemes.

Alongside, OKTO.WALLET is an open loop, giving players the freedom to move and use their funds as they wish instantly, while also as a universal wallet that has applications beyond gaming, consumers can make transactions anywhere.

Designed to protect the user and the operator and fully aligned with the modern requirements of gaming regulators, the wallet is fully equipped with a responsible gambling toolkit, incorporating all the major levels of safer gaming: age verification, gaming/betting limits, betting time-out period, P&L calculator, problem gambling helplines, aligned with social responsibility.

ABOUT OKTO
OKTO powers mobile-first, embedded responsible payments, deeply integrating into legacy entertainment technologies and enabling digital payments across consumer experiences. Our mission is to become a leading fintech provider, digitalizing cash in the global entertainment, leisure, and gaming industries. OKTO envisions safe, secure, and real-time money transactions by millions of merchants and individuals across multiple countries and cultures.
Partnerships back the company with leading banks, card acquiring, and financial service providers to bring best-of-breed solutions to our clientele, upholding the strictest security standards, a PCI DSS Level 4 Certification, and approvals by Mastercard® and various central banks and regulatory bodies.
The OKTO brand is expanding internationally, securing high-profile agreements, and delivering payment solutions to omnichannel gambling, leisure, and entertainment industries in countries including Cyprus, Germany, Greece, Italy, the Netherlands, Romania, Spain, and the UK, for leading brands in each market.
For more information about OKTO visit http://oktopay.eu/
For more information about OKTO.WALLET visit https://www.oktowallet.eu

ABOUT GAME WORLD
Game World Romania is the market leader in the premium segment of electronic and land-based gambling halls, as one of the largest holdings in the local entertainment industry. The Game World brand is present in Bucharest and three other major cities in the country: Constanța, Brașov, and Alba Iulia. Game World has also an established online presence with the Game World Casino platform.
The company started operations in Romania in September 1999, with the opening of the first Game World gambling hall in Bucharest Mall Vitan, currently the largest gambling hall in Eastern Europe. Game World is a founding member of Romslot – the Association of Slot Machine Operators of Romania.
The company has been awarded year after year for supporting the “Responsible Gaming” program and social responsibility initiatives. Game World is part of a holding, Game World Group, that is headquartered in Bucharest and has approximately 2,000 employees.
For more information about Game World, visit http://www.mygameworld.ro/

SOURCE: OKTO / Game World Romania.

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