GlobeNewswire Inc | Oct 4, 2021 01:03PM EDT

October 04, 2021

MONTREAL, Oct. 04, 2021 (GLOBE NEWSWIRE) -- NuveiCorporation(Nuvei or the Company)(TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands,has recently announceda number of high-profile U.S. iGaming partnerships, including 888 and SI Sportsbook, Carousel Group, Triplebet/Matchbet, PrizePicks, and now gaming giant BetMGM.

As well as connections to the wider range of gaming platforms, since launching in the region last year, these operators have chosenNuvei toprovide a seamless payment experience to their millions of players in the region.Nuveihas been selectedtime and again due to itsdeep roots withleading iGaming operators internationally, as well asits extensive capabilitiesand knowledge in the rapidly growing U.S. market.

Since entering the U.S. market at the end of 2020, some of the biggest operators in American iGaming have selected Nuvei to accelerate their growth plans, reduce complexity, and introduce payment innovations to millions of American players.Nuveisinnovative and compliant technologyis licensed in allregulatedU.S. statesandwillsupportoperatorsexpansionacross any regulatedjurisdiction.

American operators can now leverage Nuveis advanced technology to ensure high transaction success rates. Via smart routing, each transaction is directed with the greatest chance of approval. The Companys clients can benefit from its extensiveportfolio of relevant payment methods, including cards, ACH and alternative payments. Whats more, gaming operators can utilize a variety of other payment services offered by Nuvei, including payment orchestration, gateway, instant deposits and a full range of real-time withdrawals among card, ACH and digital wallets, along with net deposits. The aim is to enable a faster, more secure and convenient paymentexperience for all players.

Our number of recent U.S. iGaming partnerships, including Sports Illustrated, BetMGM and Carousel Group,further underpins our expertise and technological capabilities in the iGaming industry,said Philip Fayer,NuveisChair and CEO. Ourprominent positionin the iGaming and sports betting industryis theresultofourongoing commitmentto providing the best technology to our clients and provide the best service to their customers. These partnershipsreinforceour ambition tocontinuetostrengthenour presence and influencein theU.S. iGaming market.

Nuveis Cashier, for instance, simplifies how sports betting operators process payments and facilitates entry into new regulated markets via its integrated compliance technology. American operators can also choose from an array of additional services offered by Nuvei la carte, including real-time fraud detection, risk management and instant payouts.

Nuvei continues to solidify its position as the payment technology partner of choice for fantasy sports, iGaming and sports betting brands across the U.S., in approved and regulated states.

About Nuvei

We are Nuvei (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands. We provide the intelligence and technology businesses need to succeed locally and globally, through one integration propelling them further, faster. Uniting payment technology and consulting, we help businesses remove payment barriers, optimize operating costs and increase acceptance rates. Our proprietary platform provides seamless pay-in and payout capabilities, connecting merchants with their customers in 204 markets worldwide, with local acquiring in 45 markets. With support for over 480 local and alternative payment methods, nearly 150 currencies and 40 cryptocurrencies, merchants can capture every payment opportunity that comes their way. Our purpose is to make our world a local marketplace.

For more information, visitwww.nuvei.com.

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