NRT Technologies Inc, the providers of payment processing products, services and solutions for the gaming industry, has continued its growth strategies through the acquisition of US Bank National Association’s casino ATM portfolio.
Now the largest ATM processor in the North American casino market, the Toronto, Ontario headquartered firm services in excess of 750 gaming clients and boasts of being in “the top 25 largest global gaming operators”.
Paul Nielsen, vice president and managing director of gaming services for U.S. Bank, commented: “NRT’s payment switch technology, commitment to customer service and exciting product roadmap made it a great fit for assuming this portfolio of ATMs.
“We have full confidence that NRT will continue to provide the high level of customer service and dedication that our clients have come to expect from U.S. Bank.”
Under the terms of the deal NRT is to acquire 1,500 “high volume” ATMs and self service devices, which dispense over $5 billion annually across nearly 200 gaming properties in the United States, with its total operations standing at almost 300 locations nationwide.
As a direct result of the purchase, NRT operations will now stand at 31,000+ ATM devices, processing more than 300 million transactions and dispensing in excess of $20 billion per annum.
John Dominelli, NRT founder and president, said: “Acquiring this ATM portfolio fits within our strategy of leading in both the cash and cashless payment verticals for casinos.
“As part of this transaction, we are pleased to welcome key members of the U.S. Bank team to the NRT family. The acquisition will provide a significant boost to NRT’s transaction volume while simultaneously moving NRT into a leadership position in offering advanced, non-traditional financial services through our next generation self-service ATMs and kiosks.”
The firm also states that a series of upgrades are to be made to the acquired fleet, not only regarding traditional functions but providing mobile engagement through Sightline Play+ and card-less ATM features.
Developing the upgrades in partnership with Diebold Nixdorf, building upon an existing successful partnership, Bruce Pierce, vice president and general manager of Canada at Diebold Nixdorf, stated: “NRT and Sightline are doing really exciting things around casino guest experiences and it is imperative they have a partner like Diebold Nixdorf, that can evolve with them and provide flexibility and innovation to assist them in delivering the best customer experience.
“Our partnership will demonstrate the expanded connected commerce capabilities and enhance the ATM experience for all casino guests.”