Nuvei Corporation and 888 Holdings Join Forces
It has been announced that Nuvei Corporation (TSE: NVEI) have formed a partnership with 888 Holdings (LON: 888) and their newly launched SI sportsbook to provide it with their Instant Bank Transfer solution.
The Sports Illustrated brand is an online sportsbook which provides a combination of sports betting, sports news, and analysis, which will give their customers all-around sports betting experience.
Nuvei Corporation will use their Instant Bank Transfer technology to provide real-time bank account funding.
Sports Illustrated have exciting plans in store for what is their first venture into sports betting in the US with plans to expand into Iowa and New Jersey, with more states in the pipeline.
Providing customers with the most convenient, secure, and fast payment experience is at the core of what Nuvei does. We are excited to partner with 888 to provide an iconic brand such as Sports Illustrated the ability to launch strong into the US sports betting and iGaming market, improving its player acquisition strategy through our best-in-class user experience, state-of-the-art risk management, and instant payments.
This new arrangement will allow SI Sportsbook to instantly gain access to 11,000 financial institutions in the US, such is the power of the Nuvei Corporation.
Yaniv Sherman of 888 had this to say about the new partnership, “Following the announcement of our strategic partnership with Sports Illustrated, we are thrilled to offer Nuvei’s innovative services to sportsbook fans. With high-growth opportunities across the US, it’s important for us to deliver a first-class betting and gaming experience which includes a diverse suite of payment options. Partnering with Nuvei enables us to enhance the player experience and further the position of SI Sportsbook as a cutting-edge platform in the market.”