OKTO Joins Forces with American Gaming Association for Industry Excellence

18.01.2024

OKTO, a leading global provider of digital payment solutions, has recently announced its alliance with the American Gaming Association (AGA), the primary national trade group for the U.S. casino gaming industry.

This membership underscores OKTO’s commitment to high regulatory standards, support for responsible gambling practices, and promotion of digital transformation in the casino gaming sector.

AGA: Championing the U.S. Casino Industry

The AGA, as the leading national trade group, represents the U.S. casino industry’s interests. It aims to create a favorable business and policy environment for legal, regulated gaming. The AGA boasts a diverse membership, including commercial and tribal casino operators, sports betting and iGaming companies, and gaming suppliers, collectively leading an industry worth $329 billion and supporting 1.8 million jobs nationwide.

Through its membership with the AGA, OKTO aims to strengthen its capabilities in providing advanced payment services to regional merchants. The company is focused on collaborating with local authorities to foster a secure and responsible gambling ecosystem, an initiative that aligns with the AGA’s objectives.

Statement from OKTO’s Vice President

Theo Engelis, OKTO’s Vice President North America, shared his views on the partnership: “Joining the AGA allows us to contribute to the advancement of the American gaming landscape. We are committed to upholding stringent regulatory standards and collaborating closely with local authorities to deliver innovative, secure, and efficient cashless payment solutions in the American gaming industry.”

OKTO plans to actively participate in AGA member events, sharing its unique insights on the digital payments landscape. This involvement is part of OKTO’s strategy to stay at the forefront of the American gaming industry, fostering valuable industry relationships and supporting common business objectives.

Our Comment on the Article

OKTO’s membership in the American Gaming Association is a strategic move that emphasizes its dedication to enhancing the U.S. casino gaming sector.

This collaboration not only solidifies OKTO’s role in advancing cashless payment solutions but also aligns it with the AGA’s efforts to promote a responsible and regulated gaming environment.

This partnership represents a synergistic approach, combining OKTO’s technological expertise with AGA’s industry-wide influence, aiming to shape a future where digital transformation and responsible gaming coexist harmoniously.