Optimal Payments approved by NJ Division of Gaming Enforcement

We have been talking quite a bit about the the new legislations and laws in New Jersey, and the number of casinos and service providers who are receiving licenses are are growing by the day. These new laws allow for out of country service providers to apply for gaming licenses in the state of New Jersey.

Optimal Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, an industry leader in global payments, providing services to over 200 countries, and located in the Isle of Man has announced today that the New Jersey Division of Gaming Enforcement (DGE) has completed their vendor review and they have been found suitable to provided payment solutions and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term to online Atlantic City casinos that are going live towards the end of November.

"We are excited to be an approved vendor in New Jersey and we look forward to leveraging our vast experience and expertise to help facilitate online payments for our partners in New Jersey," said Joel Leonoff, President and CEO of Optimal Payments.

With New Jersey’s online casinos going live on November 26^th, and Delaware in just a couple of days, we should be seeing more European companies making their way states side. Due to the illegality, most of the payment and risk solution providers that specialize in online gaming are located in Europe. The new state laws should allow such providers to embark on more global goals with entering the US gaming market.