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Optimal and Caesars Interactive sign agreement for US market

Optimal Payments to provide Caesars Interactive Entertainment with payments and related services for its entry into US regulated online poker market
London, Monday 29 October 2012 – Optimal Payments (LSE: OPAY), a leading global online payment provider, has signed an agreement with Caesars Interactive Entertainment, Inc. (“CIE”), a subsidiary of Caesars Entertainment Corporation, to provide payments and related services as part of CIE’s entry to the U.S. regulated online poker market.
Under the agreement, subject to any necessary regulatory approvals, Optimal will supply CIE with gateway services related to payment processing, fraud management and related services.
“This is a ground breaking deal for Optimal Payments and demonstrates our ability to provide real value to globally renowned, land-based gaming operators and their leading brands, as the first step in our strategy to capitalise on the regulated U.S. market” said Joel Leonoff, President & CEO of Optimal Payments.