Sightline Payments Marks 15 Years and Completes Major Recapitalization for Future Innovations

Celebrating 15 Years of Innovation: Sightline Payments

Las Vegas, NV — February 25, 2025
Sightline Payments®, a prominent name in gaming fintech, proudly marks its fifteenth anniversary. During this period of notable achievements, the company has also completed a significant recapitalization aimed at transforming the gaming landscape through advanced financial technology solutions.

The recapitalization process has seen significant support from long-standing investors, including Cannae Holdings, NRT Technology, Genting, and the co-founders Harry Hagerty and Diran Kludjian, among others. As part of the restructuring, John Dominelli, the founder and CEO of NRT Technology, will take on the role of Executive Chairman of the Sightline Board, joined by President Michael Dominelli. This renewed Board is positioned to lead the company into an era of unprecedented growth and innovation.

Over its 15-year journey, Sightline Payments has been a trailblazer in payment innovations across the gaming industry. It facilitated the first online gaming transactions in New Jersey back in 2013 and achieved multiple significant milestones in cashless gaming solutions. Notable achievements include the pioneering of mobile sports betting transactions in Nevada in 2014 and introducing floor-wide cashless gaming at a Tribal casino in 2015. More recently, Sightline facilitated the first cashless transactions in Nevada casinos in 2021. These advancements have played an essential role in propelling the U.S. digital gaming industry's staggering growth, now valued at $30 billion, and have made omnichannel payments a reality across various gaming sectors.

Sightline now partners with over 70 companies in the casino, digital gaming, horse racing, and lottery sectors across 44 states, continually striving to enhance their offerings. Co-founder and CEO Omer Sattar emphasizes this forward momentum: "As the gaming industry evolves, we remain dedicated to our core mission of driving payment innovations. This focus allows us to uphold our 15-year legacy while introducing cutting-edge fintech advancements to the gaming sector. I want to extend my gratitude to all our investors whose support remains instrumental to our mission."

Sattar also noted the strategic significance of the Dominelli brothers' involvement in the Board: "Their extensive expertise and leadership from NRT Technology position us well to accomplish our ambition of redefining payment experiences in the gaming sphere."

Echoing this sentiment, John Dominelli expressed his excitement about his new role: "As an early investor in Sightline, I've witnessed its potential to change the game when equipped with the right resources. I'm thrilled at the opportunity to guide Sightline toward future innovations in payment solutions tailored to the gaming industry."

Walter Kortschak, a senior advisor at Summit Partners and a long-time investor and Board member of Sightline, commended the company's pioneering spirit. "For over a decade, Sightline has consistently introduced groundbreaking payment solutions. The current landscape is ripe for innovation in the gaming industry, and I am confident that Sightline will continue to lead the way with the same visionary approach that has defined its journey."

About Sightline Payments

Sightline Payments is at the forefront of transforming the gaming industry with state-of-the-art financial technology solutions. As a leading provider of digital payment technology, the company enhances gaming operators' capabilities with seamless, secure, and omnichannel payment experiences. With a profound understanding of consumer behavior and regulatory requirements, Sightline delivers innovative, compliant, and scalable solutions that not only boost operational efficiency but also elevate the overall patron experience. Trusted by over 70 partners in 44+ states, Sightline is setting new standards in how payments shape the future of gaming.