Business
GBank Financial Holdings Inc. Pleased to Welcome Resorts World as a Bank of George Strategic Partner
LAS VEGAS, June 24, 2021 /PRNewswire/ -- GBank Financial Holdings Inc. ("GBank" or the "Company") (OTCQX: GBFH), the parent company for Bank of George (the
About this update from Gbank Financial Holdings Inc.
[{"type":"text","content":"LAS VEGAS, June 24, 2021 /PRNewswire/ -- GBank Financial Holdings Inc. (\"GBank\" or the \"Company\") (OTCQX: GBFH), the parent company for Bank of George (the \"Bank\"), is pleased to welcome Resorts World as a strategic partner of the Bank of George Fintech Division. From its website, Resorts World is \"the first integrated resort to be built on the Las Vegas Strip in over a decade\", and \"will seamlessly blend the technology and luxury appeal of an urban contemporary resort with the traditions and time-honored details of the international Resorts World brand.\" \n\"Bank of George is an important banking engine for the Sightline Payments cashless-system being unveiled at the Resorts World Las Vegas grand opening on June 24, 2021,\" stated Edward M. Nigro, Executive Chairman of GBank Financial Holdings Inc. and Bank of George. \nIn a Bloomberg article, Joseph Pappano, CEO of Sightline Payments, a FinTech company specializing in digital payments solutions for the sports betting and casino markets, said \"Guests who download the Resorts World app and fund their digital wallet can generate a QR code that can be scanned by dealers at the blackjack tables.\" \nThe full Bloomberg article can be found here: \nhttp://a.msn.com/00/en-us/AALkoOx?ocid=se\nThrough its contract with BankCard Services, LLC, Bank of George has been providing the banking solutions for Sightline Payments since 2016. \"We couldn't be more pleased to be in this strategic partnership with both Sightline Payments and Resorts World,\" said T. Ryan Sullivan, President/CEO of GBank Financial Holdings Inc. and Bank of George. \nAbout BankCard Services, LLC \nBankCard Services, LLC entered into an agreement with Sightline Payments in 2014 to provide Bank of George as a sponsor bank to enable Sightlines Play+ cashless solutions for the gaming industry. Today, the Sightline/BankCard Services, LLC/Bank of George partnership services over 700,000 accounts at Bank of George with over $1.1 billion in transactions since the Play+ sports betting launch in Nevada. \nBank of George, a subsidiary of GBank Financial Holdings Inc (GBFH), and BankCard Services, LLC also launched the Oregon State Lottery online sports wagering program with SB Tech, World Pay (FIS) and Sightline Payments in 2018 with the development of BankCard Services, LLC's proprietary \"Player Information Manageme...