Sightline Continues Momentum Following $1 Billion Valuation
LAS VEGAS (November 17, 2021) — Sightline Payments, the US sports betting and casino gaming market’s leading digital payments provider, today announced it ranked as the 217th fastest growing company on the Deloitte Technology Fast 500™. Sightline is the only Las Vegas-based company and the sole representative from the gaming industry to make this year’s list.
Sightline leverages award-winning patented technology to apply cutting edge solutions to an industry projected to grow to more than $150 billion in the next few years. Sightline is Nevada’s first FinTech unicorn and has more than 1.5 million cardholders on its proprietary Play+ solution. The company’s 70+ operator partners include leading sports betting and online casino brands nationally. In 2021, Sightline launched table games and slots digital payment options alongside casino resort cashless solutions.
“Each year the Technology Fast 500 shines a light on leading innovators in technology and this year is no exception,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “In the face of innumerable challenges resulting from the pandemic, the best and brightest were able to pivot, reinvent and transform and grow. We celebrate the winning organizations and especially the talented employees driving their success.”
Sightline’s technology provides players with the ease of cashless payment options while creating a safer and more efficient payment ecosystem for gaming operators. Sightline is the only payments company providing cashless solutions for all aspects of the integrated casino resort.
“It’s been a historic year for Sightline ushering in a new era of cashless wagering in our space, and this recognition further validates our ability to continue leading the gaming and hospitality industries through its digital transformation,” said Sightline Co-CEO Joe Pappano.
“The pandemic has underscored the urgent need for tech solutions in a variety of areas across health care, fintech, energy tech, entertainment, to name a few, so reliance on innovators like the winners of the Technology Fast 500 is more important than ever,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit & assurance practice. “These companies are not only at the cutting edge, transforming the way we do business, but most importantly, recognize the strategic importance of ongoing innovation, especially in the ever-changing world of technology.”
The Deloitte Technology Fast 500™ is a ranking of the 500 fastest-growing companies in North America, now in its 27th year. This is the second time Sightline has been named to Deloitte’s Fast 500, with the previous honor in 2019.
About Sightline Payments
Sightline Payments is the U.S. sports betting and casino gaming market’s leading digital payments provider and mobile app developer. Sightline leverages cutting-edge technology to apply modern solutions to a traditionally cash-based industry projected to grow to more than $150 billion in the next few years. Sightline’s Play+ solution gives consumers a safe, secure, and responsible way to fund their online and in-person gaming activities and enables casinos to offer cashless wagering options across the entire property. With more than 1.5 million accounts and 70+ partners across the sports betting, lottery, racing, and online and brick-and-mortar casino markets, Sightline is uniquely positioned to transform the traditional gaming landscape. Learn more at SightlinePayments.com.
About the 2021 Deloitte Technology Fast 500™
Now in its 27th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2017 to 2020. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000 and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
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