FABICash, an award-winning supplier of reliable cash-access and Title 31 AML compliance services to the casino industry, has partnered with Secure Trading, the No. 1 online gateway in the world, to jointly develop FABISport, an online sports betting solution for casinos.
FABISport features a MasterCard-branded, prepaid card for players to fund both their casino play and online sports betting wallets. Secure Trading will be providing its high-performance, end-to-end funding management and reconciliation solution, which is able to improve security and player engagement, reduce costs, generate revenue and retain customers.
FABISport reduces the need for cash in the casino at both the cage and kiosk, providing improved security for the casino and its players. With a cashless wagering system at the slots, funds can be moved off of the prepaid card onto the cashless wagering account in the slot machine. The player can also use the prepaid card for purchasing chips at a table game. The pit boss uses a handheld POS device with FABI’s app for moving funds off of the card. Notably, the FABITrack Title 31 and AML Compliance reporting application integrates with FABISport, tracking player activity for online and on-premise play.
FABISport not only presents an additional revenue source for the casino, but it also creates customer loyalty. Winnings are immediately transferred to the prepaid account and players can remain in the game even when they leave the casino. The MasterCard prepaid card can be loaded at many locations and used for dining, retail, etc., including cash withdrawals at ATMs. In addition, the prepaid card allows for funding both the casino wallet and online sports betting wallet.
For more information, visit FABICash at Booth 1820 at G2E 2018 or visit fabicash.com.