RT Technologies, a division of NRT Technology Corp announced today that it has entered into a definitive agreement to acquire privately held eMarker. This transaction follows closely on the heels of NRT’s acquisition of VisuaLimits, and its announced merger with Sightline Payments.
The acquisition will further accelerate NRT’s worldwide expansion of cashless table game solutions through integration with its VisuaLimits table platform and Sightline’s Play+ cloud-based cashless funding platform.
Following receipt of all required gaming approvals, NRT and Sightline will combine to become NRT Sightline, a global supplier of next-generation commerce, mobile and big-data solutions to casino operators, and the only company truly able to “Connect the Guest Experience”.
eMarker provides electronic solutions for the issuance, processing, storage, redemption and repayment of casino markers. Developed in accordance with current gaming laws and regulations, it uses mobile technology to eliminate the cumbersome process of managing paper-issued casino markers, expediting the marker process for casinos and their patrons.
John Dominelli Founder and CEO of NRT said “By adding digitized marker capabilities to our VisuaLimits table platform, we are addressing the need to provide better and differentiated customer experiences by significantly reducing the time, cost and complexity associated with paper-based markers. eMarker will revolutionize the process by which markers are generated, redeemed and tracked, to the benefit of casino operators and their patrons. This is game changing technology and we’re very excited to bring it to our large base of casino partners.”
“eMarker’s secure solutions have helped some of the largest casino operators turn inefficient, paperbased workflows into streamlined electronic ones. Thompson and his team have built a robust platform that has processed nearly $2Billion in markers issued and hundreds of thousands of transactions” said Kirk Sanford, Founder and CEO Sightline Payments. “We see great demand for simple and secure ways to sign and manage markers on smartphones and tablets and this product is a perfect fit for our overall vision of a cashless gaming and commerce experience.”
Thompson Patterson, Founder and CEO of eMarker said “We are proud of what we have built, and we couldn’t think of a better group to capitalize on the potential of eMarker than John Dominelli, Kirk Sanford and their entrepreneurial management team. I wish them all the best in their bold vision and expect great things from NRT Sightline once the merger closes.”