Stack Capital Holding Prove Identity Announces Strategic Partnership with BetMGM
TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Stack Capital Group Inc., (TSX:STCK and STCK.WT) is pleased to announce that Prove Identity, Inc. (“Prove”), an existing portfolio holding, has entered into a strategic partnership with BetMGM, a market-leading sports betting and gaming entertainment company which operates leading brands such as BetMGM, Borgata Casino, Party Casino, and Party Poker.
- TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Stack Capital Group Inc., (TSX:STCK and STCK.WT) is pleased to announce that Prove Identity, Inc. (“Prove”), an existing portfolio holding, has entered into a strategic partnership with BetMGM, a market-leading sports betting and gaming entertainment company which operates leading brands such as BetMGM, Borgata Casino, Party Casino, and Party Poker.
- Pending regulatory approval, the partnership will allow BetMGM to utilize Prove’s Pre-Fill® identity solution across its entire sports betting platform, including all of MGM’s U.S. land-based and online sports betting, major tournament poker, and online gaming businesses.
- Accelerated customer onboarding, enhanced security, and an improved overall customer experience are some of the benefits that Prove’s Pre-Fill® identity solution will provide, enabling BetMGM to deliver a seamless and more secure betting platform for its customers.
- “Partnering with BetMGM, a leader in digital sports betting and casino services, represents a meaningful milestone for Prove,” said Jeff Parks, CEO of Stack Capital.