The largest gambling hall in South-East Europe, Game World Bucharest Mall Vitan, is implementing OKTO’s cashless, mobile-first, responsible payments as part of its high-end renovation. Initially offered on a certain number of slot machines, the OKTO.WALLET payment software and platform will eventually be made available on all slot machines and electronic roulettes at the main venue, and then across the whole Game World network.
Game World’s new offering in the region is made possible by OKTO, a leader in electronic money services and payment solutions for the gaming industry. The launch is a major development in the entertainment industry’s continuous digital transformation in Romania, as it will encourage the use of digital payment solutions and give clients a safe, easy-to-use, versatile, and reasonably priced digital wallet to handle their finances from anywhere.
OKTO’s Chief Commercial Officer, Simon Dorsen, had this to say about the relationship: “This is another important partnership and one that we are immensely thrilled to finalize with Game World, one of the most regarded and recognized operators in the Romanian gaming market. OKTO considers Romania a key strategic market and plans to maintain its investment presence there.
We’re thrilled to be the first to offer cashless payment solutions optimized for mobile devices in this massive and strategically vital sector. OKTO.WALLET meets the requirements of operators, regulators, and players alike. Our software-based solution appeals to a younger adult market because it delivers a seamless digital experience, which increases consumer engagement, attracts new players, and boosts business for gaming venues.
The OKTO solution not only meets the stringent digital expectations of today’s consumers, but it also complies with the standards established by authorities in terms of safer gambling.
Attila Otto Török, Game World Romania’s Strategy Director, says, “One of our main goals is to strengthen our leading position on the local market by constantly coming up with innovative actions in Romania and offering our customers the best entertainment experience and options to play, simply and easily.”
Everything we do is customer-driven, and we give them as many choices as they want. It’s common knowledge that today’s consumers want a digital shopping experience that is quick, easy, and trouble-free. We agree wholeheartedly with what OKTO stands for as an organization. With OKTO’s industry-leading digital payment system, we can provide our customers with safe and secure payment options that are in line with our responsible gaming pledges and government regulations.
OKTO.WALLET enables customers to instantly and safely add funds from their mobile devices via the OKTO app to gambling machines, online, or any other touchpoint, and withdraw their profits to their OKTO account. OKTO facilitates quick and painless mobile onboarding (KYC), and it allows users to fund their accounts at no fee using a variety of methods (including instant bank transfer, card-in, and wire transfer). In addition, the OKTO app makes users’ lives better through incentive programmes and the ability to give and receive money for free between pals.
In addition, OKTO.WALLET is an open loop that allows players to rapidly transfer and spend their funds however they see fit, and as a universal wallet, it can be used for purchases in any online store, not just in video games.
The wallet is outfitted with a responsible gambling toolkit, including all the major levels of safer gaming: age verification, gaming/betting limits, betting time-out period, P&L calculator, problem gambling helplines, and alignment with social responsibility, all with the goal of protecting the user and the operator and meeting the modern requirements of gaming regulators.