Aristocrat forms partnership with Wave Crest

11 December 2013

LAS VEGAS -- (PRESS RELEASE) -- Leading land-based and online gaming technology supplier Aristocrat Technologies Inc. has entered into a strategic partnership with Wave Crest Group to launch an open-loop casino card. The project is aimed at improving the user experience for casino patrons and to provide casino operators with new payment and loyalty solutions to enhance the overall gaming and leisure experience.

The partnership will bring Wave Crest’s cutting-edge casino card technology to Aristocrat’s Oasis 360 customers across North America.

The card works in conjunction with a casino patron’s loyalty club card account and, due to technology integrations between Wave Crest and Aristocrat, combines a seamless payment experience with loyalty systems. The open-loop casino card will be issued by partner banks providing FDIC insurance over casino patron balances and will be powered by the Wave Crest enterprise payments platform.

The purpose of the card is to provide casino patrons with a convenient and secure way to electronically fund their loyalty club account from a single external source and to access their gaming winnings and other available funds through their casino card, enabling spend wherever open-loop prepaid cards are accepted. It also provides casino operators with a superior solution and integrated experience for their patrons while significantly reducing cost and risk associated with cash handling.

The casino card allows casino patrons to manage their gaming and leisure spending with a convenient and secure solution. As a General Purpose Reloadable prepaid card, it offers features that enable individual users to load and unload funds through their bank account, credit/debit cards and loyalty club personal banker account. The casino card can also be used to make retail and online purchases and to withdraw cash from ATMs. Users can also transfer funds between their casino card account and loyalty club personal banker account in real time. In addition, the casino card comes with an intuitive online account management system and a mobile application for Android and iOS based phones.

Aristocrat Vice President of Product Strategy Daniel De Waal said, “At Aristocrat we are transforming the game, and now with this new agreement with Wave Crest, we are transforming the way casino patrons pay for their gaming experience. That relentless quest of new and innovative technologies separates Aristocrat from our competitors and adds value to our casino operator customers. Further, the casino card helps to enhance the patron experience by delivering a total gaming experience unlike any other, and it can help to reduce the amount of cash the operator needs to keep on hand.”

Wave Crest Vice President of Business Development Jeremy Gies added, “The casino card provides players with an open-loop GPR card account for a seamless gaming and entertainment experience. Its advanced technology allows for easy transfer of funds between the card account and the casino cashier, and it can be used interchangeably to fund casino loyalty accounts or as a network-branded payment card. Above all, it provides players with one card account for all entertainment spend that provides convenience, security, privacy, and flexibility.”

Aristocrat’s sophisticated and technologically advanced Oasis 360 casino management system was cited as the most widely used system in North America in the 2013 Goldman Sachs Slot Manager Survey.

Related Links
Aristocrat Technologies, Inc. Gaming Vendor Information

Featured Vendors
Slot Machines Unlimited
.Dot-iGaming.com
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
.Dot-iGaming.com
Fully loaded advanced casino platform. One time (low) fee, 100% your property, start now!
Imagine This
TOP ONE TECH LIMITED
Imagine This
Imagine This #1 Source for Player Gifts. Over $50 million in stock ready to ship! Let us serve you!
TOP ONE TECH LIMITED
GLOBAL TOUCH SOLUTION PARTNER OF CHOICE,10+ years OEM manufacturing,100+ thousand units application
Broadband Hospitality
Talisman Group Creators of EZ Baccarat
Broadband Hospitality
Improve these critical guest-facing amenities: In-room TV, Wi-Fi, Mobile App. Priced right. All here
Talisman Group Creators of EZ Baccarat
With over 800 tables in 150+ casinos, EZ Baccarat is the number one brand in baccarat.
New Level Radio
Casino Schedule Ease
New Level Radio
Your Casino. Your Music. Your Message.
Casino Schedule Ease
Full Featured & customizable for the complex scheduling needs of table games & other casino depts
Rymax Marketing Services, Inc.
AmericanChecked
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
AmericanChecked
Background checks for the gaming industry with key & non-key packages & fingerprinting solutions
Betson Imperial Parts & Service
Sunkist Graphics, Inc.
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
Casino Network
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands


Your Guide to 15,292 Gaming Industry Suppliers