EML STRIKES UP PARTNERSHIP WITH EUROPEAN GAMING GIANT

EML STRIKES UP PARTNERSHIP WITH EUROPEAN GAMING GIANT

PAYMENTS solutions provider EML Payments Limited (ASX: EML) has entered into a multi-year agreement with Fortuna Entertainment Group.

The deal will see EML providing the gaming company with reloadable cards that can be used by customers to immediately access their winnings and put money back into their account.

Fortuna is the largest betting operator in central Europe and is regulated in all markets in which it operates.

EML will roll the program out initially in the Czech Republic and will expand through Europe if the program is successful.

"This is an exciting development for the EML business and we thank Fortuna for selecting EML to partner with and be the first operator to launch these cards in Europe," says EML Group CEO Tom Cregan (pictured).

"We look forward to working on the program launch and demonstrating the customer demand for our solution across multiple countries and markets."

During Fortuna's 20 year history the company has shaped itself as a leader in setting trends in the betting sector in Europe.

The gaming company was the first group to introduce online betting in Slovakia, the Czech Republic and Poland.

EML shares are trading down 1.57 per cent to $1.88 at around 2pm (AEST).

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