Global Payments to Acquire Gaming Assets from Certegy Check Services

Proquest LLC

Global Payments reported that it has entered into a definitive agreement to purchase gaming assets from Certegy Check Services, a subsidiary of Fidelity National Information Services FIS, related to its business for licensed gaming operators.

According to a media release, this acquisition will be highly complementary to Global Payments' gaming business and will expand its existing suite of products and solutions.

"We are delighted to have entered into this strategic agreement with FIS to significantly expand our direct distribution in the United States gaming vertical," said Global Payments' President and Chief Operating Officer, David E. Mangum. "This acquisition and partnership allows us to cross sell our full suite of products to these acquired customers and enhance our value proposition, while leveraging FIS' industry-leading scale and capabilities in risk management."

Anthony Jabbour, EVP, North America, FIS said, "We are confident this move will also align our gaming clients with a top-tier partner that will continue to meet their payments needs."

More information and complete details:

www.globalpaymentsinc.com