EML payments (ASX:EML) in the US, has entered into a multi-year agreement with Hillside, trading as bet365 for the provision of a branded reloadable card program in the state of New Jersey.
The initial program in New Jersey is expected to launch in mid 2019 following regulatory approvals.
The contract includes the opportunity to expand the relationship if bet365 commence operations in other States.
The launch of the bet365 card in New Jersey, will be the 13th branded reloadable prepaid program in the gaming industry EML is managing across Australia, Europe, the United Kingdom and the United States of America.
Shares in EML payments (ASX:EML) are trading 8.05 per cent higher at $1.88.