Game Play Network (GPN) on Tuesday said it has entered into an agreement with Prizeout to integrate Prizeout’s withdrawal platform into GPN’s B2C website and mobile app, b spot.
The two parties said their relationship will provide more value power to b spot players by giving them a unique way to withdraw their winnings and account balances via digital gift cards issued by their favorite brands.
“We have been impressed that Prizeout shares GPN’s express commitment to innovation and optimization of the customer experience,” Sam Kiki, GPN’s Chief Commercial Officer, said in as statement. “By adding even more variety and flexibility to the ways we pay out player wins, we will undoubtedly strengthen GPN’s B2C business.”
Richard Blankenship, co-founder of Prizeout, added: “Joining forces with GPN is a natural fit. Implementing Prizeout as a payout option on GPN’s B2C igaming platform means more optionality and value on withdrawals. As players win, so do the brands they cash out with, and that is a win for us.”
Game Play Network describes itself as a Los Angeles-based igaming company with a patented software and technology platform that enables the reveal of real money wagers on live horse races in conjunction with casino-style games such as slots. GPN also is an advance deposit wagering company legally authorized to conduct internet wagering on horse races under the Federal Interstate Horseracing Act and applicable state laws. GPN conducts its B2C business via bspot.com and also enables third-party brands to offer real money mobile casino games in states where other forms of igaming are illegal. The company operates in 22 states with the ability to launch in up to 40 states.
Prizeout says it is an ad-tech company that works within the gaming, gig economy, payroll, neobank and finance industries to turn withdrawals into a growth solution for e-commerce and retail businesses. Prizeout operates as a digital cash-out marketplace and connects brands that are looking to acquire and retain customers with platforms that have users who are looking to withdraw funds. Through its exclusive partnerships, Prizeout offers users access to bonus offers on popular and emerging brands. The company was founded in 2019 and is headquartered in New York City.