Realex Payments announce deal with Boylesports

Boylesports added to the Company’s growing gaming portfolio

Realex Payments announced today that they have added Boylesports to its growing portfolio. The deal involves Realex Payments providing payment processing for Boylesports across a variety of channels, products, currencies, regions and card types.

Michael Bent, Finance Director at Boylesports said ‘’Realex Payments has a strong and growing reputation in the gaming space for delivering reliable, cost effective and innovative payment processing solutions. Payment processing is key to our business and we see Realex Payments as a long term partner, who will support our ambitious growth plans by delivering best of breed technology and service.’’

Commenting on the deal, Realex Payments Founder and CEO Colm Lyon said “The gaming sector has experienced considerable growth over the past decade and as a result operators now seek a partnership approach when implementing a payments solution. The experience we have gained over the past ten years in this sector has enabled Realex Payments to implement a solution for Boylesports that is a perfect example of this kind of collaborative approach working.”

Boylesports is Ireland’s largest independent bookmaker and one of the fastest growing brands in the betting industry today.  Boylesports offers an award winning online betting service which includes not only a wide ranging and extensive sports book, but also a full compliment of E-gaming products, including dedicated poker and casino sites, and an array of novelty markets.

Realex Payments has gained considerable expertise in the gaming sector, having worked with a number for large gaming companies over the past ten years. The Company announced deals with a number of key players in the sector earlier this year, including 32Red and Cryptologic.

Realex Payments recently celebrated a decade in business and just recently announced that its subsidiary company, Carapay, was awarded a Payments Institution licence. Carapay is the first company to be awarded the licence under the Payment Service Directive, and is an online payment account or payment instrument. Carapay will launch in early 2011.

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For further information, please contact: Tracy Glynn, Head of Corporate Marketing: 087-6684667