- Companies
- Sightline Payments
Sightline Payments Valuation, Funding & Investors
Sightline Payments is valued at $1B as of August 2021.
Last Sightline Payments valuation
$1B
Undisclosed stage · Aug 2021
Last Sightline Payments funding round
$244M
Undisclosed stage · Aug 2021
Cumulative funding Sightline Payments raised
$347M
across 4 funding rounds
Key investors in Sightline Payments
Kortschak Investments L.P.
Walter Kortschak
Cannae Holdings
Genting
Point Break Capital Management
Vectr Ventures
About Sightline Payments
Sightline Payments is a Henderson-headquartered provider of digital payment solutions for gaming and sports betting. Its Play+ platform enables cashless transactions across online, mobile, slots, table games, and sports wagering at major casino resorts and lotteries like Golden Nugget and BetMGM. Recognized as a leading gaming technology product, Play+ integrates with hospitality systems for seamless consumer experiences.
Founded
2010
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Commission
Valuation
$1B (Aug 2021)
Sightline Payments Valuation
Sightline Payments is currently valued at $1B, based on its undisclosed-stage round in August 2021.
The $244M round was led by Cannae Holdings, with participation from Genting, Point Break Capital Management and Walter Kortschak.
Sightline Payments' valuation has moved from $1B at its undisclosed-stage round in April 2021 to $1B in August 2021, across 2 priced rounds.
Sightline Payments valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Aug 2021 | Undisclosed stage | $1B |
| Apr 2021 | Undisclosed stage | $1B |
Sightline Payments Funding History
Sightline Payments has raised a total of $347M across 4 funding rounds.
Sightline Payments' first fundraising round was a $3M seed round in September 2016. The most recent completed round was a $244M undisclosed-stage round in August 2021.
Sightline Payments funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2021 | Undisclosed stage | Cannae Holdings (lead); Genting; Point Break Capital Management; Walter Kortschak | $244M | $1B | Sightline Payments, a Las Vegas-based fintech founded over a decade ago by Omer Sattar, Tom Sears, and Kirk Sanford, provides secure payment solutions for online gaming, starting with New Jersey's 2013 launch, and has expanded into omni-channel cashless solutions for the gaming, sports, and entertainment industries. The company recently powered cashless offerings at Resorts World Las Vegas, partnered with Marker Trax for credit funding in sports betting, and acquired JOINGO, a leading casino mobile engagement and loyalty platform, to enhance its capabilities in casino gaming and hospitality. On August 17, 2021, Sightline completed a $244 million unattributed funding round led by Cannae Holdings, with participation from existing investors Genting Group (also referred to as Genting Berhad), Point Break Capital Management, and founding investor Walter Kortschak, achieving a post-money valuation over $1 billion and becoming Nevada's first fintech unicorn. This marked the company's second major raise in 2021, following a $100 million round in April that included Searchlight Capital Partners, with funds aimed at accelerating growth, digital transformation in North American gaming, and team expansion including new C-suite hires like CFO and Chief Legal Officer. Cannae Holdings Chairman William P. Foley II expressed strong confidence in Sightline's technology after its Resorts World deployment, positioning it at the forefront of industry innovation. CEO Joe Pappano highlighted the investor support enabling transformation of payments in casino gaming and hospitality. Legal counsel was provided by Latham & Watkins LLP. |
| Aug 2021 | Angel | Kortschak Investments L.P. | $100K | - | - |
| Apr 2021 | Undisclosed stage | Cannae Holdings (lead); William Foley II (lead); Shift4 Ventures; Searchlight Capital Partners; Genting; Vectr Ventures; Point Break Capital Management; Walter Kortschak; Kortschak Investments L.P. | $100M | $1B | Sightline Payments is a fintech company providing digital payment solutions for the gaming industry, enabling secure funding for online gaming experiences across sports betting, lottery, racing, online and brick-and-mortar casinos. Founded over a decade ago by Omer Sattar, Tom Sears, and Kirk Sanford, it launched with New Jersey's online gaming in 2013 and has grown to serve over 70 partners with more than 1.5 million accounts. The company focuses on transforming payments in casino gaming and hospitality through omni-channel cashless innovations. Just four months later in August 2021, Sightline announced a follow-on $244 million round led by Cannae Holdings (chaired by William P. Foley II), with participation from Genting Group, Point Break Capital Management, and founding investor Walter Kortschak (Kortschak Investments L.P.), valuing the company at over $1 billion and making it Nevada's first fintech unicorn. Funds from the August round were intended to support growth and execute the vision for digital transformation in gaming payments. Sightline expanded through the acquisition of JOINGO, a leading mobile engagement and loyalty platform for casinos. By 2023, Cannae reported a 9% indirect economic interest in Sightline (then called CSI) valued at $86 million. |
| Sep 2016 | Seed | Kortschak Investments L.P. (lead) | $3M | - | - |
Who has invested in Sightline Payments?
9 investors have backed Sightline Payments across its funding rounds, including Kortschak Investments L.P., Walter Kortschak, Cannae Holdings, Genting, Point Break Capital Management and Vectr Ventures.
Lead investors include Cannae Holdings, William Foley II and Kortschak Investments L.P..
Sightline Payments Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Sep 2016 | ||
| 2 | Participant | Apr 2021 | ||
| 2 | Participant | Apr 2021 | ||
| 2 | Participant | Apr 2021 | ||
| 2 | Lead | Apr 2021 | ||
| 1 | Participant | Apr 2021 | ||
| 1 | Participant | Apr 2021 | ||
This data is available for Pro users. Sign up to see all 9 Sightline Payments investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Sightline Payments
Sightline Payments has acquired 2 companies to date.
Last acquisition by Sightline Payments was on June 9th 2021. Sightline Payments acquired JOINGO for undisclosed valuation.
Latest Acquisitions by Sightline Payments
| Description | - | NRT Technology Corp is a Las Vegas-headquartered provider of payment processing solutions for the casino industry worldwide. The Centre Payment Systems platform enables ATM access, credit advances, debit POS, and check cashing at cages and kiosks. NRT offers jackpot and ticket redemption software integrated with financial networks. Established in 1999, it serves properties in Nevada and Macau. |
| HQ Country | ||
| HQ City | Las Vegas, NV | Toronto |
| Deal Date | 9 Jun 2021 | 20 Sep 2017 |
| Valuation | undisclosed | $300M |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Sightline Payments acquisitions and their M&A valuation multiples. Start Free Trial | ||
Investments by Sightline Payments
Sightline Payments has invested in 1 company to date.
Latest investment by Sightline Payments was on March 25th 2026. Sightline Payments invested in Advanced Digital Gaming Technology in their $250M Undisclosed stage round.
Latest Investments by Sightline Payments
| Description | Advanced Digital Gaming Technology (ADGT) is a UAE-based fintech platform offering payments and data intelligence for regulated digital markets, including commercial gaming. |
| HQ Country | |
| HQ City | Abu Dhabi |
| Deal Date | 25 Mar 2026 |
| Round | Undisclosed stage |
| Raised | $250M |
| Investors | Blackstone; Raya Holding; NRT Technology Corp |
| Valuation | $1B |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Sightline Payments investments and their VC round multiples. Start Free Trial | |
Sightline Payments Competitors
Sightline Payments competitors include listed companies like Deluxe and Worldline, and private ones like Advanced Digital Gaming Technology, EBANX, Interswitch and Lydia.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Private | $300M | - | $1B | 3.3x | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $2.1B | $379M | $1.1B | 1.2x | ||
| Publicly listed | $4.6B | ($5.2B) | $887M | 0.7x |
Sightline Payments Public Comps
Sightline Payments is still privately-owned, but its public comps include Deluxe, Worldline, PicPay, Fawry, Digital Garage, PaySign, SLR Digital Finance, Seshaasai, SZZT Electronics Co and LINE Pay Taiwan.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $2.1B | $379M | 1.2x | 1.2x | 6.7x | 5.6x | |||
| $4.6B | ($5.2B) | 0.6x | 0.7x | (0.6x) | 3.8x | |||
| $1.2B | $205M | 1.0x | 0.5x | 6.0x | 3.8x | |||
| $166M | $73M | 6.8x | 5.2x | 15.4x | 9.6x | |||
| $263M | $51M | 1.9x | 1.9x | 10.0x | 10.3x | |||
| $82M | $16M | 8.3x | 6.4x | 43.3x | 20.7x | |||
| $224M | $219M | 6.2x | 6.9x | 6.4x | - | |||
| $150M | $41M | 3.9x | 3.7x | 14.4x | 14.2x | |||
This data is available for Pro users. Sign up to see all Sightline Payments competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Sightline Payments
| When was Sightline Payments founded? | Sightline Payments was founded in 2010. |
| Where is Sightline Payments headquartered? | Sightline Payments is headquartered in Las Vegas, NV, United States. |
| Is Sightline Payments publicly listed? | No, Sightline Payments is a private, VC-backed company. |
| What is Sightline Payments' valuation? | Sightline Payments was last valued at $1B in its undisclosed-stage round in August 2021. |
| How much funding has Sightline Payments raised? | Sightline Payments has raised $347M across 4 funding rounds. |
| What was Sightline Payments' last funding round? | Sightline Payments' last funding round was a $244M undisclosed-stage round in August 2021, led by Cannae Holdings. |
| Who are Sightline Payments' investors? | Sightline Payments' investors include Kortschak Investments L.P., Genting, Point Break Capital Management, Walter Kortschak, Cannae Holdings, Shift4 Ventures, Searchlight Capital Partners, Vectr Ventures and William Foley II. |
| Which companies are comparable to Sightline Payments? | Companies comparable to Sightline Payments include Advanced Digital Gaming Technology, EBANX, Interswitch, Lydia, Deluxe and Worldline. |
| How many companies has Sightline Payments acquired? | Sightline Payments has acquired 2 companies, including JOINGO and NRT Technology Corp. |
| What was the largest acquisition by Sightline Payments? | The $300M acquisition of NRT Technology Corp in September 2017 is the largest acquisition Sightline Payments has made to date. |
| How many companies has Sightline Payments invested in? | Sightline Payments has invested in 1 company, including Advanced Digital Gaming Technology. |
| What was Sightline Payments' last investment? | In March 2026, Sightline Payments invested in Advanced Digital Gaming Technology's $250M undisclosed-stage round alongside Blackstone, Raya Holding and NRT Technology Corp. |
See companies similar to Sightline Payments
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




