NRT Technologies, Inc., a wholly-owned subsidiary of NRT Technology Corp. (together, NRT) recently announced the successful completion of its acquisition of VisuaLimits, LLC (VL). On September 20, NRT and Sightline Payments announced an agreement to merge, with the combined entity to be called NRT Sightline (the Transaction). Following close of the Transaction, which remains subject to gaming regulatory approvals, Sightline’s CEO and Founder, Kirk Sanford, will assume the role of CEO of NRT Sightline. NRT’s current Founder, President and CEO, John Dominelli, will become chairman of NRT Sightline and will remain active in leading the overall company strategy with a keen focus on driving the technology roadmap.
The acquisition of VL complements NRT’s innovative and expansive payment product vision for casinos, which now includes VL’s unique 12-in-1 solution.
“Just in the last year alone VL has tripled its installed base and will finish this year with over 4000 ‘intelligent’ VL-Focus devices, adding some well recognized names to its roster of casino customers, including 8 of the top 10 Global casino operators,” said Dominelli. “And we couldn’t be happier with the people that will be joining NRT as part of this acquisition. They bring a real passion and unparalleled expertise to our organization that will truly enable NRT to Connect the Guest Experience across the entire casino resort.”
“The VL platform is like nothing else out there. We deliver actionable insights to operators, delivering tangible business improvements, transactional lift from payments, automated workflows, operational performance improvements and dynamic regulatory compliance. And operators love VL because our solutions consolidate the typical array of table games hardware to de-clutter and improve the overall ’look and feel’ of gaming tables,” said Ryan McClellan, VL’s co-founder and former COO who now takes on the role of SVP table game solutions for NRT.
“We have received such overwhelmingly positive feedback from operators about the VL product and this, coupled with the excitement of the recently announced VL integration with Sightline’s Play+ solution, convinced us that acquiring VL made more sense than continuing under a partnership arrangement,” said Michael Dominelli, VP product and marketing for NRT. “Ryan McClellan and his team have built a truly amazing product suite. The VL platform, along with our slot machine and redemption kiosk integrations, and pending merger with Sightline, will allow the combined entity to provide a frictionless payment experience throughout the entire casino ecosystem.”