Koin Payments Company Profile – Cashless Technology for Gaming Operators
About Organisation
Brief Overview
Koin Payments offers a fully integrated mobile wallet and cashless wagering platform. Designed for casinos and resorts, its technology facilitates real-time funding, play, and redemption, all without physical cash.
Mission and Business Focus
| Mission | To deliver configurable, secure payment technology that enhances player experience and streamlines operator systems. |
| Business Model | B2B platform licensing. Koin’s Payment Network operates as a closed-loop system that links player wallets to approved casino systems. |
Company History & Founders
Year Founded and Evolution
| 2021 | Company founded by Gary Ellis. |
| 2022 | Launch of core mobile wallet and cashless wagering product. |
| 2024 | Secured reinvestment from Euronet Worldwide and deepened integrations with Marker Trax. |
Key People / Founders
| Gary Ellis | Founder & CEO |
| Gary Larkin | President |
| Mark Hemmerle | Chief Legal Officer |
Licensing & Regulatory Info
Active Gaming Licences
Koin does not directly hold gaming licences but operates through licensed partners and technology compliance measures.
Regulatory Bodies & Compliance Measures
| Banking Compliance | Partners with Sutton Bank (FDIC member) to provide insured fund flows. |
| Gaming Regulatory Alignment | Systems developed in compliance with state and tribal gaming regulations. |
| Mastercard Licence | Koin products issued under Mastercard authorisation. |
Offices & Headquarters
Main Office Locations
| Primary HQ | 4100 W Flamingo Rd, Suite 2100, Las Vegas, NV 89103, USA |
| Secondary Office | 13825 Lakewood Heights Blvd, Cleveland, OH 44107, USA |
Global Reach
Though headquartered in the U.S., Koin actively partners with tribal gaming entities and plans international expansion in support of global operators adopting cashless play.
Business Partnerships
Platform and Financial Providers
| Sutton Bank | Banking provider offering FDIC-insured services |
| Mastercard | Card network enabling secure digital transactions |
| Euronet Worldwide | Strategic investor offering fintech infrastructure and scale |
Operator & Affiliate Networks
| Baldini’s Sports Casino | Cashless deployment partner – Nevada |
| Emerald Island Casino | Integration partner – Nevada |
| TribalHub | Tech access enabler for tribal gaming operators |
Contact Details
Company Address
HQ Address: 4100 W Flamingo Rd, Suite 2100, Las Vegas, NV 89103, USA
Website: https://koinpayments.com
Email / Phone
| Contact | Business inquiries via web form |
| Demo Access | Request available through official site |
