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SCCG and Magellan enter partnership for gaming payments

Agreement focuses on treasury operations and cross-border payouts for regulated gaming markets.

3 min read
SCCG and Magellan enter partnership for gaming payments
Key Points
SCCG will support Magellan’s expansion across regulated gaming jurisdictions
The partnership focuses on treasury management and international payout processes

SCCG Management has announced a partnership with Magellan just after the company appointed Aviram Alroy as head of iGaming. Under the agreement, SCCG will assist Magellan with market access, distribution and business development across regulated iGaming and sports betting jurisdictions. 

Initial regions of focus include the United States, Canada, Mexico, Brazil, Argentina, Australia, Asia and several European markets.

Magellan provides a treasury platform intended to support gaming operators managing international payments and liquidity. The system is designed to address operational issues such as delayed player withdrawals, restricted access to capital and cross-border settlement inefficiencies. 

Unlike traditional payment processing models that rely on card networks and multi-day settlement periods, Magellan operates as a consolidated treasury solution. The platform supports multi-currency collections, local payouts, FX conversion, stablecoin compatibility and same-day reconciliation, offering operators greater visibility over cash positions and settlement timelines.

SCCG will provide industry access and advisory support to introduce the platform to gaming operators seeking alternatives to existing treasury and payment arrangements. Magellan will supply the underlying infrastructure used to manage payouts and international fund flows.

Just recently, SCCG Management has extended its partnership with Golden Whale to support operators in using predictive machine learning to enhance player engagement, retention and bonus efficiency.

Separately, SCCG is backing a regulator-ready digital initiative with Vanguard Strategies in the US lottery market, aimed at expanding digital engagement and revenue within existing regulations.

Good to know

The platform enables local player payouts within minutes and international fund transfers within 24 hours through the use of local payment rails and foreign exchange routing

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