Case Study: CueSports International Achieves Fast, Compliant Prize Payouts with Payment Labs

CueSports Distributes $1 Million In Prize Money In 11 Days

CueSports International, an organizer of global amateur and professional pool tournaments, faced a highly manual and problematic prize payout process. Their challenge involved manually collecting tax information, issuing paper checks, and dealing with issues like check-washing, all while needing to distribute millions of dollars to winners across the globe. They partnered with Payment Labs to find a better solution.

Payment Labs implemented a fully automated payout solution to handle CueSports International's complex global prize distribution. The results were significant, with Payment Labs enabling CSI to distribute over $1 million to nearly a thousand winners in just 11 days. The automated system ensured compliance, provided winners with fast digital payments, and saved CSI considerable time on tax preparation. The impact included paying out over $3 million to 2,700+ athletes across 290+ tournaments in 11 countries.

CueSports International

Amy Kane

General Manager