Nuvei Corporation has signed an agreement with BetMGM to become its new payments partner.
With support in nearly 150 currencies, 40 cryptocurrencies over 500 local and alternative payment methods, the company aims to provide seamless payment experiences for BetMGM’s US clients and customers.
BetMGM offers sports betting and iGaming through its sportsbook app; Borgata Online, PartyPoker and PartyCasino. The entertainment company will leverage Nuvei's technology for payments, deposits and routing features to maximise and grow success rates in transactions.
Nuvei plans to extend its offering across every regulated jurisdiction in the US, with the payment provider already licensed in 16 states.
Nuvei’s portfolio of payment options, including credit and debit cards, digital wallets, ACH and eCash will be available to BetMGM. With the addition of being provided instant withdrawal options, including Real-time payments (RTP), which will be a success and a convenience to all players.
Philip Fayer, Nuvei’s Chair and CEO, said: "Our partnership with BetMGM further solidifies our technological prowess and deeply rooted expertise in iGaming.
“Our growing client base in the US sports betting market is a testament to our experienced team and robust platform. We look forward to expanding our partnership with BetMGM, improving player satisfaction and delivering an increase in conversion rates."