Published
OnlineFinancialMergers & Acquisitions

Nuvei announced as new payments provider for BetMGM

Nuvei Corporation has signed an agreement with BetMGM to become its new payments partner.

moneyyyyyy

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."

Premium+ Connections
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Mohegan
Mohegan Inspire
DraftKings
The Star Entertainment Group
Follow Us

Company profile: Growe Partners

Dominate the Sports Betting Affiliate Arena with Growe Partn...

Company profile: GR8 Tech

The sportsbook provider discusses turning sportsbooks into a...

Analysing sports betting data from the African Cup of Nations 2024

Sports betting supplier Betby provides Gambling Insider with...

LiveScore Group: Football’s changing relationship with fans

Gambling Insider delves deeper into LiveScore’s Evolution...