Payments supplier Nuvei has announced the approval of its wholly owned subsidiary by the Connecticut Board of Consumer Protection, having been granted its online gaming service provider vendor registration in Connecticut.
This go-ahead will allow Nuvei to support sports betting and iGaming operators within the state, providing expertise and technology to Connecticut’s online gaming operators.
Alongside this, the agreement will offer payment processing technology, including a revenue optimisation suite, net deposits, real-time fraud detection, risk management and instant payouts. In addition, it will also include streamlined pay-ins through a variety of payment methods including cards, ACH and alternative payments.
This acts as a seal of approval for processing sports betting and iGaming payments in the state.
Nuvei’s platform continues to expand its footprint with partnerships including 888 Holdings, SI Sportsbook, Carousel Group, Triplebet/Matchbet, PrizePicks and BetMGM.
Connecticut has been expanding its reach in all avenues, launching sportsbooks statewide. Recently, operator Rush Street Interactive (RSI) announced the launch of the PlaySugarHouse online sportsbook in Connecticut.
Rob Simmelkjaer, Chair of the Board of Directors of the Connecticut Lottery Corporation, added: “Our retail sportsbook launch should be right around the corner, also bringing a convenient experience for in-person players throughout the state.”