Paysafe expands services into New York online betting market

By Gambling Insider

Payments supplier Paysafe has expanded into the regulated New York sports betting market.

Using its payment gateway, Paysafe is now able to process online deposits and payouts for New York players with mobile sports betting brands.

The platform’s Income Access software is also powering numerous brands’ New York-focused affiliate programs.

In 2021, Paysafe established a payments footprint in numerous US states, including Arizona, Connecticut, Louisiana, Michigan, Montana, Virginia and Wyoming.

Zak Cutler, Paysafe’s new CEO of North America iGaming, commented: “Payments and affiliate marketing play essential roles in customer conversion and the growth of iGaming brands and the wider market.

“We’re proud to have supported the ongoing expansion of the North American online gaming space in 2021 through 2022, with our recent entry into New York – a pivotal market that will hopefully galvanise broader US state and Canadian provincial regulation.”

Brands like Fox Bet, Golden Nugget Online Gaming and PointsBet have already expanded their existing payments partnerships with Paysafe into a new state during 2021.

Other partners such as Fubo Sportsbook, PlayUp, SuperBook Sports and WynnBet have also announced agreements with Paysafe for traditional credit and debit card payments.

In Canada, Paysafe announced a payments agreement with PlayAlberta.ca. Other Canadian agreements with the platform include the Atlantic Lottery Corporation, BLCL, Loto-Québec and Ontario Lottery and Gaming.

TAGS:

Share This Post




More News

Catena Media has initiated a strategic review across certain areas of its business, in the same week the gambling affiliate posted record quarterly revenue.  The group posted Q1 revenue...






One of the US’ leading sportsbooks and iGaming operators, DraftKings, has just launched its products in Ontario, Canada’s first regulated market. Ontarians will now have access to the operator’s sportsbook app and...