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OnlineSports Betting

BetSaracen selects PayNearMe’s payment platform

MoneyLine, the payments solution from PayNearMe, has been chosen by BetSaracen as the wagering platform for its new online sports betting app. 

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PayNearMe recently received approval from the Arkansas Racing Commission to operate across the state, with Saracen Casino Resort becoming its first gambling client in the region. 

The MoneyLine platform acts as an intermediary between the gambling company and the customer’s bank account, allowing for speedier deposits and withdrawals. The platform is also compatible with the likes of PayPal and other digital currency solutions. 

Saracen Casino Resort CMO Carlton Saffa commented: “With MoneyLine, we are giving our players the option of the fastest and most convenient way to make deposits using their favourite digital payment types, or cash, at participating retail locations in Arkansas. 

“Additionally, MoneyLine’s integration with Amelco, BetSaracen’s sports betting platform, makes it easy to provide our players with additional deposit and withdrawal channels in the future, including the forthcoming ability to make real-time, cardless cash withdrawals at ATMs.” 

PayNearMe now operates across 19 US states, following its licence approval in Arkansas. It claims to have partnered with 16 of the 17 largest online casinos in the US, including FanDuel, BetMGM and Caesars Sportsbook.  

PayNearMe VP and General Manager Leighton Webb said: “We’re excited to offer our best-in-class iGaming payments platform to Arkansas operators and partner with Saracen to deliver player-preferred tender types, including PayPal, Venmo and cash. 

“We look forward to being able to further expand its payment options as it grows, while helping Saracen manage costs and maximise revenue.” 

Saracen Casino Resort, which recently launched the BetSaracen sports betting app, is an 80,000 square-foot facility, featuring 45 table games, a poker room, a retail sportsbook and a sports bar.

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