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Paysafe launches with DraftKings and Caesars in Massachusetts

Paysafe, a payments platform, has announced its expansion into the Massachusetts mobile sports betting market.

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Following the legalisation of online sports betting on 10 March in Massachusetts, Paysafe is now providing its payment processing and cash solutions to multiple sportsbooks in the state.

By using Paysafe’s payment gateway, customers who play through sportsbook apps can also make deposits from their debit cards.

Operators will also be able to access the Paysafe platform, which hosts a number of alternative payment options (APM) and third-party solutions.

This extension of Paysafe’s jurisdictions also supports the company’s current dealings with DraftKings and Caesars, who are also live in Massachusetts.

Paysafe initially partnered with Caesars in 2012 and DraftKings in 2013, and both span 21 states in the US.

Zak Cutler, President of Global Gaming at Paysafe, said: “We’re excited to expand into Massachusetts, my home state and an important milestone in the evolution of the US iGaming industry, with its passionate sports culture and pivotal industry role in the development of daily fantasy sports and now sports betting.

“We’re also proud to extend our longstanding relationships with several major sports-betting partners into this new market, and we look forward to helping them maximize their player acquisition and retention in Massachusetts, just as we’ve done in multiple other US states.”

Massachusetts marks the 26th jurisdiction in America that Paysafe operates within.

Elsewhere, Encore Boston Harbor has announced a partnership with Boston Red Sox "just in time for opening day." To celebrate the occasion, Encore made a $25,000 donation to each team’s charitable foundation.


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