Skip to content

adev space

Paysafe enters Massachusetts market

Posted on 30/03/2023

UK-based payments platform, Paysafe expands into the Massachusetts mobile sports-betting market.
Paysafe enters Massachusetts

This announcement makes Massachusetts the the 26th US state in which Paysafe offers its solutions to operators. 

With this expansion also comes the extension of multiple partnerships the payment supplier has with US operators.  

Draftkings and Paysafe have a ten-year partnership that spans twenty-one states that will continue in the Bay State. Additionally, the payment supplier’s eleven-year, twenty-one state partnership with Caesars Entertainment will also remain.  

Zak Cutler, president of Global Gaming at Paysafe, comments on his enthusiasm towards the expansion.  

“We’re excited to expand into Massachusetts, my home state and an important milestone in the evolution of the U.S. iGaming industry, with its passionate sports culture and pivotal industry role in the development of daily fantasy sports and now sports betting,” he says. 

“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 U.S. states.” 

Massachusetts sports betting success

The state’s sports betting history is young. The market officially opened up on January 31, 2023.

Already the state has reported a $2.0m betting revenue in opening month.

Additionally, its online operations opened up on March 10, 2023. DraftKings, FanDuel, WynnBet, Caesars, Barstool and BetMGM have already kicked off in the state.

Betr, Bally Bet, Fanatics and Betway are also anticipated to launch in the future.

Source: Read Full Article

Post navigation

❮ Previous Post: Nevada GGR up 11% year-on-year for February 2023 at $1.24bn
Next Post: American Gaming Association open letter: “Kentucky has an important opportunity” ❯

Online Casino News

l’Autorité de la Concurrence Validates Française des Jeux To Proceed With Purchase Of ZeTurf
21/09/2023
Football Frenzy Greets Ohio's Jan. 1 Sports Betting Launch
09/12/2022
BetMGM Poker Championship Carrying $2 Million Guarantee to be Held at ARIA in June
22/03/2023
Red Tiger launches new adventure-themed slot Monsters Unchained
28/07/2023
Star announces funding injection amid AU$1.26bn loss
25/02/2023
Checkd Group launches new FlashPicks sports betting app
22/05/2023

Online News

  • Online growth drives Lithuania H1 gambling revenue up 21.5%
  • EveryMatrix signs deal with Complitech for compliance tech support
  • PokerStars Players Championship Online: $3.5 Million Guaranteed for U.S. Poker Players
  • Colorado announces sports betting proceeds for April 2023, gross gaming revenue falling 27%
  • Are Crypto Casinos the Future of US Gambling?
  • Playtech extends exclusive SSBT deal with Paddy Power
  • Unveiling the Best Welcome Bonus Online Casinos to Try in 2023

Copyright © 2023 adev space.