Citing the American Gaming Association, Paysafe says Louisiana could be a $5.1 billion sports betting market when it reaches maturity.<\/p>\n
\u201cPaysafe is also optimizing Louisiana sportsbook customer conversions through the affiliate software of Income Access. Several Louisiana sportsbook operators, including Caesars Entertainment for its Caesars Sportsbook, are using the Income Access affiliate platform to track their affiliate programs,\u201d according to the statement.<\/p>\n
Last month, DraftKings became Oregon Lottery\u2019s exclusive sportsbook provider, paving the way for PaySafe to enter that state as well. In that state, bettors can fund DraftKings Sportsbook accounts through the operator\u2019s connection to Paysafe\u2019s payment gateway. Oregon isn’t a massive sports wagering market, but it adds to Paysafe’s scale.<\/p>\n
As of February 14th<\/sup>, 2022, the company supports approximately 75 percent of operators in the country with payments or marketing solutions across 21 jurisdictions,\u201d <\/strong>said the company.<\/p><\/blockquote>\nPaysafe is also the leading payments processor for gaming companies in Canada and Europe. In the former, the fintech company works with the bulk of that country’s top regulated iLottery and gaming brands.<\/p>\n","protected":false},"excerpt":{"rendered":"
Shares of Paysafe Ltd. (NYSE:PSFE) are rallying Monday. That’s after the provider of digital payments services said it’s now processing payments for sportsbook operators in Louisiana and Oregon. That new market access for the fintech company comes about because of prior relationships with Caesars Entertainment (Louisiana) and DraftKings (Louisiana and Oregon). In midday trading, Paysafe […]<\/p>\n","protected":false},"author":46,"featured_media":201465,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1074,16693],"tags":[],"acf":[],"yoast_head":"\n
Paysafe Gains Entry to Louisiana, Oregon Through Caesars, DraftKings<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n