Paysafe enters Arkansas iGaming market with BetSaracen

LONDON–(WORK TEL)– Paysafe (NYSE: PSFE), a leading private payments platform, today announced its entry into the Arkansas mobile sportsbook market in partnership with BetSaracen, the sportsbook app of Saracen Casino Resort in Pine Bluff, Arkansas. By the Oklahoma-based Quapaw Tribe. In the first phase of the partnership, BetSaracen is integrating Paysafe’s Skrill USA digital wallet to enable players to deposit and pay seamlessly.

Sports bettors in Arkansas – 22nd The US state or jurisdiction where Paysafe has an iGaming payments footprint – can now use Skrill USA to instantly fund a bet with BetSaracen’s iOS and Android apps. A streamlined registration process with Skrill USA, which enjoyed a product renewal last fall, allows players to link their bank account to the digital wallet. They can then deposit funds into their BetSaracen account within seconds via instant online bank transfer and start betting on North American sports league matches and international sports.

Alternatively, BetSaracen customers can deposit funds into their Skrill USA account simply by entering their bank or credit card details, or using Paysafe’s Paysafecash online cash or eCash solution available at thousands of in-store retailers in Arkansas and the USA.

For Arkansas sports bettors, cashing in their winnings from the BetSaracen apps is just as simple, with funds accessible in real time from their Skrill USA account. Once their bank account is linked to Skrill USA, players can also transfer their earnings from their digital wallet account within seconds.

Beyond Skrill USA, BetSaracen’s connectivity to the Paysafe platform will allow the operator to access the company’s full suite of traditional and alternative payment methods going forward.

Zak Cutler, CEO of North America iGaming at Paysafe, said:We are proud to expand into the Arkansas iGaming market with an established local operator with strong brand awareness in Quapaw Nation’s state and neighboring Oklahoma. We are confident that BetSaracen players will find our Skrill USA digital wallet a game-changing payment solution for sports betting.”

Carlton Saffa, Chief Market Officer of Saracen Casino Resort and BetSaracen, said:When partnering with Paysafe, we were very impressed with the ease of use of the company’s payment solutions, and Skrill USA in particular. We know that with Skrill USA, we are offering Arkansans a best-in-class digital wallet that simplifies and enhances the betting experience with the BetSaracen mobile sports betting app.”

About Paysafe Limited

Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading private payment platform. Its core purpose is to enable businesses and consumers to seamlessly connect and transact through industry-leading capabilities in payment processing, digital wallet and online cash solutions. With over 20 years of online payment experience, annual transaction volume exceeding US$120 billion in 2021, and approximately 3,500 employees located in over 10 countries, Paysafe connects businesses and consumers across 100 payment types in more than 40 currencies worldwide. Delivered through an integrated platform, Paysafe solutions are geared towards mobile-initiated transactions, real-time analytics, and convergence between real-time and online payments. More information is available at www.paysafe.com.

Skrill USA, Inc. about

Skrill USA has been making digital payments simple, secure and fast since 2001. We are a recognized world leader in developing global payment solutions for people’s business and pleasure, whether they are depositing money on a gaming site, purchasing online or sending money. to family and friends. We also meet the needs of businesses around the world, helping them build and grow a global customer base.

About Paysafe iGaming

Paysafe brings more than two decades of exclusive payment experience supporting the global iGaming and sports betting industries and offers operators a comprehensive suite of traditional and alternative payment methods through a single modern API integration. Paysafe is also a leader in digital and affiliate marketing technology and services for iGaming operators through its Revenue Access business unit.

Since the US iGaming market opened in May 2018, Paysafe has consistently voiced its ambitions to become the payments leader in the fast-growing industry, building on its leadership in Canada and Europe. As of 30 JunepearlIn 2022, the company supports 75% of operators in the country with payments or marketing solutions in 22 jurisdictions. In Canada, Paysafe also has a leading position and partners with most of the regulated iLottery and gaming brands.

About Saracen Casino Resort

Saracen Casino Resort is the first purpose-built casino in Arkansas state history. Home to an 80,000-square-foot gaming space, the casino features 45 board games, Arkansas’ only poker room, retail sportsbook, sports bar and microbrewery, the critically acclaimed Red Oak Steakhouse, and Arkansas’ best buffet.

Saracen’s newly launched online sports betting app, BetSaracen, is now available for download from the Apple App Store or BetSaracen.com.

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