Paysafe enters Arkansas iGaming market with BetSaracen
June 30 2022 - 4:06AM
Business Wire
Mobile sportsbook from Quapaw Nation’s Saracen Casino Resort
adds Paysafe’s Skrill USA digital wallet to facilitate payments for
sports wagering
Paysafe (NYSE: PSFE), a leading specialized payments platform,
today announced its entry into the Arkansas mobile sports-betting
market through a partnership with BetSaracen, the sportsbook app
from Saracen Casino Resort in Pine Bluff, Arkansas, which is owned
by the Quapaw Tribe, based in Oklahoma. The partnership’s first
phase sees BetSaracen integrate Paysafe’s Skrill USA digital wallet
to enable players to make frictionless deposits and payouts.
Sports bettors in Arkansas – the 22nd U.S. state or jurisdiction
where Paysafe has an iGaming payments footprint – can now use
Skrill USA to instantly fund a wager with BetSaracen’s iOS and
Android apps. A streamlined registration process with Skrill USA,
which enjoyed a product revamp last fall, allows players to link
their bank accounts with the digital wallet. They can then deposit
into their BetSaracen account in a matter of seconds via instant
online bank transfer – and begin wagering on North American
sports-league games and international sports.
Alternatively, BetSaracen customers can fund their Skrill USA
accounts by simply entering their debit or credit card info, or by
using Paysafe’s Paysafecash online cash, or eCash, solution, which
is available at thousands of in-store retailers in Arkansas and
across the wider U.S.
Cashing-out their winnings from the BetSaracen apps is just as
simple for Arkansas sports bettors, with funds accessible in their
Skrill USA accounts in real time. Once their bank accounts are
linked to Skrill USA, players can also transfer winnings 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 complete
suite of traditional and alternative payment methods going
forward.
Zak Cutler, CEO of North America iGaming at Paysafe, said:
“We’re proud to expand into the Arkansas iGaming market with an
established local operator that has strong brand recognition in the
state and in neighboring Oklahoma, where the Quapaw Nation are
based. We’re confident that BetSaracen’s players will find our
Skrill USA digital wallet a game-changing payment solution for
sports wagering.”
Carlton Saffa, Chief Market Officer at Saracen Casino Resort and
BetSaracen, commented: “When partnering with Paysafe, we were
impressed by the ease of use of the company’s payment solutions and
Skrill USA in particular. With Skrill USA, we know we’re offering
Arkansans a best-in-class digital wallet that facilitates and
enhances the wagering experience with the BetSaracen mobile
sportsbook app.”
About Paysafe Limited Paysafe Limited (“Paysafe”) (NYSE:
PSFE) (PSFE.WS) is a leading specialized payments platform. Its
core purpose is to enable businesses and consumers to connect and
transact seamlessly through industry-leading capabilities in
payment processing, digital wallet, and online cash solutions. With
over 20 years of online payment experience, an annualized
transactional volume of over U.S. $120 billion in 2021, and
approximately 3,500 employees located in 10+ countries, Paysafe
connects businesses and consumers across 100 payment types in over
40 currencies around the world. Delivered through an integrated
platform, Paysafe solutions are geared toward mobile-initiated
transactions, real-time analytics and the convergence between
brick-and-mortar and online payments. Further information is
available at www.paysafe.com.
About Skrill USA, Inc. Skrill USA has been making digital
payments simple, secure and quick since 2001. We’re an acknowledged
world-leader in developing global payment solutions for people’s
business and pleasure, whether they’re depositing funds on a gaming
site, buying online or sending money to family and friends. We also
meet the needs of businesses worldwide, helping them build a global
customer base and drive growth.
About Paysafe iGaming Paysafe brings over two decades of
specialized payments experience supporting the global iGaming and
sports-betting sectors and provides operators with a comprehensive
suite of traditional and alternative payment methods through a
single, streamlined API integration. Paysafe is also a leader in
digital and affiliate marketing technology and services for iGaming
operators through its Income Access business unit.
Since the opening-up of the U.S. iGaming market in May 2018,
Paysafe has consistently stated its ambitions to be the payments
leader in the fast-growing sector, building on its leadership in
Canada and Europe. As of June 30th, 2022, the company supports 75%
of operators in the country with payments or marketing solutions
across 22 jurisdictions. In Canada, Paysafe also has a leading
position and partners with the majority of 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 floor, the casino features 45 table
games, Arkansas’ only poker room, retail sportsbook, sports bar and
microbrewery, the critically acclaimed Red Oak Steakhouse and
Arkansas’s best buffet.
Saracen’s newly-launched online sports wagering app, BetSaracen,
is now available for download through the Apple App Store or at
BetSaracen.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220630005183/en/
For further information about Paysafe, please contact: Nilce
Piccinini, Director of Corporate Communications, Americas, Paysafe
E: nilce.piccinini@paysafe.com
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