Twenty days after the launch of Massachusetts sports betting apps, Paysafe announced it has entered the market.
Paysafe brings its payments platform, which will allow Massachusetts sports betting customers to fund their accounts by debit card and other online payments for several mobile sports apps in New England’s most populated state.
It also marks the 26th sports betting/iGaming jurisdiction Paysafe has entered and extends its longstanding payments relationships with Boston-based DraftKings Sportsbook and Caesars Entertainment.
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“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,” said Zak Cutler, president of global gaming at Paysafe, in a news release.
“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.”
Other Paysafe Applications
The Paysafe platform will also allow sports-betting operators in the state to access a suite of alternative payment methods (APM) as well as third-party APM solutions.
Six Massachusetts sports betting apps launched in the Commonwealth on March 10.
All three casinos in the state — MGM Springfield (BetMGM Massachusetts), Plainridge Park Casino (Barstool Sportsbook), and Encore Boston Harbor (WynnBET) in Everett — launched their brick-and-mortar locations as Category 1 sports wagering operators on Jan. 31.
BetMassachusetts.com will keep you up to date on news in the state as well as provide Massachusetts sportsbook promos.