Paysafe enters the iGaming market in Arkansas with BetSaracen

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LONDON–(BUSINESS WIRE)–Paysafe (NYSE:PSFE), a leading specialty payment platform, today announced it has entered the Arkansas mobile sports betting market through a partnership with BetSaracen, the Sportsbook from Saracen Casino Resort in Pine Bluff, Arkansas, which is owned by the Oklahoma-based Quapaw Tribe. The first phase of the partnership sees BetSaracen integrate Paysafe’s Skrill USA digital wallet to allow players to make frictionless deposits and payments.

Sports bettors in Arkansas – the 22ndn/a 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 received a product overhaul last fall, allows players to link their bank accounts to the digital wallet. They can then deposit into their BetSaracen account in seconds via an instant online bank transfer – and start betting 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 information, or by using Paysafe’s Paysafecash online money solution, or eCash, which is available at thousands of retailers. in store in Arkansas and across the United States.

Cashing out their winnings from the BetSaracen apps is just as easy for Arkansas sports bettors, with funds accessible to 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 in 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 in the future.

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 that enjoys strong brand recognition in the state and neighboring Oklahoma, where the Quapaw Nation is based. We are confident that BetSaracen players will find our Skrill USA digital wallet a revolutionary payment solution for sports betting.

Carlton Saffa, Market Director at Saracen Casino Resort and BetSaracen, commented: “During our partnership with Paysafe, we have been impressed with the ease of use of the company’s payment solutions and Skrill USA in particular. With Skrill USA, we know that we offer Arkansans a top-notch digital wallet that facilitates and enhances the betting experience with the BetSaracen mobile sportsbook app.

About Paysafe Limited

Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading specialist payment platform. Its main objective is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet and online payment solutions. With over 20 years of online payment experience, an annualized transaction volume of over US$120 billion in 2021, and approximately 3,500 employees located in more than 10 countries, Paysafe connects businesses and consumers across 100 payment types in over 40 currencies worldwide. Delivered through an integrated platform, Paysafe solutions are geared towards mobile-initiated transactions, real-time analytics and convergence between physical 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 fast since 2001. We are a recognized global leader in developing global payment solutions for people’s business and pleasure, whether they deposit funds at a gaming site, purchase online or send money. to family and friends. We also serve the needs of businesses around the world, helping them build a global customer base and drive growth.

About Paysafe iGaming

Paysafe brings over two decades of specialist payments experience to the global iGaming and sports betting industries and provides operators with a full suite of traditional and alternative payment methods through a single, streamlined API integration. Paysafe is also a leader in digital and affiliate marketing technologies and services for online gaming operators through its Income Access business unit.

Since opening the US iGaming market in May 2018, Paysafe has consistently affirmed its ambitions to be the payments leader in the growing industry, building on its leadership in Canada and Europe. As of June 30e, 2022, the company supports 75% of operators in the country with payment or marketing solutions in 22 jurisdictions. In Canada, Paysafe also holds a leadership position and partners with the majority of iLottery and regulated gaming brands.

About Saracen Casino Resort

Saracen Casino Resort is the first purpose-built casino in the history of the state of Arkansas. Home to an 80,000 square foot gambling hall, the casino offers 45 table games, the only poker room in Arkansas, retail sports betting, a sports bar and a microbrewery, the critically acclaimed Red Oak Steakhouse and the best buffet in Arkansas.

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

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