Paysafe’s Payment Service forms partnership with Bally Bet in Arizona Sports Betting Market.
Paysafe, a payment platform, revealed on Tuesday a collaboration with Bally’s Corporation to provide services for their future sports betting venture in Arizona.
Bally Bet recently launched its Android app in Arizona this week, with plans for an Apple app and website launch still pending. The company was able to secure its license in Arizona through a partnership with the Phoenix Mercury.
The collaboration between Paysafe and Bally’s, as detailed in the press release, will extend to the BallyCasino.com brand in New Jersey.
What Paysafe Does
Paysafe, a payments company with two decades of experience, employs more than 3,000 workers in 12 different countries worldwide.
Paysafe offers payment solutions for various industries including sports camps, wellness organizations, and airlines, in addition to gaming.
Paysafe partnered with Betfred USA in September. The latest announcement revealed that Phase 2 of the collaboration with Bally’s will see Paysafe technology being introduced in more states, moving beyond Arizona and New Jersey.
The CEO of North America iGaming at Paysafe, Zak Cutler, proudly announced a new partnership with the well-established Bally’s brand, a key player in the gaming industry for nearly half a century. The primary objective of this collaboration is to enhance payment acceptance and increase customer conversions for Bally’s sports-betting and iCasino brands in Arizona and New Jersey initially, with intentions to broaden their reach to other states in the near future.
PayNearMe was granted approval by the Arizona Department of Gaming to begin accepting payments starting in September.
PayNearMe partners with FanDuel Sportsbook Arizona, BetMGM, BetFair, and Caesars Sportsbook.
An examination of Bally Bet
This week, Bally Bet expanded its betting app to Arizona, adding to its existing presence in Colorado, Iowa, Indiana, and Virginia.
Bally Bet is among the nine operators licensed in the New York market, but it is not expected to launch until April.
In a press release, Adi Dhandhania, COO of North America for Bally’s Interactive, highlighted the importance of collaborating with a top-tier payment processor as they grow their digital casino and betting offerings in North America. Dhandhania underscored that the partnership with Paysafe is a major step towards improving the overall customer experience for all users.
Author
Michael is the current news editor at yengols.com, overseeing coverage. Previously, he spent nine years as the sports editor at the Tulsa World. He also held positions as the high school sports editor at the Houston Chronicle, as well as sports editor at both the Beaumont Enterprise and Galveston County Daily News in Texas.
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