Paysafe partners with Strive Gaming to enhance sports betting in Arizona.

It appears that a prominent payment processing company is expanding into the Arizona sports betting industry.

Paysafe, a company that specializes in iGaming online payments, has teamed up with player account management company Strive Gaming to work with Golden Nugget in Arizona and the Canadian province of Ontario.

A news release states that Paysafe’s payments technology will be incorporated into Strive Gaming’s PAM system, allowing Golden Nugget to access multiple payment and payout methods through a unified interface.

Arizona has quickly emerged as one of the top states for sports betting since its introduction in September.

The state saw a handle of almost $500 million in February, totaling $491.7 million, slightly below the record-setting $563.7 million wagered in January.

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iGaming Payments Processing Enters a New Era

The partnership between Paysafe and Strive allows Golden Nugget patrons in Arizona and other areas to effortlessly add funds to their accounts using their debit or credit cards, without any disruptions.

In a press release discussing the partnership, Zak Cutler, CEO of North America iGaming at Paysafe, emphasized this as the primary message.

In the release, Cutler expressed satisfaction in backing Strive Gaming’s main objective of linking operators with their customers through high-quality payment solutions. They look forward to broadening their collaboration with Strive Gaming to help North American iGaming operators expand in existing and emerging markets.

Paysafe partnered with Bally Bet in Arizona in February.

‘It is highly beneficial for our customers’

Max Meltzer, CEO of Strive Gaming, sees the collaboration with Paysafe as a chance to utilize their technical expertise to provide Arizona players with a diverse range of payment options. By incorporating Paysafe’s reporting and analytics tools, Strive aims to improve player security and safety.

Meltzer stated that the collaboration resulted in a product that effectively meets the needs of both players and operators, simplifying the overall process for everyone involved.

In the release, Meltzer highlighted how Strive Gaming has quickly become a leader in the U.S. and Canada thanks to our flexible technology, which enables fast market entry and operational efficiency for top operators. Our tech stack stands out for its smooth integrations and deep partnerships, achieved rapidly and without technical complications. Teaming up with Paysafe is a perfect match for our customers, and we look forward to collaborating with Paysafe both currently and in the future.