Paysafe begins supporting newly legal Massachusetts sports betting market

Paysafe begins supporting newly legal Massachusetts sports betting market

Article brief provided by PYMNTS
  • PYMNTS
March 30, 2023 8:26 PM

Paysafe has expanded into Massachusetts to serve the newly legal sports gambling market.

The entertainment-focused payment platform is supporting the mobile sports-betting market by enabling players to fund their accounts by debit card, its own alternative payment methods (APMs) and third-party APMs, Paysafe said Thursday (March 30).

The firm is powering payments for DraftKings, Caesars Entertainment and multiple other sportsbooks, the company said.

“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,” Paysafe President of Global Gaming Zak Cutler said in the press release.