Paysafe Platform Launches With SuperBook Sports in Colorado and New Jersey
03 November 2021 - 12:00AM
Business Wire
Online sportsbook for Colorado and New Jersey plugs into Paysafe
technology combining comprehensive suite of payment methods in
single interface
Paysafe (NYSE: PSFE), a leading specialized payments platform,
today announced that its platform is live in Colorado and New
Jersey with SuperBook™ Sports, the iconic sports-betting brand
operated by the SBOpco LLC operating company. Players wagering with
SuperBook Sports’ online and mobile sportsbook can now select from
a full range of traditional and alternative payment methods.
Building on 35 years of sports-betting experience through its
flagship operations in Las Vegas, SuperBook Sports is expanding its
presence nationwide, with its initial launch in Colorado in October
2020 followed by New Jersey in August. The SuperBook Sports brand
has become synonymous with expansive betting menus, superior
pricing and risk, as well as being home to one of the world’s most
prestigious professional football handicapping contests.
Through its upgraded mobile presence, the SuperBook Sports app
and website enable customers to bet on an array of local, national
and international sports markets, including NFL, NBA, NHL, MLB,
college football, and soccer. By plugging into the Paysafe platform
through a simple, streamlined integration, SuperBook Sports can now
provide its players with a broad range of depositing and payout
choices. These include credit and debit cards processed through the
Paysafe gateway, online bank transfer, and alternative payment
methods such as the Skrill USA digital wallet and paysafecard eCash
solution as well as third-party solutions.
Paysafe’s platform will strengthen SuperBook Sports’
relationship with existing and future customers, given payments’
established role in supporting U.S. sportsbooks’ player
acquisition. Frictionless payments and payouts in particular are
the most important factor for American sports bettors when
selecting a gaming brand, and prioritized over brand reputation,
promotions, competitive odds, and sports markets offered, according
to Paysafe’s Q4 2020 research.
SuperBook Sports will also benefit from the Paysafe platform’s
sophisticated back-end analytics and reporting suite, allowing the
operator to analyze and optimize individual payment methods and the
brand’s overall payment offering. In addition, by leveraging
Paysafe’s two-decade expertise in gaming-specific risk and fraud,
the platform’s infrastructure will protect the brand and secure
players’ data.
Zak Cutler, CEO of North America iGaming at Paysafe, said:
“We’re excited to partner with SuperBook Sports, which has already
shown strong growth in the Colorado sports-betting market. We’re
confident that our payment platform, with its state-of-the-art
analytics suite, will help SuperBook Sports build on its initial
success through 2022 by providing customers with all the ways they
want to pay.”
Jay Kornegay, Executive Vice President at SuperBook Sports,
commented: “Payments are a critical part of the wagering
experience, and we’re very focused on strengthening our payment
offering and the overall depositing experience for our customers.
It was a logical next step to partner with Paysafe, whose
cutting-edge payment platform will be a game changer for us and for
our players.”
###
About Paysafe Limited
Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading
specialized payments platform. Its core purpose is to enable
businesses and consumers to connect and transact seamlessly through
industry-leading capabilities in payment processing, digital
wallet, and online cash solutions. With over 20 years of online
payment experience, an annualized transactional volume of U.S. $100
billion in 2020, and approximately 3,400 employees located in 12+
global locations, Paysafe connects businesses and consumers across
70 payment types in over 40 currencies around the world. Delivered
through an integrated platform, Paysafe solutions are geared toward
mobile-initiated transactions, real-time analytics and the
convergence between brick-and-mortar and online payments.
The assets, liabilities, and results of operations of Skrill USA
are consolidated in Paysafe Limited’s consolidated financial
statements; however, Paysafe Limited has no direct equity ownership
in Skrill USA.
Further information is available at www.paysafe.com.
About Paysafe iGaming
Paysafe brings over two decades of specialized payments
experience supporting the global iGaming and sports-betting sectors
and provides operators with a comprehensive suite of traditional
and alternative payment methods through a single, streamlined API
integration. Paysafe is also a leader in digital and affiliate
marketing technology and services for iGaming operators through its
Income Access business unit.
Since the opening-up of the U.S. iGaming market in May 2018,
Paysafe has consistently stated its ambitions to be the payments
leader in the fast-growing sector, building on its leadership in
Canada and Europe. The company now supports 75% of operators in the
country with payments or marketing solutions across 18
jurisdictions. In Canada, Paysafe also has a leading position and
partners with the majority of regulated iLottery and gaming
brands.
About SuperBook Sports
SuperBook Sports is one of the most recognized, respected and
trusted sportsbooks in the industry and is licensed to SBOpco by
Westgate Resorts. SuperBook Sports and SBOpco, LLC offer gaming
partners access to an industry leading sports-betting experience
with top rated customer service both in-person and on mobile
devices through the SuperBook Sports app. For additional
information, visit Superbook.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20211102005818/en/
For further information, please contact: Nick Say, Senior
Manager, Corporate Communications, North America, Paysafe T:
+1-514-452-8747; E: Nick.Say@Paysafe.com
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