Kansas Paysafe Enters the Online Sports Betting Market

Kansas Paysafe Enters the Online Sports Betting Market

  • The top specialized payments platform, Paysafe, has announced its entry into the Kansas market for regulated sports betting.
  • The corporation extended agreements with top service providers in the state.
  • After legalizing the activity in May, Kansas on September 1 inaugurated legal sports betting.

 

Paysafe

Paysafe Expands Further in the United States, Entering Kansas

On Monday, the business announced that its premier online payment services for sportsbooks had been introduced in the new market. Paysafe is extending its long-term payment agreements with Kansas-based PointsBet, DraftKings, and Caesars with this new launch. 

The company added that the three sportsbooks are now utilizing its “best-of-breed” payment system, which supports online deposits with credit and debit cards. 

In addition, Paysafe’s partners will profit from ACH payments for player deposits and payouts. Kansas is the twenty-third state in which Paysafe offers its services to operators.

Paysafe’s president of global gaming, Zak Cutler, stated that the company is thrilled to expand its North American presence by entering the newest US sports betting market in Kansas. 

He noted that the company’s payment solutions technology will assist operators in establishing a stronger presence in the state. Cutler believed that Paysafe’s expansion into Kansas would have a favorable effect on the regulated market.

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Kansas is the most recent state to legalize sports betting

Paysafe announced its Income Access affiliate marketing program for Kansas businesses in addition to its payment services. The cutting-edge software helps operators to monitor, administer, and optimize affiliate programs. Paysafe said that several businesses in the state, including Caesars Entertainment, are already utilizing the solution.

Kansas is the most recent U.S. state to legalize sports betting. Legislators in the state approved the activity in May, while the market itself opened earlier this month, on September 1. 

As a result of the debut, sports fans in the state can now place wagers at brick-and-mortar locations and through mobile sports betting apps. Unquestionably, the start of legal sports betting occurred at the ideal time, given the impending 2022 NFL season’s opening game.

 

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About Lou De Aguila

Lou Ramon Aguila is a contributor for Golden Casino News. He has a degree in BSBA Legal Management with great interest in high-profile legal cases involving sports personalities. An ultimate sports junkie, he covers just about everything in the sporting world with an emphasis on the NBA, NFL, and MLB. In his past time, Lou loves to read manga, watch anime and critique pro-wrestling matches.