Paysafe Expands Into Massachusetts Mobile Sports-Betting, Its 26th US iGaming Market

Payments Platform Paysafe Ltd PSFE said it is expanding into the new Massachusetts mobile sports-betting market.
The company is live and will power play and payments safely for multiple mobile sportsbooks in Massachusetts.
The move also extends its longstanding payments relationships with DraftKings Inc DKNG and Caesars Entertainment Inc CZR.
Players can fund their accounts by debit card and other online payment solutions.
The Massachusetts sports-betting market has become the twenty-sixth American iGaming jurisdiction in which Paysafe supports operators with online payments.
The Paysafe platform will also allow sports-betting operators in Massachusetts to access the payment provider's own alternative payment methods (APM) and third-party APM solutions.
Price Action: PSFE shares closed higher by 3.05% at $16.88 on Wednesday.