Paysafe Expands Into Louisiana And Oregon Mobile Sports-Betting Markets

by Shivani Kumaresan, Benzinga Staff Writer

February 14, 2022 5:26 AM | 1 min read

Paysafe Ltd PSFE said it is expanding into the Louisiana and Oregon mobile sports-betting markets.
The company has extended its multi-state payments partnerships with Caesars Entertainment Inc CZR and DraftKings Inc DKNG into Louisiana's mobile sports-betting market.
Caesars, DraftKings, and WynnBET, which plugged into Paysafe in 2021, will support player deposits by credit or debit card through integration with Paysafe's payment gateway.
With Paysafe's entry into the Oregon and Louisiana sports-betting markets, the company now supports sportsbook operators with payments and affiliate marketing in more than twenty states.
Price Action: PSFE shares closed lower by 2.75% at $3.54 on Friday.

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