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Nuvei approved to process online sportsbook payments in New York

Nuvei approved to process online sportsbook payments in New York

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Global payment technology specialists Nuvei Corporation has been granted approval by the New York State Gaming Commission to process payments with recently licensed digital sports betting platforms launching in the State.

The Commission has approved five operators – Caesars Sportsbook, BetMGM, DraftKings, FanDuel and Rush Street Interactive – to accept mobile and online sports wagers, and nine operators are expected to be fully operational once all regulatory approvals are finalised. This exciting reform means that residents of New York State can now, for the first time ever, place bets on their preferred digital devices.

“Nuvei announced strategic alliances this past year with multiple US-regulated operators. We are pleased to now be supporting online sports betting operators and platform providers with a convenient, fast and secure payments capability to serve their New York customers,” said Nuvei Chair and CEO Philip Fayer. “This marks another step in our journey to expand with the growing industry as several states and countries are in the process of regulating online sports betting.”

Nuvei has a history of success with global iGaming operators and numerous consumer-facing sectors in the US. The company is a proven solution provider, offering New York operators both industry expertise and market-leading payment processing technology. This includes a revenue optimization suite, providing frictionless deposit experience for millions of players through a variety of payment methods including cards, ACH and digital wallets, net deposits, real-time fraud prevention, risk management and instant payouts.