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Paysafe expands US iGaming presence with Ohio entry

Paysafe expands US iGaming presence with Ohio entry

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Leading payments platform, Paysafe, has announced its expansion into the new Ohio online sports betting market, following entry into the Maryland iGaming space in Q4 2022.

Paysafe is now powering play safely for a range of sportsbooks in the Midwestern state by providing players with a comprehensive suite of payment options, including credit card and debit card deposits, Paysafe’s Skrill digital wallet for both deposits and payouts and other solutions.

By kicking-off 2023 with a move into Ohio, whose sports betting  market is expected to generate as much as $900m in gross annual gaming revenue when mature, according to PlayOhio, Paysafe now supports iGaming operators with payments in 25 different US jurisdictions.

The milestone of Ohio, the 7th most populated US state with 11.8m residents, follows Paysafe’s entry into Maryland in late November, with the company providing DraftKings and PointsBet, among other operators, with online payment solutions.

Paysafe has extended its longstanding payments partnerships with these two operators into Ohio along with other existing partners, including Betfred Sportsbook, Betway, Hard Rock Sportsbook and SuperBook Sports.

Zak Cutler, President of Global Gaming at Paysafe, says: “We are delighted to begin the year by extending our US iGaming payments footprint into Ohio, which ranks as the most important American sports-betting market to launch since New York a year ago. Through our best-in-class payments platform and our Skrill wallet, we look forward to supporting the growth of our operator partners in Ohio.”