Paysafe, Resorts WorldBET partner to expand New York payments offering

Deal expands upon Paysafe’s land-based agreement with Resorts World New York.

Paysafe and Resorts WorldBET, the mobile sports betting arm of Resorts World New York, have agreed to an expansion of their existing payments deal in the state. 

Per the terms of this agreement, Paysafe will provide its payments platform to the newly launched sports betting app. Following this, players are now able to make desposties on the Resorts WorldBET app via debit card in New York.

Speaking on this partnership, Zak Cutler, CEO of North America iGaming at Paysafe, noted: “We’re excited to partner with Resorts WorldBET, Resorts World New York’s state-of-the-art mobile sports-betting app. 

“Given the strong correlation between payments and US sportsbooks’ player acquisition, we look forward to helping Resorts WorldBET increase its customer base and revenue in 2022 and beyond.”

Having now made its move into the mobile sportsbook scene, Resorts World hopes that its experience in the land-based sector, with both Catskills and its Las Vegas properties, will enable the operator to quickly adapt to the ultra competitive New York market. 

Darlene Monzo, Chief Marketing Officer, Genting America’s East, the operator of Resorts World New York, commented: “We’re excited to offer New Yorkers the fastest, most reliable and safest mobile sports-betting experience. Paysafe’s platform provides the most advanced payment processing solution and we’re proud to have them on our team.”

While Resorts World hopes that this deal can help to grow its influence in New York, this remains to be seen. Indeed, according to data released by the New York state regulator, the operator currently has less than 0.5% market share in terms of both handle and revenue. 

Henry Moore

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