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Paysafe enters Arkansas iGaming market with BetSaracen

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Paysafe enters Arkansas iGaming market with BetSaracen

 

Mobile sportsbook from Quapaw Nation’s Saracen Casino Resort adds Paysafe’s Skrill USA digital wallet to facilitate payments for sports wagering

Paysafe, a leading specialized payments platform, announced its entry into the Arkansas mobile sports-betting market through a partnership with BetSaracen, the sportsbook app from Saracen Casino Resort in Pine Bluff, Arkansas, which is owned by the Quapaw Tribe, based in Oklahoma. The partnership’s first phase sees BetSaracen integrate Paysafe’s Skrill USA digital wallet to enable players to make frictionless deposits and payouts.

Sports bettors in Arkansas – the 22nd U.S. state or jurisdiction where Paysafe has an iGaming payments footprint – can now use Skrill USA to instantly fund a wager with BetSaracen’s iOS and Android apps. A streamlined registration process with Skrill USA, which enjoyed a product revamp last fall, allows players to link their bank accounts with the digital wallet. They can then deposit into their BetSaracen account in a matter of seconds via instant online bank transfer – and begin wagering on North American sports-league games and international sports.

Alternatively, BetSaracen customers can fund their Skrill USA accounts by simply entering their debit or credit card info, or by using Paysafe’s Paysafecash online cash, or eCash, solution, which is available at thousands of in-store retailers in Arkansas and across the wider U.S.

Cashing-out their winnings from the BetSaracen apps is just as simple for Arkansas sports bettors, with funds accessible in their Skrill USA accounts in real time. Once their bank accounts are linked to Skrill USA, players can also transfer winnings from their digital wallet account within seconds.

Beyond Skrill USA, BetSaracen’s connectivity to the Paysafe platform will allow the operator to access the company’s complete suite of traditional and alternative payment methods going forward.

Zak Cutler, CEO of North America iGaming at Paysafe, said: “We’re proud to expand into the Arkansas iGaming market with an established local operator that has strong brand recognition in the state and in neighboring Oklahoma, where the Quapaw Nation are based. We’re confident that BetSaracen’s players will find our Skrill USA digital wallet a game-changing payment solution for sports wagering.”

Carlton Saffa, Chief Market Officer at Saracen Casino Resort and BetSaracen, commented: “When partnering with Paysafe, we were impressed by the ease of use of the company’s payment solutions and Skrill USA in particular. With Skrill USA, we know we’re offering Arkansans a best-in-class digital wallet that facilitates and enhances the wagering experience with the BetSaracen mobile sportsbook app.”

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Caesars Entertainment Closes Sale of the LINQ Promenade

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Caesars Entertainment announced the closing of the previously announced sale of the LINQ Promenade to a joint venture formed between TPG Real Estate (TPG) and the Investment Management Platform of Acadia Realty Trust (Acadia) for $275 million. Concurrent with the closing of the transaction, Caesars made a $275 million voluntary prepayment of the Term Loan B due 2030 with the proceeds from the transaction.

Latham & Watkins LLP and Brownstein Hyatt Farber and Schreck LLP represented Caesars on the transaction. Kirkland & Ellis LLP provided transaction counsel to TPG & Acadia.

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Latest News

The Stampede Continues with Aristocrat Interactive’s Buffalo Gold Max Power

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Aristocrat Interactive, Aristocrat’s online Real Money Gaming (RMG) division, announced that the stampede continues with the launch of Buffalo Gold Max Power in the US. This marks the fifth online game in the award-winning and iconic Buffalo portfolio, following the success of Buffalo, Buffalo Gold Collection, Buffalo Chief, and Buffalo Gold Revolution.

Buffalo Gold Max Power builds on the legacy and popularity of Buffalo Gold, a fan-favorite in land-based casinos. This online adaptation is born to entertain with new features powered by Aristocrat’s proprietary Max Power mechanic, offering players up to 46,656 ways to win free spins and collect Gold Buffalos. With dynamic reels that vary from 2 to 6 symbols on every spin and a redefined feature, Buffalo Gold Max Power is ready to create a stampede of excitement.

“For more than a decade, our iconic Buffalo games have captivated players as some of the most iconic slot games in land-based casinos. With Buffalo Gold Max Power, we’re bringing this timeless favorite online with enhanced gameplay and features that players will love. The launch in New Jersey is an exciting milestone as we continue to deliver innovative and memorable gaming experiences globally,” said Josh Morris, SVP Content at Aristocrat Interactive Content & Aggregation.

Earlier this year, Buffalo was awarded the winner of the Top Performing Omni-Channel Slot at the EKG Awards. The launch of Buffalo Gold Max Power is the latest step in Aristocrat Interactive’s strategy to expand Aristocrat’s industry-leading content portfolio into the online space. The game is currently available with online operators in New Jersey, Ontario, Canada and the UK, with more markets to follow overtime.

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Compliance Updates

JCM Global Receives Approval to Operate in West Virginia

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JCM Global announced that it has successfully passed regulatory review and received a manufacturer’s license from the West Virginia Lottery Commission. The license enables JCM to directly sell to and service customers in the state.

“At JCM, we are committed to our customers. While attaining licensing was not required, we pursued it because it allows us to directly provide JCM’s leading technology and advanced systems, backed by our world-class service, and support, resulting in faster service times and simplifying the entire relationship between JCM and our customers,” said JCM SVP – Sales, Marketing & Operations Dave Kubajak in a statement.

JCM recently announced it has attained licenses in Colorado and New Mexico, bringing the company’s total number of active gaming licenses to 177.

In West Virginia, JCM will provide technology, including the iVIZION bill validator; ICB Intelligent Cash Box System, which boosts security and efficiencies across the gaming floor; and the GEN5 thermal printer, which delivers TITO, personalized promotions, and rewards directly to the player.

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