Paysafe Payments Platform Enters the New York Sports Betting Market

Paysafe Payments Platform Enters the New York Sports Betting Market
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As the Betting Apps NY market heats up and with three more operators to officially launch in the future, one payments platform announced it is getting into the mix.

Paysafe announced Wednesday its expansion into New York. Paysafe, which was founded in 1996 and has a headquarters in London, touts its company as a leading specialized payments platform.

The company is now processing account online deposits and payouts for New York bettors and is already powering several New York-focused affiliate programs.

“Payments and affiliate marketing play essential roles in customer conversion and the growth of iGaming brands and the wider market,” said Zak Cutler, the CEO, North America iGaming, for Paysafe, in a news announcement. “We’re proud to have supported the ongoing expansion of the North American online gaming space in 2021 through 2022, with our recent entry into New York – a pivotal market that will hopefully galvanize broader U.S. state and Canadian provincial regulation.”

Cutler was appointed to this role in Sept. 2021 after serving as vice president of strategy and product at Jackpocket. He also previously was a top executive at DraftKings.

Must be 21+ and physically present in AZ, CO, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MO, NJ, NY, NC, OH, PA, TN, VA, WV, WY or Washington, DC. New users only. Must register using eligible promo code. First wager after registration must qualify. Min. Odds: -500. Max. Bonus Bet: $250. Awarded as non-withdrawable Bonus Bet that expires 14 days after receipt. Bonus Bet amount not returned for winning bets. Void where prohibited. See http://Caesars.com/promos for full terms. Know When To Stop Before You Start®. Gambling Problem? CO, IL, KY, MD, MI, MO, NJ, OH, TN, VA, WV, WY, KS (Affiliated with Kansas Crossing Casino), ME (Licensed through the Mi’kmaq Nation, Penobscot Nation, and Houlton Band of Maliseet Indians, federally recognized tribes located in the State of Maine), NC (Licensed through Tribal Casino Gaming Enterprise), PA (Affiliated with Harrah's Philadelphia): If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) or MD: visit http://mdgamblinghelp.org or WV: visit http://1800gambler.net ; AZ: Call 1-800-NEXT-STEP; IN: Call 1-800-9-WITH-IT; IA: Call 1-800-BETSOFF; LA (Licensed through Horseshoe Bossier City and Caesars New Orleans), Washington, DC (OLG Class A licensed Operator): Call 1-800-522-4700. ©2025, Caesars Entertainment Gambling Problem? Call 1-800-GAMBLER DC, LA: Call 1-800-522-4700 MA: Call 1-800-327-5050 or visit http://gamblinghelplinema.org NY: Call 877-8-HOPENY or text HOPENY (467369)

Paysafe Has Reach Far and Wide

Last year, Paysafe introduced and operated its platform in Arizona, Connecticut, Louisiana, Michigan, Montana, Virginia and Wyoming, where the company either went live with operators or had received licensing. It is now supporting gaming brands with payments and affiliate marketing in 18 states plus Washington, D.C.

Those brands include PointsBet and WynnBET in others states, as well as Betfred Sports USA, FOX Bet, Golden Nugget Online Gaming, Fubo Sportsbook, PlayUp, SuperBook Sports and Virginia Lottery.

In Canada, Paysafe has a payments partnership with PlayAlberta.ca, after its launch of Alberta’s only regulated online gambling website in 2020. Paysafe also has Canadian processing partnerships with Atlantic Lottery Corporation, BCLC, Loto-Quebec and Ontario Lottery and Gaming (OLG).

Gambling problem? Call 1-800-GAMBLER (Available in the US) Call 877-8-HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA), 1-800-NEXT-STEP (AZ), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR) 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. Subject to eligibility requirements. Bonus bets are non-withdrawable. This promotional offer is not available in DC, Mississippi, Nevada, Ontario, or Puerto Rico.

Latest Launch in New York

Australian-based PointsBet went live late Monday night in the busy field of mobile  New York sports betting operators.

PointsBet New York received the thumbs up from the New York State Gaming Commission and joins Caesars Sportsbook New York, DraftKings New York, FanDuel New York and BetRivers New York, which all started on Jan. 8. BetMGM started Jan. 17.

Along with WynnBET New York, two other companies have yet to go live in the Empire State: Bally Bet New York and Resorts World New York.

Through the first nine days (Jan. 8-16) of mobile gambling, the state announced a combined handle of $603 million by Caesars, Fan Duel, DraftKings and BetRivers.

Those numbers might be updated Friday, to reflect three weeks and the inclusion of BetMGM as an operator.

GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit http://gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit http://ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). Pass-thru of per wager tax may apply in IL. 1 per new customer. Must register new account to receive reward Token. Must select Token BEFORE placing min. $5 bet to receive $200 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Token expires 1/11/26. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: http://sportsbook.draftkings.com/promos . Ends 1/4/26 at 11:59 PM ET. Sponsored by DK.
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Author

Lou Monaco

Lou Monaco had been East Coast Scene columnist for Gaming Today in Las Vegas since June 2019, covering the East Coast sportsbook scene with emphasis on NJ and PA. He also currently is a part-time writer for the high school sports department for NJ Advanced Media (NJ.com) in Iselin, NJ. Lou has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.

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