We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
Don't Know Your Password?
New to Zacks? Get started here.
Don't Know Your Password?
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
OK Cancel
Image: Bigstock
Zacks Equity Research
CZR DKNG PSFE 
Trades from $1
You follow Analyst Blog – edit
You follow Zacks Equity Research – edit
Paysafe Limited (PSFE – Free Report) has recently entered the Kansas online sports-betting space as a part of its 2022 North American expansion drive. With this expansion, Paysafe will have its footprint in 23 states or jurisdictions. Before Kansas, PSFE entered New York, Oregon, Louisiana, Arkansas and Ontario in 2022.
The move increases Paysafe’s scale of supporting operators with payments as the company supports several online sportsbooks in Kansas with players’ debit and credit card deposits and ACH payments. The company’s marketing technology and services provider Income Access is supporting the affiliate marketing programs of several Kansas iGaming brands.
Paysafe has extended its long-lasting payments partnerships with DraftKings (DKNG – Free Report) , Caesars Entertainment (CZR – Free Report) and PointsBet in the state.
Paysafe’s payments gateway has been connected with online sportsbooks from DraftKings, Caesars and PointsBet for seamless online debit and credit card deposits. With Paysafe, Caesars Sportsbook and PointsBet are also allowing players to link their bank accounts to their sportsbook accounts, make ACH deposits and receive winning payouts.
“We look forward to using our payment solutions and affiliate marketing technology to help operators in Kansas establish their brands by acquiring new players and retaining them, to also ensure the wider market’s growth,” said Zak Cutler, President of Global Gaming at Paysafe.
Caesars Entertainment, Inc. (CZR) – free report >>
DraftKings Inc. (DKNG) – free report >>
Paysafe Limited (PSFE) – free report >>
Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next 30-90 days.
Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better. See our report’s 7 new picks today, absolutely FREE.
Privacy Policy No cost, no obligation to buy anything ever.
This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor’s Business Daily, Inc.; and Morningstar, Inc.
Copyright 2022 Zacks Investment Research 10 S Riverside Plaza Suite #1600 Chicago, IL 60606
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.51% per year. These returns cover a period from January 1, 1988 through September 12, 2022. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
Visit Performance Disclosure for information about the performance numbers displayed above.
Visit www.zacksdata.com to get our data and content for your mobile app or website.
Real time prices by BATS. Delayed quotes by Sungard.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
About Author
