Paysafe Diversifies US iGaming Presence with Multi-State Betr Partnership
Portfolio Pulse from Benzinga Newsdesk
Paysafe (NYSE:PSFE) has announced a partnership with Betr, a micro-betting app from Jake Paul. The first phase of the deal will allow Betr's customers in Ohio and Massachusetts to fund micro-bets and traditional wagers using their debit card.
July 17, 2023 | 8:35 am
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POSITIVE IMPACT
Paysafe's partnership with Betr could potentially increase its user base and transaction volume, which may positively impact its stock price.
The partnership with Betr expands Paysafe's presence in the US iGaming market. This could lead to an increase in the number of transactions processed by Paysafe, potentially driving up revenues and positively impacting the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100