PayNearMe has entered the state of Arkansas after reaching an agreement with Saracen Casino Resort’s new online sports wagering app, BetSaracen, to provide its MoneyLine services.
With the MoneyLine platform approved by the Arkansas Racing Commission, BetSaracen users can now pay for their gaming activities using convenient payment types such as PayPal and Venmo, and cash at 245 retail locations across the Natural State.
Following its launch in Arkansas, PayNearMe is now providing payment services for licensed online sports betting and igaming operators in 19 US states.
“With MoneyLine, we are giving our players the option of the fastest and most convenient way to make deposits using their favorite digital payment types or cash at participating retail locations in Arkansas,” said Carlton Saffa, Chief Market Officer at Saracen Casino Resort.
“Additionally, MoneyLine’s integration with Amelco, BetSaracen’s sports betting platform, makes it easy to provide our players with additional deposit and withdrawal channels in the future, including the forthcoming ability to make real-time, cardless cash withdrawals at ATMs.”
PayNearMe worked closely with the Arkansas Gaming Commission to ensure its MoneyLine services met all applicable statutory requirements. Its integration with BetSaracen is made possible through its strategic partnership with Amelco, a sports betting platform provider used by Saracen Casino.
Leighton Webb, Vice President and General Manager of iGaming and Sports Betting, PayNearMe, added: “We’re excited to offer our best-in-class igaming payments platform to Arkansas operators and partner with Saracen to deliver player-preferred tender types, including PayPal, Venmo, and cash.
“We look forward to being able to further expand their payment options as they grow while helping them manage costs and maximize revenue.”