Paysafe Enters Arkansas Sports Betting Partnership with Saracen Casino Resort

Paysafe Enters Arkansas Sports Betting Partnership with Saracen Casino Resort
By Christopher Boan
Fact Checked by Michael Peters

One of the largest sports betting and iGaming payments processing companies in America is officially entering the Arkansas sports betting scene, thanks to its partnership with Pine Bluff’s Saracen Casino Resort.

Paysafe, which operates in tandem with a number of operators in 21 other states, will work with Saracen on its BetSaracen mobile application, so users can use the company’s Skrill USA digital wallet to make deposits and payouts.

An Easy Decision for Both Sides

Saracen’s Chief Market Officer Carlton Saffa said in a company press release BetSaracen’s ability to incorporate Paysafe’s systems will allow its customers to have peace of mind when they take out or deposit through the application. BetSaracen launched its betting app in May.

“When partnering with Paysafe, we were impressed by the ease of use of the company’s payment solutions and Skrill USA in particular,” Saffa said in the press release. “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.”

Zak Cutler, who serves as the CEO of North America iGaming at Paysafe, shared a similar sentiment — saying the company’s decision to partner with Saracen reinforces their bond with the facility’s owners (the Quapaw Nation of Oklahoma).

“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,” Cutler said in the press release. “We’re confident that BetSaracen’s players will find our Skrill USA digital wallet a game-changing payment solution for sports wagering.”

Where the Arkansas Sports Betting Scene Stands

The Natural State’s sports betting marketplace hit its stride in May, thanks in large part to the Razorbacks’ College World Series run.

Arkansas’ two sports betting operators (Saracen Casino Resort and Southland Casino) pulled in more than $9.4 million in wagers during the month, up 9.5% from the $8,598,226 the market raked in during April.

The addition of Paysafe’s online wallet to BetSaracen’s mobile platform should only further bolster its returns over the next few months, leading up to the kickoff of the Razorbacks’ 2022 football campaign in September.

The final outstanding mobile operator in the state — Oaklawn Racing Casino Resort — told BetArkansas.com in late April the company’s goal was to have its application up and running early in the third quarter of the year, in time for the opening kickoff of the college football season.

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Contributors

Christopher Boan is a lead writer at BetArkansas.com specializing in covering state issues. He has covered sports and sports betting in Arizona for more than seven years, including stops at ArizonaSports.com, the Tucson Weekly and the Green Valley News.

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