Nuvei Named New Payments Provider BetMGM, Gets Connecticut Approval For Sports Betting



uvei Corporation announced on Wednesday that its wholly-owned subsidiary has been obtained the registration of an online gaming service provider in Connecticut. The recording was approved by the Connecticut Consumer Protection Council and enables Nuvei to support sports betting and iGaming operators within the state.

Online sports betting was legalized in Connecticut in May 2021. Since the law was passed, state operators have been preparing to launch their sports betting capabilities and iGaming, the first legal online sports betting. being uploaded on October 19.

The announcement comes after BetMGM chose Nuvei for offer a transparent payment experience for its players in the United States, announced last Thursday.

Philip Fayer, President and CEO of Nuvei commented on the partnership and said: “Our partnership with BetMGM further strengthens our technological prowess and our deep-rooted expertise in iGaming. Our growing customer base in the US sports betting market is a testament to our experienced team and robust platform. We look forward to expanding our partnership with BetMGM, improving player satisfaction and increasing conversion rates. “

BetMGM will leverage Nuvei’s technology to instant deposits, payment orchestration and proprietary smart routing features to maximize transaction success rates. BetMGM will also benefit from Nuvei’s extensive portfolio of US payment options, including credit and debit cards, ACH, digital wallets and eCash. In addition, the partnership will provide BetMGM instant withdrawal options, including real-time payments (RTP).

Nuvei is a proven solution provider to help operators with industry expertise and payment processing technology that includes a revenue optimization suite, streamlined payments through a variety of payment methods including cards, payments ACH and alternatives, net deposits, real-time fraud detection. , risk management and instant payments.

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