Paysafe expands FOX Bet partnership into Michigan

HOUSTON, Texas–(BUSINESS WIRE)–Paysafe (NYSE: PSFE), a leading specialized payments platform, today announced an expanded partnership with FOX Bet, a U.S. online and mobile sports-betting platform operated by Flutter Entertainment plc (LSE: FLTR; EURONEXT: FLTR). Building on Paysafe integrations across multiple states, FOX Bet has now strengthened its Michigan sportsbook’s payments offering with the Skrill digital wallet and paysafecard eCash solution.

Paysafe has streamlined payments for Flutter Entertainment’s Betfair and PokerStars brands for well over a decade, and its Skrill solution is already integrated with FOX Bet’s Colorado, New Jersey, and Pennsylvania offering.

Now, the addition of both Skrill and paysafecard will allow FOX Bet to better serve sports bettors in Michigan. After credit and debit cards, digital wallets are Americans’ preferred online payment method, with 40% of consumers using a wallet like Skrill at least…

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