- Delaware North selects Nuvei to power payments for Betly.
- Partnership aims to streamline deposits and payouts across four US states.
What happened
Delaware North, a prominent hospitality and entertainment company, has partnered with Nuvei, a leading fintech provider, to enhance the payment capabilities of its online gaming and sports betting brand, Betly. This collaboration will streamline the payment process for Betly’s customers across its operations in West Virginia, Arkansas, Tennessee, and Ohio, offering a more efficient and secure checkout experience. Nuvei’s platform will facilitate seamless deposits and payouts, leveraging its local acquiring capabilities in the U.S. to accept card payments and enable various payout options, including real-time account-to-account transfers through Nuvei’s Instant Bank Transfer product.
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Why it is important
This partnership is significant as it underscores the growing demand for advanced payment solutions in the iGaming industry. The integration of Nuvei’s technology will not only improve the customer experience by offering a wide range of deposit options and swift payouts but also aligns with Delaware North’s commitment to delivering top-tier gaming experiences. This move is crucial for Nuvei as it expands its presence in the U.S. iGaming market, a sector valued at over $100 billion, and solidifies its position as a global leader in payment technology for the gaming industry. For Betly, this collaboration ensures compliance with local regulations and supports the brand’s growth in a competitive market, where payment efficiency and security are key differentiators. The partnership also highlights the ongoing expansion of legal online gambling in the U.S., positioning both companies to capitalize on this trend and contribute to the economic impact of the industry.
