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Paysafe connects Parx Interactive® to full suite of payment methods in US

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Jul 27, 2021

Streamlined integration with Paysafe allows operator’s Michigan iGaming brand Play Gun Lake to offer players range of traditional and alternative payment solutions

Houston, Texas – Paysafe (NYSE: PSFE), a leading specialized payments platform, has partnered with Parx Interactive, the Bensalem, Pennsylvania-based gaming company owned by Greenwood Gaming and Entertainment, Inc. The first phase of a multi-state partnership sees the Parx Interactive-powered Play Gun Lake online casino and sportsbook for Michigan plug into Paysafe for access to all its traditional and alternative payment solutions.

Whether Michigan players want to wager on video slots, casino table games, or U.S. and international sports, Play Gun Lake, which is powered by Parx Interactive in partnership with the Wayland, Michigan-based Gun Lake Casino property, offers a comprehensive range of real-money iGaming options. The brand’s single streamlined integration with Paysafe through its technology partner Playtech’s Information Management Solution (IMS) platform also maximizes consumer choice by providing players with all the ways they want to pay when betting online.

Players who prefer traditional payment methods such as their credit or debit card can now make a frictionless and secure online deposit to wager at Play Gun Lake, with the transaction processed by Paysafe’s best-in-breed payment gateway. Alternatively, players who prefer to use a digital wallet can select Skrill to seamlessly make a deposit, while cash-focused players will be able to wager using Paysafe’s paysafecard eCash solution. The integration also provides access to other industry-leading alternative payment methods.

As well as enabling deposits, Paysafe provides Play Gun Lake players with the ability to withdraw their winnings. Payouts can be transferred into their bank accounts using their Skrill account, where funds are transferred in real time, or via ACH.

In addition to serving all players’ transactional needs, Paysafe allows Parx Interactive to monitor and streamline Play Gun Lake’s payments offering with the platform’s Analyze and Business Portal back-end. This sophisticated suite of reporting and analytics tools will help Parx Interactive optimize its payments offering, as the operator rolls its partnership with Paysafe into other states. Integrations are already planned for Parx Interactive iGaming brands in Pennsylvania and New Jersey.

Gregory Kirstein, Vice President of Business Development for iGaming at Paysafe, said: “We’re strongly focused on providing Parx Interactive’s players with the payment methods that suit their specific preferences and ensuring a frictionless experience for depositing and payouts. Through our comprehensive approach to payments, we look forward to helping Parx Interactive maximize customer acquisition and retention as well as revenue growth in Michigan and other states.”   

Matthew Cullen, Senior Vice President of Interactive at Parx Interactive, commented: “Offering Paysafe’s top payments product through an integration with the Playtech platform will strengthen our offering in Michigan and result in a great user experience, to which we are highly committed. These partnerships are key for Parx Interactive’s national success, and we couldn’t be more excited to roll-out this partnership with Paysafe so close to the time we also launch our sports-betting product.”

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About Paysafe Limited
Paysafe Limited (“Paysafe”) (NYSE:PSFE) (PSFE.WS) is a leading specialized payments platform. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With over 20 years of online payment experience, an annualized transactional volume of US $92 billion in 2020, and approximately 3,400 employees located in 12+ global locations, Paysafe connects businesses and consumers across 70 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments.  Further information is available at www.paysafe.com.

About Skrill USA, Inc.

Skrill USA has been making digital payments simple, secure and quick since 2001. We’re an acknowledged world-leader in developing global payment solutions for people’s business and pleasure, whether they’re depositing funds on a gaming site, buying online or sending money to family and friends. We also meet the needs of businesses worldwide, helping them build a global customer base and drive growth.

The assets, liabilities, and results of operations of Skrill USA are consolidated in Paysafe Limited’s consolidated financial statements; however, Paysafe Limited has no direct equity ownership in Skrill USA. 
 

About Parx Casino® and Parx Interactive
Parx Casino® is owned and operated by Greenwood Racing, Inc. and is the #1 revenue generating casino property in Pennsylvania. Parx features over 200,000 square feet of gaming; 3,270 slot machines and 124 live table games; 48 poker tables in custom built private room; live racing & simulcast action.

Parx Casino® offers 10 food and beverage outlets from quick service to fine dining and operates the Xcite Center, a 1,500-seat live entertainment venue.

Beginning 2019, Parx launched online gaming and online sports betting in multiple states across the country. Also in 2019, Parx opened a $10M world-class sportsbook at the casino property in Pennsylvania. For more information on Parx Casino® and Parx Interactive visit www.parxcasino.com.

About Gun Lake Casino & Play Gun Lake

Gun Lake Casino is excited to introduce the future of gaming with Play Gun Lake! Play Gun Lake has been built in partnership with Parx Casino® to provide a best-in-class online casino platform. Play Gun Lake provides flexibility and convenience for betting online with all your favorite games. A large array of online slots are offered, including classic slots, video slots, and progressive jackpot slots. You will have the chance at bonus rounds, free spins, and plenty more! All of your favorite table games will be in the mix too with games like blackjack, baccarat, and roulette. Live dealers will be coming soon for an authentic online casino experience where Guests can interact with real dealers on a variety of games.

For further information, please contact:

Nick Say, Manager, Corporate Communications for North America, Paysafe

T: +1 514 452-8747; E: Nick.Say@paysafe.com