Online Bookmaker PointsBet Leverages Global Payments for US Sportsbook Debut

Feb 4, 2019 5:12:21 PM / by Global Payments Gaming Team

Online bookmaker PointsBet made its US debut with the opening of its New Jersey online sportsbook that relies on Global Payments Gaming Solutions to allow players to fund bets and claim winnings via electronic checking.

Online gaming is expanding rapidly as a result of last year’s U.S. Supreme Court decision overturning federal restrictions on state-level gambling. Global Payments Gaming Solutions provides quick speed-to-market with a full range of payment solutions for physical and virtual gambling venues.

Variable betting options on games

Launched in Australia, PointsBet is offering New Jersey players online gaming via its mobile app and web portal. In addition to traditional wagering, the company’s unique PointsBetting product provides players with a high-octane way to bet on sports, where potential winnings or losses are variable right up until the end of a game. Players can bet on different aspects of games, such as the time of the first touchdown in a football game, time of the first penalty in a hockey game, or the number of three-pointers a basketball star makes during a basketball game.

“Global Payments is a vital element in our effort to provide New Jersey players with the easiest to use, most exciting experience in online and mobile gaming,” said PointsBet Group CFO Nick Fahey. “The agreement with Global Payments Gaming Solutions eases our entry into the US market and ensures we can provide a frictionless payment experience for consumers.”

With ACH guarantee services provided by Global Payments, players can fund their bets and get real time access to their winnings electronically using their regular checking accounts. Global Payments services protect businesses from fraud, improve cash flow, and make it possible for gaming organizations to offer electronic wallet capabilities to improve the sports betting experience.

Simple, secure, convenient player experience

“The ability to easily fund online accounts and claim winnings electronically is an essential part of online and mobile sportsbook operations and we are pleased to be selected by PointsBet for their U.S. operation,” said Christopher Justice, President of Global Payments Gaming Solutions. “Our experience in providing a simple, secure and convenient player experience has made us the logical partner for a majority of the interactive gaming properties in the industry.”

Global Payments Gaming Solutions is leading the industry’s push into online gaming. Today we process more than 15 billion ACH transactions and enable safe and simple cash access for the majority of leading online casino, social gaming, lottery and fantasy sports brands. Benefits of our offering include:

  • More dollars in play than any other cash access provider
  • Millions of registered VIP Preferred e-check users
  • The highest limits in the industry
  • Simple signup and ability to use accounts across physical and digital properties

Topics: iGaming, e-check, mobile casino, social gaming, sports betting, Daily Fantasy Sports, interactive gaming, ICE London 2019