PXP Financial has documented its latest expansion within the US gaming market, after rolling-out a partnership with operator BetMGM, the joint venture between MGM Resorts International and Entain.
This follows a prior partnership which saw PXP Financial align with the igaming and sports betting company to support its expansion plans by providing an all-in-one payment solution and service.
Subsequently, BetMGM, which was founded in New Jersey in 2018, will now be utilising the organisation’s full-service gateway to support further expansion across the country.
PXP Financial is supporting BetMGM with a single API integration that connects all alternative payment and card solutions across multiple US states.
This aims to make managing the payment process across the US much simpler while rolling out BetMGM’s offerings into new states, as there is no need for multiple integrations.
PXP’s full-service gateway has already been deployed with BetMGM across seven US states including Tennessee, Indiana, New Jersey, Colorado, West Virginia, Pennsylvania and Michigan.
Kamran Hedjri, CEO at PXP Financial, says: “Our partnership with BetMGM has been a very rewarding undertaking for us. BetMGM has been incredibly easy to work with as we both push against the tight deadlines we outlined for ourselves. There is a lot of exciting stuff on the horizon and we look forward to a very bright future for this partnership.”
Increasing its presence in the US gaming market since 2013, PXP Financial has recently announced a stream of other strategic partnerships with gaming companies including Penn National Gaming and Tipico.
The former saw the group deploy its full-service gateway, offering multiple connections to several payment service providers, and a fully managed service to include reconciliations and risk monitoring, for Penn Interactive.