PXP Financial Inc., the US subsidiary of PXP Financial Ltd., a provider of global acquiring, payment, fraud and data analysis services, has announced its partnership with US gaming operator BetMGM, the joint venture between MGM Resorts and Entain (formerly GVC).
BetMGM is a sports betting and gaming entertainment company founded in New Jersey in 2018. Earlier this year PXP Financial partnered with the company to support its expansion plans by providing a state-of-the-art, all-in-one payment solution and service and now the payment experts will be utilising its full-service gateway to support further expansion across the US.
Kamran Hedjri, CEO at PXP Financial Inc., 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.”
PXP Financial is supporting BetMGM with a single API integration that connects all alternative payment and card solutions across multiple US states. This makes 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 and West Virginia, Pennsylvania and Michigan.
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 International and Tipico.