The payment experts take another step in successful US expansion
New York, NY, 5 January 2021 - PXP Financial Inc., the US subsidiary of PXP Financial Ltd., the expert in global acquiring, payment, fraud and data analysis services, has today 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 and has since developed into the market leader for its area. 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.
To find out more about the PXP Financial family of companies please visit: pxpfinancial.com.
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About PXP Financial Inc.
The end-to-end payment platform: PXP Financial Inc. provides a single unified payments platform to accept payments online, on mobile and at the point of sale. Powered by inhouse global acquiring, 200+ alternative payment methods & financial services, PXP Financial family of companies processes globally over EUR 21.5 billion annually through our unified gateway. Whatever your business needs today or tomorrow, PXP Financials’ innovative payment platform will support your business growth with all the payment services you will ever need from one source, wherever your business takes you. To find out more about PXP Financial family of companies , visit: www.pxpfinancial.com.
About BetMGM
BetMGM is a market leading sports betting and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of MGM's U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain’s US-licensed, state of the art technology, BetMGM offers sports betting and online gaming via market leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit http://www.betmgminc.com/.
