PXP Financial has announced a new partnership for its provision of Gateway services, along with a comprehensive portfolio of payment solutions to gaming specialists, ROAR Digital, the joint venture between MGM Resorts International and GVC Holdings.
PXP is currently providing payment solutions for ROAR Digital’s popular sports betting app, BetMGM, in New Jersey, West Virginia, Colorado, Indiana, and Nevada, with a phased rollout of subsequent states over the course of 2020.
Koen Vanpraet, CEO of PXP Financial, commented: “The deregulation of sports betting in the US has opened a new and exciting market and we are right where we want to be; at the heart of the industry working with a legendary global entertainment company like ROAR Digital. PXP Financial has a powerful proven track record in sports betting and we are pleased to bring it to the table in this partnership.”
The news follows the announcement that PXP Financial is making a major push into the US market, which it stated is the next logical step for the company. PXP Financial is already providing payment services to a portfolio of large US companies, with the firm now adding key functionality and presence to its US business.
The announcement underlines PXP Financials’ goals for 2020, as it looks to grow its overall business by focusing on key verticals, including retail, travel, online gaming and hospitality. As part of those plans, PXP Financial will also introduce a channel programme that will support payment facilitators and IPSP’s.