Global payment technology company Nuvei Corporation has received its sports betting vendor licence from Colorado’s Division of Gaming.
The licence permits Nuvei to process payments within the state’s boundaries on regulated sports betting sites and apps.
After winning approval to do business in the state of Indiana last month, Nuvei will now be able to offer its full-service payment solutions, including Cashier – its innovative and customisable pay-in and pay-out platform – to the igaming and sports betting industries in Colorado.
Sports betting was legalised in Colorado as of May 1 of this year after approval by state voters in November 2019.
Philip Fayer, Nuvei’s chairman and CEO, said: “This approval will continue to fuel our expansion as we look to grow our igaming footprint in the US. We are extremely honoured to be able to support Colorado gaming operators as they look to process their customers’ sports betting payments securely and with ease.”
