PayNearMe has been approved by the Kansas Racing and Gaming Commission to provide its MoneyLine platform to licensed operators across the state.
In conjunction with the state Gaming Commission giving approved operators the go-ahead to launch in Kansas, five of the fintech company’s sports betting operators are going live with MoneyLine in the state, on the same day that residents can begin wagering.
“These clients are going live just as the 2022 football season gets rolling, enabling fans to place legal wagers on the Jayhawks, Chiefs or any of their favourite sports teams,” said PayNearMe Chief Revenue Officer and General Manager Michael Kaplan.
“Enabling our clients to go live on the same day Kansas residents can place online wagers ensures they will be able to seamlessly manage the millions of dollars projected to be wagered online in Kansas over the next year.