Paysafe s Zak Cutler predicts supersized Super Bowl for sportsbooks

Paysafe’s Zak Cutler claims we will see “unprecedented” sports betting volumes on this year’s Super Bowl, but says “there can be no play without pay,” in quotes sent to Gambling Insider

Paysafe’s Zak Cutler claims we will check “unprecedented” sports betting volumes on this year’s Super Bowl, but says “there can live no recreate without pay,” inward quotes sent to Gambling Insider.

The company’s CEO of North America iGaming went into detail virtually his expectations for Sunday’s Big Game betting action, stating that Super Bowl LVI testament be when US online and mobile sports wagering eventually “comes of age.”

Citing the launch of New York’s regulated online and wandering betting market, as considerably as others the likes of LA and Arizona, Cutler called this month’s yearly sporting case a “major revenue opportunity” but said a sudden surge in wagering volumes “will also live a challenge to negotiate.”

He discussed payments as a cay factor when it comes to sportsbooks’ performance, and highlighted how crucial he believes this area will live when determining who comes out on top.

“Our broader ecommerce search inwards the descend forwards of the Joseph Black Friday weekend revealed that o'er a tertiary (36%) of US and global merchants on a regular basis incur online checkout time issues during holiday spikes,” remarked Cutler.

“This dynamic is double valid in the iGaming space, where customers are not only depositing, or paying cash in hand into their accounts, but also cashing-out win from successful wagers.

“For online and peregrine sports betting, on that point canful live no more dramatic play without pay. And the sportsbooks that have the depositing and pay-outs experience compensate inward the countdown to Super Bowl LVI will clear a major competitory advantage.”

Ultimately, Cutler concluded that those sportsbooks who manage to do so, “will follow as often victors as the Rams or Bengals come up Sunday.”