BetRivers Integrates Crypto with BurraPay Partnership

BetRivers and BurraPay Bring Cryptocurrency to U.S. Gaming

Rush Street Interactive (RSI), the company behind BetRivers Casino and Sportsbook, has announced a pivotal partnership with BurraPay, enabling cryptocurrency payments in its gaming ecosystem. This integration marks a groundbreaking step as BetRivers becomes the first major U.S. operator to implement a comprehensive crypto payment rail within a regulated gaming framework.

Phased State Implementation

The integration will be rolled out on a state-by-state basis subject to local regulatory approvals. This strategic move is set to revolutionize how players can fund their BetRivers accounts, offering a new level of flexibility and innovation in payment options.

Expanding BetRivers’ Reach

BetRivers provides sports betting across 15 U.S. states and online casino gaming in Pennsylvania, Michigan, New Jersey, West Virginia, and Delaware. This new partnership with BurraPay extends its offerings, making it the first regulated U.S. operator to adopt cryptocurrency deposits for casino, sports betting, and sweepstakes, where permitted by law.

A New Era in Player Experience

Richard Schwartz, CEO of RSI, highlighted the value of the new payment option, stating, “This reinforces our commitment to putting our players first.” The crypto option aims to enhance user experience by providing more financial flexibility while maintaining compliance with regulatory standards.

BurraPay’s Cutting-Edge Technology

New Jersey-based BurraPay brings advanced technology to the table with two exclusive U.S. patents for integrating digital currency into gaming systems. Their infrastructure supports operator-controlled digital wallets that adhere to crucial regulatory standards, including AML (Anti-Money Laundering), KYC (Know Your Customer), KYT (Know Your Transaction), and CTF (Counter-Terrorism Financing).

This platform allows players to use any cryptocurrency wallet that connects to the system, catering to licensed operators and creating an opportunity for widespread adoption as gaming regulations evolve across the country.

Setting Industry Standards

BetRivers' pioneering initiative sends a clear message to the industry: cryptocurrency and compliance can coexist. By launching this feature, BetRivers not only enhances the gaming experience with faster deposits and enhanced privacy but also maintains strict adherence to regulatory oversight. "This proves crypto payments can be delivered in a compliant, scalable way," said BurraPay CTO Luke Millanta.

Future Outlook

The introduction of crypto payments is poised to influence the competitive dynamics of the sweepstakes casino market significantly. As consumer preferences shift toward digital currency solutions, other operators may follow BetRivers’ lead, potentially transforming the payment landscape within the gaming industry.