The US subsidiary of Trust Payments who provide payment gateway services have been granted a sports betting vendor licence in the state of Colorado, by the Colorado Division of Gaming. Subsequently the licence permits Trust Payments to process payments on legal bets placed within the state as well as run customer onboarding and verification on players for all licensed operators within Colorado.
Speaking about the news if the newly granted licence, Trust Payments Chief Executive Officer Jonathan O’Connor, said: “I’m delighted that we have been awarded a license in Colorado. This complements our existing licenses in New Jersey, Pennsylvania and Nevada and positions us for further expansion and growth in the US. Our ambition is to support operators in all US states where sports betting is legal.”
In addition Kevin Dodson, SVP Gaming at Trust Payments added: “This is great news for all of our existing and future customers. We are looking forward to delivering our unified offering for pay-in and pay-out services to operators within Colorado.”
The activity of sports betting has been legal in the state of Colorado since May 2020. Earlier this week we announced here on Casinomeister US that the NFL team Denver Broncos had teamed up with the fantasy sports specialists FanDuel, to become their official betting partner.