Paysafe Appoints Zak Cutler CEO of North America iGaming

Paysafe, a leading specialized payments platform, recently announced it has appointed Zak Cutler as CEO of North America iGaming. He will report directly into Group CEO, Philip McHugh.

Cutler joins Paysafe​ from Jackpocket, an innovative app that enables people to buy official state lottery tickets online, where he was VP of Strategy and Product. While there, he also worked with celebrities, sports teams, and large media brands such as Barstool Sports to successfully grow Jackpocket's brand presence nationally. Before that, Cutler worked as Director of Product Management for DraftKings, one of the world's best-known brands in sports entertainment and gaming, where he was responsible for all product initiatives related to payment processing, U.S. compliance, and international expansion.     

Philip McHugh, Paysafe's CEO, commented: "We believe Paysafe has huge potential to win in North American iGaming given our track record as the de facto payments specialist in this sector globally. Now, with the additional leadership bench strength of Zak at the helm of our highly focused team, we are in a better position than ever to help operators seize the opportunities out there through the delivery of best-in-class payments products and services. Zak is very attuned to operator needs and is highly regarded by all who know him in the industry.  He will be a real asset." 

Zak Cutler commented: "As a former Paysafe customer for many years, I'm thrilled to now have the opportunity to join the team in this capacity. I'm really looking forward to playing my part now as a member of the team - I believe we are in the early innings of a massive opportunity!”