gambling

iGaming’s Payment Evolution Has Strong Odds to Catch Consumer Loyalty

iGaming’s Payment Evolution Has Strong Odds to Catch Consumer Loyalty
iGaming’s Payment Evolution Has Strong Odds to Catch Consumer Loyalty
February 07, 2025  |  Payments Innovation

As sportsbooks and online gaming platforms compete for player loyalty in an increasingly saturated market, the entire sector is getting a makeover. And payments, once...

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DraftKings Pilots Subscription Service for NY Customers
DraftKings Pilots Subscription Service for NY Customers
January 05, 2025  |  Subscriptions

DraftKings is testing a subscription service aimed at giving paying customers improved odds. The $20-per-month plan was rolled out quietly late last month for select...

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DraftKings Eyes Expansion Into New Markets
DraftKings Eyes Expansion Into New Markets
November 08, 2024  |  Earnings

Customer acquisition and its associated costs remain a double-edged sword for officials at DraftKings, according to co-founder and CEO Jason Robins. Third-quarter results released Thursday...

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Brazilian Banks: Consumer Spending Cuts Could Be Due to Rise in Online Sports Betting
Brazilian Banks: Consumer Spending Cuts Could Be Due to Rise in Online Sports Betting
September 20, 2024  |  Consumer Insights

Online sports betting reportedly may be contributing to consumer spending growing slower than expected in Brazil. Some banks and think tanks are making that connection...

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Brazil to Bar Use of Credit Cards in Online Gambling
Brazil to Bar Use of Credit Cards in Online Gambling
September 17, 2024  |  Legal & Regulation

Online gambling companies reportedly will be prevented from operating in Brazil if they haven’t requested authorization to do so. The potential suspensions announced by Brazil’s...

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Federal Bill Targets AI and Credit Cards in ‘Addictive’ Sports Betting
Federal Bill Targets AI and Credit Cards in ‘Addictive’ Sports Betting
September 13, 2024  |  Legal & Regulation

A newly proposed bill would require states that allow sports betting to meet minimum federal standards covering advertising, affordability and artificial intelligence. The SAFE Bet Act...

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US Sports Gambling Industry Totals $220 Billion Since 2018
US Sports Gambling Industry Totals $220 Billion Since 2018
September 06, 2024  |  Earnings

As the NFL season gets underway, sports betting has reportedly become big business in the United States. Since a Supreme Court ruling overturned a law...

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BetMGM Lets Nevadans Connect via Digital Nationwide Wallet
BetMGM Lets Nevadans Connect via Digital Nationwide Wallet
August 22, 2024  |  Mobile

BetMGM says it is the first betting app offering Nevada bettors nationwide connectivity via digital wallet. “Through its operation and partnership with MGM Resorts International and...

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