Online gambling

Online gambling includes poker, casinos and sports betting. The first online casino was in 1994. Many countries restrict or ban online gambling, but it is legal in some states in the United States, some provinces in Canada, most countries of the European Union and several nations in the Caribbean.

(source: en.wikipedia.org)

DraftKings and MGM Find New Gaming Frontier in Brazil
DraftKings and MGM Find New Gaming Frontier in Brazil
April 03, 2024  |  International

Some of the sports betting world’s biggest players have reportedly turned their sights on Brazil. Companies such as DraftKings and MGM Resorts International are exploring entry into Latin America’s largest economy...

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Report: Rush Street Interactive Approaching Potential Buyers, Including DraftKings
Report: Rush Street Interactive Approaching Potential Buyers, Including DraftKings
March 21, 2024  |  Acquisitions

Online betting firm Rush Street Interactive is reportedly considering a sale, among other strategic options. The company’s representatives have approached potential buyers, Bloomberg reported Thursday (March 21), citing unnamed...

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Instant Payouts Offer a Win-Win for Players and Online Betting Sites
Instant Payouts Offer a Win-Win for Players and Online Betting Sites
January 17, 2024  |  Digital Payments

Online gambling has skyrocketed in popularity in the past several years, largely due to the pandemic shutting down physical casinos. The move sent gamers online,...

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Wynn Resorts to Shut Down Gambling Platform in 8 States
Wynn Resorts to Shut Down Gambling Platform in 8 States
August 11, 2023  |  Connected Economy

Wynn Resorts is reducing the jurisdictions in which its online sports betting and iGaming platform is available. The platform, WynnBET, will be shut down “as soon as...

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DraftKings Hits 52-Week High Based on Projected Profitability
DraftKings Hits 52-Week High Based on Projected Profitability
July 10, 2023  |  Connected Economy

Shares of DraftKings soared to a 52-week high Monday (July 10). The Boston-based firm’s projected profitability on an adjusted EBITDA basis took the stock up...

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UK Takes Aim at Problem Gambling With Proposed Regulation Updates
UK Takes Aim at Problem Gambling With Proposed Regulation Updates
April 27, 2023  |  Security & Fraud

The last time the U.K. issued gambling regulations, the iPhone hadn’t been invented. Since then, advances in technology and an increase in betting among the...

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Paysafe Begins Supporting Newly Legal Massachusetts Sports-Betting Market
Paysafe Begins Supporting Newly Legal Massachusetts Sports-Betting Market
March 30, 2023  |  Payment Methods

Paysafe has expanded into Massachusetts to serve the newly legal sports gambling market. The entertainment-focused payment platform is supporting the mobile sports-betting market by enabling players...

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Super Bowl Bets Drive 82% Increase in RTP Gaming Payouts
Super Bowl Bets Drive 82% Increase in RTP Gaming Payouts
February 20, 2023  |  Payment Methods

Sports fans are adding real-time payments to their celebrations of the annual Super Bowl. On the Sunday and Monday immediately following this year’s big game,...

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Super Bowl Weekend a Touchdown for DraftKings
Super Bowl Weekend a Touchdown for DraftKings
February 17, 2023  |  Earnings

DraftKings was the No. 1 most downloaded sportsbook during Super Bowl LVII. That’s according to the sports betting company’s latest earnings call, where DraftKings’ Chief Executive...

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