Casinos, Gambling And Gaming Platforms Bet On Instant Payments
The $153B Online Gambling Market Is Going All In With Cashless Payments
Online gambling and casinos grew during the pandemic, but the lack of money mobility options for customers is a risky bet. In this month’s “Money Mobility Tracker®,” a collaboration with Ingo Money, DraftKings tells PYMNTS how payment speed without compromising security is crucial in the gambling industry.
Inside the December Tracker
- DraftKings discusses the need to offer payment speed without compromising security.
- Regulators and industry innovators are calling for the casino industry to embrace cashless payments. Due to the pandemic and a desire to gain a competitive advantage, the industry is responding.
- Consumers want to receive their gambling winnings through a variety of payment methods, with instant payments among the most desired. Many companies, however, are not meeting this need.