When it comes to sports betting, speed isn’t just for the players on the field. It’s also a critical factor in the flow of cash, where seamless deposits, lightning-fast payouts and frictionless transactions can make or break a bettor’s experience. “It’s very frustrating for a...
At the end of DraftKings’ fourth-quarter earnings call Friday (Feb. 14), Co-founder and CEO Jason Robins was asked whether the company would ever accept cryptocurrency payments. “It’s certainly something we’re looking at,” he told analysts. “It’s also getting regulators comfortable with it. They’re usually cautious...
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 a friction-filled afterthought, increasingly sit at the center of this evolution. “Payments aren’t just a backend function — they’re a...
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 customers in New York, giving players up to a 100% profit boost on winning parlays, CNBC reported Friday (Jan. 3)....
February 24, 2025
When it comes to sports betting, speed isn’t just for the players on the field. It’s also a critical factor in the flow of cash, where seamless deposits, lightning-fast payouts and frictionless transactions can make or break a bettor’s experience. “It’s very frustrating for a player to deposit money [on one site] and then have […]
February 13, 2024
MGM Resorts International, Las Vegas’ largest casino operator, reported record full-year and Q4 net revenue for its operations in the city on Tuesday (Feb. 13), a milestone achievement coming on...
October 23, 2023
Out on the casino floor, moves occur in real time. Chips can be turned in for cash in hand immediately after winning them, and players can move from one game...
May 12, 2023
The proliferation of riskier, long-shot betting strategies may mean gamblers are more eager to get their winnings — now. The Wall Street Journal reported this week (May 7) on the...
March 10, 2025
Mastercard and Visa are probing claims that illegal gambling websites facilitated deposits through their networks. An investigation into the sites found that Mastercard and Visa were failing to prevent their networks from being used for those transactions, The Guardian reported last week. The investigation — by the group Investigate Europe — found that Mastercard was […]
January 05, 2025
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 customers in New York, giving...
September 20, 2024
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 at a time when online...
September 17, 2024
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 Finance Ministry will begin Oct....
