Sports Betting news and trends

Pay by Bank Is User Experience Grand Slam for Sports Betting
Payment Methods // 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...

Are Cryptocurrency Payments in the Cards for DraftKings?
Earnings // February 14, 2025

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...

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

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...

Nice Spread: AI Is Coming for the Guac This Super Bowl Sunday
artificial intelligence // January 18, 2025

Every single American holiday is about the spread. Your mom’s Thanksgiving dinner sets the standard, but don’t discount the Super Bowl. This clash of pigskin-wielding titans is our first exercise in excess each calendar year. And artificial intelligence (AI) has decided it wants a share...

Interviews & Exclusives
Pay by Bank Is User Experience Grand Slam for Sports Betting

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 […]

MGM Resorts Expands BetMGM Gaming Brand to 29 Markets, Boosts Digital Wallet

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...

Instant Payouts Offer a Win-Win for Players and Online Betting Sites

January 17, 2024
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, which many found more fun...

Can Prize-Linked Savings Accounts Help Consumers Play Their Way to Prosperity?

September 13, 2023
In light of today’s challenging macro environment, Americans’ savings accounts may need some saving themselves. Inflation is top of mind for increasingly embattled consumers, with PYMNTS Intelligence finding that nearly three...

Quick Reads
Trustly Brings Pay by Bank to Hard Rock’s Sports Betting Platform

March 19, 2025
Pay-by-bank provider Trustly has launched a partnership with Hard Rock Digital. The collaboration, announced in a Wednesday (March 19) news release, will see Trustly provide pay-by-bank services to Hard Rock Bet, the company’s sportsbook/iGaming platform. “Through this integration, Hard Rock Bet players will be able to securely link their bank accounts for instant deposits and withdrawals using Trustly,” the companies […]

DraftKings Pilots Subscription Service for NY Customers

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...

Brazilian Banks: Consumer Spending Cuts Could Be Due to Rise in Online Sports Betting

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...

Brazil to Bar Use of Credit Cards in Online Gambling

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....