The $153B Online Gambling Market Is Going All In With Cashless Payments

Casinos, Gambling And Gaming Platforms Bet On Instant 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.

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