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

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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Online Betting and Instant Payouts the Odds-on Super Bowl Favorites
Online Betting and Instant Payouts the Odds-on Super Bowl Favorites
January 28, 2023  |  Faster Payments

Want to see a consumer truly upset about payments friction? Tell a gambler to wait a day (or even several days) to collect their winnings....

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PYMNTS Intelligence: Lack of Payments Modernization Is a Risky Decision
PYMNTS Intelligence: Lack of Payments Modernization Is a Risky Decision
December 21, 2022  |  Money Mobility

As the online gambling and casino industries continue to grow, payments present both a challenge and a considerable opportunity. Customers involved in gambling have traditionally...

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