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PYMNTS

PaySafe Debuts Pay-by-Bank for Online Gaming

Payments company PaySafe has introduced a pay-by-bank offering for online gamblers. The new solution lets online bettors in the U.S. secure funds instantly at operators' cashiers directly from their online bank account, according to a Monday (April 29). This product expands the capabilities of Paysafe's Gateway, the company's iGaming payments…

Industry ・ 8 days

PYMNTS

Las Vegas Casinos Rake in $8.3 Billion and Lean Into High Rollers

Las Vegas casinos are focusing on upscale gamblers - and making a record amount of revenue. The amount of gambling revenue brought in by casinos on the Las Vegas Strip hit a record total of nearly $8.3 billion in 2022 - a total nearly 25% higher than that seen before the pandemic, The Wall Street Journal (WSJ) reported Monday (May 29). Blackjack…

Land-based ・ 29 May 2023

PYMNTS

UK Takes Aim at Problem Gambling with Regulation Updates

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then, advances in technology and an increase in betting among the public have rendered the country's 2005 Gambling Act outdated, the British government said in a white paper It includes proposals designed to tackle problem gambling, including limits to the…

Gambling Addiction ・ 28 April 2023

PYMNTS

Alameda Co-CEO Compared Crypto Trading With Gambling

The former Co-CEO of Alameda Research reportedly enjoyed poker and blackjack and applied what he learned to the firm's cryptocurrency trading. Sam Trabucco - who hasn't been publicly accused of any wrongdoing - posted a thread on Twitter about aggressive gambling strategies and how he applied them to trading, Bloomberg reported Tuesday (Nov.…

Industry ・ 23 November 2022

Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

PYMNTS

Flexia Payments Debuts InstaPlay at Casino

Gaming FinTech Flexia Payments has debuted a way for casino customers to enroll in a cashless gambling solution that includes casino loyalty systems, a said Thursday (Aug. 18). Called the InstaPlay Registration and Integrated Onboarding Module, it will let customers scan a QR code in the casino or on the casino website. The module collects customer…

NFL ・ 19 August 2022

PYMNTS

Gambling Sites Bet on Digital ID, Data to Win

Online gambling has had big payoffs for legitimate operators thanks to pandemic boredom, growing from a $64 billion market in 2020 to roughly $72 billion in 2021. Hidden within those figures - or just not recorded - are the estimated billions in wagers and winnings of crooks using hacked identities to game the system. In a recent conversation with…

Gambling Sites ・ 08 November 2021

PYMNTS

Stopping Fraud in the Online Gaming Marketplace

Big business, online gaming and gambling became even more popular during the pandemic as consumers sought entertainment at home. Players worldwide signed on in droves, and the online gambling market is predicted to rise from approximately $64 billion in 2020 to more than $72 billion in 2021, a growth rate of 12%. In-game assets for digital gaming…

Trust and Safety ・ 21 October 2021

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Shake Shack Bets on New Casino Partnership

In Boston, Shake Shack is opening a location in a casino. The restaurant will be at the Encore Boston Harbor resort, and it will open its doors Saturday (Sept. 11) at the resort's WynnBET Sports Bar. Customers will be able to order at the sports bar and to bring their meals to the gaming tables and machines. The Context In today's connected…

Industry ・ 08 September 2021

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Las Vegas, USA

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USA

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Nevada

PYMNTS

Sightline Payments Bets On Cashless Casinos

When the pandemic hit in March 2020, digital payment and payout options in North America's corporate and tribal-owned casinos were almost nonexistent. As the scramble to reopen began, Sightline Payments Co-founder and Executive Vice President Omer Sattar started getting the calls he's been expecting for about a decade. In a recent interview with…

Payment Methods ・ 27 August 2021

PYMNTS

NY's Cuomo Embraces Online Gambling

Bet on New York emerging a bit more flush from the pandemic. Soon, you might be able to bet on it…literally, online and through mobile means. (OK, actually, you'll be able to be bet on sporting events that way.) New York will join the pantheon of states that have legalized mobile sports betting, per a proposal by Gov. Andrew Cuomo released…

Sports ・ 19 January 2021