PYMNTS-MonitorEdge-May-2024

gambling

Will Olympics Bring About an Online Betting Bump?
Will Olympics Bring About an Online Betting Bump?
July 11, 2024  |  International

Sportsbooks and daily fantasy operators are reportedly awaiting a bump in Summer Olympics-related betting. As CNBC noted in a report Thursday (July 11), this year’s Paris games...

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Online Gambling Firms’ Safeguards Differ in US and UK
Online Gambling Firms’ Safeguards Differ in US and UK
July 03, 2024  |  Regulation

Online gambling firms FanDuel and BetMGM are reportedly not offering in the United States some of the safeguards they have implemented in the United Kingdom. The two companies...

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UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows
UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows
May 16, 2024  |  Regulation

The British government is loosening its rules for brick-and-mortar betting businesses as online gambling grows. The U.K.’s Department for Culture, Media and Sport issued a report Thursday (May...

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DraftKings Isn’t Gambling on Its Innovation-Fueled Customer Acquisition Strategy
DraftKings Isn’t Gambling on Its Innovation-Fueled Customer Acquisition Strategy
May 03, 2024  |  Earnings

When it comes to gambling, over a long enough time frame, the house always wins. And that appears to be the case with daily fantasy...

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FanDuel Picks NY Over London for Primary Listing
FanDuel Picks NY Over London for Primary Listing
May 01, 2024  |  Stock Index

FanDuel is reportedly preparing to switch its public listing to the U.S. markets. Shareholders in Flutter Entertainment, FanDuel’s Ireland-based owner, have voted to move the online betting group’s...

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76% of Gamers Who Can’t Access Instant Payouts Would If They Could 
76% of Gamers Who Can’t Access Instant Payouts Would If They Could 
April 24, 2024  |  Real-Time Payments

Winning can provide an instant rush — and although 8 in 10 gamers prefer immediate access to their winnings, less than half of gamers now have...

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Brands Use Mobile Data to Deepen Loyalty Connections With Customers
Brands Use Mobile Data to Deepen Loyalty Connections With Customers
April 10, 2024  |  Loyalty & Rewards

Loyalty programs have long served as a cornerstone for businesses seeking to cultivate lasting relationships with their customers. With the ongoing evolution of mobile technology...

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DraftKings and MGM Find New Gaming Frontier in Brazil
DraftKings and MGM Find New Gaming Frontier in Brazil
April 03, 2024  |  International

Some of the sports betting world’s biggest players have reportedly turned their sights on Brazil. Companies such as DraftKings and MGM Resorts International are exploring entry into Latin America’s largest economy...

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Sportsbook Giants Launch Association to Promote Responsible Gambling
Sportsbook Giants Launch Association to Promote Responsible Gambling
March 27, 2024  |  Digital Payments

Seven of America’s largest sportsbook companies launched a trade group to combat problem gambling. The Responsible Online Gaming Association (ROGA), announced in a news release Wednesday (March 27), is...

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