PYMNTS-MonitorEdge-May-2024

gambling

DraftKings’ Customer-Centric Strategy Avoids Mention of Any Specific Digital Innovations 
DraftKings’ Customer-Centric Strategy Avoids Mention of Any Specific Digital Innovations 
November 03, 2023  |  Earnings

It’s football season, and that is good news for sports betting company DraftKings. The gaming platform’s third quarter 2023 earnings results saw a 57% increase...

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Digital Payments Make Gains in Gaming But Cash Remains King
Digital Payments Make Gains in Gaming But Cash Remains King
October 27, 2023  |  Disbursements

As gaming enthusiasts seek the thrill of quick access to their rewards, a recent survey conducted by PYMNTS Intelligence sheds light on this evolving landscape....

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Only Half of Gamers Have Access to the Instant Payouts That 8 in 10 Prefer
Only Half of Gamers Have Access to the Instant Payouts That 8 in 10 Prefer
October 23, 2023  |  Money Mobility

Out on the casino floor, moves occur in real time. Chips can be turned in for cash in hand immediately after winning them, and players...

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Station Casinos Teams With Trustly for Open Banking Payments
Station Casinos Teams With Trustly for Open Banking Payments
August 23, 2023  |  Loyalty & Rewards

Trustly says it has been named payments provider for Station Casinos’ NFT loyalty marketplace. The open banking payments company announced the partnership Wednesday (Aug. 23), saying it aimed...

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DraftKings: Average Monthly Unique Players Surge 44% to 2.1 Million
DraftKings: Average Monthly Unique Players Surge 44% to 2.1 Million
August 04, 2023  |  Earnings

DraftKings posted second-quarter earnings results that showed increased presence within the online betting space, a boost in average users and gains in revenues per user....

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DraftKings Tries to Outbid Rival Fanatics in PointsBet Deal
DraftKings Tries to Outbid Rival Fanatics in PointsBet Deal
June 16, 2023  |  Acquisitions

Online sportsbook company DraftKings has made a last-minute bid to buy the U.S. business of betting firm PointsBet. The $195 million offer from the company...

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BettorEdge and Betting Ladies Partner on Sports Betting and Content
BettorEdge and Betting Ladies Partner on Sports Betting and Content
May 30, 2023  |  Partnerships

BettorEdge and Betting Ladies have partnered to provide services to both companies’ communities. With this collaboration, the Betting Ladies sports betting community will have access to the BettorEdge sports...

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Las Vegas Casinos Rake in $8.3 Billion and Lean Into High Rollers
Las Vegas Casinos Rake in $8.3 Billion and Lean Into High Rollers
May 29, 2023  |  Business

Las Vegas casinos are focusing on upscale gamblers — and making a record amount of revenue. The amount of gambling revenue brought in by casinos...

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UK Treasury Committee Proposes Regulating Consumer Crypto Trading as Gambling
UK Treasury Committee Proposes Regulating Consumer Crypto Trading as Gambling
May 19, 2023  |  Cryptocurrency

Consumer trading in cryptocurrency should be regulated not as a financial service but as gambling. So said the Treasury Committee composed of Members of Parliament (MPs) from...

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