PYMNTS-MonitorEdge-May-2024

gambling

Trustly Powers Real-Time Bank Account Payouts for Sportsbook Player Winnings
Trustly Powers Real-Time Bank Account Payouts for Sportsbook Player Winnings
February 07, 2023  |  Real-Time Payments

The Super Bowl is synonymous with a surge in online sports betting. Last year, Americans wagered around $7.6 billion overall on the event, according to the...

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Sportsbooks Go Live in Massachusetts Jan 31 but Are Not yet Available Online
Sportsbooks Go Live in Massachusetts Jan 31 but Are Not yet Available Online
February 01, 2023  |  Commerce Connected

Retail sportsbooks began taking bets in Massachusetts on Tuesday (Jan. 31), although gamblers using mobile sportsbook apps will have to wait until March to place...

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Perwyn Acquires VIXIO Regulatory Intelligence for Gambling Payments Regulation
Perwyn Acquires VIXIO Regulatory Intelligence for Gambling Payments Regulation
December 12, 2022  |  Acquisitions

European private equity investor Perwyn has bought VIXIO Regulatory Intelligence. VIXIO, a London-based FinTech that provides data and intelligence to the gambling payments industry, said...

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Online Betting Remains Bellwether Proving Ground for Real-Time Payments
Online Betting Remains Bellwether Proving Ground for Real-Time Payments
December 01, 2022  |  Faster Payments

Instant payments are increasingly what move the needle for sports bettors. The global sports betting industry is widely projected to deliver outsized growth in the...

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Alameda Co-CEO Compared Crypto Trading With Gambling in Twitter Thread 
Alameda Co-CEO Compared Crypto Trading With Gambling in Twitter Thread 
November 22, 2022  |  Cryptocurrency

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...

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Today in Crypto: Former FBI Agent Says DeFi Exchange Mango Case Not a Hacker; Turkey Seizes $40M in Crypto Gambling Case
Today in Crypto: Former FBI Agent Says DeFi Exchange Mango Case Not a Hacker; Turkey...
October 20, 2022  |  Cryptocurrency

There’s been $40 million in cryptocurrency seized in a Turkish crackdown on illegal gambling, according to the Ankara Chief Public Prosecutor’s office, Coindesk wrote. Authorities...

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Twitch Shutting Down Crypto Gambling Live Streams
Twitch Shutting Down Crypto Gambling Live Streams
September 21, 2022  |  Cryptocurrency

Twitch will ban crypto gambling on its site, the Amazon-owned live streaming platform announced Wednesday (Sept. 21). According to a message posted on Twitter, Twitch...

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Flexia Payments Debuts InstaPlay for Casino Customers
Flexia Payments Debuts InstaPlay for Casino Customers
August 18, 2022  |  Payments Innovation

Gaming FinTech Flexia Payments has debuted a way for casino customers to enroll in a cashless gambling solution that includes casino loyalty systems, a press...

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Taken a Beating on Bitcoin? How ’Bout a Weekend in Vegas?
Taken a Beating on Bitcoin? How ’Bout a Weekend in Vegas?
August 06, 2022  |  Cryptocurrency

What’s highly resistant to 40-year high inflation and malingering COVID-19 (and now monkey pox) fears? The idea of winning money, of course, explaining the 2022...

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