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 sports contest and sports betting company DraftKings, which on Friday (May 3) reported that its revenue had grown 53% year-over-year in the first...
In line with the digital transformation sweeping across industries, Six Flags has embarked on a digital transformation initiative aimed at redefining the guest experience in theme parks. Central to this endeavor is the integration of artificial intelligence (AI) technologies aimed at transforming every aspect of the...
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) press release. This product expands the capabilities of Paysafe’s...
MGM Resorts International, Las Vegas’ largest casino operator, reported record full-year and Q4 net revenue for its operations in the city on Tuesday (Feb. 13), a milestone achievement coming on the heels of a cyberattack which has left the hotel and gaming company facing a...
February 13, 2024
MGM Resorts International, Las Vegas’ largest casino operator, reported record full-year and Q4 net revenue for its operations in the city on Tuesday (Feb. 13), a milestone achievement coming on the heels of a cyberattack which has left the hotel and gaming company facing a $100 million loss. On Sept. 12, PYMNTS wrote that MGM Resorts’ websites […]
January 18, 2023
Players using online betting platforms want winnings now, and digital innovation is enabling it. Another way of looking at it is that online sports betting makes consumers happiest when the...
April 29, 2024
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) press release. This product expands the capabilities of Paysafe’s Gateway, the company’s iGaming payments solution, and was added “to […]
February 09, 2024
Sports betting and iGaming operator BetMGM has become the exclusive Live Odds Sport Betting partner of social media platform X, formerly Twitter. With this partnership, BetMGM’s odds and branding will be integrated into...
December 14, 2023
GBank Financial Holdings and BankCard Services (BCS) have executed a definitive merger agreement in which the bank will acquire BCS. In an all-stock transaction, BCS shareholders will receive an aggregate of $10 million...
December 08, 2023
Sports betting operator DraftKings is reportedly facing a class-action lawsuit filed in the Massachusetts Superior Court. The lawsuit alleges that the company designed an “unfair and deceptive” promotional offer with the intention...
