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Crypto 2020: One Step Up; Two Steps Back

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If 2020 taught us anything about cryptocurrencies, it’s that they’ve reached a tipping point. If one measures success for digital currencies in buzz — and in price appreciation for many of the marquee names — then 2020 stands out as a banner year. Here are some of cryptos’ key developments for 2020: Bitcoin Goes Higher And Higher.

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With Wynn’s $402M In Net Losses, Is Online Gambling The Future Of Gaming?

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reported a net loss of $402 million for the first quarter of 2020. Wynn Resorts runs the Encore and Wynn properties on the Strip as well as properties in Macau and the Encore Boston Harbor. The report also noted that online gambling or gaming sites are expecting major growth in the U.S., Revenues for its casinos plummeted by 61.7

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Odds Are That Online Sportsbook Wins Big Post-COVID

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Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. DraftKings already has similar arrangements with three NBA franchises: the Boston Celtics, Indiana Pacers and Philadelphia 76ers. billion by 2025.

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Visa: US Contactless Payments Primed For A Big 2020

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Penn Station is going online, and [the MTA] will enable another 50 stations this month. By the end of 2020, all rail lines and buses will be enabled.”. We have every expectation that we will achieve full enablement by the end of 2020. So, when is it coming to Boston?” I can’t overstate how impressive that is.”.

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Mobile Order-Ahead Sector Goes All-In On AI

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That’s a silly simplification of the very serious matter of what AI is doing for the restaurant sector, among others, as online ordering becomes a way of life and not just a lockdown relic. Businesses rapidly embraced digital solutions in 2020 as shopping (and eating) moved online while everyone hid out indoors.

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Gambling Site DraftKings To Sell More Shares In $1.6B IPO

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While questions linger over the 2020 sports season, that hasn’t stopped DraftKings from upping its previously announced initial public offering (IPO) to 40 million shares of stock. . The Boston-based online sports gambling company announced Friday (June 19) it will sell 16 million shares of its stock. billion. . “I

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ShipMonk Pulls In $290 Million For eCommerce Growth Effort

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ShipMonk has pulled in $290 million in a funding round led by Boston-based Summit Partners as part of an expansion effort. The ShipMonk funding is part of a surge in cash going to such B2B companies as GoSite , which targets small and medium-size businesses (SMBs) that are moving operations online.

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