article thumbnail

NJ Online Gaming Revenue Set To Grow 66 Pct This Year

PYMNTS

With blackjack and roulette on mobile phones, the growing market for online sports wagering in New Jersey has introduced gamblers to virtual casino games. Online casinos’ monthly revenue more than doubled in the 15 months following the rollout of sports betting in June of last year.

NJ 131
article thumbnail

Online Gambling: Why Disbursement Options Are Not Keeping Up With Customer Expectations

PYMNTS

Many are instead flocking to online gambling sites after the closure of all 989 commercial and tribal casino properties in the U.S. However, it can take a long time for online players to collect funds, unlike at casinos, where consumers can instantly collect winnings in cash. The ways gambling winnings can be paid out in the U.S.

Online 142
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Path To World Series Brings Changes To Online Gambling

PYMNTS

It’s not exactly high time for legal online gambling yet – that comes in early 2020, with the Super Bowl and then the NCAA college basketball tournament – but the betting season is certainly heating up on more ways than one. And that new fuel comes as the legal online and mobile gambling industry in the U.S. elections.”.

Online 134
article thumbnail

Caesars Puts Stake In Online Betting Co DraftKings

PYMNTS

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. In New Jersey and Mississippi, DraftKings Sportsbook mobile and retail allows players to bet for major U.S.

Online 108
article thumbnail

No Candy: Godiva To Close US Stores

PYMNTS

retail presence in recent decades, is reversing course and closing all its North American brick-and-mortar locations, according to numerous online news sources citing a company statement. The states with the most locations are California with 20, New York with eight and New Jersey with eight.

article thumbnail

Barneys, Pier 1 And Other Iconic-But-Bankrupt Retailers Are Coming Back To Life 

PYMNTS

Plenty of famous retail chains have collapsed both before and during a pandemic that has slammed brick-and-mortar stores, but some iconic names like Pier 1 , Barneys New York and others are coming back – at least in some fashion. The launch of Barneys at Saks is a seminal moment to reignite the brand for the future.”.

Retail 246
article thumbnail

New RadioShack Owner Looks To Turn 'Fallen Angels' Into eCommerce Stars

PYMNTS

It’s a plan the company describes as “transforming well-known, distressed retail brands into eCommerce success stories.” REV Executive Chairman Tai Lopez stressed RadioShack ’s sales potential as a well-known global brand. Snapping up Fallen Retail Brands. Re-Inventing for Online. It’s Not Just About Retailers.

Branding 254