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Odds Are That Online Sportsbook Wins Big Post-COVID

PYMNTS

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. How much potential does online gambling have? It’s been said that “gamblers find things to gamble on.” A ‘League’ Of Their Own . billion by 2025.

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Chinese eSports Provider VSPN Raises $60 Million To Expand Overseas

PYMNTS

Shanghai-based VSPN said it plans to spend the cash largely on investing in innovative eSports production technologies, creating new products and expanding its reach overseas. Consumer demand for eSports and online sportsbooks has increased during the pandemic, which saw the cancellation of most live sporting events.

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POSaBIT Rolls Out Mobile POS For Cannabis Merchants

PYMNTS

POSaBIT, based in Seattle, already manages millions of transactions for over 120 dispensaries across Washington, California, Nevada, Colorado, Arizona and Oklahoma. In May, Nevada authorized what the Associated Press called a “limited marijuana banking system” for the state, where recreational cannabis is legal.

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Trust & Will Completes First-Ever US Digital Will

PYMNTS

The company teamed up with Notarize , which provides legal notarizations online, to execute a digital will for a man named Cory McCormick, a Nevada police officer. Currently, Nevada is the only state that allows digital wills. “It The company has found some nuances in the process, though.

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TemperPack CEO On An eCommerce Shipping Future Free Of Styrofoam

PYMNTS

Plastic foam has managed to spend nearly eight decades at the top of the packaging market despite the fact that it’s annoyingly squeaky and crumbles under the slightest pressure. And we also, in the process, became full-blown manufacturers” out of manufacturing facilities in Las Vegas, Nevada and Richmond, Virginia.

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ICBA’s 2021 National Community Bank Service Award winners

Independent Banker

ICBA’s National Community Bank Service Award winners for 2021 demonstrate that when their local areas need support, community banks are there with innovative, compassionate and thoughtful responses. Independent Banker named it one of the most innovative community banks because of its technology-forward attitude. Kennebec Savings Bank.

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This Week In Insurance Tech: AIG Plans For Tech Investments, State Farm’s Smart Home Patent, Zesty.ai Opens AI Research Lab In Montreal

CB Insights

Talege , a Reno, Nevada-based digital insurance platform, raised a $5M Series A led by Merus Capital. Mutumutu , a Prague-based online life insurance provider, raised $1.3M Huize , a Shenzhen-based online insurance agency platform, raised $55M in its IPO on the Nasdaq exchange. in funding from Societe Generale Assurances.