PYMNTS
DECEMBER 27, 2019
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.
PYMNTS
SEPTEMBER 2, 2019
Mobile sports betting is quickly growing to a point where New Jersey is close to topping Las Vegas as the country’s biggest market, The Wall Street Journal reported Monday (Sept. Mobile betting, however, is only allowed in five: New Jersey, Pennsylvania, West Virginia, Iowa and Nevada. at more than $40 billion by 2020.
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PYMNTS
OCTOBER 4, 2019
Credit Karma , a company that enables people to gain access to their credit scores, is launching a high-yield savings account that customers can use through an app and online. Credit Karma is partnering with West Virginia-based MVB Bank on the venture. Although Credit Karma’s APY is high, it’s not the best on the market.
CFPB Monitor
DECEMBER 5, 2022
Any vehicles sold online, including through www.carmax.com or the CarMax mobile app, must also clearly and conspicuously disclose on the first page of the overall description of the vehicle or vehicle history report that the vehicle may be subject to an open recall for safety issues that have not been repaired.
PYMNTS
MAY 4, 2020
Looking at the past several weeks of PYMNTS consumer survey data, four times more consumers are buying groceries online instead of going into the grocery store these days. Smith suffers from a chronic medical condition affecting her connective tissue and laments the fact that she can’t use her SNAP to easily shop online.
Fintech Labs Insights
OCTOBER 14, 2015
Looking for inspiration this morning I did a random search on Google for “banks in West Virginia.” If they were a fintech company, we’d be talking about how close they are to being a unicorn (current market value is just under $750 million ). It also lists “Avoiding overdrafts” first (see #10).
PYMNTS
SEPTEMBER 11, 2019
legal sports betting market following a 2018 Supreme Court Decision to legalize such activities is $150 billion. In New Jersey, for instance, mobile sports betting is growing to the point where the state is reportedly near topping Las Vegas as the country’s biggest market. Approximately 80 percent of gamblers are now betting online.
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