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Opening Bets: MGM Deals Foreshadow New Gambling Culture

PYMNTS

The goal is to “create a world-class sports betting and online gaming platform in the United States, well-positioned to engage in the new opportunities created by the recent Supreme Court decision” in overturning state sports gambling bans, MGM said in a press release. technology hub.”. Another deal involves Boyd Gaming Corp.

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Uber of X: greenRush is The Uber of Cannabis

PYMNTS

After it became illegal in the United States through the Marihuana Tax Act of 1937, the business of selling cannabis went mostly underground. One of their biggest ventures was an online platform aggregating New Years Eve parties across the globe. We are the “Amazon” of Cannabis, the largest online marketplace in the world.

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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

Emailage raised an undisclosed sum for its fraud prevention technology keyed off email address. HQ: Reno, Nevada. Tax preparation technology. Tags: Consumers, tax prep, personal financial management. Cachet Financial Solutions raised $500,000 for its remote deposit platform. Alt-lender to students.

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Sports Betting Moves Forward In The U.S. — With or Without ‘Integrity Fees’

PYMNTS

Supreme Court ruled in May that states may legalize sports betting — it was already allowed in Nevada — four other states have approved such wagering: Delaware, Mississippi, New Jersey and West Virginia. Iowa, for instance, is considering letting casinos and racetracks offer on-site and online wagering. Sports Betting Expansion.