article thumbnail

New Jersey Shows The Good And Bad Of Gambling Payments Progress

PYMNTS

Among recent developments is the addition of PayPal to the sportsbook operated by DraftKings in New Jersey. Payment processing has been among the chief dampeners of performance in New Jersey’s regulated online gambling market,” observed Legal Sports Report. Card Decline Rates. The stakes are significant.

article thumbnail

New Jersey Attorney General sues merchant cash advance providers

CFPB Monitor

The New Jersey Attorney General recently filed a lawsuit in New Jersey state court against Yellowstone Capital LLC, its parent Fundry.US The New Jersey Attorney General recently filed a lawsuit in New Jersey state court against Yellowstone Capital LLC, its parent Fundry.US

Insiders

Sign Up for our Newsletter

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

article thumbnail

Boxed And Costco Have Their Roots In A 1970s New Jersey A&P Store

PYMNTS

In the 1970s, the venerable The Great Atlantic & Pacific Tea Company (A&P) was losing market share. To try to increase its market share, A&P came up with a novel way to sell groceries: It decided to sell its most popular items in their original wholesale bulk packaging — for a much cheaper price.

article thumbnail

Market Commentary: Week of April 6, 2020

SWBC's LenderHub

Another wild and exhausting week in the financial markets. From the old adage, “seeing is believing,” COVID-19 has begun to ravage New York and the New York City Metro Area (New Jersey and southern Connecticut) and key markets such as Agency MBS and Municipals began to feel shaky again. What happened?

article thumbnail

Spencer Savings Bank (NJ) Has E-Money Market Promotion

BankDeals

Spencer Savings Bank (NJ) E-Money Market Promotion is available to all New Jersey residents. A Platinum Checking is required for the top rate.

NJ 93
article thumbnail

NJ Launches First Mobile App For Lottery Tickets

PYMNTS

New Jersey is the first state lottery to authorize lottery courier services formally, enabling the placement of orders via a mobile app, according to an announcement from the company. . Players in New Jersey can place orders in the app for favorites like Powerball, Mega Millions, Cash4Life, and New Jersey’s Pick-6.

NJ 133
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. Mobile betting, however, is only allowed in five: New Jersey, West Virginia, Iowa, Pennsylvania and Nevada per earlier reports.

NJ 131