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With Wynn’s $402M In Net Losses, Is Online Gambling The Future Of Gaming?

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The company’s Las Vegas properties closed on March 17, and authorities in Nevada have not put a date into place for when casinos can open again. However, consumers are reportedly turning to online casinos and sportsbooks, as the pandemic has closed brick-and-mortar casinos in markets such as the United States to minimize risk.

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Odds Are That Online Sportsbook Wins Big Post-COVID

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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. DraftKings signed a multiyear deal in 2019 to be an authorized NBA betting operator. How much potential does online gambling have?

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Online Sports Betting Gets A Super Bowl Workout

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5), details emerged about the success and failure of the new online sports betting regime in the U.S. million worth of wages with legal New Jersey sportsbook operators, but that gambling operators lost $4.6 million worth of wages with legal New Jersey sportsbook operators, but that gambling operators lost $4.6

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Google Play Policy Changes Will Extend Gambling Apps Across More Countries

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online casino games are only allowed in Delaware, Nevada, New Jersey and Pennsylvania. Sports betting is only allowed in Colorado, Illinois, Indiana, Iowa, Nevada, New Hampshire, New Jersey, Pennsylvania, Rhode Island, Tennessee and West Virginia. . Currently in the U.S., Earlier this month, New York Gov.

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The Digital Evolution Of The Online Gaming Ecosystem

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The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S. Since 2018, when sports betting was only legal in the state of Nevada, 19 additional states and the District of Columbia have legalized the practice, either already allowing bets to be placed or are on the way to doing so.

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FTC Charges Payday Lender With ?Deceptively? Overcharging Clients

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After a payday lender allegedly left consumers to pay more than promised by drawing continued interest-only deductions, the Federal Trade Commission (FTC) has charged a lending operation with overcharging customers and taking money from their bank accounts without authorization.

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Chinese eSports Provider VSPN Raises $60 Million To Expand Overseas

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Chinese eSports provider VSPN has raised $60 million in a Series B+ funding round to help it expand its operations overseas. Banana Gaming has operations in Shanghai and Seoul, Korea. 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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