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Global Online Gambling Market Could Exceed $125 Billion By 2027

Global Online Gambling Market Could Exceed $125 Billion By 2027
PALM BEACH, Fla., Dec. 17, 2020 /PRNewswire/ Most would agree that it would be a safe bet to say that casinos have been losing money due to the global pandemic… Don t take that bet! Actually, the spread of COVID19 has accelerated the demand for online gambling. Moreover, increasing digitalization coupled with secure digital payment options are also some factors contributing to online gambling market growth. The market is further expected to gain momentum over the forecast period attributed to the rising use of digital currency and websites provided by companies for betting and gambling. Earlier this year, Grand View Research reported that in 2019 the global online gambling market size was valued at USD 53.7 billion and that they expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2020 to 2027. Later they projected the revenues in 2027 to reach $127.3 billion by 2027. The report said that th ....

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DraftKings Engages InComm Payments to Launch Industry-First Retail Gift Card in Time for the Holidays

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ATLANTA and BOSTON, Dec. 16, 2020 (GLOBE NEWSWIRE) DraftKings Inc. (NASDAQ:DKNG), a leader in the digital sports entertainment and gaming industry known for its top-rated daily fantasy sports and mobile sports betting apps, today announced an agreement with InComm Payments, a global leading payments technology company, to launch an industry-first retail gift card. The launch will expand DraftKings presence in convenience stores like 7-Eleven, Speedway, Dollar General, and Sheetz, and also enable consumers to gift the DraftKings experience to others in $25 and $50 denominations.
Just in time for the upcoming holiday season, we are proud to work with InComm Payments to get DraftKings gift cards on the shelves at several popular retailers, said Matt Kalish, Co-Founder and President of DraftKings North America. We are thrilled to provide our customers with another way to fund their accounts and engage with our real money products through this first-of-its-kind o ....

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DraftKings Engages InComm Payments to Launch Industry-First Retail Gift Card in Time for the ...

DraftKings Engages InComm Payments to Launch Industry-First Retail Gift Card in Time for the ...
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DraftKings Launches Branded Gift Cards for the Holidays

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Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio.
His coverage reflects his passion for motorcycles, booze, and guns (though typically not all exercised at the same time), but his writing also covers the broader sectors of consumer goods, technology, and industrials. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. ....

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