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Why Banks Are Hesitant To Accept Legal Sports Betting Transactions

Why Banks Are Hesitant To Accept Legal Sports Betting Transactions

by Christina Monroe | Dec 5, 2020 11:28 am | Sports Betting

Banks would like a better understanding of the security and geolocation technologies of mobile sports betting platforms before approving transactions by players. These financial institutions are flagging sportsbook activities because they would rather err on the side...
PASPA’s 28th Anniversary – Its Unintended Effects On US Sports Betting

PASPA’s 28th Anniversary – Its Unintended Effects On US Sports Betting

by Christina Monroe | Oct 28, 2020 11:52 am | Regulatory

The Professional and Amateur Sports Protection Act of 1992 (PASPA) was enacted as law on October 28, 1992. Since it’s repeal in 2018, billions of dollars have been made in combined revenue from the legal sports betting industries across the United States. WASHINGTON –...

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