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According to a Wednesday report from Gambling Insider, this is the finding of a recent survey from online fraud detection and payment protection software developer Ravelin Technology Limited.After completing the previously announced acquisition of Bally’s Atlantic City Hotel & Casino from Caesars Entertainment, Inc. (NYSE: VICI), Bally’s Corporation, formerly Twin River Worldwide Holdings, has additionally agreed a deal to acquire Las Vegas-based sports betting technology company Bet....
Works] is the sports betting platform provider for operators in New Jersey, Iowa, Indiana and Colorado. After all pending transactions are finalized, the firm’s network will comprise 14 casinos across 10 states. The source detailed that the examination from the London and New York-headquartered innovator involved 1,000 fraud and payment professionals working for online merchants in eleven nations being asked to name their top illicit threats....
Remarkable results:The survey reportedly found that 72% of respondents believe account takeover to currently be among their top three fraud worries with 29% stating that such an activity now represents their principal concern. Described by Chairman of Bally’s Corporation’s Board of Directors Soo Kim as the “next step” in the “company’s evolution,” the acquisition will see the operator’s casino portfolio significantly expanded. Merchants therefore need to be able to make smarter decisions using their data and shut down or temporarily freeze compromised accounts before cybercriminals have the chance to make fraudulent purchases....
Described by Chairman of Bally’s Corporation’s Board of Directors Soo Kim as the “next step” in the “company’s evolution,” the acquisition will see the operator’s casino portfolio significantly expanded. Described by Chairman of Bally’s Corporation’s Board of Directors Soo Kim as the “next step” in the “company’s evolution,” the acquisition will see the operator’s casino portfolio significantly expanded.Works’ proprietary technology stack, we have evolved in just a few short years from a regional casino operator into the first US gaming company committed to serving our customers with an omni-channel approach, combining the best of our physical properties with a superior online experience....
Kim said…“By combining our expanding national footprint of casinos, the recently acquired Balfair go casino no deposit bonus codes november 2022 hdtlly’s brand, and Bet.”Evolving product suite:Expected to close during the first quarter of 2021, the transaction will consist of 50 percent cash and the remaining 50 percent in Bally’s common stock, With our portfolio it will no doubt continue to build a solid player base and differentiate from the competition....
