In response to New Jersey state lawmakers approving online gaming for an additional five years, Sightline Payments has released a statement on behalf of its Co-CEO Omer Sattar.
The statement read: “Sightline was proud to be the first digital payments provider to enter New Jersey’s online gambling market in 2013. Since then, iGaming and mobile sports betting have flourished in Garden State and played an instrumental role in providing hundreds of millions in tax revenue for the state, as well as thousands of jobs.
“Sightline commends lawmakers for their commitment to ensuring that New Jersey remains the leader in the digital gaming space by extending the authorization for online gaming in the state through 2028.”
In March, the University of Nevada, Las Vegas International Gaming Institute (IGI), using the information provided by Sightline Payments, published a new study on gambling addiction.
The information, which included around 100 million transactions from over a year's worth of activity, was acquired from gambling payment firms.
The frequency, volume, intensity and variability of transactions were some of the factors included in the analysis of the payment behaviour.
The study also examined when the deposits were made and how frequently they were denied. These transactional data might be categorised into three different types of risky payment conduct, according to IGI experts.
