Today In Data: Nothing Ventured, Nothing Gained

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Gambling isn’t new to payments and commerce players – every new idea is a gamble, in a sense – but creating instant payment schemes for literal gambling carries risks bigger than just losing some chips. And in a world where security risks are proliferating and revenue losses are growing, it is almost impossible to be too careful. But while care is a requirement, the march of progress is forward, and the number of devices capable of transacting, connecting, gaming and interacting is growing. It’s not about sitting out the risk at this point, but about protecting adequately against it.

Data:

$81 billion: Projected estimated value of the online gambling market by 2022.

$12 billion: Projected value

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