iGaming Daily

Ep 556: Approvely’s CEO Destroys the Big Myths in US iGaming Payments


Listen Later

In today's episode of iGaming Daily, Jessica Welman, Managing Editor at SBC Media is joined by Chelsie Cooper, CEO of Approvely, for an eye-opening deep dive into the realities of the US online gaming ecosystem.

Sponsored by Optimove, this episode challenges long-held assumptions about regulated verses unregulated verticals and the evolving role of digital currencies in gaming transactions.

Chelsie breaks down how Approvely uses stablecoins, not as a player-facing crypto requirement, but as a backend utility to enable ultra-fast card transaction settlements. The conversation also explores self-regulation in unregulated verticals like sweeps and DFS, where operators are quietly maintaining rigorous KYC/KYB protocols, geo-fencing, and real-time compliance oversight, dispelling the outdated "Wild West" narrative.

Finally, the two expose the often-overlooked cost burden of payment processing for online gaming operators, ranging from 7% to 14%. Chelsie shares how fraud models and tools to predict and prevent chargebacks before they occur, offering guaranteed settlements and boosting liquidity.

Host: Jessica Welman
Guest: Chelsie Cooper
Producer: Anaya McDonald
Editor: James Ross

iGaming Daily is also now on TikTok. Make sure to follow us at iGaming Daily Podcast (@igaming_daily_podcast) | TikTok for bite-size clips from your favourite podcast. 


Finally, remember to check out Optimove at https://hubs.la/Q02gLC5L0 or go to Optimove.com/sbc to get your first month free when buying the industry's leading customer-loyalty service.

...more
View all episodesView all episodes
Download on the App Store

iGaming DailyBy SBC Media

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

3 ratings


More shows like iGaming Daily

View all
Planet Money by NPR

Planet Money

30,686 Listeners

The Bill Simmons Podcast by The Ringer

The Bill Simmons Podcast

30,183 Listeners

Odd Lots by Bloomberg

Odd Lots

1,855 Listeners

Pivot by New York Magazine

Pivot

9,522 Listeners

The Double Pivot: Soccer analysis, analytics, and commentary by Mike Goodman and Michael Caley

The Double Pivot: Soccer analysis, analytics, and commentary

271 Listeners

Matchbook Betting Podcast by Matchbook

Matchbook Betting Podcast

55 Listeners

Founders by David Senra

Founders

2,081 Listeners

Business of Betting Podcast by Business of Betting Podcast

Business of Betting Podcast

56 Listeners

Bet The Process by Bet The Process

Bet The Process

620 Listeners

The Ryen Russillo Podcast by The Ringer

The Ryen Russillo Podcast

14,278 Listeners

Betfair Betting Podcast by Betfair Betting Podcast

Betfair Betting Podcast

3 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,799 Listeners

The Overlap by The Overlap

The Overlap

228 Listeners

Zero Latency: An Eilers & Krejcik Gaming Podcast by Eilers & Krejcik Gaming

Zero Latency: An Eilers & Krejcik Gaming Podcast

10 Listeners