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The Digital Evolution Of The Online Gaming Ecosystem

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Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own.”. The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S. All in, counting online and in-person wagers, Super Bowl betting was worth roughly $6.8

Online 134
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Varo Achieves Milestone As First Consumer FinTech To Get National Charter

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Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. the San Francisco-based online bank, had the last laugh. Department of the Treasury that charters and regulates financial institutions. To date, Varo has raised $419.4 million.

National 172
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Do Consumers Own Digital ID Algorithms? Look To Illinois.

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Biometrics promise to take a larger role in authentication security in 2019, helping to stop online fraud and bringing speed, efficiency and security to transactions ranging from QSR mobile-order ahead to airport car rentals. Illinois’ Role. for use of biometric data. Six Flags Case.

Illinois 161
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Ohio Lottery Makes A New Bet on Mobile

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In Connecticut, for example, you cannot buy tickets with a credit card. Even so, companies are trying to get younger consumers to play the lottery, and using mobile technology to make those sales. The Ohio launch provides an signal of where lotteries are headed, and how mobile technology will play a part in the future of betting.

Ohio 103
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Senate Panel Eyes Algorithms, Social Media and ‘Persuasive Technology’

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The hearing, held by the Senate Commerce subcommittee on Communications, Technology and Innovation, queried researchers and others who were critical of using AI to suggest content to end users. The hearing came in the wake of, and continuance of, debate on privacy concerns for online users, as Reuters noted.

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FTC Takes Fresh Aim At Big Tech — And Its Previous Mergers

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technology markets, investigating any potential anti-competitive conduct in those markets, and taking enforcement actions when warranted.”. The new entity, called the Technology Task Force, according to the FTC, will “draw upon existing staff and expertise,” and have “approximately” 17 staff attorneys working for it. Other Moves.

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Sports Betting Moves Forward In The U.S. — With or Without ‘Integrity Fees’

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Meanwhile, states such as Kentucky, Connecticut, Illinois, Michigan, Indiana, Massachusetts, Maryland and others are making moves toward legalization, and via different methods. Iowa, for instance, is considering letting casinos and racetracks offer on-site and online wagering.