Remove Online Remove Regulation Remove Rhode Island Remove Technology
article thumbnail

The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

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
article thumbnail

House Hearing Signals Fireworks On Big Tech Antitrust Issues

PYMNTS

12), the House Judiciary Antitrust Subcommittee will hold a hearing on issues top of mind in the digital realm — touching on how data and privacy affect competition online, and specifically, for online marketplaces. David Cicilline of Rhode Island, who serves as subcommittee chairman. This Thursday (Sept.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

House Questions Big Tech Over Antitrust Concerns

PYMNTS

Across a trio of hearings , Facebook was grilled about Libra , the cryptocurrency program that has been increasingly drawing scrutiny from regulators. Cicilline noted there have not been challenges from antitrust regulators. There are low barriers to entry in the online sector, Perault added, especially for digital platforms.

article thumbnail

121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

Company: AOptix Technologies. The company also found itself confronted by conflicting energy program mandates and regulations. Select VC Investors: Bill Gates, CapX Partners, Constellation Technology Ventures. Company: Powa Technologies. via TechCrunch. Total disclosed funding: $107.9M. via GreenTech Media. via Fortune.

Capital 78
article thumbnail

GOP Leader Demands Twitter CEO Testify In Antitrust Probe

PYMNTS

The outcome of that investigation is expected to produce legislation that would reform and regulate the online world. As justification, he said, that as Congress “considers large technology companies and the competitive landscape, a thorough examination cannot exclude Twitter, a market leader in social media.

article thumbnail

Lawmakers Eye Increased Libra Oversight

PYMNTS

The move, according to the publication, would subject the digital coin to “a set of extensive and well established regulations.”. We recognize that stablecoins are an emerging technology, and that policymakers must carefully consider how this fits into their financial system policies. Apple Gets a Look Too. Citigroup Fined.

article thumbnail

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

PYMNTS

Three other states are ready to do so, according to one analysis : Pennsylvania, New York and Rhode Island — all of which have some form of pre-fabricated legislation paving the way for sports betting. Iowa, for instance, is considering letting casinos and racetracks offer on-site and online wagering.