Remove 2001 Remove Online Remove Operations
article thumbnail

Online Sports Betting Gets A Super Bowl Workout

PYMNTS

5), details emerged about the success and failure of the new online sports betting regime in the U.S. million worth of wages with legal New Jersey sportsbook operators, but that gambling operators lost $4.6 A clear picture of online gambling spend, losses and trends is yet to emerge, but some general data points provide detail.

Las Vegas 122
article thumbnail

DOJ Nearing Decision On Antitrust Suit Against Google

PYMNTS

Supreme Court to announce a bipartisan investigation into whether the company has abused its position in the online advertising market. Google has also faced accusations of abusing its dominance of Android, its smartphone operating system. The two sides settled in 2001. Each state has launched separate probes. “I

Google 199
Insiders

Sign Up for our Newsletter

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

article thumbnail

Coronavirus Crippling $1.7T Tourism Sector

PYMNTS

Previous travel industry downturns were triggered by the 9/11 terrorist attacks in 2001, the SARS pandemic in 2002 and the Iraq war in 2003. We had our ups and downs in the past, but nothing like this,” said Roberto Cassani, 58, president of the Como hotel operators’ association. percent.

Google 188
article thumbnail

For eCommerce Content, It’s Experiences Over Speed

PYMNTS

Online luxury marketplace 1stdibs stands as an example of that kind of content, along with providing — as do some other companies — a demonstration of the appeal of both digital and physical forms of content to tie consumers to a brand or ecosystem. Wayfair is among the major online retailers that see renewed value in print catalogs.

Retail 214
article thumbnail

Tracking The Trends That Shaped 2020’s The Digital-First Economy

PYMNTS

You hear a lot about the new normal and stuff like that, but I really see it as banking at the speed of life,” said CarrieAnne Cormier , senior vice president of Retail Operations and Strategy at Avidia. As told by Citi and GE , the pandemic prompted a massive online shift as stores closed and consumers became wary about venturing out.

Trends 259
article thumbnail

Wirecard, Enron And Warning Signs Across Two Decades

PYMNTS

Wirecard, focused on online payments, in recent years created Boon, a mobile app payment system tied to Europe, and offered WeChat Pay to European merchants as recently as this year. Rapidly ascending stock prices belie optimism that the horizon (and profits) remain clear for companies. Both firms promised to transform their industries.

New York 178
article thumbnail

No Pain, No Gain? GDPR, PSD2 And The New Payments Reality

PYMNTS

Last year brought the General Data Protection Regulation (GDPR) deadline, Europe’s attempt to boost online privacy and security for consumers — a law that just resulted in a $57 million fine against Google , which was accused of not doing enough to gain the consent of users when collecting data meant for targeted advertising. 52 percent.

Payments 195