; (iii) the knowing acceptance, by any person engaged in the business of betting or wagering, in connection with the placing, receiving, or otherwise transmitting of a bet or wager by another person, of credit or payment of any type; or (iv) sponsoring, operating, advertising, or promoting (or, in the case of a governmental entity, sponsoring, operating, advertising, promoting, licensing, or authorizing by law or compact) a lottery, sweepstakes, or other betting, gambling, or wagering scheme based, directly or indirectly (through the use of geographical references or otherwise), on one or more competitive games in which amateur or professional athletes participate, or are intended to participate, or on one or more performances of such athletes in such games. (B) Exclusions Such term does not include any activity or transaction described in paragraph (2)(C) or, in the case of a contract or other instrument described in such paragraph, any activity or transaction relating to such contract or other instrument. (C) Financial transaction providers and providers of interactive computer service or telecommunications service (i) Generally excluded Except as provided in clause (ii), such term does not include any activity of a person who is— (I) a financial transaction provider, to the extent such person is acting as such a provider