Archived Insights

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Our industry experts regularly spend time with Members of Parliament, the Regulators and industry participants to get to the heart of regulatory issues. We deliver our expert insights across multiple media to ensure timely delivery of information to meet your everyday needs.

From quick blog insights through to industry events, we provide you with the depth and breadth of knowledge needed to help you make the right business decisions, staying compliant and gaining a competitive advantage.

April 17, 2023

Is Congress Ready For The Happy Warrior Of Sports Betting?

When Ray Lesniak's obituary is written, he is likely to be remembered for revolutionizing the U.S. gaming industry by introducing sports-betting legislation in New Jersey which led to the landmark decision by the United States Supreme Court on May 14, 2018.
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April 17, 2023

UK Gambling Harms Cost £1.4bn Annually, Says Research

Britain's oldest independent economic research institute estimates the total cost of harms associated with problem gambling in the UK is £1.4bn per year.
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April 17, 2023

MGM, Wynn Await Sanctions For Illegal Wagers In Massachusetts

Representatives from MGM Resorts International and Wynn Resorts took part in separate hearings on Friday before the Massachusetts Gaming Commission to explain how each company violated state law by accepting illegal wagers on in-state college games.
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April 17, 2023

Brazil Announces Measures To Prevent Illegal Sports Betting

Brazil has announced measures it says will prevent black market online betting after it regulates sports betting, but seasoned market observers fear they may not be effective.
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April 17, 2023

Senior Managers Regime Used To Fine Former TSB Employee Over IT Fail

The UK Prudential Regulation Authority has fined the former chief information officer of TSB Bank plc for a breach of Senior Manager Conduct Rules.
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April 17, 2023

Data Dive: UK Payments Licensing Benchmarked

With the number of new UK payments and e-money licence applications at a decade low, and the chances of obtaining approval falling to 47 percent, VIXIO looks at the Financial Conduct Authority's latest performance data and how it compares to that of the EU.
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April 17, 2023

FedNow Caught Up In Presidential Hopeful’s CBDC Misinformation

FedNow, the upcoming US instant payment system, has been described as a central bank digital currency (CBDC) by Democratic presidential candidate Robert F Kennedy Jr, who claims it is the "first step" to ultimate government surveillance.
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April 17, 2023

Switzerland To Explore Stablecoins, Wholesale CBDC In New Tokenised Settlement Tests

The Swiss central bank has confirmed that it will use stablecoins and wholesale central bank digital currency (CBDC) to test tokenised settlement models, in an attempt to study both public- and privately-issued tokenised money.
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April 14, 2023

Premier League Shirt Sponsorship Ban Is Just 'First Step', Say Campaigners

Premier League clubs in the UK have agreed to withdraw gambling sponsorship from the front of their matchday shirts, but many campaigners see the decision as just the “first step” and are pushing for even greater restrictions.
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April 14, 2023

African Group Lobbies Malta Officials, Seeking Gambling Curbs

An African non-government organisation is lobbying Malta officials claiming Malta-based gambling operators are targeting and causing harm to young people in Africa.
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April 14, 2023

MGM Wins Approval To Build World's Most Expensive Casino-Resort In Osaka

Japan’s government has approved a development proposal by the MGM Resorts International consortium for an integrated resort in Osaka, heralding a new era for Japanese land-based gaming after years of commercial and political setbacks.
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April 14, 2023

Daily Dash: New UK Sanctions Hit Fixers And Enablers

The UK has published a new Russian sanctions package, a central bank-backed consortium has launched an international CBDC, and the Financial Stability Board has proposed new policy measures following recent banking shocks.
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April 14, 2023

Week In Crypto: ’Aggressive Enforcement’ Needed On Digital Assets, Say SEC Advisors

Advisors to the US Securities and Exchange Commission (SEC) call for “aggressive enforcement” targeting crypto firms, Paxos retreats from Canada and the Bank of England endorses prudential rules for stablecoins.
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April 14, 2023

US Agency Accuses Chargeback Mitigation Firm Of Aiding Scammers

Chargebacks911, a US firm specialising in protecting merchants from bogus chargeback claims, is facing legal action in the US for allegedly helping scammers to defeat chargeback attempts by defrauded consumers.
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April 14, 2023

E-Wallets: Asia’s New Current Account? AML Measures Across Borders

This regulatory analysis will examine anti-money laundering (AML) measures with regard to e-wallets and is the second in a series that will compare the licensing regimes of e-money operators and banks. Specifically, this analysis will compare the AML requirements for politically exposed persons (PEPs), beneficial owners and enhanced due diligence (EDD) measures for both e-money operators and banks in three distinct jurisdictions: Singapore; the Philippines; and the United Kingdom. This comparison will aim to determine whether there are any similarities between e-money and banking regulations both locally and between these jurisdictions, at least from an AML perspective, in light of the compliance requirements that these regulations impose. It will then lay out what these similarities (if any) could potentially mean for e-money operators, both in these jurisdictions and potentially further afield.
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April 14, 2023

Boundaries Blurring For Bigtech, Warns Dutch Supervisor

The rising importance of bigtechs such as Google, Amazon, Apple and Facebook in the financial sector requires special attention from supervisory authorities, De Nederlansche Bank has said.
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April 13, 2023

News In Brief: April 10-April 14, 2023

Ohio's lottery director has suddenly resigned and a Ugandan draft law proposes a gambling tax hike.
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April 13, 2023

Brazil's Sports-Betting Tax Rate Announced At Public Hearing

Brazil’s Chamber of Deputies' Finance Committee held a public hearing on Wednesday on the regulation of sports betting and imminent presidential emergency decree, with a senior government official confirming a proposed effective tax rate of 15 percent of gross gaming revenue.
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April 13, 2023

Malawi Unveils Gambling Regulation Details

Malawi has opened a brief consultation on a raft of proposed gambling regulations, as it continues its push to expand its market and open up online licensing.
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April 13, 2023

India GST Officials Probing Parimatch, Other Online Bookmakers

A leading tax enforcement organ in India has launched a probe into India-facing online gambling operators in Cyprus, Mauritius and the Cayman Islands, leading to the arrest of one man allegedly linked to Ukrainian operator Parimatch.
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April 13, 2023

UK Study Scrutinises Esports Gambling Sponsorships

A new UK academic study has found that half the esports teams in two of the sector’s top video games are sponsored by gambling operators, leading researchers to suggest that gambling companies could be “targeting the next generation of gamblers”.
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