Insights Archive

March 6, 2025

Governor’s Proposed Tax Increase Seen As Threat To New Jersey Gaming Industry

Opposition to New Jersey Governor Phil Murphy's proposed 25 percent tax rate on mobile sports betting and online gaming is mounting as lawmakers and gaming industry executives believe the increase threatens the industry's stability.

March 6, 2025

Nevada Regulator Tells Kalshi To Cease Sports Event Contracts

Nevada has become the first state to push back against the emergence of sports prediction markets, but other state gaming regulators say they share similar concerns about the genre.

March 6, 2025

Implementation Of Consumer Duty The Key Takeaway From FCA Dear CEO Letter

The UK’s Financial Conduct Authority’s (FCA) February Dear CEO letter to payments and e-money firms made clear that the regulator wants to see improved compliance with its flagship policy, the Consumer Duty.

March 6, 2025

US Banks Seek To Overturn Cyber Incident Reporting Rule

A coalition of US banking associations has requested that a proposed rulemaking on cyber incident reporting be withdrawn, claiming that it “diverges” from Congressional intent and imposes “unnecessary burdens” on firms.

March 6, 2025

Daily Dash: Fraud Decreases In Denmark, But Criminals Still Stole $11.7M in 2024

Danish banks have successfully reduced online banking fraud, stopping nearly two-thirds of attempted scams in the second half of 2024 – but criminals continue to adapt.

March 6, 2025

Romania Proposal Would Introduce Financial Limits For Gambling

Romania has proposed a monthly financial limit for payments made to gambling operators, as the country continues to pile pressure on the gambling industry and tighten rules.

March 5, 2025

Ireland Establishes Gambling Regulator, Targets Licensing This Year

The Gambling Regulatory Authority of Ireland (GRAI) has officially been established after the Minister for Justice signed an order to commence parts of the Gambling Regulation Act 2024.

March 5, 2025

Google Updates India Ad Rules Ahead Of Broader Gambling Code Rewrite

Google has updated its gambling advertising policy to allow more personalisation in the Indian market, ahead of a broader overhaul due to take effect next month.

March 5, 2025

U.S. Regulators Frustrated By Growth Of Illegal Gaming Products

As skill game machines, offshore gambling sites and online sweepstakes casinos have proliferated across the U.S., gaming regulators find themselves in the untenable position of trying to stem their negative impact on consumers, the industry and state coffers.

March 5, 2025

Regulatory Influencer: India’s Payments Vision 2025: The Home Stretch

In 2022, the Reserve Bank of India (RBI) set out a Payments Vision with 36 regulatory initiatives to enhance the payments landscape in the world's most populous country by 2025.

March 5, 2025

Bowing To Pressure From Banks, Russia Postpones Digital Ruble Launch

The Central Bank of Russia (CBR) has announced that it will postpone the launch of the digital ruble, citing the need for further consultation with banks and merchants.

March 5, 2025

Consumer Groups Lead Defence Of CFPB Digital Payment Regulation

US consumer protection groups are spearheading the defence of the Consumer Finance Protection Bureau's (CFPB's) Digital Payment Regulation, which seeks to govern large fintech companies under the same rules as banks and other financial companies.

March 5, 2025

Singapore Reaffirms BNPL Safeguards After Fresh Parliamentary Inquiry

The Singaporean government has reinforced its stance on the regulation and oversight of buy now, pay later (BNPL) schemes as their popularity grows among young consumers in the city-state.

March 5, 2025

Australian Gambling Spend Surges To New High

Australian gambling spend, for a long time the world’s largest per capita, hit a new record of A$31.5bn ($19.7bn) in the year ending June 2023, according to a new report.

March 5, 2025

FanDuel, DraftKings Eye Potential Prediction Markets Opportunity

The chief executives of the two dominant brands in U.S. sports betting agreed Tuesday that the emerging prediction market space could present an opportunity, though they remained guarded in saying so.

March 4, 2025

New Jersey Regulator Seeks Authority To License, Ban Sweepstakes Operators

A pending bill to regulate online sweepstakes casinos would give New Jersey gaming regulators the clear legal authority over sweepstakes businesses that they do not currently have, according to a senior gaming official.

March 4, 2025

Modernising Harm Reduction Approaches Proliferating Use Of AI Monitoring Systems

The use of AI monitoring systems by operators to tackle gambling-related harms has been accelerated by a desire among regulators to modernise their approaches to reducing harms, says one of the sector's leading companies.

March 4, 2025

Trump Administration To Scrap Corporate Transparency Act For US Citizens, Companies

In the latest twist to the rollout of the Corporate Transparency Act, the Trump administration has vowed to exempt US citizens and companies from its controversial beneficial ownership reporting requirements.

March 4, 2025

UAE Debuts Domestic Payment Card

In a key milestone in the United Arab Emirates’ digital transformation strategy, the country has introduced a new domestic payments card for consumer use.

March 4, 2025

EU Lawmaker Presses Commission On Online Fraud Protection Amid Rising Threats

With online fraud increasing, a member of the European Parliament has called on the European Commission to strengthen consumer protection measures and enhance the security of digital transactions.

March 4, 2025

Latvia Adopts Interventionist Approach To De-Risking

The Bank of Latvia is taking an active role in mitigating disputes between commercial banks and their clients by encouraging the use of its mediation service.