Insights Archive

March 6, 2023

Ukraine Casino Industry Under Threat As Government Calls In Debts

Ukrainian casinos will no longer be able to defer their licence fees and have been told they must pay any outstanding money in the next 30 days.

March 4, 2023

Personnel Moves – February 2023

Italy's gambling regulator has a new director, Bally's is to switch its CEO and Racing Australia's boss resigns in protest.

March 3, 2023

EU Drops In-App Payment Charge Against Apple

The European Commission has dropped a charge related to Apple’s in-app payment restrictions in one of its probes looking at app store rules.

March 3, 2023

UK Banks ’Closely Watching’ EU Instant Payments Proposal

A senior banking official has said that the UK is keenly watching the work happening with instant payments in the EU, especially considering the country’s access to SEPA, which could be compromised depending on the final law.

March 3, 2023

Brazil Reins In Third-Party Relationships On Pix

Brazil’s central bank, BCB, has issued new orders clarifying that it does not tolerate third parties on Pix that circumvent the regulator’s oversight, potentially affecting payments business models such as Banking-as-a-Service.

March 3, 2023

Week In Crypto: Third Former FTX Exec Pleads Guilty, Kraken Loses Banking Partner

Another former FTX executive pleads guilty to fraud, Signature Bank will no longer handle most USD transfers for Kraken, French MPs vote for stricter licensing requirements for crypto firms and more Binance blues.

March 3, 2023

Daily Dash: US BNPL Users More Likely To Be Indebted

New US research shows extent of buy now, pay later (BNPL) user indebtedness, financial crime on the rise in Denmark, senior Mastercard executive becomes chief of influential think tank and Australia names Mastercard as participant in CBDC pilot.

March 3, 2023

Georgia Sports-Betting Bill Suffers Senate Defeat

Hopes for an expedited sports-betting launch in Georgia took a hit on Thursday as the state's Senate voted down a bill that would have legalized sports wagering without a constitutional amendment.

March 3, 2023

Videoslots Fights Back Against Expected Dutch Fine

Online gambling company Videoslots has said it will challenge a pending €9.9m Dutch fine, in what would be the Netherlands Gambling Authority’s largest ever penalty, as it accuses the regulator of “acting unlawfully”.

March 3, 2023

Dutch Regulator Hands Out €26m In Fines As Chairman Says It 'Means Business'

The Netherlands Gambling Authority has handed out a record-breaking €26m in fines to five operators for illegally offering online games of chance.

March 3, 2023

Northern Territory Signs Intel Deal With Australia's Online Regulator

Australia’s leading regional licensor of corporate bookmakers has signed an intelligence-sharing deal with the national online gambling regulator, signalling tighter scrutiny of industry operations.

March 3, 2023

Romania Lawmakers Backtrack On Ad Ban

Romanian lawmakers have scrapped plans for a full advertising ban, instead pushing ahead with a raft of less punitive restrictions.

March 3, 2023

Massachusetts Regulators Relax Sports-Betting Affiliate Restrictions

After three days of discussions, the Massachusetts Gaming Commission has voted to temporarily lift a prohibition on cost-per-acquisition and revenue-share agreements between third-party marketing affiliates and licensed sports-betting operators.

March 3, 2023

News In Brief: February 27-March 3, 2023

A Kentucky bill would outlaw skill games currently running as grey-market machines.

March 2, 2023

Narrowed Regulatory Scope May Keep UK BNPL Afloat

The UK government’s decision to veer away from its original regulatory plans may ensure the survival of many buy now, pay later (BNPL) products, but experts warn a compliance leap should be anticipated for third-party lenders.

March 2, 2023

Tennessee Regulators Fine Barstool, Hard Rock For Sports-Betting Violations

Tennessee regulators have issued their first set of disciplinary sanctions since sports betting began in November 2020, fining two companies a combined $162,000 for violations as part of a continuing trend of U.S. regulators beginning to crack down on operators.

March 2, 2023

Brazil Betting Regulation Coming 'This Month', Says Finance Minister

Brazil is looking to establish regulations for online betting sometime this month, finance minister Fernando Haddad said on Wednesday.

March 2, 2023

Chile's Lottery Monopoly Files Criminal Complaint Against Online Operators

Legal battles between online operators and incumbent Chilean gambling interests continue to be waged in the court, with state lottery monopoly Polla Chilena de Beneficencia filing a criminal complaint last week against five leading online brands.

March 2, 2023

Northern Ireland Gambling Reform 'Highly Unlikely' Before 2027

The Northern Ireland All Party Group on Reducing Harm Related to Gambling predicts that the next phase of the country’s gambling reform will “take several years to complete”.

March 2, 2023

Chicago Mayor's Ouster Unlikely To Delay Progress On Bally's Casino

The repudiation of Chicago Mayor Lori Lightfoot in her bid for re-election is not expected to hinder the development of Bally’s Corporation’s $1.7bn destination-resort casino in the third largest city in the United States.

March 2, 2023

Austrian Ruling Suggests No Flood Of Bet Loss Refund Claims

Online casino operators have been pounded by claims for refunds of player losses in Austria, but a recent Supreme Court ruling suggests there will be no similar flood of claims for sports-betting reimbursements.