Insights Archive

March 19, 2024

Dozens Seek Peru Online Licences

A total of 80 operators can keep offering online gambling in Peru through a transitional period after submitting applications during a recent licensing window, according to a list published by Peruvian regulators.

March 19, 2024

U.S. Sports Betting's Future Includes Marketing Changes, Proactive Responsible Gambling

Top executives say improving brand affinity and strengthening responsible gaming actions will be keys to the near-term future of the U.S. sports-betting market.

March 19, 2024

Malta Online Operators Should Prevent AML Review Shortcomings, Says MGA, FIAU

A thematic review of Malta’s online gambling sector has revealed that some money laundering reporting officers need to “significantly improve” their knowledge, awareness and training.

March 19, 2024

China Attempts To Woo Foreign Visitors With New Payment Service Guides

Responding to a State Council directive, Chinese regulators have begun publishing official payment services guides for foreigners, but are the recommended solutions ready for prime time?

March 19, 2024

Ireland Pushes For Better Payments Ecosystem

This year, the Irish government is due to unveil its National Payments Strategy following a consultation period. According to experts, it has been a long time coming.

March 19, 2024

Daily Dash: GoCardless Signs Agreement To Acquire Australia's Nuapay

GoCardless has tied up with Nuapay to create a full-service bank payment platform in Australia, and South Dakota has become the latest US state to update its money transmission laws.

March 19, 2024

PAGCOR Admits To Probity Weaknesses In Online Gambling

Philippine gambling regulator PAGCOR has admitted to defects in vetting foreign-facing online gambling licensees (POGOs) following the latest raid on a cyber scamming operation that freed more than 850 people.

March 18, 2024

Maryland Online Casino Bill Passed By House, Senate Fate Uncertain

With less than a month left in the Maryland legislature’s 2024 session, the House of Delegates worked overtime on Saturday to pass a bill that would place an initiative on the ballot later this year to legalize online casino gaming.

March 18, 2024

Finland Authorities Pledge Quick Response In Betsson Payment Ban Saga

Finland’s National Police Board has said it is focusing its resources to quickly address Betsson’s decision to transfer brands on the country's payment blocklist to another operator.

March 18, 2024

Daily Dash: Major Outage At Sainsbury's Brings Down Contactless Payments

Sainsbury's reported a major payment system outage at stores throughout the UK at the weekend, and India has entered an agreement with Eurobank to bring UPI remittances to Greece.

March 18, 2024

Wise Calls For EU To Close Hidden Fees Loophole

Wise has launched a petition to call for EU lawmakers to close the loopholes that would enable hidden fees via the Payment Services Regulation (PSR).

March 18, 2024

European Mobile Wallets Address Digital Euro Elephant In The Room

Mobile wallet solutions weighed up how the EU’s digital euro could interact with their products at the Merchant Payment Ecosystem (MPE) in Berlin last week.

March 18, 2024

Lithuania Postpones MiCA Deadline

Lithuania’s government has pushed back the date to be fully compliant with the EU’s Markets in Crypto Assets (MiCA) regulation, having previously foregone a transition period for the regulation.

March 18, 2024

Massachusetts Regulators Frustrated With Bally's Delayed Launch

Massachusetts regulators are growing concerned over the delayed launch timetable of Bally Bet, the only licensed sportsbook operator in the state that has yet to go live.

March 15, 2024

Minnesota Senate Committee Advances Amended Sports-Betting Bill

A bill to legalize sports betting in Minnesota continues to make its way through the committee process in the state Senate, but not without additional changes, including doubling the tax rate and altering how tax revenue will be distributed.

March 15, 2024

Week In Crypto: Former Binance CEO Must Surrender Canadian Passport

US courts move to ensure that Changpeng Zhao does not abscond before sentencing, Crypto.com is hit by a €2.85m fine in the Netherlands, and Coinbase is forced to delete an embarrassing page from its website.

March 15, 2024

Digital Euro Could Be Europe's UPI, Merchants Say

Merchants support a fast, innovative and low-cost pan-European payment method, a group of trade bodies have said, as they look to emulate Pix in Brazil and the Unified Payments Interface (UPI) in India.

March 15, 2024

HM Treasury To Amend Payment Service Contract Termination Rules

In its second amendment of the week to the Payment Services Regulations, the UK government has put forward changes to rules on provider-initiated terminations of payment service contracts.

March 15, 2024

Daily Dash: MEPs Adopt 'Landmark' AI Act With Regulatory Sandbox Provisions

The European Parliament has approved a key piece of AI legislation, aiming to balance innovation with risk management, and India and Indonesia have signed an agreement to use local currencies in bilateral transactions.

March 15, 2024

Twitter Fined In Italy For Ad Ban Breach

The Italian Communications Authority (AGCOM) has fined the social network formerly known as Twitter €1.35m for violating the country’s advertising ban.

March 15, 2024

Tabcorp CEO Forced To Quit Over Sexual Joke Targeting Female Regulator

The CEO of Australian retail wagering giant Tabcorp Holdings has resigned over sexually offensive language targeted at a senior female gambling regulator in Victoria state.