Insights Archive

January 24, 2023

US Financial Regulator Puts Subscription-Based Firms On Alert

The US Consumer Financial Protection Bureau warns companies against using dark patterns to make consumers pay recurring fees.

January 24, 2023

Peru's Finance Minister Talks Gambling Tax, Social Unrest

In a perfect world, restructuring taxes, including those that address gambling, would be part of Peru’s post-pandemic economic recovery, according to the country’s minister of finance.

January 24, 2023

U.S. Operators Face Escalating Enforcement Environment

Ohio has wasted little time in raising the bar in terms of enforcement activity against sports-betting operators, although U.S. states still have a long way to go before they start to resemble the more hostile enforcement environments of European markets.

January 24, 2023

Kenya Improving Tax System, Considering National Lottery

Kenya's new government is considering setting up a national lottery and will ramp up tax collection as the country looks for ways to stimulate growth.

January 23, 2023

Subsidies Renewed For Indian Banks On Low-Value RuPay Debit Card, UPI Payments

The Indian government has announced that it will continue a long-standing incentive scheme that allows banks to claim subsidies for processing certain types of low-value digital payments.

January 23, 2023

Hungary Pushes For Expanding ATM Network

As digital payments have become part of everyday life, regulators are growing concerned about the decline in access to cash. Hungary has become the latest country to regulate the number of ATMs that card issuers must provide.

January 23, 2023

US Federal Reserve Prepares Master Account Register

The US Federal Reserve is building a public database of payment system participants as the transparency of granting valuable access to the central infrastructure is becoming a more pressing issue.

January 23, 2023

UK Parliamentarians Warn Premier League Of Sponsor Probe

The vice chair of a coalition of UK politicians has warned the Gambling Commission and the English Premier League to account for alleged ties of eight sports-betting sponsors to convicted junket supremo Alvin Chau or face a parliamentary probe.

January 23, 2023

New Hampshire Legislature Debates Online Gaming Bill

The chairman of the New Hampshire Senate’s Ways and Means Committee believes his state should join six others in regulating online gambling and is proposing to use a model similar to the one already being used to regulate mobile sports betting.

January 23, 2023

Ukraine Passes New Bill To Hike Gambling Industry Taxes

Ukraine’s parliament has passed a bill which scraps the inclusion of the gambling industry in the country’s simplified taxation system and returns rates to pre-war levels.

January 23, 2023

Owner Of World's Richest Sports Franchise Finds Betting A Hard Sell

Valued at $8bn by Forbes Magazine, the Dallas Cowboys are the wealthiest sports team on the planet, but the team’s owner is finding it difficult to persuade lawmakers even in his home state to support sports betting.

January 20, 2023

Week In Crypto: US AML Probe Leads To Arrest Of Russia-Linked Exchange Founder, MiCA Vote Postponed

The US Department of Justice has arrested and charged a Russian national as part of a major crypto AML investigation, the EU has pushed back its vote on MiCA, and Three Arrows Capital has re-emerged as a bankruptcy claims exchange.

January 20, 2023

SCA Works, At Least For Fraud Reduction, Italian Data Shows

In a recent report, Italy’s central bank found that strong customer authentication (SCA) has significantly reduced card-not-present fraud and saved around €60m.

January 20, 2023

HSBC Admonished For API Fails In The UK

HSBC has got into trouble with the Competition and Markets Authority for failures relating to the Retail Banking Order.

January 20, 2023

Daily Dash: Spanish Stablecoin Project Gets Go-Ahead

Banco de Espana has approved a euro-backed stablecoin project, the UK’s Treasury minister has talked up the benefits of open banking and the EU’s banking watchdog has revealed a record number of high earners in the sector.

January 20, 2023

Indiana Online Casino Efforts Begin With New House Bill

Although the chances of passage remain slimmer than most advocates would hope, Indiana legislators have begun to mount their 2023 effort to enact online casino legislation in the state.

January 20, 2023

Dutch Regulator Fines Malta-Based Shark77 €900,000

The Netherlands Gambling Authority has fined Malta-based online operator Shark77 €900,000 for allowing Dutch players to gamble on its website without a licence.

January 20, 2023

Paraguay Regulator Faces Legal Action Over Sports-Betting Tender

Paraguay’s beleaguered National Gaming Commission (Conajzar) could be facing legal action from B-Gaming and Gambling SA Consortium, which narrowly missed out on the country’s sole sports-betting contract.

January 20, 2023

News In Brief: January 16-January 20, 2023

Massachusetts regulator scheduled to approve sports-betting ad rules, University of Colorado discontinues PointsBet referral scheme and New South Wales Premier supports proposed ban on club political donations.

January 19, 2023

Nigeria To Create Open Banking Framework Inspired By EU’s PSD2

Nigeria has become the latest country to embrace open banking as part of the country’s new wide-ranging payment modernisation efforts, while the country also celebrates the go-live date of its domestic card scheme.

January 19, 2023

Russia Slaps Apple With $17.4m Fine Over Pay Services

Russia has followed regulators in many other parts of the world in ruling that Apple has abused its dominant position.