Insights Archive

October 25, 2022

Bill Introduced To Open D.C. Sports-Betting Market

A group of District of Columbia councilmembers have begun a push to introduce a competitive mobile sports-betting market in the nation’s capital and end the DC Lottery’s near-monopoly on mobile betting in the district.

October 25, 2022

Brazil's Fantasy Sports Sector Seeking Legal Clarity From Congress

Brazil’s nascent fantasy sports industry is lauding last week’s approval of a bill to establish a legal framework for electronic video games that would also formally recognise fantasy competitions as games of skill.

October 25, 2022

Nigerian State Clarifies Gambling Ban

Nigeria’s Anambra state government has been forced to clarify that a reported state-wide ban on gambling activities only pertains to casino games in hotels, restaurants and bars, after misleading local media reports.

October 25, 2022

Oral Arguments Scheduled In Landmark Florida Online Sports-Betting Case

On December 14, a panel of three judges in Washington, D.C. will preside over a hearing to determine whether Florida should be allowed to resume online sports betting, and their decision is likely to have historic ramifications for both the tribal and commercial gaming industries.

October 25, 2022

Esports Betting Regulations Move Forward In Nevada

It took a special committee less than 20 minutes on Monday to unanimously approve Nevada’s first regulations for wagering on esports competitions, as the gaming industry looks to take advantage of the vast economic potential that competitive video games offer.

October 24, 2022

US Court Declares CFPB Funding Unconstitutional

A US court decision says the Consumer Financial Protection Bureau's (CFPB) funding structure is unconstitutional, striking a potential blow to the agency’s work and calling into question all previous rules.

October 24, 2022

Jump In Money Laundering Cases, EU Agency Reveals

More than 600 cases were brought to Eurojust, the EU’s judicial agency, in 2021, representing more than double those registered in 2016.

October 24, 2022

Deep Dive: Decrypting Crypto’s Regulatory Past, Present and Future

This deep dive will look at the crypto story’s past, present and future, charting how crypto-related regulatory activity has changed in volume, impact and scope since January 2019, how different governments are currently reacting to this burgeoning sector and what the future holds for cryptocurrency regulations in payments.

October 24, 2022

In Their Best Political Year Yet, Gaming Tribes Eye Oklahoma Governor

With victories already achieved in Florida and Maine and a historic triumph at hand in California, gaming tribes are gaining traction in their campaign to oust perhaps their most despised foe, Republican Governor Kevin Stitt of Oklahoma.

October 24, 2022

Irish Laws Ready 'Very Soon', Says Panel

Ireland’s progress towards establishing an independent gambling regulator and introducing new legislation has been welcomed by a panel representing a wide range of industry stakeholders.

October 24, 2022

Mendoza Province Publishes Regulations For Online Gaming

The Argentine province of Mendoza has published a 133-page resolution which sets out the regulatory guidelines and technical requirements for online casino games and sports betting.

October 24, 2022

Charitable Gaming Clashes With North Dakota Tribes Over Online Gambling

Efforts by North Dakota’s five Native American tribes to secure exclusive rights to offer internet gaming and sports betting would devastate the charitable gaming industry in the state, lobbyists and members of veterans organizations told Republican Governor Doug Burgum on Friday.

October 21, 2022

Week In Crypto: Tether Named in US AML Probe, Japan Tightens AML Laws And Texas Investigates FTX

A US investigation into an alleged sanctions-busting ring brings more bad news for Tether, Japan doubles its penalties for AML offences and Texas pursues FTX in an untimely securities probe.

October 21, 2022

HSBC In Hot Water Over Greenwashing Claims

The international bank has received a scolding from the Advertising Standards Authority (ASA) over complaints it is misleading consumers about its environmental, social, and governance (ESG) credentials.

October 21, 2022

Daily Dash: US Consumer Watchdog Takes Action On Junk Data

The Consumer Financial Protection Bureau (CFPB) says companies need to do more to ensure false data isn’t in consumer credit reports, UK law firms lack scrutiny over money laundering and Malta begins to recover investment woes post-grey list.

October 21, 2022

T2: Judgement Day (Extended)

The European Central Bank (ECB) has announced that it is no longer going ahead with a planned launch of T2, its new real-time gross settlement system next month, citing technical and geopolitical issues.

October 21, 2022

Massachusetts Gaming Regulators Consider Sports Betting Selection Process

Massachusetts gaming regulators continue to work through a selection process that could be one of the more interesting strategic choices for operators during the U.S. sports betting boom of recent years.

October 21, 2022

Safer Gambling Week Closes As UK In Chaos

European Safer Gambling Week 2022 draws to a close this weekend amid the unsightly distraction of a UK government in chaos.

October 21, 2022

News In Brief: October 17-October 21, 2022

Cypriot betting oversight gets lawmaker backing, a surprise fantasy sports bill makes progress in Brazil and Argentine lotteries makes payments alliance to battle illegal gambling.

October 20, 2022

Singapore Seeks To Raise Caps On E-Money Accounts

Singapore is considering new amendments to legislation that would significantly expand the parameters as to how much e-money can be stored and transacted via personal e-wallets.

October 20, 2022

’A Historic Day’: Bunq Claims Victory Over Dutch Central Bank In AML Case

Dutch fintech bunq is celebrating after the Dutch Trade and Industry Appeals Tribunal ruled in its favour over the use of artificial intelligence for anti-money laundering (AML) compliance.