Insights Archive

November 2, 2022

Australia Imposes Tougher Warnings On Online Wagering Ads

Australia’s federal government has released a series of compulsory, more robustly worded responsible gaming warnings to be rotated across online wagering commercials and promotions in print, broadcast and online media.

November 2, 2022

Caesars Pulls Las Vegas Casino Sale, Eyes New York License

Even prior to the completion of Eldorado Resorts' $17.3bn acquisition of Caesars Entertainment more than two years ago, executives emphasized they were working on a potential sale of a Las Vegas Strip property to pay down debt, but that plan has now been scrapped.

November 2, 2022

Swedish Stakeholders Renew Calls For Debt Register, Loan Ban

There are renewed calls in Swedish local media to protect gamblers by introducing a national debt register and the ability to ban loans to indebted people, but barriers to introducing such a system persist.

November 2, 2022

Personnel Moves - October 2022

New government ministers in the UK and Sweden, MGM adds digital boss, Aristocrat appoints tribal envoy as non-executive and new lottery chief selected in Brazil.

November 1, 2022

Turkey To Launch Digital Lira In 2023 Linked To eID

Turkey has announced plans to introduce a central bank digital currency by next year, which will combine with a digital identity system.

November 1, 2022

Malaysia’s New E-Payments Push Targets France-Level Usage

The central bank of Malaysia has launched a new promotional campaign to expand the use of electronic payments in a bid to hit 400 transactions per capita by 2026.

November 1, 2022

Crypto And Gambling Top EU’s AML Risk Assessment

Crypto-assets and gambling are high on the agenda for the EU’s latest supranational risk assessment, which warns beneficial ownership rules are still lagging.

November 1, 2022

Goa IR Precinct Plan Stalled As Delta Talks Up Casino In 2027

The Indian state of Goa is stalling on developing an integrated resort (IR) precinct near a future international airport, leading casino operator Delta Corp to confirm its future IR casino will be electronic and operate in tandem with riverboat casinos.

November 1, 2022

Gambling Targeted In EU Risk Analysis

Crypto-assets and gambling are high on the agenda for the EU’s latest supranational risk assessment, which warns beneficial ownership rules are still lagging.

November 1, 2022

Start-Up Exchange Sporttrade Looks To Attract New Type Of U.S. Sports Bettor

Although many have preached the need for differentiation to succeed in the U.S. sports-betting space, Pennsylvania-based start-up Sporttrade is looking to make a dent with a product unlike few in the U.S. to date.

October 31, 2022

US Inches Closer To Open Banking Rules

The US Consumer Financial Protection Bureau has outlined proposals that enable consumers to share financial data with third parties. Although not explicitly an open banking rule, it will help the US move one step closer to it.

October 31, 2022

FCA Unveils Larger, Leaner Enforcement Arm As Challenges Expand

The chief executive of the UK Financial Conduct Authority (FCA) has spoken of the agency’s plans to grow in both manpower and legal tenacity to meet future regulatory challenges.

October 31, 2022

Crypto Regs Get Stricter For UK With Latest Amendment

The Financial Conduct Authority would have the power to regulate all crypto-assets under proposals drawn up by the Treasury.

October 31, 2022

Lula Elected Brazilian President

Luiz Inácio Lula da Silva was elected the next President of Brazil late on Sunday night, giving hope to gambling watchers that the country's sports-betting law will be regulated before a legal window expires on December 12.

October 31, 2022

Nevada's Black Book Evolving As Gaming Benefits From New Technology, Sports Franchises

As Nevada's gaming market confronts new challenges, regulators are focused on updating the state’s List of Excluded Persons, more commonly referred to as the Black Book, the exclusive and life-long club for those unsavory characters gaming officials have barred from entering Nevada casinos.

October 31, 2022

UK Appoints New Gambling Minister

The UK has a new government minister in charge of gambling policy, as ongoing wider political changes throw the timeline for the Gambling Act review white paper release into further disarray.

October 28, 2022

UPDATE: SWIFT Delays ISO 20022 Switch Until March 2023

SWIFT follows the European Central Bank’s decision earlier this month to postpone ISO 20022 migration of the Eurosystem by four months.

October 28, 2022

Google Fined $114m In India Over In-App Payment Restrictions

The Competition Commission of India has imposed an INR936.44 crore ($114m) fine on Google after finding that the tech giant unlawfully restricted in-app payments.

October 28, 2022

Two-Year Wait For Card Fee Conclusions, PSR Confirms

The UK's Payment Systems Regulator (PSR) has outlined the next stages of its two market reviews into card fees, but warns that it expects the process to continue for two years.

October 28, 2022

Week In Crypto: No-Shows At South Korea’s LUNA Hearings And Has FTX CEO Become Too Powerful?

South Korean politicians fume as key witnesses fail to turn up to hearing on high-profile crypto failure, questions raised at FTX CEO’s lobbying on Capitol Hill and Singapore consults on new crypto trading and stablecoin rules.

October 28, 2022

President Biden Backs CFPB’s Crackdown On ’Surprise’ Overdraft Fees

The White House has stood behind the Consumer Financial Protection Bureau’s (CFPB) efforts to end unexpected overdraft and depositor fees as mid-term elections are approaching and the cost of living becomes a core issue for voters.