Insights Archive

April 1, 2022

Crypto Cloud Looms For MEPs As Panetta Turns Up To Talk CBDC

While the European Central Bank’s digital euro chief was keen to talk about the project, lawmakers from Brussels’ left and right factions were more interested in knowing how a CBDC would correspond with the widespread acceleration in adoption of crypto.

April 1, 2022

PSR Hints At Scheme And Cross-Border Card Fee Reform

In correspondence with the Treasury Select Committee, the Payment Systems Regulator (PSR) has said that it is in the "early stage" of its thinking with the Interchange Fee Regulation reform as it focuses on identifying harms caused by scheme and cross-border interchange fees.

April 1, 2022

Update: Wyoming Drops State-Backed Stablecoin Plans, For Now

Governor Mark Gordon has vetoed a Wyoming bill that would have created a state-backed stablecoin, cautioning that the state’s reputation is at stake.

April 1, 2022

News In Brief: March 28-April 1, 2022

Visa launches new a accelerator programme to help creative talent working with NFTs grow their business and Swedish firm Klarna launches a new brand focused on open banking.

April 1, 2022

Inquiry Hears Star Entertainment Failed To Probe VIP Cash

High-roller and alleged Chinese agent of influence Huang Xiangmo bought A$1.7bn ($1.3bn) in chips from The Star casino in Sydney over five years using different names and passport details, but casino officers did not probe the source of his money.

April 1, 2022

Internet Gambling, Sports Betting Helped Save Atlantic City's Colossal Casino Flop

With a giant white sphere nicknamed “Pearl” on its roof, the Atlantic City casino that opened as Revel and is now known as Ocean Casino Resort will celebrate its tenth anniversary on Saturday after being saved by the success of internet gambling in New Jersey.

April 1, 2022

News In Brief: March 28-April 1, 2022

Sweden to update self-exclusion, Minnesota sports-betting bill makes progress and Nevada court to reassess Steve Wynn sexual assault ruling.

April 1, 2022

Personnel Moves - March 2022

Former MGA staffer Yanica Sant joins William Hill, Trinidad and Tobago appoints its first regulators and Malawi appoints a new gaming board head.

March 31, 2022

Brace Yourself For More Aggressive UK Sanctions Enforcement

The UK’s approach to sanctions enforcement is changing after a recent law amendment has imposed strict liability on businesses and made it easier for authorities to issue fines.

March 31, 2022

Dutch Central Bank Talks Back-Up Plans In New Payments Strategy

Notwithstanding a focus on EU integration and global cooperation, De Nederlandsche Bank has used its new strategy document for payments to make safeguarding trust a priority.

March 31, 2022

N26 Further Setback After Restrictions Imposed By Italian Watchdog

The German challenger bank is again in hot water with EU regulators as the Banca d'Italia places a ban on it onboarding new customers or launching new products.

March 31, 2022

FCA Extends Temporary Regime For Crypto Registration

Twelve crypto firms in limbo over their UK registration can now continue to operate as the Financial Conduct Authority has taken the last-minute decision to extend its temporary registration regime for crypto firms.

March 31, 2022

Ontario Bonus Limits Change Launch Model Compared To U.S.

While Ontario’s new online gaming market is set to launch on Monday with operators that include many of the leaders in the neighboring United States, the path to building market share will be a different one than the typically bonus-heavy American approach.

March 31, 2022

Cyprus Rebounding From COVID-19, Says Betting Authority

Gambling in Cyprus has “quite quickly” recovered to pre-COVID levels, according to the latest figures released by the National Betting Authority and the country’s only licensed casino operator, Melco.

March 31, 2022

Oklahoma Tribes Supportive Of Sports Betting, Relationship With Governor Remains Strained

Matthew Morgan, chairman of the Oklahoma Indian Gaming Association, believes gaming tribes will support efforts to legalize sports betting but it remains questionable if the current governor would even sign a bill.

March 30, 2022

Australia Names First In Line For Magnitsky Sanctions

Australia has sanctioned 39 Russians accused of serious corruption and involvement in the death and abuse of the lawyer Sergei Magnitsky, the foreign minister has announced.

March 30, 2022

‘I Told You So’: Reactions To EPI’s Card Abandonment

The European Payments Initiative (EPI) has pulled away from cards after half of its shareholders quit, which nobody is surprised by, but what comes next for the EU’s payments strategy?

March 30, 2022

Russian Regulators Strike Back Against Sanctions

Russian regulatory actions initially aimed at softening the blow of sanctions has now become a full on battle to save the Russian rouble, while the government imposes retaliatory measures against foreign governments, businesses and individuals.

March 30, 2022

U.S. To Go Its Own Way In Open Banking And Finance Initiatives

This analysis outlines key developments of open banking and finance in the U.S. at the federal level and what is to come. This includes the work currently being carried out by the Consumer Financial Protection Bureau (CFPB) to improve consumers’ access to their data and build the foundation for the U.S.’ open banking regulatory framework.

March 30, 2022

Crypto, Card Acquiring And Fraud Take Centre Stage In PSR Annual Plan

Shaping new crypto regulations, improving the card-acquiring market and preventing fraud are some of the seven key projects the UK's Payment Systems Regulator (PSR) is planning to focus on in the year ahead.

March 30, 2022

Ukraine Demands Gambling Industry Severs Ties With Russia

Ukraine’s gambling regulator has praised operator Parimatch for completing its withdrawal from the Russian market and urged other industry stakeholders to cut all ties with the country.