Insights Archive

July 22, 2022

German Regulator Irks Internet Firms With Call For Voluntary Website Blocking

A call by the new Germany-wide gambling regulator for internet service providers (ISPs) to voluntarily block unlicensed gambling sites is stirring controversy among the ISPs and some legislators.

July 22, 2022

News In Brief: July 18-July 22, 2022

Legal online casino games will become available for the first time in the Canadian province of Nova Scotia.

July 21, 2022

Europeans Can Now Use Alternative Billing Systems For In-App Purchases On Google Play

Google has announced that non-gaming apps that operate in the European Economic Area (EEA) may allow customers to use alternative billing systems to pay for digital goods and services via the Google Play store, pre-empting forthcoming regulations.

July 21, 2022

Swedish Court Rules In Consumer’s Favour Over Fraud Payments

Sweden’s Supreme Court has ruled that a consumer that fell victim to a phishing scam is in line for compensation after unwittingly giving away their details to a fraudster.

July 21, 2022

Paraguay On Path To Adopt Crypto Law

Last week, Paraguay’s Congress passed a bill that would regulate crypto-related activities in the country.

July 21, 2022

BNPL Complaints Begin To Emerge, But Fraud Comes Out On Top For Italian Consumers

Banca d'Italia has hinted at new buy now, pay later (BNPL) regulation, despite only receiving five complaints regarding the deferred payment method in 2021. Meanwhile, fraud continues to be the biggest issue faced by consumers.

July 21, 2022

Massachusetts Running Out Of Time To Legalize Sports Betting

With less than two weeks left in the legislative session, lawmakers in Massachusetts are running out of time to resolve their differences on tax rates and whether to allow wagering on college sports.

July 21, 2022

Belgium Sets New Weekly Deposit Limit

A Belgian royal decree has set a new €200-a-week deposit cap for online gambling accounts, with regulator and bank checks needed for players to lift the limit.

July 21, 2022

Illegal Online Betting Rampant, Warns Racing Federation

The Asian Racing Federation is warning that growth in illegal online betting is much faster than growth in legal markets, with poor regulation, new technology and the pandemic posing threats to racing integrity.

July 20, 2022

Meta Targets Small Businesses With New In-Chat Instagram Payments

Meta has launched a major new update to its Instagram social network app that allows users to message and pay for goods and services directly within the app's chat function.

July 20, 2022

Lithuania’s Central Bank Slaps Down Payments Institution Over High-Risk Activities

UAB Best Finance has been temporarily prohibited from providing services to customers from outside the European Economic Area (EEA), according to the Baltic financial supervisor.

July 20, 2022

Google Quietly Resurrects Google Wallet While Axing Google Pay

This week Google has relaunched Google Wallet — the app it once replaced with Google Pay — but this time round the wallet is much more than just a payments app.

July 20, 2022

Apple Hit With US Class Action Suit Over Tap And Pay

An Iowa card issuer has accused Apple of unlawfully restricting rivals’ access to tap and pay contactless technology and charging issuers “supracompetitive” fees.

July 20, 2022

Boyd To Launch Nevada Esports Platform As Regulatory Realignment Nears

As a policy advisory committee moves closer to defining how esports should be regulated in Nevada, a senior executive for Boyd Gaming has said the company is strongly exploring offering esports along with its other race and sports-betting options in the largest U.S. gaming market.

July 20, 2022

Peru's Online Gambling Law Faces Harsh Criticism For Perceived Loopholes

Peru is on the cusp of legalising online gambling after the approval of Bill 2070/2021 in the dead of night on Friday, but criticism of the new law has already begun.

July 20, 2022

Ukrainian Petition Calls For Expulsion Of Russia-Linked Gambling Operator

A petition to Ukraine President Volodymyr Zelensky is demanding the national gambling regulator review and ultimately rescind the licence of a company that it says is linked to 1xBet in violation of rules barring Russian influence.

July 19, 2022

PayID Bringing Down Scams And Mistaken Payments, Aussie NPP Announces

One in four payments that have used the Australian PayID look-up service have been stopped and/or amended, helping prevent mistaken payments and reducing the likelihood of being tricked by a scammer, the country’s national payments infrastructure has said.

July 19, 2022

Only A Digital Euro Offers Trust Required For Digital Age, Says ECB

The European Central Bank (ECB) has said that only a digital euro can provide the trust and reliability of central bank money to support payments in the digital age, while at the same time dismissing crypto-assets as “inefficient”.

July 19, 2022

Dutch Central Bank Slaps Binance With €3.3m Fine

De Nederlandsche Bank (DNB) has found that Binance offered crypto-services in the country without registering. Binance has said it is now close to meeting Dutch regulatory requirements.

July 19, 2022

India And Indonesia To Expand Central Bank Cooperation On Payment Systems, Regulations

Bank Indonesia and the Reserve Bank of India have signed a memorandum of understanding that will lead to greater information sharing and other ties between the two central banks.

July 19, 2022

’Heavy Tech’ Investing Key To Harm Prevention, Says FCA

The UK’s financial watchdog has increasingly been investing in data and technology to reduce consumer harm and intervene more effectively, said its chief executive in a US speech.