Insights Archive

December 3, 2024

Colombia Launches New Safer Gambling Campaign

Colombian gambling regulator Coljuegos is continuing its campaign against gambling addiction with a new initiative designed to tackle the dangers of compulsive gambling.

December 3, 2024

Finnish Ethical Sports Centre Predicts Negative Gambling Reform Impact

The Finnish Center for Integrity in Sports (SUEK) predicts that reforming the country’s gambling law and opening up licensing for online betting will increase sporting event manipulation.

December 3, 2024

Australia Passes First Law To Regulate BNPL As Credit

Lawmakers in Australia have enacted new legislation that will regulate buy now, pay later (BNPL) products as credit, with providers required to obtain an Australian credit licence.

December 3, 2024

Daily Dash: Dutch Central Bank Highlights Personal Assessment Requirements Under DORA

The Dutch Central Bank has announced plans to conduct personal assessments of policymakers at financial institutions to ensure compliance with the EU's Digital Operational Resilience Act (DORA), which is set to take effect on January 17, 2025.

December 3, 2024

Digital ID Effective In Countering Fraud Threat, Says UK Government-Backed Body

The Centre for Finance, Innovation and Technology has announced new research showing that the secure use of digital identities could contribute an estimated £600m annually to the UK economy.

December 3, 2024

FCA Launches Second Consultation On Enforcement Proposals

The UK’s Financial Conduct Authority (FCA) has responded to criticism of its name-and-shame enforcement proposals, which were consulted on earlier this year, suggesting amendments in its latest call for feedback.

December 2, 2024

U.S. Sports-Betting Industry Facing Fight To Avoid Tax Increases In 2025

Industry lobbyists warn that sports-betting tax rates will continue to be a hot topic in 2025, especially in those states facing significant budget deficits.

December 2, 2024

Peru Compliance Deadline Shifts Again

Peru’s deadline for approved online gambling operators to register their platforms and game providers and submit technical approvals has come and gone without any formal recognition from the regulator.

December 2, 2024

FIs Urged To Use AI-Powered 'DNA' To Fight APP Fraud

With losses to authorised push payment (APP) fraud set to rise, a payments expert at ACI Worldwide is urging financial institutions (FIs) to use AI and ISO 20022 to enable real-time exchange of risk information.

December 2, 2024

Australian Parliament Passes Landmark AML Bill

Lawmakers in Australia have passed a landmark anti-money laundering (AML) bill that will bring a range of "high-risk" professions into the country’s AML regime for the first time.

December 2, 2024

Curaçao Regulator Addresses Raft Of Allegations

Curaçao's Gaming Control Board has responded to a raft of allegations regarding the country’s licensing reforms, including denying assertions it embezzled money and refuting claims it lacks the authority to grant licences.

November 29, 2024

Argentina Advertising Ban Bill Advances To Senate

Argentina’s Chamber of Deputies has passed a bill aimed at preventing gambling addiction and restricting youth access to online betting, including banning nearly all advertising.

November 29, 2024

Daily Dash: Elon Musk Calls For Abolition Of CFPB

Tech billionaire Elon Musk, who is set to play a key role in the incoming Trump administration, has called for the Consumer Financial Protection Bureau (CFPB) to be scrapped.

November 29, 2024

Week In Crypto: Tornado Cash Sanctions Overturned By Appeals Court

A US Court of Appeals has ruled that the smart contracts behind Tornado Cash, a "notorious" cryptocurrency mixing service, cannot be sanctioned because they are "not capable of being owned".

November 29, 2024

News In Brief: November 25-November 29, 2024

UK Gambling Commission chairman is stepping down from the role and Kick streaming platform is strengthening protections around gambling-related streams.

November 29, 2024

Japan To Prosecute Up To 130 Online Gamblers, Crypto Implicated

Japanese police have launched a nationwide wave of prosecutions against users of offshore gambling websites from home or on mobile devices, dramatically escalating the government’s crackdown against the nation’s illegal gambling ecosystem.

November 29, 2024

Ukraine's Parliament Committee Approves Draft Bill To Close Regulator, Ban Advertising

A Ukrainian parliament committee has adopted an amended bill, 9256-D, which proposes to shut down Ukraine’s gambling industry regulator, the Commission for the Regulation of Gambling and Lotteries (KRAIL), and replace it with a new authority next year.

November 28, 2024

NCLGS Targets Sweepstakes With Model iGaming Legislation

The National Council of Legislators from Gaming States (NCLGS) has released its draft of its Model Internet Gaming Act and is recommending that state legislatures include a ban on online sweepstakes games in any legislation.

November 28, 2024

UK Prime Minister Says Promised Gambling Regulatory Reform Has Been Delivered

UK Prime Minister Keir Starmer and other industry stakeholders, from affiliates to health experts, have praised his government's plans to generate £100m to prevent and tackle gambling harm, as GambleAware calls for the quick appointment of a prevention commission.

November 28, 2024

Daily Dash: HSBC Fined In Isle Of Man For Violating AML Restraining Order

HSBC has been hit with a £300,000 fine in the Isle of Man for continuing to process payments for a customer whose accounts were under a restraining order.

November 28, 2024

MiCA ESG Disclosures Set To Bring 'Substantial Change' To EU CASPs

Experts believe the way crypto-asset service providers (CASPs) in Europe operate will change significantly with the introduction of new environmental, social and governance (ESG) disclosures.