Insights Archive

March 19, 2025

Suppliers, Payment Processors Targeted In State Crackdown On Sweepstakes

Suppliers of gaming services remain split on whether to fully embrace the fast-rising yet controversial sweepstakes vertical, particularly as various U.S. state regulators and lawmakers begin to take notice of the genre.

March 19, 2025

Digital Euro Fails To Excite Public, ECB Survey Finds

A new study from the European Central Bank (ECB) has found that most Europeans have little interest in using a potential digital euro, should the ECB commit to issuing one.

March 19, 2025

New York Bill Aims To Cover For Weakened CFPB

With the Consumer Financial Protection Bureau (CFPB) still out of action under President Trump, lawmakers in New York are considering a bill that would offer new safeguards for consumers and small businesses.

March 19, 2025

UK PSPs Ready Themselves For Outcomes-Focused Operational Resilience Rules

The UK’s financial services industry is bracing for new enhanced operational resilience rules that will mean being better prepared for outages and disruptions.

March 19, 2025

Philippine Online Market To Tighten As Illegals Turn To Regulation

The Philippines’ regulated online gambling market is facing a pincer action of increased competition from formerly illegal operators and a massive, enduring unregulated market, but overall market growth is likely to kick the enforcement can down the road.

March 18, 2025

Nevada Bill Increases Penalties For Illegal Online Gambling

The efforts by several states to crack down on illegal, unregulated online sweepstakes websites have garnered support from the leading trade association that represents the regulated gambling industry, including a bill to strengthen enforcement measures in Nevada.

March 18, 2025

Regulatory Influencer: Europe Seeks To Prioritise Payments Sovereignty

With uncertainty increasing in many aspects of international affairs, regulators across Europe are considering the question of payments sovereignty and how they can ensure that their payments systems are resilient.

March 18, 2025

US Senate Banking Committee Passes Stablecoin Bill, Despite Democrat Resistance

US lawmakers have taken a significant step towards a federal regulatory framework for stablecoins with the passage of a bipartisan bill by the Senate Banking Committee.

March 18, 2025

US Republicans Advance Debanking Bill To Senate Floor

Republicans on the Senate Banking Committee have advanced a bill that aims to scrap the concept of "reputational risk" in federal banking supervision.

March 18, 2025

Passed Its Use By Date Or A Strong Advocate Lost? Payments Industry Split On PSR Shutdown

The payments industry is divided on what the future holds now that the UK government has made clear its intentions to shut down the Payment Systems Regulator (PSR).

March 18, 2025

Daily Dash: Brunei Adopts National Payments QR Code Standard

The Brunei Darussalam Central Bank (BDCB) has issued a notice mandating the adoption of a National Quick Response (QR) Code Standard for payment transactions.

March 18, 2025

SAFE Bet Act Returns With Fresh Focus On VIP Programs

Reintroduced legislation to impose sweeping federal restrictions on U.S. sports betting has little chance of being approved in Congress but may continue to influence state lawmakers, with loyalty programs now seemingly in the crosshairs of industry critics.

March 18, 2025

Philippines' Grey List Exit Boosts Online Operator Interest

The Philippines’ primary gambling regulator has attributed a surge in interest in online gambling licensing and foreign-facing B2B service provision to exiting the Financial Action Task Force (FATF) money laundering grey list.

March 17, 2025

German Regulator Calls For More Action Against Illegal Market

The head of Germany’s Joint Gambling Authority of the Federal States has called for more action against illegal operators and extra powers to tackle illegal gambling.

March 17, 2025

Daily Dash: Lithuania Flags Deficiencies In MiCA Licence Applications

The Bank of Lithuania has identified significant weaknesses in applications for crypto-asset service provider licences, with most submissions failing to meet key requirements.

March 17, 2025

FCA Seeks Views On Scrapping £100 Contactless Limit

The Financial Conduct Authority (FCA) is exploring whether to remove or increase the UK’s £100 contactless payment limit, as part of its response to the government’s push for economic growth.

March 17, 2025

Malta Warns Payments And Crypto Firms Over Terrorist Financing And Sanctions Compliance

The Malta Financial Services Authority has identified major shortcomings in how crypto-asset service providers, e-money institutions and payment service providers address financial terrorism and targeted financial sanctions risks.

March 17, 2025

Japanese Police Refine Offshore Gambling Figures

Some 2 percent of the Japanese population, or just under 2m people, are currently engaged in online gambling, with a majority of them claiming to have a gambling addiction, a survey commissioned by the National Police Agency has shown.

March 17, 2025

Underdog To Pay $17.5m Fine And Exit New York

Underdog Fantasy will pay a $17.5m fine to the state of New York and at least temporarily cease offering fantasy games in the state as part of a settlement announced Friday with the New York State Gaming Commission.

March 17, 2025

Connecticut Regulator Suspends High 5 Games License

Connecticut regulators have suspended the online gaming supplier license of High 5 Games due to its sweepstakes casino offering, and said that the company will face criminal charges.

March 14, 2025

Alberta Making Progress On Online Gaming Opening

Canadian Gaming Association president Paul Burns said Thursday that Alberta has begun to make progress in its efforts to launch an Ontario-style online gaming market, although a government spokesman says no timeline is in place yet.