Insights Archive

April 9, 2024

EU Sustainability Compliance Explosion Looms For Global Gambling

The European Union is set to unleash a massive new compliance burden on hundreds of gambling companies worldwide, requiring them to report publicly on their climate impact, diversity, responsible gambling practices and much more.

April 9, 2024

Amazon Denies 'Ditching' Just Walk Out Technology

Amazon has denied reports that it plans to “ditch” Just Walk Out, saying that it will continue to deploy its autonomous checkout technology in certain US and UK stores, while transitioning to another system in large US supermarkets.

April 9, 2024

Bank Of Lithuania Fines Flywire, Secure Nordic Payments For Regulatory Shortcomings

Payment institution Flywire and e-money institution Secure Nordic Payments, which operates as Mistertango, have been fined by Lithuania’s financial services authority over regulatory shortcomings.

April 9, 2024

Daily Dash: UK's Confirmation Of Payee Hits 2bn Checks

Confirmation of Payee has hit a new milestone in the UK’s fight against fraud, and Worldline and Crédit Agricole have given a name to their newly formed joint venture.

April 9, 2024

Hong Kong Bourse Warns Lead Manila IR Investor To Regain Compliance

The Hong Kong Stock Exchange has ordered the controlling interest of Manila’s next integrated resort to regain compliance with bourse rules or be delisted, with disciplinary action possible against its surviving director.

April 9, 2024

Bill Seeks To Overturn Minnesota Racing Commission's Historical Horseracing Decision

Decisions by the Minnesota Racing Commission to allow historical horseracing machines and electronic table games at the state’s two racetracks have garnered strong opposition from members of the state legislature who believe both rulemakings violate state gaming laws.

April 8, 2024

Senate Opposition Kills Maryland Internet Gaming Bill For 2024

The Maryland General Assembly advanced a budget deal ahead of the last day of the session on Monday that included $340m in new taxes and fees but did not include any revenue from online gaming as the Senate opted to forego considering any gaming expansion.

April 8, 2024

Skill On Net Violates Denmark's Money Laundering Act

Casino operator Skill on Net Ltd has received three injunctions and two reprimands from the Danish Gambling Authority for breaches of the country’s Money Laundering Act.

April 8, 2024

Sweden Could Tighten Law To Tackle Illegal Gambling Ads

The Swedish government has said it is open to introducing new advertising rules after a local TV show’s review of casino influencers found that eight out of ten of them on streaming platform Twitch are promoting illegal gambling.

April 8, 2024

Former Payvision Execs Fined For AML Failures

The Dutch Public Prosecution Service has imposed fines of €150,000 and €180,000 on two former directors of payment service provider Payvision for failures in relation to anti-money laundering (AML) obligations.

April 8, 2024

Daily Dash: New Visa+ P2P Service Goes Live In The US

The Visa+ P2P service is now live in the US following a trial run last year, while Spain has introduced a bill that could lead to a new consumer protection authority.

April 8, 2024

HSBC Australia Settles Open Banking Case Following Faulty Data Complaint

HSBC Australia has agreed to pay A$33,000 ($21,600) in penalties to settle two alleged breaches of the country’s new open banking laws, on credit card statements and mortgage interest rate data.

April 8, 2024

Dutch Central Bank Slaps Kraken With €4m Fine For Failing To Register

The Dutch Central Bank has announced a multimillion euro penalty on Payward International Markets Limited (Payward International), which otherwise operates under the trade name Kraken.

April 5, 2024

News In Brief: April 1-April 5, 2024

VICI is fined in New Jersey, Bulgaria rejects a gambling ad ban, Chile's online bill moves to the Senate floor and Peru proposes tax increase.

April 5, 2024

Dominican Republic Publishes Resolution To License Online Gaming

After a concerted effort in recent years to clean up the industry, the Dominican Republic’s Ministry of Finance has published a resolution to regulate the licensing of online casinos and online gaming.

April 5, 2024

Italy Set To Enter New Era Of Online, Lottery Licensing

A new decree in Italy that will see online licence fees skyrocket ahead of an expected concession window at the end of this year, and which prepares the ground for the country’s €7bn lottery tender, has been approved.

April 5, 2024

World's First AML Information Sharing Platform For FIs Goes Live In Singapore

Singapore has launched a new information sharing platform for financial institutions (FIs), in an effort to transform the way that they handle money laundering and terrorist financing risks.

April 5, 2024

Laos, Brunei Join ASEAN Payments Alliance

The central banks of Laos and Brunei have joined the Regional Payment Connectivity Initiative, run by the Association of South East Asian Nations (ASEAN).

April 5, 2024

Daily Dash: Lithuania To Establish New Data Sharing Platform For Police, Financial Sector

Lithuanian law enforcement and financial institutions have signed an agreement to launch a new data and information sharing platform, while India is considering two new use cases for the UPI instant payments system.

April 5, 2024

Australian Online Regulator Probing Cyprus Payments Subsidiary

Australia’s federal online gambling regulator is probing a Cypriot-controlled Australian payments company with alleged links to illegal online gambling services.

April 5, 2024

Minnesota HHR Decision Adds New Wrinkle To Sports-Betting Talks

Ongoing sports-betting conversations in Minnesota had an extra layer of complexity added to the mix with a regulatory decision this week to permit racetracks to offer historical horseracing.