Insights Archive

September 27, 2023

Mexican Competition Commission Calls For Interchange Fee Cap

Mexico’s antitrust watchdog has urged the country’s financial regulators to fix what it says is an anti-competitive card processing market and establish an interchange fee cap.

September 27, 2023

Campaign For Fairer Gambling Targets U.S. Responsible Gambling Policies

After making its mark on UK gambling policy, the Campaign for Fairer Gambling launched in the U.S. on Tuesday (September 26) with a briefing for congressional staff and media at the U.S. Capitol building in Washington.

September 26, 2023

Betr Absorbs No House Advantage Accounts In Pick 'Em Fantasy Pivot

Startup sports-betting operator Betr has agreed to absorb the customer balances of a now-defunct daily fantasy operation that abruptly closed its doors over the summer, leaving customers in limbo.

September 26, 2023

Maryland Delegate Urges Caution Over iGaming Legalization In 2024

As some Maryland lawmakers urge regulators to reopen the application window for sports-betting licenses, others are looking to push an internet gaming bill through the legislature when members return to Annapolis in January.

September 26, 2023

Chile's Telecomms Peak Group To Obey Gaming Website Block Order

Chile intends to use a recent Supreme Court ruling involving one internet service provider to apply market-wide blocking of leading online betting sites, according to a top government official.

September 26, 2023

Gibraltar Gambling Hub Status Will Prevail, Says Regulator

The head of Gibraltar’s gambling regulator has dismissed claims that its reputation as a gambling hub is under threat, as the jurisdiction prepares to update its regulations.

September 26, 2023

Swedish Government Quietly Curbs Its Enthusiasm For E-Krona

A new report by the Swedish government has raised doubts about the need for an e-krona, marking a change in tone for a country that was a first-mover in the study of central bank digital currency.

September 26, 2023

UPDATE: European Commission Responds To MEP Question About Card Fees

The European Commission has responded to a query from a member of the European Parliament (MEP) on card fees and whether they harm merchants’ competitiveness.

September 26, 2023

US Credit Card Competition Act Would Harm Consumers, Says Mastercard

In a letter addressed to several members of the US Congress, Mastercard has argued that new credit card legislation, if adopted, would put consumers at risk.

September 26, 2023

Daily Dash: Zero To Wero?

The European Payments Initiative has unveiled the commercial name for its digital wallet solution, a US regulator has proposed that medical bills are removed from credit reports, and Uncapped has scrapped its revenue-based finance service.

September 26, 2023

India's GST Agency Slugs Delta Corp $2bn, Targets More Online Companies

India’s sole land-based gambling listco Delta Corp has said it will fight the central government’s goods and services tax (GST) authority in court after receiving a demand for $2bn in unpaid GST on casino betting volume.

September 25, 2023

Florida Targets Fantasy Sports Companies Over 'Prohibited' Wagers

Tension between state gambling regulators and operators of pick ’em fantasy-sports games is escalating after Florida’s regulator demanded an immediate halt to solicitation of alleged sports wagers by PrizePicks and other fantasy companies.

September 25, 2023

Mexico Draft Decree Sparks High-Stakes Lobbying Battle

Mexican operators, union groups and local and international associations are pushing back hard against a draft regulatory decree that would ban all gaming machines and casino-style games in the country.

September 25, 2023

European Regulators Swap Notes In Portugal, Lithuania

Gambling regulators across Europe have held two separate conferences in the north and south of the continent over the past two weeks to share best practices and strengthen collaboration.

September 25, 2023

New York Slashes Crypto 'Greenlist' Alongside New Guidance On Coin Listings

A New York regulator has reduced the number of "Greenlisted" crypto-assets in the state from 25 to eight, and has issued new proposals on how firms should handle coin listings and delistings.

September 25, 2023

US Lawmaker Proposes 18 Percent Credit Card Rate Cap

As US credit card debt reaches an all-time high, a Republican senator has introduced new legislation to limit the annual percentage rate for credit cards to 18 percent.

September 22, 2023

Nevada Streamlines Regulations, Esports Betting Back On Agenda

The Nevada Gaming Commission has granted final approval to eliminate more than a dozen regulations that the agency’s staff deemed obsolete earlier this year, paving the way for commissioners to consider finalizing new esports betting regulations next month.

September 22, 2023

Curaçao Advisor Keen To Address 'Mistruths'

As Curaçao prepares to announce its new licensing fees next week, a key advisor to the minister of finance has addressed a host of “mistruths” about incoming regulatory changes.

September 22, 2023

Latin American Regulators May Lack Industry Knowledge, Executives Fear

Several betting operator chief executives lamented the lack of industry understanding among government regulators across Latin America while speaking at the SBC Summit Barcelona on Thursday.

September 22, 2023

Week In Crypto: FTX Sues Former CEO's Parents In Effort To Recover Funds

The Bankman family are asked to give back millions of dollars to FTX, Binance raises doubts over the EU’s incoming stablecoin laws, and a US regulator warns that more crypto enforcement actions are coming.

September 22, 2023

Colombian Agency Charges Visa, Mastercard With Anti-Competitive Cross-Border Payment Restrictions

Colombia’s antitrust watchdog has accused Visa and Mastercard of hindering domestic payment aggregators from offering alternative cross-border payment services.