Insights Archive

February 16, 2024

DraftKings Targets Lottery Cross-Sell With Jackpocket Deal

DraftKings will enter the burgeoning U.S. online lottery courier business after it announced a deal to acquire Jackpocket, less than two weeks after the company entered the New Jersey online casino market.

February 16, 2024

Florida, Arkansas Regulators Ramp Up Pressure On Pick'Em Operators

State regulators continue to pressure fantasy sports operators that offer pick’em style games to leave their states, including new action from Florida regulators requiring operators to cease the games by March 1.

February 16, 2024

News In Brief: February 12-February 16, 2024

Alabama to consider amendment that would open gambling market and Australia's Star Entertainment trades job security for tax delays.

February 16, 2024

German Regulator Disputes Industry View That Rules Are Too Strict

The German regulator has pushed back against the view that overly strict interpretations of gambling law are driving players to the black market.

February 16, 2024

Week In Crypto: Bitcoin Use Rising Among Child Predators, Says FinCEN

A US Treasury agency highlights the growing use of Bitcoin among child predators and human traffickers, Tether relocates to El Salvador, and Argentinians continue to fight inflation with stablecoins.

February 16, 2024

Digital Euro Legislative Amendments Released

Stefan Berger, the rapporteur for the Single Currency Package, has released his amendments to the digital euro legislation, touching on topics such as merchant fees.

February 16, 2024

Daily Dash: HM Treasury Appoints Open Banking Tsar To FCA Board

The UK’s financial services regulator has appointed an open banking expert as its latest board member, and India has launched a new pilot to study offline and programmable CBDC payments.

February 16, 2024

Albania Un-Bans Sports Betting

Albania is set to reopen its online sports-betting market after its parliament narrowly approved a draft law, soon after a vote on the changes was delayed.

February 15, 2024

Alberta Begins Fact-Finding For Private Online Gaming Market

Alberta officials have started the process to create an open market for online gambling, potentially following the lead of fellow Canadian province Ontario into the space.

February 15, 2024

German Court Suspends Player Refund Lawsuit Pending EU Ruling

Germany’s Federal Court of Justice has suspended a player-refund lawsuit against a Malta-based gambling operator pending a ruling by the Court of Justice of the European Union.

February 15, 2024

Lithuania Proposal Would Ban Gambling Advertising

More than 40 MPs have submitted a draft law to ban gambling advertising in Lithuania, just days after fellow Baltic nation Estonia's government was warned of the unintended consequences that an advertising ban would have.

February 15, 2024

ECON Committee Gives Green Light To PSD3/PSR

Lawmakers on the Economic and Monetary Affairs committee celebrated Valentines’ Day by voting through both the Payment Services Directive and Payment Services Regulation (PSD3/PSR).

February 15, 2024

MEPs Acknowledge European Parliament 'Struggles' With Digital Euro In Testy ECB Hearing

Members of the European Parliament (MEPs) had another awkward exchange with the European Central Bank (ECB), as factions try to come to an agreement on their position on the digital euro.

February 15, 2024

Australia: Scam Losses Down Almost 30 Percent Since Launch Of New Agency

Australia’s treasurer has applauded the early progress made by a new agency in reducing losses to scams, as a key consultation on scam reimbursement comes to an end.

February 15, 2024

Daily Dash: Philippines Wholesale CBDC To Launch Within Two Years, Says Central Bank Governor

The Philippines central bank has confirmed that a wholesale CBDC launch is expected by 2026, and FIS has announced a new partnership that aims to increase open banking payments in the US.

February 15, 2024

Top Manila Integrated Resort Investor Probed In Hong Kong

Hong Kong’s Securities and Futures Commission is probing Andrew Lo, the lead investor in Manila’s next major integrated resort, over his company’s divestment of the Tigre de Cristal hotel-casino, an attempted sale that triggered mass board resignations and trading suspensions.

February 15, 2024

Alabama Gaming Package Heads To House Floor

Legislation that would transform the gaming market in Alabama could receive a vote on the floor of the House of Representatives as early as Thursday after clearing a House committee.

February 14, 2024

Peru Opens Landmark Licensing Window

Tuesday (February 13) marked the first day that operators offering online casino games and sports betting could apply for a licence in Peru.

February 14, 2024

Norwegian Regulator Orders Marketer To Stop Targeting Norway

The Norwegian Gambling Authority has ordered a Cyprus-based marketing firm that it says uses Norwegian social media influencers to stop marketing gambling in Norway.

February 14, 2024

Air Travel Industry Rallies Against EU Cash Proposals

The International Air Transport Association has called on policymakers to be flexible in their development of the regulation on the legal tender of euro banknotes and coins.

February 14, 2024

European Commission Planning IBAN Discrimination Crackdown

Mairead McGuinness, the European commissioner for financial services, has told a conference that her department is set to look into IBAN discrimination, “which really shouldn’t be happening”.