Insights Archive

April 14, 2022

U.S. May Follow UK's Regulatory Crackdown, Panelist Warns

As the UK considers tough new restrictions on online gambling, it could only be a matter of time before similar rules are proposed in the United States, according to a panel of legal experts and U.S. regulators.

April 14, 2022

UK Will Force Operators To Take Earlier Action On At-Risk Players

The UK Gambling Commission has introduced new rules to require online gambling companies to identify and take action to protect players at risk of harm.

April 14, 2022

Esports Governing Body Called For To Address Integrity Concerns

Esports industry experts have said they need a global governing body to tackle the sports integrity issues that still haunt the sector, as growth drives risks to new heights.

April 14, 2022

News In Brief: April 11-April 15, 2022

U.S. regulators step in to block a metaverse NFT casino, Buenos Aires Province to allow debit card gambling and Macau draft puts further pressure on junkets.

April 13, 2022

Germany Experts Expect Tougher Ad Rules Next Year

Affiliates in Germany will have to “decide which side of the law they are on” in 2023, as lawyers say they expect advertising pressure on operators to tighten from next year.

April 13, 2022

Private Bill Calls For Online Gaming Regulation Across India

A private member’s bill has been introduced to the Indian parliament to regulate the online gaming industry, amplifying the possibility of national intervention in the policies and laws of state governments.

April 13, 2022

IMF Finds Crypto Adoption Correlates With Perceived Corruption, Calls For More KYC Regulations

The International Monetary Fund (IMF) believes that endemic corruption could be accelerating crypto adoption, but it admits the data is patchy.

April 13, 2022

Winding Down Plans Are A Mess, FCA Warns

Significant work is needed to ensure that the wind-down planning of firms is credible and operable, the UK’s financial services watchdog has said in a new report.

April 13, 2022

US Court Revives Pulse Suit Against Visa

A US appeal court has reopened a case by payment processing network Pulse, which alleges Visa practices have reduced competition in the debit card market.

April 13, 2022

ASEAN Countries Prioritise Financial Inclusion, ESG

The eighth joint meeting of the Association of South-East Asian Nations (ASEAN) finance ministers and central bank governors has been convened virtually, with praise for progress made on payment services among the ten member states.

April 13, 2022

New UK Lottery Operator Allwyn Battles Sanction Claims

The UK's next National Lottery operator has admitted sanctions associated with the Russian invasion of Ukraine could affect its business, but denied it is especially vulnerable, amid parliamentary scrutiny.

April 13, 2022

New York Casino Licensing Battle Set To Begin

The bidding process for the three new licenses to operate a full-fledged casino in or around New York City will likely be one of the most hotly contested in U.S history, with many of the nation’s most prominent operators having already expressed interest.

April 13, 2022

Germany Experts Expect Tougher Ad Rules Next Year

Affiliates in Germany will have to “decide which side of the law they are on” in 2023, as lawyers say they expect advertising pressure on operators to tighten from next year.

April 12, 2022

Malaysia’s Digital Payments Growth Soars As Payment Preferences Shift

Impressive 2021 growth of non-cash transactions is transforming Malaysia into one of the most developed payments markets in the region.

April 12, 2022

Fraud Spike In The Netherlands

Payments fraud has increased in the Netherlands as the banking sector says that it is doing more than ever to prevent it.

April 12, 2022

Zelle Mulls POS Offering

By bringing the Zelle app to the checkout counter, big US banks could cannibalise much of their card issuing revenue; however, the expansion to merchants is a natural next-step building on the success of its peer-to-peer (P2P) services.

April 12, 2022

Russia Wants BRICS To Integrate Payments Systems

Russia has called on the fellow BRICS countries — Brazil, Russia, India, China and South Africa — to extend the use of national currencies and integrate payment systems.

April 12, 2022

Spanish Overhauls Must Settle Before Market Reopens, Says Regulator

A Spanish decree that will ban “intensive” gamblers from using credit cards is imminent, with the nation’s regulator revealing that applications for online licences will not reopen until the market has had time to react to the wave of new rules.

April 12, 2022

Illegal Online Gambling 'Tsunami' Threatening Casinos, Says ECA

Land-based casinos have been “through a valley of tears” over the past two years and now a “tsunami” of illegal online gambling is threatening their recovery, according to the head of the European Casino Association (ECA).

April 12, 2022

Esports Betting Launches In U.S., Canada But Licensing Costs Prohibitive To Growth

North America’s first two specialist esports betting platforms launched last week in New Jersey and Ontario, but the structure of the U.S. market and an intense marketing environment means neither operator is expecting to quickly expand across the dozen-plus states that expressly permit esports wagering.

April 12, 2022

NFTs, Crypto Carry Gambling Risks Without Oversight, Regulator Says

A growing challenge for regulators is that non-fungible tokens (NFTs) and cryptocurrency trades carry many of the same risks as gambling, but are not regulated as such, the chief executive of the UK’s Gambling Commission has said.