Insights Archive

November 1, 2021

Google Ad Fine Cancelled By Italian Court

An Italian court has cleared tech giant Google of violating Italy’s ban on gambling advertising.

November 1, 2021

California Tribes Oppose Online Sports Betting Ballot Measure

Two powerful groups representing California Indian tribes have come out in opposition to the ballot initiative to authorize online sports betting being proposed by FanDuel, DraftKings and other major U.S. operators, despite several provisions that were designed to attract tribal support.

November 1, 2021

Will The Ghost Of Sheldon Adelson Haunt U.S. Internet Gaming Industry?

Sheldon Adelson may be gone but his enduring influence as an opponent of internet gambling could not be denied during last week’s East Coast Gaming Congress in Atlantic City.

November 1, 2021

Personnel Moves - October 2021

Pontus Lindwall survives at Betsson, the Nevada Gaming Commission fills two panel slots and a Philippine gambling exec resigns to run for mayor.

October 29, 2021

U.S. Working On ’Unique’ Open Banking Rules

The U.S. is looking at the United Kingdom to learn about open banking, but it is working on a solution that is tailored uniquely to the needs of U.S. consumers, the head of the open banking rulemaking agency told Congress.

October 29, 2021

Week In Brief - October 29, 2021

A short roundup of some of the week's payments news you may have missed.

October 29, 2021

Visa Results Soar Past Pre-COVID Levels Despite Cross-Border Lull

Visa’s 2021 annual results show a significant increase in 2020 as revenues and payment volumes bounce back to above pre-COVID levels. Full-year net revenues increased 10 percent to $24.1bn, while payments volume (on a constant dollar basis) increased 16 percent to more than $10trn.

October 29, 2021

Is The End Nigh For 90-Day SCA?

The European Banking Authority has launched a public consultation on the amendment of its regulatory technical standards on strong customer authentication and secure communication regarding the 90-day exemption — a notorious bugbear in the revised Payment Services Directive (PSD2).

October 29, 2021

Dutch Self-Exclusion Programme Delayed Almost Three Weeks

The Dutch central self-exclusion programme, CRUKS, was not in full operation until October 20, nearly three weeks after the opening of the licensed online gambling market, according to a government minister.

October 29, 2021

Caesars Expects To Replicate D.C. Success In More Non-Traditional Venues

The successful development of a non-traditional sportsbook inside Capital One Arena in downtown Washington, D.C., has forever changed the relationship between sports leagues, franchises and bookmakers, according to an executive with operator Caesars Entertainment.

October 29, 2021

Illinois Legislature Approves Sunset Date for In-Person Registration

Illinois’ requirement for players to register in person for a mobile sports-betting account will end in time for the NCAA Men’s Basketball Tournament in March, following a last-minute push by the state legislature Thursday.

October 29, 2021

Puerto Rico Preparing For Sports Betting By Super Bowl

Puerto Rico will start accepting sports-betting license applications as soon as next month with the aim of seeing operators go live by Super Bowl weekend in February, according to the island’s chief gaming regulator.

October 29, 2021

News In Brief: October 25-October 29, 2021

Sweden's gambling restrictions set to end for now, the Seminole Tribe ties up pre-launch sports-betting deals and Crown Resorts settles its costly China law suit.

October 28, 2021

Spain Rolls Out Register For Virtual Asset Service Providers

The Bank of Spain has released details of its register for virtual asset service providers, requiring all businesses that provide virtual currency services in the country to register with the central bank.

October 28, 2021

PSR Set To Introduce New ATM Rules

The UK’s Payment Systems Regulator (PSR) has launched a consultation on new rules for LINK, the free cash machine network.

October 28, 2021

Klarna And Stripe Announce Strategic Partnership

Klarna and Stripe, the two highest valued fintechs in the world, have announced a strategic partnership that will bring Klarna’s buy now, pay later product closer to consumers in 20 countries and enable Stripe to offer more competitive solutions to merchants.

October 28, 2021

Rishi’s Budget Divides Opinion Among UK Finance Industry

Although the UK’s largest financial institutions are winners from the UK Chancellor’s budget announcement on Wednesday, others are concerned that it undermines the country’s burgeoning fintech sector.

October 28, 2021

Remote Registration On Agenda In Illinois Session's Final Days

With an Illinois legislative session set to end on Thursday, an 11th-hour proposal has been put forward to end the state’s cumbersome in-person registration requirement for mobile sports-betting accounts.

October 28, 2021

Ukraine To Pick New Chief Regulator

Ukraine’s gambling regulator is preparing to choose who will lead it into the next four years, as parliament works to settle disputes over the process and finally deal with long-running tax problems.

October 28, 2021

Brazil Ready To Show Its Hand On Sports-Betting Regulations

Brazil will definitely launch its regulated sports-betting market before next year’s FIFA World Cup, with details of the regulatory process set to be revealed very soon, a key government official said on Tuesday.

October 28, 2021

UK Criminal Justice Oblivious To Problem Gambling, Says Charity

The UK must do more to address the impacts of crime related to problem gambling, according to a UK prison reform charity.