Insights Archive

April 19, 2024

Operators Say Skill-Game Machines Threaten Casino Investments

As Republican Governor Glenn Youngkin considers the fate of skill games in Virginia, leading casino executives are urging Youngkin and lawmakers in other states where the terminals have proliferated to either prohibit grey-market machines or tax and regulate them on the same scale as slot machines.

April 19, 2024

Colorado Approves First U.S. Regulations For Betting Exchanges

Colorado regulators have approved rule changes to permit exchange wagering after more than a year of deliberation, making the state the second in the U.S. to allow the activity and the first to adopt specific regulations.

April 19, 2024

Ontario Regulator Bars Wagering On WBA Boxing Fights

Ontario’s gaming regulator has put a halt on wagers on boxing matches sanctioned by the World Boxing Association after suspicious betting patterns and a subsequent review.

April 19, 2024

Brazil Bans Crypto, Credit Card Gambling

Brazil’s Secretariat of Prizes and Bets has published an ordinance governing payments for online betting, a move that suggests it is sticking to a new timeline to introduce a regulated market.

April 19, 2024

Week In Crypto: FCA Seeks Quality, Not Quantity, In Crypto Registrations

The UK's Financial Conduct Authority (FCA) says it will continue to enforce a high bar for crypto registration attempts, Tether plans to expand beyond stablecoins, and a bipartisan US stablecoin bill hits Congress.

April 19, 2024

Exclude Big Tech From Open Finance Framework, MEPs Say

Big tech “gatekeepers” such as Meta and ByteDance should not be eligible to participate in the EU’s future open finance framework, lawmakers have said.

April 19, 2024

Daily Dash: Canada's Real-Time Payments System Not Expected Until 2026

Canada has confirmed that its long-awaited instant payments system will be delayed once again, and New Zealand has opened a new consultation on central bank digital currency.

April 19, 2024

Dutch Court Orders Flutter, Entain To Pay Landmark Player Claims

A court in the Netherlands has ordered Entain and Flutter units to repay around €400,000 to gamblers who bet with them on the grey market, as the spectre of player refund lawsuits creeps further across Europe.

April 19, 2024

News In Brief: April 15-April 19, 2024

Tipico is fined over banned bets in New Jersey, a Star Entertainment executive resigns and PAGCOR appoints a new president.

April 18, 2024

NBA Calls For Bet-Type Restrictions After Lifetime Ban For Player

The National Basketball Association (NBA) has issued a lifetime ban to Toronto Raptors player Jontay Porter for betting-related infractions, the first gambling ban issued by a major U.S. sports league in 35 years.

April 18, 2024

Bavaria Becomes First German State To Offer Online Table Games

Residents and visitors to Bavaria are the first Germans to be able to play roulette or blackjack legally online, as the state-owned Lotto Bayern has become the first licensed operator for table games.

April 18, 2024

Games Global Has New York Stock Exchange IPO In Its Sights

The Isle of Man-headquartered Games Global Limited has filed the paperwork to have an initial public offering (IPO) in the United States as it looks to cement itself as a leading supplier in the North American market.

April 18, 2024

Dutch Parliament Calls For Online Gambling Ad Ban

The “sick” Dutch online gambling market is under renewed political pressure after MPs voted for a motion to ban online gambling advertising.

April 18, 2024

US Senator Condemns 'Outrageous' Lawsuit Against CFPB

A US senator has taken up the cause of the Consumer Financial Protection Bureau (CFPB) in its efforts to uphold a new rule that would drastically reduce credit card late fees.

April 18, 2024

Payments Providers' APP Fraud Obligations Subject To UK Consultation

The UK’s Payment Systems Regulator has opened a new consultation looking at the compliance requirements for payment service providers that come into the scope of its incoming rules on authorised push payment (APP) scams.

April 18, 2024

European PSPs Brace For Instant Payments Regulation

Growing volumes of instant payments in Europe will bring a higher risk of fraud, as the countdown to the Instant Payments Regulation begins this month, an executive at EBA Clearing has said.

April 17, 2024

Connecticut Considers Bets On In-State Colleges As Other States Tighten Rules

While various states are reviewing their laws and regulations to restrict betting on collegiate sports amid lobbying pressure from the National Collegiate Athletic Association, lawmakers in Connecticut are pushing for an expansion of permitted college bets.

April 17, 2024

Italian 'Game Changer' Licensing System Sets Europe's Stiffest Fees

An Italian ban on gambling marketing has not had the dramatic effect some had feared, but the market faces a new challenge from a “game changer” decree that sets what might be the highest online licensing fees in Europe, attorneys have said.

April 17, 2024

Norsk Tipping Says Monopoly Position Strengthened By Legal Changes

Norwegian exclusive rights holder Norsk Tipping has said its latest results reflect the strengthening of its monopoly position as a result of changes introduced in the Norwegian Gambling Act last year.

April 17, 2024

UK Elections Loom Large At Innovate Finance Global Summit

Lawmakers from the UK’s two main political parties competed with each other at a summit at the beginning of this week to lay out the red carpet for fintech companies, ahead of a general election expected by the end of the year.

April 17, 2024

Retail CBDC Unnecessary, Swiss Central Bank Says

The Swiss National Bank has said there is not a valid use case for a retail central bank digital currency (CBDC), setting a different tone from other central banks that are pursuing the technology.