Insights Archive

December 19, 2023

Daily Dash: UK's Payment Systems Regulator Appoints New Head Of Strategy

The Payment Systems Regulator has appointed a new head of strategy from the transport industry, Ukraine has set its sights on joining SEPA in 2024, and TNG (Asia) has received an anti-money laundering fine in Hong Kong.

December 19, 2023

US CFPB Open Banking Rule A Good First Step, But Needs More Work

The Consumer Financial Protection Bureau’s (CFPB) open banking proposal cemented the first regulatory step in the US — but experts believe there is still a long way to go.

December 19, 2023

Malta Regulator Selects Incoming CEO To 'Steer The Authority Forward'

The Malta Gaming Authority has announced that Charles Mizzi will replace Carl Brincat as its CEO on January 26, 2024.

December 19, 2023

Polish Football Federation Bans All Players, Officials From Betting On Matches

The Polish Football Federation has released its new disciplinary regulations which forbid federation and club officials, players, managers, referees, and even employees such as medical staff members, from betting on any football matches.

December 19, 2023

Mississippi Online Betting Report Highlights Potential Casino Protections

With mobile sports-betting legislation set to be reconsidered in Mississippi during 2024, key findings from a legislative committee report studying the issue center on protecting the state’s smaller casinos.

December 18, 2023

Daily Dash: New Hampshire Becomes Latest US State To Legislate Against CBDC

New Hampshire legislators have moved to block CBDC, a Russian director of a UK payments firm has resigned following a restriction order, and Yemen has adopted IrisGuard biometric payments.

December 18, 2023

US Senators: Time For Venmo, Cash App To Reimburse Scam Losses

A trio of Democratic senators has called on Venmo and Cash App to start reimbursing customers for losses to scams and offer new tools for easier reporting of fraud.

December 18, 2023

First Wero Transaction Marks EPI Success

The much anticipated European Payments Initiative (EPI) has successfully executed its first instant payment transactions in Europe.

December 18, 2023

Virginia Attorney General Says Pick'Em Games Are Not Fantasy Contests

Virginia’s attorney general issued an official opinion on Friday that pick’em-style games offered by several prominent fantasy contest operators are in fact a form of sports betting, rather than fantasy sports per state law.

December 18, 2023

New Cybersecurity Rules In Force For U.S. Public Companies

New cybersecurity disclosure requirements mandated by the U.S. Securities and Exchange Commission (SEC) are now in effect, requiring public companies including gaming operators and suppliers to disclose cybersecurity incidents, with some exceptions, within four days.

December 18, 2023

Argentina's Santa Fe Senate Passes Online Gambling Bill

The Senate of the Argentine province of Santa Fe has passed an online gambling bill with little fanfare and no changes from the legislation as initially approved by the Chamber of Deputies.

December 18, 2023

UK Gambling Commission Outlines Updated Enforcement Approach

Licensees should expect to be fined 10-15 percent of their UK revenue for the most serious breaches of gambling regulations under proposed changes to enforcement principles that were released for consultation by the UK Gambling Commission on Friday.

December 18, 2023

Australian Regulator Names Operators That Breached User-Generated Code Rules

Australia’s online gambling regulator has found that Entain subsidiaries Ladbrokes and Neds, Flutter subsidiary Sportsbet, and bet365 breached the Interactive Gambling Act 2001 by offering “fast/quick code” facilitators for online in-play betting.

December 15, 2023

Week In Crypto: ‘Opaque’ Tether Flunks New Stablecoin Test From S&P Global

Tether performs poorly in a new stablecoin ranking system, a US senator builds support for a crypto money laundering bill, and the US Securities and Exchange Commission looks to parlay Binance’s guilty pleas into its own lawsuit.

December 15, 2023

Daily Dash: Apple Looks To Dodge EU Antitrust Fine By Opening Up NFC Chip To Rivals

Apple has moved towards opening up its mobile payments platform to rival developers, Fnality’s blockchain-based sterling payment system goes live, and the ECB has invited banks to take part in wholesale CBDC tests.

December 15, 2023

EU Reaches Deal On New AML Authority And Sanctions Enforcement

The European Parliament and Council teams have reached an agreement on a European Anti-Money Laundering Authority (AMLA), and are unified on a political agreement to criminalise the violation of EU sanctions.

December 15, 2023

UK Committee Urges Suspension For Lawmaker In Lobbying Sting

A British parliamentary standards committee has recommended that a member of parliament (MP), Scott Benton, be suspended for giving the impression he was “corrupt and 'for sale'” to a fictitious gambling company.

December 15, 2023

Brazil iGaming In The Balance Ahead Of Chamber of Deputies Vote

Gambling industry experts have expressed disappointment and surprise that virtual casino games were struck from the version of an online betting bill approved by Brazil’s Senate on Tuesday.

December 15, 2023

News In Brief: December 11-December 15, 2023

The British government sanctions nine individuals and five companies implicated in slave labour at Southeast Asian casinos and scam centres.

December 15, 2023

Delaware Lawmakers Set To Debate Mobile Sports Betting In 2024

As lawmakers return to Delaware’s capital in Dover early next month, among the issues on their agenda will be how to move forward with the final recommendations issued by the Internet Sports Lottery Legislative Working Group on the future of online sports betting.

December 15, 2023

DraftKings To Face Massachusetts Hearing For Taking Credit Card Wagers

DraftKings will face a hearing in Massachusetts after the company admitted to accepting over $83,000 in credit card wagers in violation of the state law.