Insights Archive

November 22, 2023

Japan Charges Online Gambling Middle-Man With Organised Crime Offence

Japanese police are prosecuting online gambling activity with full force for the first time, re-arresting a payments executive on organised crime charges, while charging a second executive and probing five alleged collaborators and 21 customers.

November 22, 2023

Senate Bill Requires Brazilian Investment In Online Operators

A key senator has released an updated version of legislation to regulate online betting and casino games in Brazil, with a six-month transition period now proposed for offshore operators who could only obtain a licence if they have local investment partners.

November 21, 2023

Florida Fantasy Sports Battle Continues

Pick’em-style fantasy sports operators continue to operate in Florida more than two months after the state gaming regulator sent at least three prominent operators letters ordering them to cease offering contests in the state.

November 21, 2023

Ethical Use Of Artificial Intelligence Critical In U.S. Gaming Industry

Artificial intelligence can be used in a variety of ways to improve the gaming experience, from developing new, more challenging games to creating a more immersive experience, but its ethical use is still a subject of concern, according to researchers.

November 21, 2023

New Ukraine Bill Draws Allegations Of Rule-Bending For Lotteries

Ukraine’s parliament is debating draft Bill 10101, which some claim could allow national lottery operators to run casinos, bookmaking and slot operations at significantly lower costs than those imposed by the current licensing system.

November 21, 2023

Swedish Trade Associations Split Over Proposed Money Laundering Fine Changes

The Swedish government's plans to make gambling firms face the same maximum fines for money laundering law breaches as they do for gambling fines has split the opinion of local trade groups.

November 21, 2023

US Regulator Hits Kraken With Compliance Failure Claims

The US Securities and Exchange Commission has charged crypto exchange Kraken over a range of compliance violations dating back to 2018.

November 21, 2023

Huge Cut To Visa Debit Interchange Shakes Up Payments Market In Australia

A 90 percent cut to Visa Debit interchange fees on certain transactions in Australia has issuers and acquirers scrambling to reposition themselves in a rapidly changing market.

November 21, 2023

Daily Dash: Los Angeles Bans Merchants From Going Cashless

Lawmakers in Los Angeles have unanimously rejected the move towards a cashless city, the CEO of Epic Games has labelled Google "crooked", and new research has found that Australians are cutting back on subscriptions.

November 21, 2023

Lithuania Urges Payment Firms To Strengthen ICT Capabilities

Lithuania’s central bank has warned e-money and payment institutions over how they manage third-party information and communication technologies (ICT) risks, pushing for stronger supervision.

November 20, 2023

Ohio Grants Six-Month Sports Betting Use It Or Lose License Extension

Mobile and retail sports-betting licensees that have yet to launch in Ohio will get a six-month extension after gaming regulators approved a waiver for more than a dozen licensees.

November 20, 2023

Florida Supreme Court Denies Request To Halt Seminole Sports Betting

The Florida Supreme Court has unanimously denied a request to require the Seminole Tribe to suspend online sports betting while the court determines the fate of wagering in the state.

November 20, 2023

Daily Dash: Singapore QR Code Tie-Up With Indonesia Goes Live

Singapore has launched its QR code linkage with Indonesia, Mastercard has unveiled a CBDC-backed debit card in Kazakhstan, and Hong Kong has moved ahead with a pilot using multiple credit reference agencies.

November 20, 2023

Singapore Publishes Further Requirements For COSMIC Data Sharing

The Monetary Authority of Singapore has opened a new consultation on requirements for financial institutions using COSMIC, a platform designed to prevent money laundering and terrorist financing.

November 20, 2023

Belgian Operators Agree Voluntary Care Code

The six members of the Belgian Association of Gaming Operators have agreed to abide by a new voluntary duty of care requirement.

November 17, 2023

Maryland Senator Says iGaming Needed To Plug Budget Deficit

Democratic state Senator Ron Watson has said a new study submitted to the Maryland General Assembly makes it clear the state would benefit financially from a regulated online gaming market, although projected revenues are not enough to close an anticipated budget deficit.

November 17, 2023

News In Brief: November 13-November 17, 2023

UK Gambling Commission to launch a second round of consultations in "coming weeks", Dutch TOTO loses legal fight over technical error payout and the California Nations Indian Gaming Association votes against two sports-betting proposals.

November 17, 2023

Gambling Among British Children Declining, Says Report

Far fewer children and young people gambled in England, Scotland and Wales over the past 12 months than last year, according to the Gambling Commission’s latest report.

November 17, 2023

Week In Crypto: New York Strengthens Token Listing Rules In New Guidance

New York tightens up its coin listing and delisting rules, US lawmakers request a full accounting of Hamas crypto wallets, and LUNA creator Do Kwon sees his Montenegro prison sentence upheld.

November 17, 2023

MEP Wants Payment Services Regulation To Hold Social Media Firms Accountable For Fraud

A member of the European Parliament (MEP) is seeking amendments to the Payment Services Regulation, requiring stricter oversight for social media firms and others to crack down on payments fraud.

November 17, 2023

Daily Dash: Wholesale CBDC To Go Live In Singapore In 2024

Singapore has confirmed that it will launch a "live" wholesale central bank digital currency (CBDC) in 2024, Commerzbank has become the first bank in Germany to obtain a crypto custody licence, and Czechia has launched a new mobile payments platform.