Insights Archive

November 10, 2023

California Sports-Betting Ballot Initiatives Unlikely Before 2026

Proposals to put two sports-betting initiatives on the California ballot next year have been quickly dismissed by tribal gaming representatives who insist that voters are not ready to revisit the issue after overwhelmingly defeating measures last year to legalize online and retail wagering.

November 10, 2023

PointsBet Fined In Ontario For Responsible Gambling Violations

Ontario’s gaming regulator has fined a second online operator this year for failing to meet the province’s responsible gambling requirements.

November 10, 2023

News In Brief: November 6-November 10, 2023

Ohio softens its proposed promotional bonus limits, MGM secures Culinary Union contract and betting rules for U.S. college athletes refined.

November 10, 2023

Court Throws Out Tamil Nadu's Online Skill Gaming Ban, Again

The Madras High Court has blocked a Tamil Nadu government ban on online skill gaming with stakes for a second time, ruling that the state authorities “miserably” failed to demonstrate that online versions of rummy and poker are not skill games.

November 9, 2023

Spanish Fines Exceeded €70m In First Half Of 2023

Spain’s gambling regulator has fined operators more than €71m in the first half of 2023 and while big penalties were reserved for the black market, licensed companies including Codere, William Hill and Entain units have also received fines this year.

November 9, 2023

Card Issuer Settles With OFAC Over Sanctions Violations

The US Office of Foreign Assets Control (OFAC) has reached a settlement with daVinci Payments over sanctions violations.

November 9, 2023

US Consumer Financial Protection Bureau Seeks Supervision Over Bigtech Digital Wallets

The US Consumer Financial Protection Bureau (CFPB) has filed a new rulemaking proposal that would subject large digital wallet operators, such as Apple and Google, to examiner oversight for the first time.

November 9, 2023

‘Historic’ EU Instant Payments Deal Reached

The European Parliament and the Council of the European Union have reached an agreement on the instant payments regulation — including an amendment to allow payments and e-money institutions access to payment systems.

November 9, 2023

Daily Dash: Caribbean Nations Join Pan-African Payment And Settlement System

Caribbean nations have committed to strengthening intra-regional payment ties with Africa, Russia and Myanmar have moved towards an interbank agreement to bypass sanctions, and Ripple has launched a new cross-border solution in Africa.

November 9, 2023

US Treasury Outlines Stricter Rules To Address Nonbank Risk

The US Treasury has finalised guidance that makes it easier for financial regulators to impose higher prudential standards on nonbank financial institutions — a move labelled as “disappointing” by one market player.

November 9, 2023

Australian Senator Calls On Government To Be Bold, Ban Gambling Ads

An Australian senator has reiterated calls to ban gambling advertising in the country, saying that people are expecting the government to enact “bold” reforms.

November 9, 2023

Denmark Proposes To Give Regulator New Sanctions Power

Denmark’s tax ministry is circulating proposed amendments to the country’s gambling laws that would give the Danish Gambling Authority power to issue injunctions and prosecute violations of gambling law.

November 9, 2023

North Carolina Regulator Releases Second Rules Package

North Carolina’s latest round of draft regulations for mobile sports betting includes provisions that are inspired by the recent actions of other states, such as limitations on advertising on college campuses and bonus promotional language.

November 8, 2023

Germany Must Take Action Against Illegal Operators, Says Addiction Commissioner

Germany’s gambling regulator has held a meeting with the federal government's addiction and drug commissioner, Burkhard Blienert, to discuss online gambling player protection measures and regulatory challenges posed by the black market.

November 8, 2023

UK Set To Regulate Crypto-Assets As ‘Investments’ From 2024

UK regulators are looking to 2024 as a pivotal year for crypto, with the asset class set to be brought within existing financial service regulations for the first time.

November 8, 2023

Daily Dash: Thailand, Hong Kong QR Code Linkage Launch Date Confirmed

Another bilateral instant payments linkage is set to go live in Southeast Asia, and the UK has sentenced an organised crime gang that defrauded bank customers of over £1m.

November 8, 2023

Seminole Tribe Relaunches Mobile Sports Betting In Florida

Online sports betting returned to Florida with no advance warning on Tuesday, after the Seminole Tribe’s Hard Rock Bet app began accepting limited deposits and wagers for the first time in two years.

November 8, 2023

Regulator Doubts Linger Over ESPN Massachusetts Launch

Massachusetts gaming regulators will allow ESPN Bet to launch in the state next week, but commissioners continue to voice concerns over potential sportsbook integrations with ESPN programming.

November 8, 2023

Virginia Voters Reject Expanded Gambling Proposals

Voters in the cities of Richmond and Manassas Park have rejected two local referendums to expand Virginia’s gaming market through a new casino-resort and major historic horseracing facility.

November 8, 2023

Brazil iGaming In Jeopardy After Romário Amendment

One of two senators charged with steering an online gambling bill through Brazil’s Senate has released an updated version limiting the scope of regulation to betting on sports events and deleting provisions for online casino games.

November 7, 2023

Gaming Tribes In U.S. Face Legal Challenges, Commercial Encroachment

U.S. Supreme Court Justice Brett Kavanaugh’s recent comments that the Seminole Tribe’s compact in Florida may have violated the equal protection clause in the 14th Amendment of the U.S. Constitution is a warning to tribes not to be complacent, a prominent tribal gaming attorney has said.