Insights Archive

February 21, 2025

Daily Dash: Colombia Becomes Latest Country To Implement AI Framework

Colombia has followed jurisdictions such as its neighbour Chile and the EU in implementing a new policy framework for artificial intelligence (AI).

February 21, 2025

News In Brief: February 17-February 21, 2025

A leading U.S. sweepstakes casino shuts down in five states and Entain loses Australasia executives amid ongoing regulatory probe.

February 20, 2025

Nevada Regulators Seek To Streamline Casino Game Approvals

With about four months left before he steps down as chair of the Nevada Gaming Control Board, Kirk Hendrick is lobbying state lawmakers to approve a bill to allow the control board to administratively approve new casino games without waiting for further sign-off from the Nevada Gaming Commission.

February 20, 2025

Brazil Opens Consultation On Esports Betting

Brazil’s Ministry of Sports has launched a public consultation on the range of esports that may be subject to fixed-odds betting.

February 20, 2025

Romania Fee Changes Causing Some Smaller Operators To Withdraw From The Market

There has been a host of licence cancellations in Romania following the introduction of new financial guarantee requirements at the start of the year, as the country continues to ramp up pressure on the gambling industry.

February 20, 2025

Singapore Issues Warning Over New Phishing Scam Targeting Apple Pay

Authorities in Singapore have issued a joint warning against a new type of phishing scam that targets Apple Pay users when shopping online.

February 20, 2025

Competition Issues Flagged As FCA And PSR Publish Digital Wallets Report

In response to Competition and Markets Authority investigations into Apple and Google, the UK regulators have released a joint feedback statement assessing the growing use of digital wallets and their impact on consumers and businesses.

February 20, 2025

Brazil Consults On Company Name Clampdown

The Banco Central do Brazil has launched a public consultation that could see new rules overhaul the regulation of trade names, in a bid to improve consumer protection, including for payments products.

February 19, 2025

Swedish Trade Group Petitions For Gambling Amendment

The Swedish Trade Association for Online Gambling has written a letter to the Ministry of Finance to ask them to amend the Gambling Act to close a loophole that allows unlicensed operators and suppliers to accept Swedish customers.

February 19, 2025

Dutch Government Seeks To Protect Society From Gambling Harm In Policy Overhaul

The Netherlands will raise the minimum age of some gambling to 21, step up its fight against illegal websites and introduce shared-operator affordability, a senior minister has announced.

February 19, 2025

Australia: Merchant Fees Rise As Government Vows To Tackle Surcharging

New data from the Reserve Bank of Australia indicates that merchant fees rose sharply towards the end of 2024 — a finding that could become a key factor in the country’s showdown over surcharging.

February 19, 2025

Latvia's New Guidelines On Fraud Prevention Aim To Strengthen Risk Management

Public-private collaboration in the financial services space has paved the way for a new set of guidelines from Latvia’s financial watchdog that emphasise issues such as prevention and complaints handling.

February 19, 2025

Hungarian National Bank Fines K&H Bank HUF19m Over Failure To Comply With Open Banking Rules

The KBC-owned Hungarian bank has been hit with a financial penalty from the Magyar Nemzeti Bank (MNB), the country's central bank, over its lack of compliance with the EU’s revised Payment Services Directive (PSD2) requirements for data access.

February 19, 2025

Daily Dash: ESAs Unveil Roadmap For Critical ICT Third-Party Oversight Under DORA

The European supervisory authorities (EBA, EIOPA and ESMA) have published their roadmap for designating critical ICT third-party service providers under the Digital Operational Resilience Act (DORA).

February 19, 2025

India's Gaming Groups Sign MOU To Combat Illegal Ads

The standards overseer for India’s advertising industry has signed a memorandum of understanding (MOU) with three gaming trade groups to strike back against illegal gambling promotions by foreign and local operators.

February 18, 2025

Colombia Publishes VAT Decree, With Five-Day Implementation Period

The Colombian government has published a decree to temporarily impose a 19 percent value-added tax on online gaming to raise funds for the disaster in the Catatumbo region.

February 18, 2025

Norsk Tipping Faces €3m Self-Exclusion Fine

Norway's gambling monopoly Norsk Tipping could be fined as much as 36m krone (€3m) for a four-month black hole in its self-exclusion service.

February 18, 2025

U.S. Operators Fighting Tax Battle On Several Fronts

Leading U.S. operators are going to the mattresses for a multi-state fight against proposals to increase taxes on mobile sports betting.

February 18, 2025

New Zealand's Streamlined AML/CFT Act Completes First Reading

A new bill that aims to reduce the compliance burden of anti-money laundering (AML) reporting entities has had its first reading in parliament, where it looks set to pass with cross-party support.

February 18, 2025

Stablecoins Need Consistent Regulation To Unlock 'Full Potential', Says Fed Governor

A member of the Federal Reserve Board of Governors has warned that inconsistent stablecoin regulations could result in fragmentation, both domestically and internationally, that may undermine the benefits of the technology.

February 18, 2025

Daily Dash: Federal Reserve Delays ISO 20022 Implementation Until Summer

The US Federal Reserve has postponed the planned implementation of the ISO 20022 message format for the Fedwire® Funds Service from March 10 to July 14, 2025, with a final "go" or "no go" decision to be announced by June 27.