Insights Archive

March 26, 2025

India GST Enforcer Arrests Three, Freezes Accounts, Blocks Sites

India’s goods and services tax (GST) authority has announced measures against hundreds of online gambling operators and frozen $14m in associated mule accounts.

March 25, 2025

Illinois Gaming Regulator, Lawmaker At Odds Over VGT Bill

A bill to regulate sales agents and brokers in Illinois' multibillion-dollar video gaming terminal industry is pitting state gaming regulators against the powerful Democratic legislator who authored the measure.

March 25, 2025

Brazil Regulator Shifts Enforcement Focus To Payments

Brazil’s federal gambling regulator is shifting its enforcement focus from web-blocking to financial transactions as it seeks to ring-fence the newly licensed online betting market from offshore competition.

March 25, 2025

B2B Licensing 'Not Envisaged' In First Phase, Ireland's Regulator Says

Supplier or business-to-business (B2B) licensing is “not envisaged” to be among “the first phases” of Ireland’s plan to roll out different licence types, according to the Gambling Regulatory Authority of Ireland.

March 25, 2025

Brazil Regulator Shifts Enforcement Focus To Payments

March 25, 2025

FinCEN Publishes Revised Beneficial Ownership Rules With Far Narrower Scope

The US Corporate Transparency Act is set to undergo another transformation under the Trump administration, with US companies and persons exempted from its beneficial ownership reporting requirements.

March 25, 2025

'Notorious' Crypto Mixer Tornado Cash No Longer Sanctioned By US Government

In line with a court order issued last November, the US Treasury has removed its sanctions on Tornado Cash, a virtual currency mixer it once described as "notorious".

March 25, 2025

Swiss Politician Pushes For Fintech Policy Overhaul

A Swiss parliamentarian has warned that Swiss fintech policy risks backsliding, and called for enhancements to enable growth for both payments and crypto companies and technology.

March 24, 2025

Canada Amends AML/CTF Framework Ahead Of FATF Evaluation

A suite of new amendments to the country’s anti-money laundering and counter-terrorism financing (AML/CTF) framework is set to come into force in October 2025.

March 24, 2025

Saudi Arabia Prepares Launch Of New Beneficial Ownership Reporting Rules

The Gulf State is set to launch a “radical” overhaul of its company registration system, aiming to enhance corporate transparency and align with international standards.

March 24, 2025

Sweden Proposes Tightening Payment System Rules, A Week After Riksbank Security Warnings

The Swedish government has introduced a new legislative proposal aimed at strengthening measures against financial crime by enhancing the oversight of the country's payment system.

March 24, 2025

Digital Euro Debate Rages As ECB Uses Geopolitics As Justification

The European Central Bank (ECB) has continued to defend its digital euro plans, which are still not winning hearts and minds in the European payments industry.

March 24, 2025

Maryland Set For Lower Tax Increase On Sports Betting

Maryland Governor Wes Moore’s proposal to double the tax rate on sports betting to help close a multibillion-dollar budget deficit has been pared back, but some local industry executives believe tax increases could be revisited in the future.

March 24, 2025

As South African Gambling Bills Await Next Steps, Gauteng Province Vows To Create Its Own Tax

South Africa’s landmark gambling bills are awaiting their next steps, but one province says it now plans to tax online gambling itself.

March 24, 2025

Japan Probes Affiliates In Endgame Attack On Online Gambling

Japan is going all out to combat its massive underground online gambling market by ordering police to probe gambling affiliates nationwide among a slew of new initiatives, confirming a total government assault on the lucrative ecosystem.

March 21, 2025

No One Has Applied For A Licence In Hungary

The head of Hungary’s regulator has said that it has not issued any of its new look post-2023 licences to foreign online gambling companies because no one has asked for one.

March 21, 2025

Singapore Issues Multi-Agency Advisory On AI, Deepfake Scams

Authorities in Singapore have urged firms to introduce technology-based solutions to prevent the spread of AI-generated deepfake content that may be used to scam their employees.

March 21, 2025

Week In Crypto: Ripple Welcomes ‘Long Overdue’ Victory Over US SEC

Ripple Labs has become the latest crypto defendant to benefit from a Trump-era U-turn on the application of federal securities laws to crypto-assets.

March 21, 2025

Daily Dash: India Approves Incentive Scheme To Bolster Digital Payments At The Checkout

The Indian government has approved an INR1,500 crore ($180m) incentive scheme to promote small-value, digital payments via the country’s wildly successful Unified Payments Interface (UPI) app.

March 21, 2025

Fraud Driving New Age Of Organised Crime, Europol Warns

Fraud in the payments space is fast becoming the new go-to method for organised crime in the EU, the bloc’s policing agency has warned in a new threat assessment.

March 21, 2025

Robinhood Launch May Be A Game Changer For Sports Event Contracts

The arrival of Robinhood into the nascent sports event contracts market brings a competitor with brand recognition and a customer database that rivals, and perhaps surpasses, even the biggest U.S. sports-betting operators.