Insights Archive

March 13, 2025

PSR Chief Supports Online Platform Fraud Liability 'In Principle'

During a bittersweet hearing with the UK’s Treasury Select Committee, the head of the Payment Systems Regulator (PSR) endorsed the idea of social media platforms playing a bigger role in fraud reimbursement.

March 13, 2025

UK Deregulation Drive Continues As FCA Drops Key Enforcement Plans

Less than 24 hours after the government announced plans to abolish the Payment Systems Regulator, the Financial Conduct Authority (FCA) has withdrawn plans to name and shame companies under investigation, as well as new diversity and inclusion plans.

March 13, 2025

Opinions Vary On Future Of Sweepstakes Gaming

As sweepstakes gaming draws more interest from U.S. lawmakers and regulators, industry leaders predict several paths it could take in the coming months.

March 12, 2025

British Columbia, Alberta Ban U.S. Slots Purchases Amid Escalating Trade War

At least two Canadian provinces have banned the purchase of U.S. gaming machines and other lottery technologies in response to the escalating trade tensions with their southern neighbor.

March 12, 2025

Olympic Casino Will Appeal €8.4m Fine, Says Lithuanian Regulator

Olympic Casino Group Baltija has been fined almost €8.4m in Lithuania for not taking sufficient steps to check the source of funds used by a businessman accused of embezzling more than €40m from BaltCap.

March 12, 2025

UK Government To Abolish Payment Systems Regulator In Bid To Cut Red Tape

The UK government will scrap the Payment Systems Regulator under the Prime Minister’s "Plan for Change" to cut red tape and simplify financial regulation.

March 12, 2025

US Senate Republicans Want To Remove 'Reputational Risk' From Federal Banking Regulation

A group of Republican senators has introduced a new bill that aims to abolish the concept of "reputational risk" in the supervision of federally-regulated financial institutions.

March 12, 2025

Daily Dash: Tether, Circle Win New Approvals From Thai SEC

Thailand’s Securities and Exchange Commission (SEC) has announced that Circle’s USDC and Tether’s USDT have become the first stablecoins to be approved for investment purposes.

March 12, 2025

Riksbank Raises Alarm Over Payment Resiliency As Global Uncertainty Takes Hold

The resilience of Sweden’s payment system is under pressure due to global instability, and urgent measures are needed to ensure people can still pay for essential goods during crises, according to the Riksbank’s latest Payments Report.

March 12, 2025

FCA And ICO Address AI Regulatory Uncertainty In Dear CEO Letter

The UK’s Financial Conduct Authority (FCA) and Information Commissioner’s Office (ICO) have jointly issued a "Dear CEO" letter to trade association leaders, responding to regulatory uncertainty surrounding artificial intelligence (AI) in financial services.

March 12, 2025

Dutch Regulator Wants New Powers To Tackle Tip Sites

The Netherlands Gambling Authority (KSA) has said it does not have the legal standing to take action against a betting tips website, but fears it may be breaching the spirit of gambling advertising rules.

March 12, 2025

Brazil Tax Tsar Stokes Back-Tax Fears

Brazil’s federal tax authority is expecting newly licensed online betting operators to voluntarily resolve past tax liabilities based on their activities in the formerly unregulated market, according to the agency’s chief official.

March 11, 2025

Fixed-Odds No Panacea For U.S. Horseracing

New Jersey is one of only two states in which fixed-odds betting on horseracing is available, but gamblers have been slow to embrace the bet type ever since the first fixed-odds wagers were accepted three years ago at Monmouth Park Racetrack.

March 11, 2025

MLB Raises Integrity Concerns About Prediction Markets

Major League Baseball (MLB) has become the first U.S. sports league to step into the debate surrounding sports prediction markets, expressing concerns that federal regulations on financial trading could prohibit information sharing and threaten game integrity.

March 11, 2025

US Introduces Strategic Bitcoin Reserve, Clarifies Rules On Crypto Activity

Alongside an executive order creating a Strategic Bitcoin Reserve, the Office of the Comptroller of the Currency has issued new guidance on the crypto-asset activities permissible in the federal banking system.

March 11, 2025

Australia Hits Least-Cost Routing Milestone With Google Wallet Entry

Merchants in Australia are set to benefit from significant potential savings following the launch of least-cost routing for Google Wallet transactions.

March 11, 2025

Brazilian Central Bank's New Measures Part Of Ongoing Project To Bolster Pix Security

The Central Bank of Brazil has introduced new security measures for Pix, the country’s instant payments system, aiming to prevent fraud and enhance compliance.

March 11, 2025

Indian Gaming Bodies Impose Mandatory Code Of Ethics

The three peak bodies for India’s online skill gaming industry have jointly instituted a mandatory code of ethics for their members, the latest move by the industry to exercise de facto self-regulation of real-money gaming.

March 10, 2025

European Commission Still Ruminating On Bill 55

In the wake of its deployment to block player refund claims, and despite months of silence, the European Commission insists it is still working on a response to Malta’s so-called Bill 55.

March 10, 2025

Nevada Regulators Seek To Raise Fines, Maintain Authority Over Former Licensees

The chairman of the Nevada Gaming Control Board is advocating for legislation to codify long-standing practices of regulators pursuing disciplinary action and tax collections even when individuals surrender their gaming license or leave their job with a licensed gaming company.

March 10, 2025

Daily Dash: North Macedonia And Moldova Join SEPA Payment Schemes

The European Payments Council has approved the inclusion of North Macedonia and Moldova in the geographical scope of the Single Euro Payments Area (SEPA) payment schemes.