Archived Insights

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Our industry experts regularly spend time with Members of Parliament, the Regulators and industry participants to get to the heart of regulatory issues. We deliver our expert insights across multiple media to ensure timely delivery of information to meet your everyday needs.

From quick blog insights through to industry events, we provide you with the depth and breadth of knowledge needed to help you make the right business decisions, staying compliant and gaining a competitive advantage.

October 6, 2023

MGM Says Cyberattack Will Cost $100m

MGM Resorts International said the recent cyberattack that crippled its casino's systems in eight states will reduce its profits by $100m but will not have a material effect on its financial condition and results of operations for the year.
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October 6, 2023

U.S. Leagues Look To Integrate Gaming Into Broadcasts

Genius Sports has begun rolling out a product it touts as a new low-latency solution to live betting on National Football League (NFL) games, as U.S. sports leagues continue to look for new ways to add gambling elements to game broadcasts.
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October 6, 2023

Myanmar Online Gaming Kingpin Arrested During China Trade Visit

Chinese police have reportedly arrested Liu Zhengxiang, a powerful online gambling mogul based in a Myanmar border zone in Shan state while attending a trade fair in China.
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October 6, 2023

Brazil Online Gambling Bill Begins Senate Scrutiny

The sports committee in Brazil’s Senate has received almost 50 proposed amendments to the sports betting and online gaming bill approved by the lower house of Congress last month, with the suggested changes ranging from eliminating casino games to extending the term of licences from three to five years. 
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October 6, 2023

Irish Study Highlights True Extent Of Problem Gambling 

The problem gambling rate in Ireland is "far higher" than previously estimated, according to a new study that will form part of the Gambling Regulatory Authority of Ireland’s growing “invaluable” evidence base.
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October 6, 2023

Week In Crypto: US Indicts Chinese Firms For Drug Trafficking Using Tether

The US reveals a major sting of suspected Chinese drug traffickers who take payments in crypto, Ripple swerves an appeal from the US Securities and Exchange Commission, and Circle throws Binance a lifeline in court.
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October 6, 2023

Canadian Fintechs Launch Open Banking Campaign To Spark Government Action

Fintech firms in Canada have launched a new campaign to raise awareness of the concept of open banking and to urge the government to move forward.
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October 6, 2023

Daily Dash: UK Competition Watchdog Begins Cloud Probe

The UK’s competition regulator has launched an investigation into cloud services, while Wordline has agreed to purchase the merchant acquiring services of Italian lender Banca del Fucino.
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October 5, 2023

NCAA To Lobby States For Sports-Betting Reforms

The National Collegiate Athletic Association (NCAA) plans to lobby for reforms to sports-betting legislation in various states across the U.S.
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October 5, 2023

Pennsylvania Lawmakers Warned Not To Ban Grey Machines

A Senate committee has held its second hearing in less than a week on the contentious issue of whether or not to regulate and tax thousands of grey-market machines, or so-called “skill games,” found in convenience stores and bars in Pennsylvania.
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October 5, 2023

Fantasy Sports Company Withdraws From Netherlands After Warning

A Malta-based fantasy sports company, Zweeler, said it has stopped offering its product in the Netherlands after it was threatened with a fine of up to €850,000 by the Netherlands Gambling Authority (KSA) for not having a sports-betting licence.
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October 5, 2023

Chilean Committee Rejects Option To Avoid Licensing Blackout

A key committee in Chile’s Chamber of Deputies has rejected proposed language that would have allowed current offshore grey-market operators to avoid a blackout period before applying for a licence when the market is regulated.
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October 5, 2023

MiCA: Breaking New Ground or More of the Same? A Comparative Analysis of Crypto Regimes in Europe and Hong Kong

This regulatory analysis will compare the key provisions of the European Union’s (EU) Markets in Crypto-Assets Regulation (MiCA) with Hong Kong’s guidelines on virtual asset operators, which were both released within ten days of each other in June 2023. It will delve into the history of both regulatory regimes and compare provisions relating to the licensing of crypto-trading platforms — namely onboarding clients, onboarding assets and safeguarding of funds requirements. This comparison will show that crypto regulations across borders have largely taken similar forms, suggesting a possible consensus of concerns among regulators.
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October 5, 2023

EU Plans For Wholesale CBDC Due In Weeks

France’s central bank governor has confirmed that Eurosystem plans for a wholesale central bank digital currency (CBDC) are due within weeks, in the face of controversy regarding the digital euro.
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October 5, 2023

UK Regulator Delays Cross-Border Fees Review

The Payment Systems Regulator has confirmed that it will not publish its card fee review by the end of Q3 2023, and announced a new consultation on its governance.
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October 5, 2023

RBA Scraps Default Routing Ban For Dual-Network Debit Cards, But Embraces Tokenisation

The Reserve Bank of Australia (RBA) will continue to allow card issuers to set a default network on co-badged debit cards and has committed to developing standards on tokenisation.
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October 5, 2023

Daily Dash: Only Way Is Up For FedNow

US reveals growing momentum in FedNow participation, Visa pledges $100m to generative AI ventures, and Apple allows iPhone users to add PayPal or Venmo credit and debit cards to their Apple Wallet.
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October 4, 2023

Streamlined Gaming Reforms Coming To Nevada

The Nevada Gaming Control Board is poised to begin unveiling three categories of regulatory reforms next month to expedite the approval of new gaming products even though the board’s chairman describes one group of reforms as “half-baked.”
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October 4, 2023

New York Commission Bans 'Pick 'Em' Fantasy Contests In New Rules

New York regulators have adopted new rules that will prohibit the state’s licensed fantasy sports operators from offering “pick ’em” style contests that resemble parlay-style betting.
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October 4, 2023

Romania's Prime Minister Threatened Over Proposed Gambling Changes

Romanian Prime Minister Marcel Ciolacu has pledged to move ahead with planned changes to the country’s gambling laws, despite claiming he has received threats from members of the gambling industry. 
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October 4, 2023

Square's Four-Day Outage Sparks Debate On POS Contingency Planning

The payments industry is grappling with the question of point of sale (POS) contingency plans following an outage at Square, with stakeholders sizing up the need for backup systems and processors.
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