Insights Archive

October 2, 2023

German Regulator Consults On 'Welcome' Payments Institution Guidance

Germany’s Federal Financial Supervisory Authority (BaFin) is consulting on its first-ever guidance for payments and e-money institutions, with a focus on risk management.

October 2, 2023

India Suspends Online Self-Regulation As Tax Attack Mounts

India has dealt a new blow to the online gaming industry by suspending its industry self-regulation initiative mere months after announcing it, amid disagreement between government departments over industry policy.

October 2, 2023

Bidding War For One Of Italy's Biggest Operators

Flutter Entertainment and Playtech, which trades under the consumer-facing brand Snaitech, have reportedly lodged separate bids to acquire PlanetWin's parent company, SKS365.

September 29, 2023

Chile Commission Approves 12-Month Blackout For Offshore Operators

The economy commission in Chile’s Chamber of Deputies has approved legislative provisions that would prevent grey-market operators from applying for an online licence for 12 months, although members will vote next week on a transition article that will provide a way for said operators to be licensed without waiting.

September 29, 2023

MGM, Caesars Cyberattacks Alert Regulators To Cyber Risk

The cyberattack that crippled MGM Resorts International’s casino systems in eight states this month has helped spur commercial and tribal gaming regulators to identify cyber vulnerabilities in the casino industry.

September 29, 2023

News In Brief: September 25-September 29, 2023

MGM Resorts can finally proceed with construction of its Osaka integrated resort (IR) after completing formalities with Osaka’s two governments.

September 29, 2023

Week In Crypto: Binance Sells Russian Business To Unknown Company

Binance offloads its Russian business, Tether admits to issuing unbacked stablecoins, and a US regulator sanctions an Ethereum wallet linked to a Mexican drug cartel.

September 29, 2023

Apple Quietly Launches Open Banking Feature In UK

The bigtech company will now allow users to view their bank balances in their Apple Wallet — a move payments insiders have welcomed.

September 29, 2023

PSR Says APP Fraud Rules Should Apply To PSPs

The UK Payment Systems Regulator (PSR) has proposed that its incoming authorised push payments (APP) fraud reimbursement rules should apply to payment service providers (PSPs).

September 29, 2023

Daily Dash: ECB Hints At ChatGPT Adoption

The European Central Bank (ECB) has identified use cases for AI in its operations, Indonesia has banned e-commerce transactions on social media platforms, and Tempo France has launched a new blockchain-based remittance between the EU and Brazil.

September 29, 2023

Dutch Government Adviser Backs Central Loss Limit Database

An addictions advisor to the Dutch government has recommended the Netherlands consider a central database to enforce mandatory loss limits across the entire gambling market.

September 29, 2023

Nevada’s Top Regulator Seeks Revolution In Technology Oversight

The new chairman of the Nevada Gaming Control Board is advocating sweeping changes that would streamline approvals for gambling technology innovations.

September 28, 2023

North Carolina Still Set To Launch Digital Lottery Games

North Carolina Lottery officials say they will continue with a plan to launch digital instant games in November, despite a new state law that limits the games the lottery can offer.

September 28, 2023

UK Gambling Industry Divided Over White Paper Impacts

Excitement, caution and trepidation are gripping the UK gambling industry as operators attempt to predict the impacts of the ongoing Gambling Act review.

September 28, 2023

Curaçao Minister Says Gambling Reforms Could Avert Grey Listing

Curaçao’s finance minister says the “worrying” possibility of a Financial Action Task Force (FATF) grey-listing next year over money-laundering risk has helped spur an overhaul of online gambling legislation.

September 28, 2023

Polish Monopoly Operator Wants More Blocking, Tax On GGR

Poland’s state-owned gambling operator says regulated play could top 80 percent of the national market if regulators have extra powers to fight the black market, and if gambling tax applies to gross gaming revenue (GGR).

September 28, 2023

ISO 20022 Migration A ‘Huge Success’, But Many Firms Are Yet To Be Persuaded

After the launch of ISO 20022 for cross-border payments and reporting (CBPR+) in March this year, payment market infrastructures are moving to the new standard — but firms are yet to see its potential.

September 28, 2023

Daily Dash: The Spy Who Fled Germany

A fugitive former Wirecard executive has been accused of spying for Russia, EU financial regulators have released a report on critical ICT providers ahead of the Digital Operational Resilience Act, and US regulators have filed an anti-competition lawsuit against Amazon.

September 28, 2023

Thai Deputy Prime Minister Backs Online Gambling

Thailand’s deputy leader has announced his support for legalisation of online gambling following raids on the homes of senior police accused of running gambling websites.

September 27, 2023

Seminole Sports-Betting Dispute In D.C. Spreads To Florida Supreme Court

Still struggling with its case in a federal appeals court in Washington, D.C., a Miami-based pari-mutuel business is turning to the Florida Supreme Court to derail a tribal gaming compact that would re-launch sports betting in the Sunshine State.

September 27, 2023

Czech 2024 Gambling Amendments Yet To Be Finalised

The Czech gambling industry is nervously awaiting the final text of new regulations due to take effect at the start of 2024, with the promise of legal live dealer games as the most industry-friendly of a mixed bag of changes.