Insights Archive

August 3, 2023

Florida Anti-Gambling Faction Won’t Pursue Supreme Court Appeal

A Florida coalition opposed to the gambling compact between the Seminole Tribe and Republican Governor Ron DeSantis will not appeal to the U.S. Supreme Court, after a Washington, D.C. appeals court ruled the Seminole Tribe can resume online sports betting.

August 2, 2023

After FATF Grey Listing, UAE To Launch New Financial Crime Offices

The United Arab Emirates (UAE) has committed to launching new “federal prosecution entities” that will specialise in bringing financial crimes and money laundering offences to justice.

August 2, 2023

Grass Not Looking Green As Mastercard Bans Cannabis Payments

Cannabis dispensaries in the US are likely to become cash-only, with industry players blaming the SAFE Banking Act for Mastercard’s decision to pull the pin on debit options.

August 2, 2023

Chile Gives Green Light To Cross-Border Card Acquiring

In proposed reforms of card acquiring and sub-acquiring rules, Chile could establish cross-border card acquiring as a legitimate business model and change the reserve calculation rules for closed and semi-closed loop payment schemes.

August 2, 2023

NFL Player Criminally Charged For Sports-Betting Infractions

An NFL player already serving an indefinite suspension and three collegiate athletes are facing criminal charges in Iowa related to sports betting.

August 2, 2023

ICE Moves To Barcelona Due To Lower Costs, Bigger Facility, Clarion Says

The ICE gambling expo will move from London to Barcelona in 2025 due to dramatically lower costs and because the conference is close to outgrowing its London venue, according to organiser Clarion Gaming.

August 2, 2023

Brazil's Sports-Betting Provisional Measure Receives Over 200 Amendments

More than 240 amendments have been submitted to Brazil's Congress to revise the government's emergency legislation to regulate sports betting, with the most notable seeking to restrict advertising, impose a blackout period for offshore operators and even regulate casino games.

August 2, 2023

Churchill Downs Boss Believes Grey Games Are Illegal Slot Machines

Bill Carstanjen, chief executive of Churchill Downs, believes the racing industry, as well as the state and its residents, stand to benefit from Kentucky’s decision to ban thousands of so-called grey-market games that are in hundreds of bars and convenience stores.

August 1, 2023

PayPoint Sued Over Blocking Rival From Entering UK Market

GLOBAL-365 has filed a multi-million-pound lawsuit against over-the-counter payment provider PayPoint claiming it shut out rivals from energy prepayment services.

August 1, 2023

Singapore To Abolish Corporate Cheques By End Of 2025

The Monetary Authority of Singapore has announced that corporate cheques will be phased out by the end of 2025, although individuals will still be able to use cheques beyond that date.

August 1, 2023

Microsoft Launches PayPal BNPL Solution In US, Europe And Beyond

Microsoft has announced that PayPal Pay Later can now be used to pay for Microsoft items in the US, Europe and Australia, while Microsoft has also expanded its tie-up with Venmo.

August 1, 2023

Flutter, Fox To Close Sports-Betting Platform Fox Bet

Flutter Entertainment has announced that the Fox Bet sportsbook will be shuttered, officially bringing an end to the once-promising experiment.

August 1, 2023

New Jersey Seeks Gaming Industry Comments On Proposed Regulations

The New Jersey Division of Gaming Enforcement has set a Friday deadline for licensees to submit comments on the latest in a series of comprehensive regulatory reforms that include new rules to authorize skill-based games.

August 1, 2023

Chile Approves Changes To Progressing Online Gambling Bill

Chile’s Chamber of Deputies has approved a series of consumer protection amendments to the bill to legalise online gambling, in the midst of a government investigation into the football association’s relationship with online gambling sponsors.

August 1, 2023

Industry Must Consider UK Consultation Implications, Says Lawyer

It is “crucial” that the UK gambling industry understand and respond to the impact of the white paper consultation proposals launched last week, according to a legal expert.

August 1, 2023

IGT's UK National Lottery Damages Case Rejected

Supplier giant IGT has had its attempt to claim damages from the UK Gambling Commission over Camelot’s loss of the UK National Lottery thrown out.

July 31, 2023

America’s Answer To MiCA Heads To Congress

The US House Financial Services Committee has marked up a new piece of legislation that could offer America’s answer to Europe’s Markets in Crypto-Assets (MiCA) Regulation.

July 31, 2023

‘Unique Challenges’: Consumer Duty Goes Live For UK Payments Firms

Payments and e-money firms in the UK will need to begin complying with the Financial Conduct Authority’s (FCA) new outcomes-focused regulation, with experts suggesting that it will bring new challenges.

July 31, 2023

Chile Proposes Card Acquiring Rule Updates To Help Small Acquirers Grow

In a big reform to card acquiring and sub-acquiring rules, Chile proposes new measures to help sub-acquirers meet regulatory requirements when they grow big enough.

July 31, 2023

Chinese Lotteries Set For Record Annual Sales Haul In 2023

The Chinese lottery market has stormed back from pandemic damage and political troubles with more than a 50 percent growth year-on-year in the first half of 2023, setting it on course to easily break 2018’s annual sales record.

July 31, 2023

Georgia Online Gambling Still Dominates E-commerce, But Share Declining

The country of Georgia has seen the number and volume of online gambling transactions decline since restrictions were introduced at the end of 2021, according to new research.