Insights Archive

July 30, 2023

Coaches, Players Discuss National Football League Gambling Policy

As National Football League teams began reporting to training camps last week to prepare for the upcoming season, the rash of gambling-related suspensions issued by the league during the offseason was a frequent topic of discussion, including criticism from one of the league’s most prominent coaches.

July 30, 2023

Delay In UK White Paper Gaming Reforms Disappoints New Jersey Regulator

The lack of progress in gambling reforms in the United Kingdom is frustrating New Jersey’s top regulator, who says U.S. oversight of gambling is much stronger.

July 28, 2023

US Congress To Vote On Credit Card Competition Act, Senator Says

Proponents of the US Credit Card Competition Act secure assurances that Congress will vote on the fiercely debated bill but the proposal still has a bumpy road ahead.

July 28, 2023

Week In Crypto: FTX Founder Escapes Campaign Finance Charge

FTX founder escapes campaign finance charge but may be headed back to jail, Coinbase is in limbo over its staking lawsuits, and Binance has second thoughts about becoming regulated in Germany.

July 28, 2023

Daily Dash: Mastercard Says No To Cannabis

Mastercard has cracked down on cannabis retailers allowing payments across its network, nexo Standards and Berlin Group have announced that they are developing digital euro standards, and N26 makes a new hire following its compliance problems.

July 28, 2023

FanDuel President Defends Hiring Ex-Con For Responsible Gambling

FanDuel president Christian Genetski on Thursday stood by his company’s decision to hire sports media personality Craig Carton to be the company’s spokesman on responsible gambling even after Carton served one year in prison for fraud.

July 28, 2023

Brazil Match-Fixing Investigation Loses Threat As Sports-Betting Measures Move Ahead

Brazil’s special investigation commission (CPI) into match-fixing has already served its purpose and is irrelevant now that a sports-betting provisional measure has been published and a bill has been sent to Congress, according to some in the industry.

July 28, 2023

Maryland Approves Contract For iGaming Study, Regulation Updates

The efforts to legalize online gaming took a step forward on Thursday when the Maryland Lottery and Gaming Control Commission unanimously approved a contract for a vendor to produce a detailed report on the potential impact of iGaming.

July 28, 2023

News In Brief: July 24-July 28, 2023

France's national lottery operator is set to absorb its Irish equivalent and Nevada officially approves $10m fine for Steve Wynn.

July 27, 2023

NatWest CEO Resigns Over Farage Account Closure, As New Regulations Approach

Dame Alison Rose, NatWest’s CEO of four years, has resigned from her position after admitting that she broke confidentiality rules following the closure of Nigel Farage’s Coutts bank account.

July 27, 2023

HSBC, TSB, Nationwide Castigated Over CMA Order Failures

The UK’s competition watchdog has hit out at three of the biggest high-street banks for "significant failures" in transaction history reporting for personal and business customers switching banks.

July 27, 2023

Amex Slapped With $15m US Fine

The Office of the Comptroller of the Currency has fined American Express $15m alleging the card network failed to oversee a third-party affiliate.

July 27, 2023

Tennessee Fines Caesars Entertainment $50,000 For Illegal Wagers

Tennessee’s sports wagering regulator approved a $50,000 fine against Caesars Entertainment Wednesday for taking more than 2,500 illegal wagers over a five-week stretch.

July 27, 2023

Australian Court Slaps $3.4m Fine On Online Poker Operation

In the first case of its kind, an Australian court has issued a A$5m ($3.4m) civil fine to a company in Queensland state that offered online poker services to Australian customers.

July 27, 2023

UK Launches Wave Of Pivotal White Paper Consultations

In a “key moment” for the UK gambling industry, the Gambling Commission and the Department for Culture, Media & Sport have both published their first set of highly-anticipated white paper consultations.

July 27, 2023

Brazil's Sports-Betting Industry Set To Self-Regulate On Advertising

Operators have welcomed the self-regulatory approach to advertising that is written into Brazil's sports-betting provisional measure, although it leaves companies trying to establish a presence in Brazil with more questions than answers.

July 27, 2023

Whistle-To-Whistle Ad Ban, Loss Limits On French Agenda

The French gambling regulator has asked the government for permission to enforce a whistle-to-whistle ban and loss limits for young people.

July 26, 2023

Proposal To Reduce Interchange Fee Triggers Concern In Belgium

Belgium’s banking association has said it is "especially worried" about a proposed reduction in interchange fees, but there are suggestions that the government may just be bluffing ahead of an election.

July 26, 2023

Amazon Expands Palm-Reading Payments Tech To All Whole Foods Stores

Amazon has announced that its palm-reading payment system, Amazon One, will be rolled out to all Whole Foods Market stores in the US by the end of 2023.

July 26, 2023

Massachusetts Regulator Fines All Three Casinos For Unauthorized Wagering

The Massachusetts Gaming Commission has fined the state’s three casinos a total of $50,000 to settle complaints over allowing customers to place wagers on unauthorized sporting events.

July 26, 2023

Almost Impossible To Open Gambling Bank Account In Romania, Says Trade Group

It has become “almost impossible” for gambling companies to open a bank account in Romania, according to a trade group in the country.