Insights Archive

June 29, 2023

Brazil Match-Fixing Panel Probes Plan for Sports-Betting Regulation

A senior figure in Brazil's Ministry of Finance testified before a congressional investigative commission on match-fixing on Tuesday, using the time to reassure members that both a bill and an emergency measure to regulate sports betting would be introduced before a parliamentary recess next month.

June 29, 2023

Dutch Minister Backs KSA To 'Take Action' Against Ad Violations

The Dutch gambling minister has reassured lawmakers that the Netherlands Gambling Authority (KSA) will “take action” against violations of the incoming advertising restrictions, as a major operator pauses its affiliate programme until the impact of the changes becomes clear.

June 29, 2023

Ohio Regulator Bars Inducements Connected To Non-Gaming Transactions

Ohio’s gaming regulator is instructing operators to cease any promotions that offer a sports-betting inducement that is connected to a non-gaming transaction and proposing rules to eliminate any uncertainty to that effect.

June 29, 2023

Gibraltar Hopes It Does Not Become 'Last Victim Of Brexit'

A shock Spanish election result means Gibraltar faces a reckoning over long-stalled negotiations on a “Gibexit” border deal that would guarantee free access for online gambling and other employees at its border with Spain.

June 28, 2023

Third Time Lucky For US Payment Choice Act?

After two consecutive defeats in 2019 and 2021, a bipartisan group of lawmakers has re-introduced the Payment Choice Act, in a bid to mandate cash payment acceptance throughout the US.

June 28, 2023

UK Regulators Emphasise Fairness In Premium APIs Principles

The UK regulators’ Joint Regulatory Oversight Committee has unveiled five high-level principles for banks and registered third parties to follow when agreeing a premium application programming interface (API) commercial model.

June 28, 2023

India Fines Its Four Credit Bureaus As It Steps Up Consumer Protections

The Reserve Bank of India has fined the country’s four credit reporting agencies after it found inaccuracies in their credit reports and bad handling of complaints.

June 28, 2023

PointsBet Recommends Increased Fanatics Offer For U.S. Business

PointsBet announced late Tuesday that its board of directors will recommend that shareholders accept an increased offer from Fanatics to purchase its U.S. business for $225m.

June 28, 2023

EU Action Possible Against Ukraine-Sanctioned Operators, Dutch Minister Says

European Union (EU) sanctions could be considered against Russia-linked companies sanctioned by Ukraine that are based in Curaçao, the Netherlands foreign minister has told the Dutch parliament.

June 28, 2023

Philippine Police Rescue 2,700 Enslaved POGO-Linked Workers

Philippine police have rescued more than 2,700 suspected victims of human trafficking in a single operation targeting a compound in southern Manila controlled by a PAGCOR-licensed online gambling service provider.

June 28, 2023

New Jersey Online Gaming Extension Slashed From Ten To Two Years

New Jersey, the largest U.S. market for internet gaming, is on the verge of approving a massive reduction from ten to two years for the extension of legal and regulated online casino operations.

June 28, 2023

Australian Parliament Report Backs Total Ban On Online Gambling Ads

An Australian parliamentary committee has called for online gambling advertising to be banned in its entirety in four phases over three years, the most punishing of 31 sweeping recommendations that industry lobbyists call “a step too far” and “short sighted”.

June 28, 2023

Kenyan President Approves Gambling Tax Increase

Kenya has approved raising the excise duty on all forms of gambling to 12.5 percent and the introduction of a 15 percent tax on gambling adverts.

June 27, 2023

Tokenisation Next On List For Australia’s Co-Badged Debit Cards

The Reserve Bank of Australia (RBA) is seeking feedback on new proposals that would lay the groundwork for the standardising of debit card tokenisation for online transactions.

June 27, 2023

Brazil To Roll Out Pix Recurring Payments By Spring 2024

Brazil has officially announced plans for a new recurring payment service using the country’s popular instant payments service Pix, which is designed to enable widespread usage by also targeting underserved customers.

June 27, 2023

Croatia Becomes Only Second EU Member To Be Greylisted

The Financial Action Task Force’s (FATF) increased monitoring list has added three new members, including the Balkan State, after the watchdog completed its plenary session.

June 27, 2023

Deconstructing MiCA (Part 1): Background, Scope and Biggest Changes

This regulatory analysis will take a closer look at the Market in Crypto-Assets regulation's (MiCA) background, scope and the key changes introduced by the legislation. It will also provide information concerning the regulation’s impact, timelines of application and next steps for market participants. This analysis is the first in a series of MiCA-focused pieces.

June 27, 2023

Texas Governor Says Legislative Lottery Courier Ban Is Unconstitutional

Texas Republican Governor Greg Abbott has said a legislative effort to potentially limit the use of online lottery courier services in the state is unconstitutional.

June 27, 2023

Grey-Market Machines Disabled As Lawsuit Determines Their Legality In Kentucky

A Kentucky judge has signed off on an agreement reached between the state attorney general and Pace-O-Matic to disable thousands of skill-based games, also known as grey-market machines, while the constitutionality of a ban passed by the legislature is challenged in court.

June 27, 2023

Irish Minister Vows To 'Clear Off' And 'Move On' Gambling Bill

Ireland’s Gambling Regulation Bill 2022 will go to the report stage on July 11, as the government minister overseeing it aims to “clear it off and move it on”.

June 26, 2023

Bankruptcy Proceedings Beckon As Lithuanian Authorities Revoke PayrNet Licence

The licence of the once Railsr subsidiary has been revoked by the Bank of Lithuania for what the regulator says are serious violations of compliance requirements.