Insights Archive

July 14, 2023

Star Sports Fined Six-Figures Over UK Policy Problems

Racing-focused bookmaker Star Sports has been penalised more than half a million pounds by the UK Gambling Commission over social responsibility and anti-money laundering failings.

July 14, 2023

State Government Dissenters Attack India Tax On Online Volume

Cracks are quickly emerging in what India’s finance minister had called unanimous support for a goods and service tax (GST) on gaming volume, hinting at a regional push for the GST Council to review its decision that has rocked the industry.

July 14, 2023

U.S. Legislators Stumble With iGaming As Legalization Efforts Continue

As lawmakers in Indiana struggle to pass an internet gaming bill, a key Republican legislator acknowledges that several challenges still need to be overcome to get a bill through the General Assembly next year.

July 14, 2023

News In Brief: July 10-July 14, 2023

Colombia's gambling regulator has selected a new leader, its fourth such appointment in the past seven months.

July 13, 2023

Progress Made On AML/CTF Supervision Of Banks, Says New EBA Report

The European Banking Authority (EBA) has published its third report on regulatory supervision of anti-money laundering/counter-terrorism financing (AML/CTF) risks among banks, finding much progress but still room for improvement.

July 13, 2023

Victory For Barclays In UK Supreme Court APP Fraud Case

Barclays Bank will not be liable for a £700,000 authorised push payment (APP) scam against one of its customers following a victory in the UK’s highest court.

July 13, 2023

Bank Of America To Pay $250m For Double-Dipping, Opening Fake Accounts

US regulators have issued a $150m fine to Bank of America for charging junk fees, withholding credit card rewards and opening fake accounts. The bank has also put aside $100m to redress customers.

July 13, 2023

No Rapid Enforcement For 'Difficult Parts' Of Ad Law, Says Dutch Regulator

The Dutch gambling regulator does not think there will be a “very direct and swift enforcement” of the “difficult” parts of the new advertising rules that came into effect on July 1.

July 13, 2023

Ohio Increase Shows U.S. Sports-Betting Tax Rates Not Set In Stone

Ohio’s abrupt move to double its tax rate underscores a trend toward higher taxes on U.S. sports betting as some states re-evaluate their regimes, according to industry analysts.

July 13, 2023

India Says Killer Tax On Online Volume 'Always' In Force

India’s bombshell decision to impose a steep goods and services tax (GST) on online gambling volume and not gross revenue was merely a “clarification” and the tax will apply to existing assessments, the revenue secretary said, likely compounding heavy damage to the industry.

July 13, 2023

Seminole Ruling Ushers In Digital Era For Tribal Gaming

A 3-0 decision by a federal appeals court on June 30 is a milestone which is likely to secure the future of Indian gaming by enabling tribes to compete in the online betting market, a prominent tribal gaming attorney said Wednesday.

July 13, 2023

Curaçao To Allow One More Year Of Master Licences

All Curaçao master licensees will get a one-year extension upon passage of planned gambling reform legislation, according to an official from the island nation.

July 12, 2023

Industry Groans As UK Treasury Announces ’Future Of Payments Review’

As the UK Treasury launches a new review of retail payments, some are questioning the need for another government "fishing expedition" on the sector’s future.

July 12, 2023

California Legislature Seeks To Resolve Legality Of Games In Cardrooms

The debate over whether California cardrooms that offer blackjack or baccarat dealt by third-party proposition players are in violation of tribal exclusivity rights to offer house-banked gaming could be headed to state court, according to a controversial legislative proposal.

July 12, 2023

Five-Year Cut Threatens to Destabilize Online Gaming In New Jersey

Almost two weeks after the New Jersey legislature and Governor Phil Murphy slashed the extension of the state’s internet gaming operations from ten to five years, no one still seems to know why.

July 12, 2023

India GST Council Shocks Online Industry With Fatal Volume Tax

India’s online skill gaming industry is warning of operational collapse and mulling legal action after the GST Council imposed a debilitating 28 percent goods and services tax on gaming volume rather than gross revenue.

July 12, 2023

Betfair Latest Target In Danish AML Enforcement Drive

Flutter-owned Betfair International Plc has been hit with an indictment and three injunctions by the Danish gambling regulator over anti-money laundering (AML) failings.

July 12, 2023

Premier League Managers Appeal To Under-18s, Says UK Authority

The UK advertising regulator has banned two gambling ads, including a crackdown on Entain-owned Ladbrokes for its use of Premier League managers.

July 12, 2023

UK Committee Questions Lobbyists On White Paper Recommendations

Members of a British parliamentary committee that will help implement the gambling white paper have tussled with industry lobbyists over issues including advertising restrictions, the impact of the black market and a statutory levy.

July 11, 2023

Singapore Lawmakers Seek Answers On Wirecard Scandal, DBS Outage

The fallout from the Wirecard scandal has been on the minds of Singapore lawmakers, as has a major outage at DBS — its second in only two months.

July 11, 2023

European Commission Adopts EU-US Adequacy Decision, But For How Long?

The European Commission has adopted its adequacy decision for the EU-US Data Privacy Framework, paving the way for legal data transfers between the two jurisdictions, and possibly a new court case from Max Schrems.