Insights Archive

April 23, 2025

MEP Presses European Commission On Hawala Enforcement Amid Money Laundering Concerns

A German lawmaker has raised concerns with the European Commission over the effectiveness of its enforcement action against hawala banking practices, the informal method of cross-border transactions.

April 23, 2025

Singapore And Hong Kong Double Down On Cyber Resilience As Threats Escalate

Banking and finance hubs Singapore and Hong Kong have simultaneously pushed for higher standards in the financial sector when it comes to cyber resilience.

April 22, 2025

MGM, Resorts World Still Seen As Favorites For New York Casino License

New York is still several months away from granting three downstate casino licenses, but investors and analysts believe there is effectively only one license up for grabs in the largest untapped gaming market in the northeast United States.

April 22, 2025

Online Betting Staying In Brazil Senate Spotlight

Barely more than a year after approving a federal law to regulate online gambling, Brazil’s Senate is now considering whether to restrict or ban advertising and impose further limits on newly licensed operators.

April 22, 2025

Complaints About Payment Services Drop Sharply In Lithuania, According To Central Bank

The Bank of Lithuania has reported a dramatic decline in complaints related to payment services, with the number of grievances dropping nearly threefold in 2024.

April 22, 2025

Judge Scraps CFPB's Late Payment Card Fee Cap

A US federal judge has thrown out a Biden-era rule capping late credit card payment fees at $8 following a challenge by the Trump administration and a coalition of business groups.

April 22, 2025

Cracks Show In Swedish Supplier Licensing Amid Geoblocking Row

A dispute has broken out in Sweden over the use of geoblocking by licensed suppliers to prevent their content from being used on the black market, a practice the country’s regulator says is not good enough.

April 17, 2025

AGA CEO: Prediction Market Sports Bets Violate Federal Wire Act

As Kalshi announced the launch of single-game markets for Major League Baseball, the head of the U.S. gaming industry’s main trade association insisted the prediction market's sports event contracts are being offered in violation of federal law.

April 17, 2025

North Carolina Sports-Betting Tax Hike Set For Senate Vote

North Carolina has become the latest state to put a significant sports-betting tax hike on the table, with lawmakers expected to vote Thursday to progress the legislation.

April 17, 2025

FCA To Establish Presence In US And Asia-Pacific

Following through on intentions announced in its January 2025 letter to the Prime Minister, the Financial Conduct Authority (FCA) is to establish an overseas presence to support the UK’s drive for economic growth.

April 17, 2025

FSB Finalises Harmonised Format For Cyber And Operational Incident Reporting

The Financial Stability Board (FSB) has published its finalised Format for Incident Reporting Exchange (FIRE) in a bid to streamline cyber and operational incident reporting.

April 17, 2025

European Central Bank Pressed To Justify Claims Digital Euro Will Benefit Banks

The European Central Bank is facing calls to clarify its position on the potential financial impact of the digital euro on European banks, after its supervisory chief claimed that lenders would benefit from the new central bank digital currency.

April 17, 2025

News In Brief: April 14-18, 2025

Chile's public prosecutors have closed a three-year investigation into unlicensed online gambling platforms.

April 16, 2025

Brazil Confirms Plan To Regulate Suppliers

Brazil’s federal gambling authority will kick off an initiative to directly regulate online gambling suppliers later this year, as part of a broader rulemaking agenda running through the end of 2026.

April 16, 2025

Uganda Updating Gambling Law, Tackling Illegal Activity

Uganda’s gambling regulator has called for the gambling law to be updated to improve clarity and better address online gambling.

April 16, 2025

UK Gambling Facing New Consumer Fairness Threats

A ban on cross-selling and new enforcement powers granted to the UK’s consumer protection agency are raising the stakes on customer-facing compliance in gambling yet again.

April 16, 2025

Research Shows Dutch Consumers Willing To Embrace Digital Euro

A new report from De NederlandscheBank shows that Dutch consumers are open to using the digital euro, in a boost for both advocates of central bank digital currencies and those concerned about Europe’s payment sovereignty.

April 16, 2025

FCA's Ditching Of Consumer Duty Champion Requirement 'Performative'

Following criticism from the Treasury Select Committee, experts say the UK Financial Conduct Authority’s (FCA) decision to remove the requirement for firms to have a board-level Consumer Duty champion will have only a limited impact.

April 16, 2025

Norwegian Regulator Flags Serious Safeguarding Failings At Payments And E-Money Firms

A new report from the Norwegian Financial Supervisory Authority (Finanstilsynet) has identified areas of non-compliance in how payment and e-money institutions safeguard customer funds.

April 16, 2025

First East Timor Online Gambling Licensee Has Cambodia, Philippines Ties

East Timor (Timor-Leste) has taken a major step toward launching a regulated, foreign-facing online gambling market after issuing its first concession to a company linked to the Philippines, Cambodia and Nigeria.

April 16, 2025

U.S. Gaming Industry Threatened By Sweepstakes, Prediction Markets, Slow Rollout Of iGaming

The U.S. gambling industry faces unprecedented threats and opportunities as rapidly expanding sweepstakes and prediction-market platforms steal a march on an iGaming segment struggling to gain legislative approval.