Insights Archive

April 15, 2025

Political Betting Charges Demonstrate Effective UK Regulation, Say Lawyers

The UK Gambling Commission has charged several of the political figures caught up in last year’s election betting scandal, in what one legal expert says is a vindication of operators’ know your customer procedures.

April 15, 2025

Regulatory Influencer: ‘Loopholes’ Remain As US Stablecoin Bills Move To Vote

With the US moving towards federal stablecoin legislation, two bills have emerged as the leading contenders to be enacted, but lawmakers say both contain “loopholes” that could give foreign issuers an easy ride.

April 15, 2025

E-Money Firm xpate Joins Latvia's Central Bank Payment System

Latvia has become the first country in the eurozone to allow a non-bank payment service provider to participate directly in a central bank-operated payment system.

April 15, 2025

Digital Pound Offline Payments 'Technically Feasible', But Challenges Remain

The Bank of England has found that making offline payments with a potential digital pound is viable, but that a number of issues, including financial crime risks, will need to be addressed.

April 15, 2025

Thailand Emergency Decree Seeks To Counter Cybercrime And Mule Accounts

The Royal Decree on Digital Assets, which came into force on April 13, 2025, lets Thai authorities speedily close unauthorised foreign asset business platforms.

April 15, 2025

Colombia Operators Sound Alarm Over Deposit Tax

A number of Colombia’s licensed operators will be forced to shut down if a tax now being applied to online gambling deposits remains in place, according to a leading industry association.

April 14, 2025

Cybersecurity Incidents Hit Minnesota, Michigan Tribal Casinos

Several tribal casinos have been forced to close their doors after ransomware attacks took hundreds of slot machines offline, while experts in one incident continue to work to reopen their casino floor.

April 14, 2025

ESMA, ECB Warn Of Crypto Risks As Industry Urges Focus On MiCA Rollout

Senior officials from the European Securities and Markets Authority (ESMA) and the European Central Bank (ECB) remain cautious of potential financial stability risks posed by the rapid growth of crypto-asset markets, calling for strong supervisory implementation of existing rules and international coordination to prevent emerging threats.

April 14, 2025

Block Hit With $40m Fine For AML Breaches

New York’s Department for Financial Services has fined US payments firm Block $40m (£30.6m) for "significant" failures in its Bank Secrecy Act /anti-money laundering compliance programme.

April 14, 2025

Open Banking Limited Unveils Long Awaited Commercial VRP Proposals

Open Banking Limited has published the much-anticipated proposals for commercial variable recurring payments in the UK, marking a step forward for the potential direct debit disrupter.

April 14, 2025

Maharashtra Floats Licensing Regime For Online Skill Games

One of India’s largest three states by population, Maharashtra, is preparing to license online skill gaming with stakes, complementing a reform drive by information technology (IT) hub Karnataka state announced last week.

April 14, 2025

Kansas Budget Move Sets Course Toward Sports-Betting Tax Hike

Kansas lawmakers have approved a provision in the state's budget law that sets the stage for changes to the state’s sports-betting tax rate.

April 11, 2025

Updated: Federal Judge Grants Kalshi Injunction In Nevada

Kalshi has won the first round in a multistate legal fight over sports prediction markets, after a federal judge in Nevada granted the company's request for a preliminary injunction and suggested that the permissibility of sports-event contracts was a matter for federal regulators or Congress to determine, not state gaming agencies.

April 11, 2025

Arizona Approves Plan To Regulate Lottery Couriers

Lottery courier services have come under increased scrutiny following several controversies in Texas that have raised questions about their operational practices, while putting pressure on state legislatures and lotteries to either regulate or prohibit them.

April 11, 2025

News In Brief: April 7-April 11, 2025

Pennsylvania Gaming Control Board accused of "regulatory overreach" after sweepstakes crackdown and Dutch regulator issues €1.2m fine for illegal gambling.

April 11, 2025

Regulatory Influencer: US Check Fraud Epidemic Triggers Trump Executive Order

A new executive order from President Trump is set to accelerate the global transition away from checks, as the declining payment method continues to be a significant source of fraud.

April 11, 2025

Singaporean Regulator Shuns Calls For BNPL Ad Ban, But Says Finfluencers In Its Sights

In fresh correspondence with the financial hubs' lawmakers, the Monetary Authority of Singapore has continued not to bow to pressure to introduce stricter oversight of buy now, pay later (BNPL) firms, but did suggest that it is looking closely at consumer protection issues elsewhere.

April 11, 2025

Bank Of England Considers Widening Access To RTGS Accounts

The Bank of England’s response to its February policy paper on extending direct access to its real-time gross settlement (RTGS) system suggests that expansion may be on the horizon for non-bank payment service providers and foreign banks alike.

April 11, 2025

New EU Rules On AI Add To Gambling Compliance Complexity

The EU’s landmark legislation on artificial intelligence (AI) has already partially come into effect, raising new compliance challenges for a gambling industry that has been eagerly integrating AI into many facets of its operations.

April 11, 2025

India's Karnataka State Moves To Regulate Online Skill Gaming

India's Karnataka state has reversed course and is preparing to regulate online skill gaming with stakes, placing the information technology hub at the vanguard of national gaming reform.

April 10, 2025

Legislative Proposals On Sweepstakes, Online Casino Struggle For Approval

As lawmakers in state capitols across the U.S. turn their attention to passing those final few bills before they adjourn for the year, a series of measures to prohibit online sweepstakes games or legalize online gambling have fallen by the wayside.