Insights Archive

April 10, 2025

Key South African Province Demands Online Gambling Law Be Expedited

The South African province of Western Cape intends to lobby the Department of Trade, Industry and Competition and the national parliament to “expedite” a bill to fully regulate online gambling.

April 10, 2025

Revealed: The $2.95bn Scale Of US Impersonation Fraud

The Federal Trade Commission has said in a new announcement that impersonation scams cost consumers $2.95bn (£2.30bn), marking the first year that the Impersonation Rule has been in effect in the US.

April 10, 2025

European Central Bank Pushes Digital Euro As Divided MEPs Mull Payments Autonomy

The European Central Bank has continued to court lawmakers on the digital euro, but doubts remain over a central bank digital currency, despite broad support among lawmakers for reducing reliance on foreign providers.

April 10, 2025

Cut GDPR Red Tape To Help Fight Online Scams, MEP Tells Commission

A member of the European Parliament (MEP) has said that the General Data Protection Regulation (GDPR) needs to be part of the European Commission’s regulatory simplification plans, hammering home the overburdensome elements of the regulation and warning it could hinder the fight against fraud.

April 10, 2025

Swiss Banks Rally To Tackle Rising APP Fraud With New Strategy

The Swiss Bankers Association, in partnership with several major Swiss banks, has released a new set of recommended measures aimed at strengthening collaborative fraud prevention in the country's account-to-account payments ecosystem.

April 9, 2025

Kalshi CEO Claims Casinos Behind State Prediction-Market Pushback

A high-stakes legal battle over the expansion of sports-event prediction markets continues with more states pushing back, and Kalshi’s chief executive insists those efforts are the result of disgruntled casino operators.

April 9, 2025

AI, Crypto Among Long List Of UK Emerging Money Laundering Risks

The UK Gambling Commission has alerted operators to a range of emerging money laundering and terrorist financing risks, including crypto-assets and artificial intelligence (AI).

April 9, 2025

Lithuania Fines Revolut €3.5m For AML Failings

The Bank of Lithuania has fined Revolut €3.5m after a scheduled inspection uncovered breaches of anti-money laundering (AML) requirements.

April 9, 2025

Cross-Border Payment Cooperation Between Malaysia And Cambodia Gets Boost

Malaysians in Cambodia can now pay for goods and services by scanning a KHQR code after both nations’ central banks launched Phase 2 of the QR payment link between the two countries on Tuesday.

April 9, 2025

Brazil's Central Bank Targets Mobile Payment Giants With Proposed Tokenisation Rules

The Central Bank of Brazil has targeted the growing influence of digital wallet giants such as Apple Pay and Google Pay, launching a public consultation on new rules governing card tokenisation services.

April 9, 2025

Portugal Election Drama Will Not Blunt Lobbying Focus, Says Trade Group

As Portugal heads for an election tinged with casino controversy, the industry’s online trade group says it is firmly focused on the fight against illegal marketing.

April 8, 2025

Florida Regulator's FanDuel Flight Stokes Debate On 'Cooling-Off' Period

The decision by Florida’s top regulator to resign for a position with FanDuel has raised ethical questions about the revolving door between the industry and agencies created to enforce gaming laws, a door that one Republican state lawmaker wants closed.

April 8, 2025

Ireland Announces Dates For New Licence Applications

Ireland will open applications for remote and land-based operator licences in December and online gambling-only licences in the first quarter of 2026, according to the country's new regulator.

April 8, 2025

German Slot Machine Association Calls For Regulation 'Rethink'

The German Vending Machine Industry Association has called on the government to rethink its restrictions on slot machines and gaming halls, as police crime statistics show a spike in illegal gambling cases in the country.

April 8, 2025

Slash Online Fraud In Half, Innovate Finance Tells UK Government In Latest Push For Cross-Sectoral Liability

Labour MP Luke Charters has backed the UK fintech industry’s campaign to bring in shared liability for fraud on social media and telecommunications platforms.

April 8, 2025

Malta Fines Crypto Platform €2.7m Over 'Serious' AML Failures

Malta’s Financial Intelligence Analysis Unit has fined a subsidiary of crypto giant OKX €2.7m for significant anti-money laundering (AML) shortcomings, marking one of the largest enforcement actions to date against a virtual asset service provider in the jurisdiction.

April 8, 2025

SEC Paves Way For US Payments Innovation Opportunities With Stablecoin Clarity

The US Securities and Exchange Commission (SEC) has clarified its stance on certain US dollar-backed stablecoins, stating that their offer and sale do not constitute securities transactions under federal law, so long as they meet specific criteria.

April 8, 2025

Scammers Exploiting Chinese Payment Platforms, Singapore Warns

In the latest move to crack down on payments scams, the Singapore Police Force and Monetary Authority of Singapore issued a warning on Friday about the use of payment platforms to defraud people of their money.

April 8, 2025

Bally's Wins Over Star Entertainment With Last-Minute Takeover Offer

The board of Australian casino and hotel company The Star Entertainment Group has unanimously accepted an 11th-hour takeover bid from Bally's Corp, likely saving the embattled operator from liquidation.

April 7, 2025

Gambling Commission Addresses UK Councils' Demanding Powers To Restrict Gambling

The Gambling Commission has responded to calls for “urgent” reforms to the Gambling Act by a cross-party group of 38 UK councils and combined authorities.

April 7, 2025

German Regulator Fines Nexi €30,000 Over AML Failings

German paytech Nexi has been fined for falling short of its legal anti-money laundering (AML) obligations.