Insights Archive

June 7, 2023

UK Gambling Commission Consultations 'On Track' For Summer Start

The UK Gambling Commission is "on-track" to publish the first round of white paper consultations before “schools break up in the summer” in late July, according to executive director Tim Miller.

June 7, 2023

Betsson Delays Record Finnish Fine

Betsson subsidiary BML Group Ltd has won at least a temporary reprieve from the record €2.4m fine levied against it in Finland, after a court ruled it should be suspended pending appeals.

June 7, 2023

French Lawmakers Approve Strict Rules For Influencers

French politicians have unanimously agreed to implement tough new rules for influencers advertising potentially harmful products, including betting tips and predictions.

June 7, 2023

Rhode Island Online Casino Bill Advances To Senate Floor

A Rhode Island Senate Committee advanced iGaming legislation Tuesday, but with a unique wrinkle forced by the state’s constitution.

June 7, 2023

German Market Frustrating, But Could Reward Some, Executives Say

Germany is such a restrictive gambling market that it has probably lost all its high-rollers, but could reward those who persevere, executives have said.

June 6, 2023

US Agency Tells Consumers To Move Funds From Digital Wallets To Banks

The US Consumer Financial Protection Bureau has warned that funds held on peer-to-peer (P2P) apps such as PayPal, Venmo and Cash App may not be insured, and urged consumers to transfer their savings to banks.

June 6, 2023

Google Wallet Focuses On Digital ID In Latest Upgrade

One year on from its launch last summer, Google Wallet has unveiled its latest set of new features, with a focus on digitised credentials for work, travel and healthcare.

June 6, 2023

18 Months Left For UK To Be Crypto Leader, MPs Warn

Crypto-assets are here to stay and the UK only has a "finite" amount of time to ensure early leadership, a cross-party group of parliamentarians has said.

June 6, 2023

Kindred Must Leave Norway, Regulator Warns After Court Ruling

Kindred-owned Trannel, which operates websites including Unibet, must leave Norway after losing an appeal, the country’s regulator has warned.

June 6, 2023

Gaming Bills Near Approval As Louisiana Legislature Enters Final Days

As they head into the final few days of the 2023 legislative session, Louisiana lawmakers are closing in on approving bills to require casinos to provide training programs to address human trafficking and allow for fixed-odds wagering on horse races via sportsbook platforms.

June 6, 2023

Nevada Legislature Approves Key Revisions To Gaming Regulations

As the 2023 Nevada legislative session ended late Monday, lawmakers had passed two gaming-related bills that revised several of the state’s gaming statutes, including an industry-supported overhaul of the state’s “foreign gaming” reporting requirements.

June 6, 2023

Dutch Regulator Fines Bingoal €400,000 For Advertising To Young Adults

The Netherlands Gambling Authority (KSA) has fined operator Bingoal €400,000 for targeting advertising to people aged 18-24, which is banned in the country.

June 6, 2023

Osaka Police Arrest Poker Club Organisers

The director of one of Japan’s national poker associations and the operator of an Osaka gaming facility have been arrested along with eight other organisers and 11 customers in an unusual crackdown on land-based gambling.

June 5, 2023

Eyes On FCA After E-Money Firm’s Lithuania Licence Revoked

The Bank of Lithuania has determined that UK-headquartered electronic money institution Transactive Systems seriously and systematically infringed anti-money laundering and counter-terrorist financing (AML/CTF) requirements.

June 5, 2023

Binance, Under Investigation In Canada, Files Motion To Dismiss

Lawyers working on behalf of Binance have filed an application urging a Canadian regulator to drop an investigation into alleged compliance breaches by the exchange.

June 5, 2023

Hungarian Banks Play Down ChatGPT Risk But Bemoan Bigtech Advantage

At a recent conference in Budapest, Hungarian banks claimed they are not worried that generative artificial intelligence (AI) would rewrite the current banking system, but claim that many fintechs and bigtechs have an unfair advantage. Meanwhile, the central bank outlines new plans to boost digital payments in the country.

June 5, 2023

Key Chilean Committee Passes Online Gambling Bill

The Economy Committee in the Chilean Chamber of Deputies has finally approved a bill to legalise and regulate online gambling, which will now move into the lower house of the National Congress for further discussions.

June 5, 2023

State Lotteries Looking For Winning iLottery Argument

The reluctance of most U.S. states to permit digital lottery programs has left state lotteries searching for the right narrative to change hearts and minds of policymakers and allow them to modernize.

June 5, 2023

Sports-Betting Legalization Credited For Detecting College Wagering Scandals

Problem gambling experts are not surprised by recent betting scandals that have surfaced within the athletic departments of several major U.S. colleges and say that more education of athletes, coaches, staff and administrators is needed.

June 5, 2023

Malta Details 2022 Enforcement Action

Maltese authorities issued more than €738,000 in financial penalties to licensees in 2022, as gambling grew its contribution to almost 10 percent of the country's economy.

June 2, 2023

Meta In The Firing Line Over Scams

Two-thirds of all online shopping scams now start on Facebook and Instagram, according to new research from Lloyds Banking Group.