Insights Archive

October 11, 2021

U.S. Operators Cautious On Crypto But Embracing Cashless Payments

The CEOs of two of the world’s most powerful casino companies responded with caution when a keynote panel at last week's Global Gaming Expo (G2E) turned to cryptocurrencies.

October 8, 2021

ICO Stresses High Data Protection Standards In Post-Brexit Consultation Response

The devil will be in the detail of the government’s data protection reforms, the Information Commissioner’s Office (ICO) has said in response to the UK government’s push to overhaul the 2018 Data Protection Act.

October 8, 2021

Week In Brief - October 8, 2021

A short roundup of some of the week's payments news you may have missed.

October 8, 2021

NatWest Makes History In Landmark Money Laundering Prosecution

National Westminster Bank (NatWest) has become the first bank to be prosecuted by the UK’s Financial Conduct Authority for failing to comply with anti-money laundering rules.

October 8, 2021

UK Data Regulator Gives Thumbs Up To Single Customer View

UK gambling operators sharing customer data to help cut problem gambling would probably be legal, according to a new report.

October 8, 2021

Irish Opposition Proposes Credit Card Gambling Ban

A new bill in Ireland that would ban the use of credit cards to gamble has been called a “no brainer” as it cleared its first hurdle without any opposition.

October 8, 2021

Tight Race In Election To Allow Sports Betting On New Jersey Colleges

Recent polling indicates trouble for a November 2 referendum to allow betting on college games in New Jersey.

October 8, 2021

News In Brief: October 4-October 8, 2021

The Malta Gaming Authority has updated its rules and regulations surrounding match-fixing and suspicious betting events.

October 7, 2021

South-East Asia - A Hot and Fast-Growing Payments Region

As historically popular Asian markets are becoming less supportive towards innovation, South-East Asian countries are emerging as a rapidly growing market with plenty of opportunities.

October 7, 2021

PSR May Still Intervene Over Merchant Fees Despite New Guidance

The UK's Payment Systems Regulator (PSR) has hinted that it may still intervene over merchant rates as responses to its new guidance on interchange regulation highlight rising fees as a result of Brexit.

October 7, 2021

International Regulators Launch New Stablecoin Consultation

Stablecoins should observe international standards for payment, clearing and settlement systems, the Committee on Payments and Market Infrastructure and the International Organisation of Securities Commissions have clarified in a new consultation.

October 7, 2021

PGA Tour Seeks Market-Access Expansion Beyond Arizona

Arizona’s new regulatory framework, which grants professional sports organizations similar control over sports-betting market access as casinos, should be a model for other states to follow, according to a senior executive with golf’s PGA Tour.

October 7, 2021

NIGC Issues New Sports-Betting Guidance For Expanding Tribal Market

As Louisiana this week becomes the latest state to host sportsbooks in tribal casinos, the federal regulatory agency for Indian gaming has cautioned that proposed deals between tribes and sports-betting partners risk being disapproved unless the tribe retains clear control over the operation.

October 7, 2021

MGM Boss Says DraftKings-Entain Deal Has 'One Key Caveat'

With DraftKings and Entain still in talks regarding a potential takeover bid by the U.S. sportsbook powerhouse, the CEO of Entain partner MGM Resorts has weighed in and pointed out a key roadblock for the two sides.

October 7, 2021

Sweden Squeezing Unlicensed Operators Following Government Report

The Swedish Gambling Authority’s new strategy to tackle illegal online gambling will make it very hard for unlicensed operators to target Swedish consumers, according to the managing partner of the law firm Nordic Gambling, Morten Ronde.

October 6, 2021

Consumer Data Leaked From Brazil’s PIX

An investigation has been opened against Brazil’s Banco Banese, after local media reports of a personal data leakage from customers of various financial institutions involving the country’s new instant payments service, PIX.

October 6, 2021

As U.S. Casinos Embrace Cashless Gaming, Regulators More Cautious

As the U.S. gaming industry continues to bring mobile wallets and other cashless products to market, there are hurdles from a regulatory standpoint as state regulators try to understand the importance of this technology, according to lobbyists and gaming executives.

October 6, 2021

Hong Kong Monetary Authority White Paper Proposes General-Purpose CBDC

Hong Kong has set a new course in its exploration of a central bank digital currency (CBDC) by issuing a white paper targeting a retail CBDC.

October 6, 2021

News In Brief - October 6, 2021

There has been a dramatic increase of 60 percent in fraud cases between the first half of 2020 and the first half of 2021, the Belgian financial regulator has warned.

October 6, 2021

Karnataka Online Ban In Force As Industry Prepares Legal Action

Indian fantasy sports companies are now blocking users in Karnataka after a ban on all gaming with stakes came into force in the southwestern state on Tuesday, but market leader Dream11 has yet to declare its hand.

October 6, 2021

Sports-Betting Executives Say Self-Regulation Needed To Avoid U.S. Ad Restrictions

Sports-betting executives have said that increased self-regulation is the key to avoiding a clampdown on advertising by state or federal regulators as the industry continues to progress in the United States.