Insights Archive

April 24, 2023

Brazil Senate President Says Gaming Expansion Will Be Addressed This Summer

Brazil Senate President Rodrigo Pacheco confirmed on Friday that the legalisation of sports betting and other forms of gambling are part of the government's revenue calculations for its imminent fiscal plan.

April 24, 2023

Sports Leagues Lose Lobbying Battle Over Tennessee Official Data

Tennessee’s General Assembly has passed legislation to refine the state’s 2019 sports wagering law, after an amendment to retain a first-of-its-kind official league data mandate was rejected.

April 21, 2023

Week In Crypto: Coinbase Considers Move To UK As New SEC Rules Beckon

Coinbase CEO Brian Armstrong charms the Brits on transatlantic tour, Tether comes under fire in a debate on a draft stablecoin bill and US lawmakers clash on whether crypto was to blame for recent bank failures.

April 21, 2023

European Parliament Gives Green Light To Key Crypto Legislation

The EU’s first comprehensive legal framework for crypto-assets has been passed by a super majority in the European Parliament with no further obstacles expected.

April 21, 2023

Major Data Breach At CFPB Puts 250,000 US Consumers At Risk

A former employee of the Consumer Financial Protection Bureau (CFPB) has made an unauthorised data transfer affecting more than 250,000 consumers and 50 financial institutions in what the agency described as a “major incident”.

April 21, 2023

Daily Dash: UK Lawmakers Call For Regulatory Evolution

Backbench Conservatives have called for more accountability from UK regulators, pan-Nordic payments initiative P27 withdraws its clearing licence application in Sweden and New York’s attorney general has issued a new data security guide.

April 21, 2023

Ontario Regulator Fines Three Operators Over Uncertified Online Slot Games

Ontario’s gaming regulator issued sanctions against three online casino operators on Thursday for offering uncertified virtual slot games on their platforms.

April 21, 2023

Macau Junket Mogul Levo Chan Jailed For 14 Years

A Macau court has jailed former Tak Chun junket supremo Levo Chan for 14 years over illegal gambling, fraud, money laundering and organised crime activity.

April 21, 2023

New Jersey Issues New Standards For Online Gambling Advertising

New Jersey’s Division of Gaming Enforcement has published new best practices for sports betting and gaming advertising, the fourth in a series of new guidelines to address emerging regulatory risks associated with online gambling.

April 21, 2023

Maltese Operator In Finnish Police Board Crosshairs

Finland’s National Police Board is investigating a Malta-licensed operator’s “large-scale” marketing to consumers in mainland Finland.

April 21, 2023

News In Brief: April 17-April 21, 2023

Nevada regulators remove and update outdated gambling regulations.

April 20, 2023

NCR Outage Hits Global Restaurant Chains Following Ransomware Attack

Restaurant owners who use the NCR Aloha point of sale system are currently experiencing "limited functionality" following a ransomware attack on an NCR data centre.

April 20, 2023

Google Would Ease In-App Payment Rules Following UK Probe

Google said it would give app developers the choice to decide which billing system and in-app payments processor they want to use in exchange for closing a UK antitrust investigation.

April 20, 2023

Visa Launches Tool For Merchants To Fight Friendly Fraud

Compelling Evidence 3.0, Visa’s new fraud-fighting tool aimed at preventing invalid chargebacks, goes live as friendly fraud tops merchant concerns.

April 20, 2023

Dutch Trade Groups Fear Black Market Surge

Dutch trade groups fear that the raft of incoming advertising restrictions could lead to more consumers using the black market.

April 20, 2023

Finnish Court Overrules Gambling Advertising Fine

The Helsinki Administrative Court has overturned an €800,000 fine levied by Finland’s National Police Board, which had also banned gambling advertising offered by Eurosport 1 television channel.

April 20, 2023

U.S. Sports Leagues, Broadcasters Form Responsible Advertising Coalition

Major U.S. sports leagues and television broadcasters have formed a new coalition aimed at ensuring responsible advertising of sports betting.

April 20, 2023

The Song Remains The Same: iGaming Legalization Struggles Persist In 2023

It remains a mystery to many industry executives why some 37 states and the District of Columbia allow sports betting but only six regulate internet gaming, with states such as Indiana, Illinois and New York all coming up short in their efforts to legalize iGaming in 2023.

April 19, 2023

Indonesia Seeks Domestic Credit Card Network To Rival Visa, Mastercard

In a further display of payments nationalism, Indonesia is set to launch a domestic credit card network that will offer a low-cost alternative to Visa and Mastercard.

April 19, 2023

Western-Super-App? What Twitter’s eToro Tie-In Could Mean

Twitter’s announcement that it is partnering with the crypto platform shows that Elon Musk is serious about a move into finance, but how impactful will this be?

April 19, 2023

Dutch Fine For BetEnt As Ad Ban Details Published

The Netherlands Gambling Authority has issued a €400,000 fine to BetEnt, a Dutch online gambling company owned by Entain, for distributing advertising that was improperly directed to young adults, as the government reveals details of its impending advertising prohibition.