Insights Archive

April 3, 2023

Consumer Duty Grey Lines - FCA Discusses Acquirers And Open Banking Firms

The UK's Financial Conduct Authority (FCA) has emphasised there is no one size fits all solution when it comes to Consumer Duty and firms, including merchant acquirers and open banking firms, may be in scope to the extent they influence good consumer outcomes.

April 3, 2023

Denmark Latest Country To Highlight Social Media Concerns

The Danish gambling regulator is showing no signs of slowing its efforts to tackle illegal gambling and improper promotions on social media sites and streaming platforms, after stepping up its enforcement action in 2022.

April 3, 2023

Lawsuit Seeks To Block Enforcement Of Kentucky's Grey-Market Ban

As state legislatures crack down on the rapid expansion of unregulated “grey-market” games that play like slot machines, companies that manufacture or distribute the games are responding to any bans or seizures of their machines by filing lawsuits in state courts.

April 3, 2023

Gambling Antagonist In U.S. Congress Not Satisfied With New Ad Code

The senior U.S. senator from Connecticut, who is arguably Congress’ leading critic of the gaming industry, has said new self-regulatory restrictions adopted by the American Gaming Association do not go far enough to rein in sports-betting advertising.

April 3, 2023

Personnel Moves - April 2023

The UK's Health Lottery has a new boss, gambling veteran Joe Asher gets a presidential appointment, Star Entertainment appoints a new chair and Colombia finally appoints a new chief regulator.

March 31, 2023

Lithuania Demands Better Compliance From Bulging Payment Sectors

Lithuania joins other jurisdictions in Europe such as the UK in calling for better compliance processes at payments and electronic money firms as it reviews its activities for 2022.

March 31, 2023

Week In Crypto: US Regulator Goes In For The Kill On Binance

The Commodity Futures Trading Commission has filed a major lawsuit against Binance, the world’s largest crypto exchange, seeking its expulsion from the US market and the forfeiture of all its earnings to date.

March 31, 2023

Daily Dash: Singapore Regulator Confirms Action After ’Unacceptable’ DBS Outage

Singapore’s banking regulator is to take further action against DBS Bank after new outage, Germany’s government reported to be creating a new financial crime watchdog, US senators plot to clawback earnings of failed bank executives and Sam Bankman-Fried In court over Chinese government bribe charges.

March 31, 2023

Neymar's Twitch Gambling Stream Puts Rules To Test

Brazilian football star Neymar da Silva Santos Júnior’s recent Twitch streams promoting gambling are causing other members of the platform to question how the site enforces its content restrictions.

March 31, 2023

UPDATE: Kentucky Governor Signs Sports-Betting Into Law

Governor Andy Beshear signed a bill Friday to legalize sports betting in Kentucky, putting his signature on House Bill 551 less than a day after the Senate approved the measure on the final day of the 2023 legislative session.

March 31, 2023

New Hampshire Senate Gives Green Light To Online Casino Legislation

New Hampshire’s Senate became the first U.S. state legislative chamber in 2023 to pass legislation permitting online casino, but did so with one significant caveat.

March 31, 2023

Spanish Lawyers Label Royal Decree Disproportionate

Legal experts in Spain have said that the recent Royal Decree on Safer Gambling is disproportionate to the rates of problem gambling in the country.

March 31, 2023

News In Brief: March 27-March 31, 2023

The Greek gambling regulator will use AI to map problem gambling, a Canadian province reorganises its gambling market and a South Carolina sports-betting bill progresses.

March 30, 2023

All Change As Malaysia Moves To Break Up Touch ’N Go Transport Monopoly

As the Malaysian government moves towards ending Touch 'n Go's two-decade monopoly on toll booth and transport payments, how significantly will this affect the country’s wider payments market?

March 30, 2023

EPC Releases Rulebook For Multicurrency Instant Payments

The European Payments Council (EPC) has published the first One-Leg Out Instant Credit Transfer (OCT Inst) scheme rulebook, which governs how the euro leg of cross-border instant payments should work.

March 30, 2023

North Carolina Sports-Betting Bill Clears Chamber While Georgia Efforts Fade

One southeastern U.S. state took its biggest step yet toward sports-betting legalization, but another saw its 2023 session end with legislation dying once again.

March 30, 2023

Sprawling Czech Amendments Target Black Market

Newly-published amendments to Czech gambling law would give authorities powers to go after the black market, require licensed operators to display an emergency “panic button” at all times and ban many forms of bonuses.

March 30, 2023

Chilean Authority Warns Online Gambling Winnings Are Taxable

After denying allegedly illegal offshore operators the ability to pay digital VAT, Chile’s tax authority has reminded Chileans that they must still declare additional income from online gambling winnings.

March 30, 2023

Illinois VGT Czar Says Don't Hold Your Breath On Internet Gaming

The leader of the industry dominating the Illinois gaming market on Wednesday reiterated his firm opposition to bills in the state legislature seeking to legalize online casino games.

March 30, 2023

Chhattisgarh State Legalises Online Skill Gaming With Stakes

The Indian state of Chhattisgarh has legalised land-based and online skill gaming with stakes, becoming the third jurisdiction in the nation to codify online gambling after the state of Meghalaya withdrew its gaming law.

March 29, 2023

Long Road To Least-Cost Routing: RBA Publishes First Progress Report

As promised, the Reserve Bank of Australia (RBA) has begun publishing reports on the availability of least-cost routing for in-person debit card payments, in an effort to help merchants reduce costs.