Insights Archive

February 1, 2023

Maine Broadcasters, Tribes Oppose Restrictions On Sports-Betting Advertising

Maine’s recently released draft sports-betting regulations have caused television stations and gaming tribes to push back on proposed strict limits on ads outside live sporting events and bans on advertising of promotions and bonuses.

February 1, 2023

Sports Betting Reigns In China In 2022 Amid World Cup Boost

Sports betting has surpassed lotto products as the most lucrative Chinese lottery segment on an annual basis for the first time, boosted by the 2022 FIFA World Cup and a likely surge in sales following the end of pandemic lockdowns.

February 1, 2023

European Commission Receives Sweden Payment Blocking Proposal

The Swedish government is looking to simplify existing gambling payment-blocking rules in a bid to strengthen controls to prevent consumers from playing with unlicensed operators online.

February 1, 2023

London May Lose ICE Conference From 2025

Clarion Gaming has announced a short list of cities as potential future sites for the ICE gambling conference from 2025, a step which could lead to it being moved from its London home after decades in residence.

February 1, 2023

FanDuel, DraftKings Push For New York Tax Reduction

Top executives for New York’s two highest-grossing online sportsbook operators made their case Tuesday to New York legislators that the state’s 51 percent tax rate is unsustainable.

February 1, 2023

Swedish Keno, Lotto Draws Are Ads, Says Broadcast Committee

The Swedish review committee for radio and television has deemed TV4's broadcasts of the Keno and Lotto draws, operated by state-owned Svenska Spel, to be advertising.

January 31, 2023

US Fed Rejects Crypto Bank’s Application After Two-Year Wait

The US Federal Reserve Board has denied an application from Custodia Bank, a major digital asset bank, to become a member of the Federal Reserve System, citing “safety and soundness” risks.

January 31, 2023

FCA Data Shows 85 Percent Of Attempted Crypto Registrations Fail

The UK Financial Conduct Authority (FCA) has published new data showing that the vast majority of registration applications by crypto firms are either refused, withdrawn or rejected.

January 31, 2023

EBA Answers Further SCA Queries

The European Banking Authority (EBA) has published answers to four further questions regarding strong customer authentication (SCA) requirements.

January 31, 2023

US Agency Launches Credit Cards Market Review

The Consumer Financial Protection Bureau has launched a public consultation as part of its biennial look into how well the country’s consumer credit card market is functioning.

January 31, 2023

Chile's Online Operators Ask For Tax Break

The Economy Commission in Chile's Chamber of Deputies has continued to receive testimony from gambling industry experts as lawmakers evaluate a bill that would regulate and legalise online gambling.

January 31, 2023

Massachusetts Casinos Set To Launch Retail Sports Betting

The first legal sports bets are set to be accepted in Massachusetts on Tuesday, but one of the most hotly debated issues in the state remains undecided by state regulators as they enter a new phase of the sports-betting conversation.

January 31, 2023

ClubsNSW CEO Sacked Over 'Catholic Gut' Jibe At Premier

The CEO of ClubsNSW, Australia’s most formidable gambling lobby, has been sacked after criticising the “Catholic gut” of the New South Wales (NSW) state premier regarding cashless gambling reform.

January 31, 2023

Hawaii Lawmaker Calls For Ban On Nevada Casino Advertising

A Hawaiian lawmaker is proposing a ban on Nevada casino companies advertising in the state, arguing that Hawaii carries an economic burden due to problem gambling as residents make hundreds of thousands of trips annually to gamble in Las Vegas.

January 31, 2023

Liechtenstein Votes Against Casino Ban

Voters in Liechtenstein have overwhelmingly rejected a proposed ban on casinos in a referendum on Sunday, according to election data published by the government.

January 30, 2023

UPDATE: Google India Will Open Up In-App Payments Market, But Its Appeal Goes On

Google India has informed the country’s competition watchdog that it will make changes to its in-app payments policies as instructed, but will continue to appeal against other regulatory directives.

January 30, 2023

Fintech Spat: Wise Reported To CMA For Unfair Practices

Atlantic Money, a start-up money transfer firm, has filed a complaint with the UK’s antitrust watchdog over what it believes are anti-competitive practices by its larger competitor.

January 30, 2023

Fintechs Ask For Screen-Scraping In US Open Banking Framework

The Financial Technology Association has asked the Consumer Financial Protection Bureau to allow the use of screen-scraping, in addition to secure APIs, when it crafts the country’s open banking rules.

January 30, 2023

Markets Pin Hope On 2023 For Open Banking Success

There is optimism among payments players that this year will deliver innovation for the open banking ecosystem, with variable recurring payments at the top of the list.

January 30, 2023

Some 888 Middle East VIP Activities Suspended As CEO Quits

Online gambling operator 888 Holdings has suspended VIP activities in a small selection of its online markets and announced the immediate change of its CEO.

January 30, 2023

New Jersey Slow To Respond To New York City Casinos

The process of bidding for three casino licenses in the New York City area is moving forward, but the same cannot be said for a potential counteroffensive on the west side of the Hudson River in northern New Jersey.