Insights Archive

November 24, 2022

UK Gambling Minister Says Regulators Should Engage With Industry

The new UK gambling minister has endorsed a view that gambling should not be treated like tobacco and that regulators should engage with the industry to help develop policy.

November 24, 2022

An Ailing Bolsonaro Could Delay Brazil's Legislative Agenda

The mysterious health struggles of outgoing Brazilian President Jair Bolsonaro could threaten the timeline of the legislative agenda, including signing off on the sports-betting regulatory decree.

November 24, 2022

News In Brief: November 21-November 25, 2022

NHS (National Health Service) England said it has opened two new gambling clinics,

November 23, 2022

Regulate Before The Next FTX, Warns Bank of England’s Cunliffe

The crypto platform’s downfall has only enhanced the need for regulation, the Bank of England’s deputy governor has said, while also discussing the possibility of a digital pound.

November 23, 2022

New Industry Body For Credit Info Agencies Needed, Says FCA

The UK’s Financial Conduct Authority (FCA) has set out proposals to improve the credit information sector so it can deliver higher quality and more comprehensive information for consumers and firms.

November 23, 2022

New Visa CEO Sees Growth Potential In US, Emerging Markets, B2B Payments

Ahead of taking the reins at Visa, incoming CEO Ryan McInerney highlights the "enormous opportunity" he sees for growth and expansion in both emerging and developed markets respectively.

November 23, 2022

Sweden Fines Kindred, ATG, Pinnacle For Money Laundering Failures

The Swedish Gambling Authority has penalised three gambling operators for failings in anti-money laundering and anti-terrorist financing efforts, including Kindred’s Spooniker and the part government-owned ATG horseracing company.

November 23, 2022

Michigan Lottery Director Helped Democrats Hold U.S. Senate

The most vivid example of the gaming industry’s growing influence on state and national politics may be the slim majority held by Democrats in the United States Senate.

November 23, 2022

India State Ministers Back Turnover Tax On Online Gaming

Indian state ministers responsible for taxation are closing in on a 28 percent goods and services tax on online gaming turnover, a worst case scenario for the industry that may trigger legal action.

November 23, 2022

Maryland Set To Launch Mobile Betting Wednesday Morning

After a two-year wait, state-wide mobile betting in Maryland is finally set to launch, with seven operators expected to go live.

November 23, 2022

Polish Football Flags Fears Over International Match-Fixing Syndicates

The Polish Football Association is cooperating with the country’s law enforcement to thwart what it describes as a rising wave of match-fixing by international criminal groups who earn substantial winnings from bets.

November 23, 2022

Spain Issues 53 Sanctions In First Half To Online Operators

Spain’s Ministry of Consumer Affairs has announced that the General Directorate for the Regulation of Gambling closed 21 gambling web platforms and levied more than €88m in fines in the first half of 2022.

November 22, 2022

Australia’s Treasury Proposes Removing Credit Act Loophole For BNPL Providers

In a new review of buy now, pay later (BNPL) regulation, Australia’s Treasury calls time on a key loophole that has allowed the industry to remain outside traditional lending rules.

November 22, 2022

Digital Euro Brings Little Added Value, Complains Dutch Banking Association

The Dutch Banking Association has openly criticised the European Central Bank’s digital euro project, bringing some of the private concerns of many in the payments industry out into the open.

November 22, 2022

Canada Lays Out Supervisory Expectations For Payment Firms

One year after Canada introduced new legislation for retail payment activities, the central bank has set out how it plans to supervise payment service providers.

November 22, 2022

New UK Lottery Operator Must Reform Player Protection And Charitable Links, Say MPs

New UK National Lottery operator Allwyn must do more to protect players from gambling harm and pay more to GambleAware after a “poorly managed” tender, MPs have said.

November 22, 2022

American Gaming Association Claims Mischaracterizations In New York Times Series

The New York Times published its long-awaited series on the expansion of sports betting in the United States this weekend, criticizing the industry for overly lofty projections for tax revenues and marketing partnerships that target college students.

November 22, 2022

Islamic Party's Success Jeopardises Online Reform In Malaysia

The possibility of online gambling regulation in Malaysia may have been extinguished for the foreseeable future, following shock gains by a leading Islamic party in Saturday’s national elections.

November 22, 2022

U.S. Federal Court Rules Horseracing Integrity And Safety Act Unconstitutional

The Horseracing Integrity and Safety Act, a federal anti-doping law enacted in 2020 that created a private agency to regulate the industry, has been struck down by a federal appeals court as an unconstitutional delegation of government power to a private entity.

November 22, 2022

Massachusetts Receives 12 Applications For Mobile Sports-Betting Licenses

Despite heavy early interest from operators, Massachusetts’s gaming regulator reported Monday that it had received fewer applications than available slots for mobile sports-betting licenses.

November 21, 2022

It’s A No From Me! Lithuania President Vetoes Payments Law

Data protection problems prevent amendments to payments law coming into effect in Lithuania, as the legislation heads back to the country’s parliament.