Insights Archive

April 1, 2022

Personnel Moves - March 2022

Former MGA staffer Yanica Sant joins William Hill, Trinidad and Tobago appoints its first regulators and Malawi appoints a new gaming board head.

March 31, 2022

Brace Yourself For More Aggressive UK Sanctions Enforcement

The UK’s approach to sanctions enforcement is changing after a recent law amendment has imposed strict liability on businesses and made it easier for authorities to issue fines.

March 31, 2022

Dutch Central Bank Talks Back-Up Plans In New Payments Strategy

Notwithstanding a focus on EU integration and global cooperation, De Nederlandsche Bank has used its new strategy document for payments to make safeguarding trust a priority.

March 31, 2022

N26 Further Setback After Restrictions Imposed By Italian Watchdog

The German challenger bank is again in hot water with EU regulators as the Banca d'Italia places a ban on it onboarding new customers or launching new products.

March 31, 2022

FCA Extends Temporary Regime For Crypto Registration

Twelve crypto firms in limbo over their UK registration can now continue to operate as the Financial Conduct Authority has taken the last-minute decision to extend its temporary registration regime for crypto firms.

March 31, 2022

Ontario Bonus Limits Change Launch Model Compared To U.S.

While Ontario’s new online gaming market is set to launch on Monday with operators that include many of the leaders in the neighboring United States, the path to building market share will be a different one than the typically bonus-heavy American approach.

March 31, 2022

Cyprus Rebounding From COVID-19, Says Betting Authority

Gambling in Cyprus has “quite quickly” recovered to pre-COVID levels, according to the latest figures released by the National Betting Authority and the country’s only licensed casino operator, Melco.

March 31, 2022

Oklahoma Tribes Supportive Of Sports Betting, Relationship With Governor Remains Strained

Matthew Morgan, chairman of the Oklahoma Indian Gaming Association, believes gaming tribes will support efforts to legalize sports betting but it remains questionable if the current governor would even sign a bill.

March 30, 2022

Australia Names First In Line For Magnitsky Sanctions

Australia has sanctioned 39 Russians accused of serious corruption and involvement in the death and abuse of the lawyer Sergei Magnitsky, the foreign minister has announced.

March 30, 2022

‘I Told You So’: Reactions To EPI’s Card Abandonment

The European Payments Initiative (EPI) has pulled away from cards after half of its shareholders quit, which nobody is surprised by, but what comes next for the EU’s payments strategy?

March 30, 2022

Russian Regulators Strike Back Against Sanctions

Russian regulatory actions initially aimed at softening the blow of sanctions has now become a full on battle to save the Russian rouble, while the government imposes retaliatory measures against foreign governments, businesses and individuals.

March 30, 2022

U.S. To Go Its Own Way In Open Banking And Finance Initiatives

This analysis outlines key developments of open banking and finance in the U.S. at the federal level and what is to come. This includes the work currently being carried out by the Consumer Financial Protection Bureau (CFPB) to improve consumers’ access to their data and build the foundation for the U.S.’ open banking regulatory framework.

March 30, 2022

Crypto, Card Acquiring And Fraud Take Centre Stage In PSR Annual Plan

Shaping new crypto regulations, improving the card-acquiring market and preventing fraud are some of the seven key projects the UK's Payment Systems Regulator (PSR) is planning to focus on in the year ahead.

March 30, 2022

Ukraine Demands Gambling Industry Severs Ties With Russia

Ukraine’s gambling regulator has praised operator Parimatch for completing its withdrawal from the Russian market and urged other industry stakeholders to cut all ties with the country.

March 30, 2022

Kansas Sports-Betting Bill In Flux Before Friday Deadline

Legislation to permit sports betting in Kansas experienced a rollercoaster ride on Tuesday that leaves its status uncertain as a key legislative deadline approaches this week.

March 30, 2022

Huddleston Cautious On Affordability In Latest UK Debate

As the long wait for the UK white paper persists, politicians continue to debate the big issues, with the minister overseeing the review appearing to tread a careful line on affordability checks and advertising.

March 30, 2022

Seneca Nation Accuses New York Of Forcing Payment To Resolve Gaming Compact Dispute

The Seneca Nation claims New York officials employed coercive tactics to force a vote this week by the tribe’s council to pay the state almost $565m to resolve a gambling compact dispute.

March 29, 2022

BoE Teams Up With MIT To Explore CBDC Tech Design

The Bank of England (BoE) has become the latest central bank to partner with the Massachusetts Institute of Technology (MIT) to explore technical aspects of a central bank digital currency (CBDC).

March 29, 2022

EU AML Body Should Have Powers To Regulate Crypto, EBA Chair Suggests

The rapid growth of crypto-assets in the EU needs to be accounted for in the trading bloc’s financial crime package, the EU’s banking watchdog chief has suggested in a letter to co-legislators.

March 29, 2022

’We Need To Think Ahead’: Key EU Regulators Make Biggest PSD3 Hints So Far

The Payment Services Directive has become a worldwide reference point, according to the European Commission’s financial services chief, but time has come for reform.

March 29, 2022

Experts Sceptical Over Transatlantic Data Privacy Pact

Although the new EU-U.S. "in principle" agreement is a significant step to enabling transatlantic data flow, there is still very little known about the specifics, leaving experts wondering whether the new framework will fall short of addressing EU concerns about surveillance and privacy.