Insights Archive

March 23, 2022

Provincial Regulators Push South Africa's Online Casino Limits

Gambling watchdogs in South Africa's provinces are stretching their own rules on what they will permit within a traditional bookmaker's licence, going so far as to allow casino and card games with live dealer and RNG elements, adding fuel to a booming licensed online market.

March 23, 2022

Consensus Nears For Kansas Sports-Betting Bill

Currently, Kansas is one of 17 states without legalized sports betting in the U.S. but lawmakers hoping to change that unveiled a revised proposal on Tuesday for legalizing retail and mobile wagering at casinos, professional sports stadiums and convenience stores in the state.

March 23, 2022

German Survey: 2.3 Percent Have Gambling Disorder

An estimated 2.3 percent of the German population aged 18-70 years can be classified as having a “gambling disorder”, according to a country-wide gambling survey aimed at evaluating player protection measures.

March 23, 2022

Maine Poised To Give Tribes Monopoly On Online Sports Betting

Already blocked in Florida and facing an uphill battle in California, DraftKings and FanDuel could be locked out of Maine where legislation is moving to give Indian gaming tribes exclusive rights to online sports betting.

March 22, 2022

EBA Makes New PSD2, EMD Clarifications

The European Banking Authority (EBA) has released another batch of Q&A responses regarding the implementation of the revised Payment Services Directive (PSD2) and the Electronic Money Directive (EMD).

March 22, 2022

Barclays, Lloyds Found In Breach Of Open Banking API Order

The UK Competition and Markets Authority (CMA) has sent letters to Barclays and Lloyds after it found the two banks had breached open banking provisions.

March 22, 2022

Crypto Market Players Hail Wyoming Stablecoin Act

Wyoming is pushing forward with its plans to become the crypto capital of the United States as a bill that creates a state-backed stablecoin lands on the state governor’s desk.

March 22, 2022

UK Cybersecurity Agency Outlines Online Gambling Threats

Credential stuffing, DDoS attacks and phishing are the most common cybersecurity threats to the UK online gambling industry, according to a report commissioned by the National Cyber Security Centre.

March 22, 2022

Unregulated Skill-Games Operators In Virginia Face Criminal Charges

In the latest battle in a fierce war over unregulated gaming devices, operators of supposedly skill-based games in a rural Virginia county have been given 15 days to cease operations, or face being charged with a felony, according to a letter issued by the local county attorney’s office.

March 22, 2022

Camelot Fined £3m Over App Glitches

The UK’s soon to be replaced National Lottery operator Camelot has been fined £3.15m after it sent marketing messages to thousands of at-risk players, among other problems linked to its mobile app.

March 21, 2022

Ukraine Embraces Crypto In Resistance Against Russia

Ukraine has adopted a law legalising cryptocurrencies after its usage has helped the country hold up its defences against Russian aggression.

March 21, 2022

Brace For Impact: The UK’s New Dirty Money Laws

The long-awaited Economic Crime Bill has received royal assent and will begin to feed into compliance decisions, but just how much will change and how easy will it be to enforce?

March 21, 2022

ECB Looking For Experts For Digital Euro Design

The European Central Bank (ECB) is looking for technology experts to investigate the design of a potential eurozone central bank digital currency.

March 21, 2022

FCA Hunts For Crypto Chief As It Redoubles Focus On The Emerging Tech

In a move that highlights the growing regulatory focus on crypto-assets, the UK's Financial Conduct Authority (FCA) has begun a search for a new head to lead a department dedicated to the supervision of crypto-related businesses.

March 21, 2022

Taiwan Court Convicts Two For Online Gaming Customer Support

A Taiwanese court has convicted two Suncity-linked individuals of providing customer support for a live baccarat website out of the Philippines, offering a first hard indication that broad junket-style gambling services breach Taiwanese law.

March 21, 2022

Kentucky House Passes Sports-Betting, Grey-Market Games Bills

Kentucky took a step toward legalizing sports betting and banning grey-market slot machines on Friday after the state's House of Representatives approved two bills, but left decisions on proposals to establish a problem gambling fund and reset taxes on pari-mutuel wagering for another day.

March 21, 2022

Chancellor Raises Racing Industry Concerns Over UK Gambling Review

Chancellor Rishi Sunak has raised concerns that the review of UK gambling laws could have a dramatic impact on the racing industry.

March 18, 2022

German Competition Watchdog To Allow Further Development Of Giropay

The Bundeskartellamt, Germany’s antitrust authority, has said it has no objections to the further development of the giropay online payment system after the payment service provider conceded on initial plans for an exclusivity agreement.

March 18, 2022

Week In Brief - March 18, 2022

A short roundup of some of the week's payments news you may have missed. This week we look at further growth of UK contactless payments, the United States spearhead’s Russian oligarch taskforce, the exemption of Australian banks from crypto registration and whether the EU might crackdown on use of personal data for targeted advertising.

March 18, 2022

NY Regulator Fines MoneyGram For AML Failures

MoneyGram has been slapped with a fine after it failed to properly supervise agents engaging in suspicious transactions to China, New York’s state regulator has announced.

March 18, 2022

Ohio Regulators Not Expecting To Max Out Sports-Betting Licenses

Despite a plethora of opportunities for sports-betting operators to gain access to the lucrative Ohio market, gaming regulators expect the Buckeye State to ultimately follow in line with established U.S. jurisdictions.