Archived Insights

Finance Denmark, the country’s banking association, has agreed on a new sector plan that will see it replaced by cross-border platform P27 as the country’s clearinghouse.

Sweden’s economic crime watchdog is pressing charges against former Swedbank chief executive, Birgitte Bonnesen, as a consequence of what it deems misleading claims following anti-money laundering (AML) failings in Estonia.

The use of legacy systems and negligence by the management team of Nationwide Building Society could be behind the repeated payment outages during the Christmas holiday.<br />

Mexico’s recent announcement to adopt a central bank digital currency (CBDC) shows that Latin American countries are more likely to adopt their own digital currencies than follow suit with El Salvador’s controversial Bitcoin experiment.

The Mashpee Wampanoag Tribe’s stalled plans to build a major casino-resort on reservation lands in Massachusetts could be revived after the U.S. Department of the Interior’s assistant secretary for Indian affairs confirmed the legal status of the tribe’s reservation.

After a strong 2021 that saw almost a dozen states either legalize sports wagering or add mobile betting, the focus in 2022 shifts to the future of sports betting in the United States’ most coveted and largest markets.

​​​​​​​No virtual slots or poker licences have been issued in Germany so far, according to records of the agency processing applications.

The chairman of the Federal Deposit Insurance Corporation has announced her resignation after the main federal financial regulators accused each other of a power grab in a debate over bank merger rules.

Although payment service providers do not abuse de-risking practices, there is room for improvement, Lithuania’s central bank has concluded as it starts 2022 with a new survey on the issue.

In one way or another, most central banks have now come to an affirmative decision on taking fiat money into the digital sphere. However, apart from a few stand out launches and trials, the prospect of a central bank digital currency (CBDC) in some of the world’s largest economies still looks to be a long way off.

The crypto platform that until recently has been known for its catch-me-if-you-can approach has announced that it has received a green light to operate in Bahrain and Canada.

Cambodian police have arrested at least 30 people as protests over casino operator NagaCorp’s firing of 1,300 employees enter their third week, prompting US government support for the sacked workers.

With COVID-19 cases surging, the Swedish government is planning to re-impose deposit limits on online casino games and slot machines away from casinos, but at tighter levels than previously.

As the gaming industry welcomes a new year, the only constant theme within the business, whether in sports betting or commercial and tribal casino gaming, is a high volume of change that industry observers believe will continue in 2022.

Paying a tax on lottery winnings in Poland will depend on employment status, following a ruling from the country’s top court.

Playtech has postponed a special meeting to approve an offer from Aristocrat Leisure to give another potential acquirer, JKO Play, time to develop a potential bid.

As cryptocurrency use continues to grow, regulators are adapting existing regulations for the crypto world, focusing on mitigating money laundering risks and enhancing consumer protections to match the security of payments in fiat currency. However, because of the challenges of effectively regulating crypto activities, money laundering may continue underground, prompting authorities to impose bans on cryptocurrency activity and provide their own central bank digital currency, as several countries have already done. This analysis seeks to understand the current state of the actions that legislators in the UK and EU are taking to regulate and limit the money laundering capability of cryptocurrencies.

The Eastern European nation of Georgia has introduced stringent new rules across its gambling sector, including an advertising prohibition and new taxes for online casino players.

Arkansas regulators have unanimously approved rules that will open the door for mobile sports betting in the state but kept a provision that could prevent many of the industry’s most familiar names from participating.

Senior officials depart the Malta Gaming Authority, a trio of appointments at the Florida gaming regulator and Wynn Macau names its new CEO.

The U.S. gaming industry is unlikely to ever have a more powerful government official as its advocate and defender than former U.S. Senator Harry Reid of Nevada, who died of pancreatic cancer on December 28, just after his 82nd birthday.