Insights Archive

November 20, 2024

Report Finds U.S. Sports-Betting Kiosks Offer Little Economic Benefit

Sports-betting kiosks are likely to remain limited to inside Massachusetts’ three land-based casinos, after a new report has found that any expansion of the self-service wagering terminals into retail locations would result in little added benefit to the state.

November 20, 2024

Colombia Goes After Unauthorised Influencers

Colombian regulator Coljuegos has begun sanction proceedings against 35 influencers and companies suspected of operating promotions through their social-media channels without permission and without paying the associated fees.

November 20, 2024

US Lawmakers Urge FinCEN To Suspend Beneficial Ownership Reporting Rules

More than 40 lawmakers have written to the US Treasury to ask for a delay on new reporting requirements related to beneficial ownership information.

November 20, 2024

Cash Payment Costs Treble Those Of Debit Cards, Warns Dutch Payments Association

The Dutch Payments Association has reported that the gap between the costs of cash and debit card payments in the Netherlands is widening, with significant implications for both consumers and merchants.

November 20, 2024

Industry Urges EU To Address Authorisation Delays Ahead Of MiCA Implementation

Leading fintech industry associations have expressed urgent concerns about delays in the adoption of key regulatory technical standards under the Markets in Crypto-Assets Regulation (MiCA).

November 20, 2024

500.com Successor Fined Over Japan Bribery, Ex-CEO Indicted

The former CEO of a once-high-flying company that led online lottery operations in China and eyed integrated resort operations in Japan has been indicted in the US for allegedly bribing Japanese officials.

November 20, 2024

Turkish Football Association Threatens Fines Over Offshore Ads

In a bid to combat unlicensed gambling operators that advertise their services during sports events, the Turkish Football Association has released new guidelines on illegal bookmaking advertising by the country’s clubs.

November 20, 2024

Brazil Consumer Watchdog Imposes Immediate Ban On Bonuses

Brazil-facing operators have been ordered to immediately cease offering bonuses to players, just days after the country’s chief betting regulator called on the industry to voluntarily comply with forthcoming restrictions.

November 19, 2024

Pennsylvania Gaming Regulator May Ease Self-Exclusion Rules

A significant change to Pennsylvania’s self-exclusion rules proposed by state gaming regulators is causing alarm among problem gambling experts.

November 19, 2024

Spain Issues €65m Worth Of Fines In H1 2024

Spain’s Directorate General for the Regulation of Gambling has published the 15 sanctions totalling €65,325,000 that it administered in the first half of the year in the online gambling sector, 13 of which were categorised as very serious.

November 19, 2024

Italy Rebuffs Malta To Press Ahead With Licensing Law

Italy’s government has issued a point-by-point refutation of Malta’s detailed opinion on its new gambling law, pledging to press ahead with issuing new concessions in the coming weeks.

November 19, 2024

Veikkaus Faces Potential €2.9m Fine For Advertising Violation

Finnish exclusive rights holder Veikkaus has been warned that it faces a potential fine of €2.9m for marketing on TV programmes that may appeal to people under the age of 18 and handed a three-month advertising ban.

November 19, 2024

Daily Dash: Spain Becomes First Market To Fully Connect With EU Instant Payments Scheme

Spain’s Iberpay has announced that the Spanish banking sector is now fully connected with the European Payments Council’s One-Leg Out instant payments scheme.

November 19, 2024

Daily Dash: EU Authorities Set April 30 Deadline For Designating Critical ICT Service Providers Under DORA

The European supervisory authorities, consisting of regulators such as the European Banking Authority, have outlined their timeline for designating critical ICT third-party service providers under the Digital Operational Resilience Act (DORA).

November 19, 2024

EBA Unveils Final Guidelines To Strengthen EU Sanctions Compliance

The European Banking Authority has issued landmark guidelines setting EU-wide standards for financial institutions, payment service providers and crypto-asset service providers.

November 19, 2024

UK Chancellor Calls On FCA To Champion Financial Inclusion And Drive Growth

In a letter to the Financial Conduct Authority (FCA), finance minister Rachel Reeves has changed the government’s position on the regulator’s oversight of financial inclusion, while stating that financial services are a catalyst for growth.

November 19, 2024

Australia To Mandate Cash Acceptance For Essential Items

Australia’s Labor government has announced that it plans to mandate cash acceptance for purchases of essential items such as food, fuel and medicine.

November 18, 2024

France's Land-Based Casinos Insist On Being Part Of Online Regulation

France’s powerful casino lobby continues to flex its muscles, calling into question if online casino games will ever be regulated in the country without its explicit involvement and approval.

November 18, 2024

U.S. Researchers Seek Player Data To Tackle Student Sports-Betting Growth

The growth of online sports betting among U.S. college students has academics concerned about the increasing rates of problem gambling on campus and having enough access to player data and research funding to effectively study its impact.

November 18, 2024

Leave Crypto Unregulated At Your Peril, Execs Warns Rulemakers

Gambling regulators and financial services are leaving a path open to the black market by preventing licensed operators from offering cryptocurrency gambling, executives have warned.

November 18, 2024

South African Remote Gambling Bill 'Revived'

South Africa’s Democratic Alliance Party is reviving its draft bill to regulate online gambling and has invited comments on its proposal.