Insights Archive

September 28, 2021

Ontario's Online Opening Breaks New Ground In Canadian Gambling Market

Ontario is weeks away from establishing Canada’s first online gambling licensing regime, although key policy questions still remain for a market that will be unique in North America.

September 28, 2021

Scientific Games Sells OpenBet To IMG Arena Owner for $1.2bn

Scientific Games announced on Monday that Endeavor would purchase its OpenBet business, capping a three-month process to divest its sports-betting division.

September 28, 2021

Czech Industry Self-Regulating After Government Analysis

A trade group in the Czech Republic representing nearly the entire licensed gambling market has embarked on a new sweeping harm reduction project, as the Ministry of Finance continues to push for more comprehensive online and advertising restrictions.

September 27, 2021

News In Brief - September 27, 2021

Sweden's financial regulator has diverged from the European Banking Authority's new anti-money laundering guidelines.

September 27, 2021

EU Data Supervisor Suggests AML Improvements

The EU’s data protection supervisor has struck a note of caution on the trading bloc’s newly-proposed anti-money laundering (AML) law.

September 27, 2021

China Clamps Down On Crypto Transactions

The People’s Bank of China, which regulates the banking sector of the world’s second largest economy, has declared on its website that all cryptocurrency transactions are illegal.

September 27, 2021

Ripple To Help Bhutan Fulfil Plans For CBDC

The Royal Monetary Authority of Bhutan has announced that it will be using Ripple’s blockchain technology to run its pilot scheme for a central bank digital currency.

September 27, 2021

Caesars NHL Jersey Ad Worries Responsible Gambling Advocates

Just over a month after the National Hockey League’s board of governors approved advertisements on players’ jerseys, beginning with the 2022-23 season, the Washington Capitals on Friday became the first franchise to announce a betting company as its jersey sponsor.

September 27, 2021

Finnish Parliament Finally Receives Lottery Act Amendments

Finland’s long-anticipated Lottery Act amendment was submitted to parliament on September 23, confirming the government's intent to bolster the country’s monopoly system.

September 27, 2021

Bolton Wanderers Cuts Gambling Ties

Another UK football team is cutting all ties with its gambling sponsors and partners, as talks of an impending shirt sponsorship ban and changes to the “white label” system populate the national media.

September 27, 2021

Tribal Gaming Conflict In Carolinas Proves Politics Makes Strange Bedfellows

A Democratic congressman who may be the person most responsible for the election of Joe Biden as President of the United States has introduced a bill to help a South Carolina tribe build a casino-resort in North Carolina.

September 24, 2021

Compliance With Data Access Requests - The Challenges

A business has to overcome numerous challenges when it receives a request for access to personal data and it has a short time in which to comply. However, if it makes a genuine endeavour to do so, its data protection regulator may be lenient towards it.

September 24, 2021

FCA Pins Hopes For Efficient Compliance On Blockchain

Regulatory reporting on the blockchain could ensure that compliance checks happen in real time, the chief executive of the UK’s Financial Conduct Authority (FCA) has said.

September 24, 2021

News In Brief - September 24, 2021

The California Privacy Protection Agency has swung into action by asking the public to submit comments related to any area on which it can issue rules. It is especially keen to hear suggestions about any regulations that it might make in accordance with the California Consumer Privacy Act 2018.

September 24, 2021

Lottoland Fined, Warned Over UK Failings

Lottoland has been fined £760,000 by the UK Gambling Commission, handed a formal warning and faces new licence conditions for failures in social responsibility and money laundering.

September 24, 2021

Nevada Operator Accepted Hundreds Of Improper Sports Bets, Regulator Says

Nevada gaming regulators have filed a complaint accusing Las Vegas-based Station Casinos of accepting hundreds of wagers on sports after the game’s outcome had been determined.

September 24, 2021

Tipico Fined In The Netherlands For Operating Without A Licence

The Netherlands Gambling Authority has fined Tipico, the Germany-focused sports betting operator, for operating in the Netherlands without a gambling licence.

September 24, 2021

No Future For The Risky VIP Business Model, Say Industry Leaders

Gambling industry CEOs want their businesses to be seen as entertainment providers, as they attempt to shift away from the regulatory scrutiny driven by VIP-based business models.

September 24, 2021

News In Brief: September 20-September 24, 2021

Sweden's regulator maintains its position on toughening advertising rules, Playtech ties up a Brazilian partnership and new gambling taxes are approved in the Philippines.

September 23, 2021

Coinbase Caves In...Surreptitiously

Coinbase has discontinued its Lend scheme, by which it planned to award users interest on the crypto-coins that they keep on its platform that they do not wish to trade at any particular moment. It has done so in a quiet update to a months-old blog post.

September 23, 2021

APP Fraud Spirals Upwards In UK

Fraud losses have risen by 30 percent, with a new emphasis on authorised push payment (APP) fraud, according to trade association UK Finance.