Insights Archive

September 13, 2021

Dutch Gambling Industry Hopes Agreement Can Head Off Ad Backlash

Dutch gambling industry executives are hoping a voluntary agreement can be forged with media and broadcasting officials that will fend off a potential “avalanche” of marketing and a resulting political backlash.

September 13, 2021

Nordic Restrictions Aid Unlicensed Operators, Argue Trade Groups

Restrictions across the Nordic region are being driven by politics as opposed to data and will force players to use unlicensed operators, according to the heads of the Swedish and Danish online trade groups.

September 10, 2021

News In Brief - September 10, 2021

The UK's Payment Systems Regulator has appointed two new senior advisors, and Cypriot authorities embrace blockchain and cryptocurrencies.

September 10, 2021

Ultimatum For Coinbase

Coinbase is in hot water with the U.S. Securities and Exchange Commission over its plans to award users interest on the crypto-coins that they are not trading at the moment.

September 10, 2021

Brush Up On Cyber Risks, EU Authorities Warn FIs

The financial sector is increasingly at risk from cyber-attacks, the European supervisory authorities have warned in their latest report on the subject.

September 10, 2021

Ontario Online Opening Draws Near As Sports-Betting Standards Set

Ontario’s gambling commission has published final standards for online sports betting and internet gaming and confirmed that operators will be able to start the application process to become regulated in the province as soon as Monday.

September 10, 2021

888 Says It's Keen On Keeping William Hill Shops

888 Holdings has affirmed its interest in keeping William Hill’s 1,400 stores, as its chief executive said it had rebuffed approaches to sell them.

September 10, 2021

Finnish Licensing Possible By 2026, Consultant Predicts

A change in political power could see a licensing system introduced in Finland as early as 2026, according to a former Veikkaus Oy VP turned local gambling consultant.

September 10, 2021

DC Lottery Needs Changes To Boost Sports-Betting Revenue

The DC Lottery’s sports-betting product is performing poorly, and the city should consider increasing the tax rate on private operators, as well as other structural changes, to assist the struggling program, according to a new report from D.C.’s independent monitor.

September 10, 2021

News In Brief: September 6-September 10, 2021

Netherlands licensees to be named in late September, Cypriot regulator wants gambling companies to embrace crypto and Japan's Yokohama is officially withdrawn from casino-resort contention.

September 9, 2021

China’s Personal Information Protection Law To Take Effect On November 1

Swingeing fines and the revocation of business permits are the order of the day for China's new data protection law, which stipulates that firms that are guilty of serious offences can pay fines of up to 50m renminbi (US$7.74m), or 5 percent of their annual turnover.

September 9, 2021

Bank Of England Gauges Pandemic’s Effect On Its Payment Systems

The Bank of England has published its Real Time Gross Settlement (RTGS) system and Clearing House Automated Payment System (CHAPS) annual report, which shows that the central bank's payments systems have remained resilient despite the depredations of COVID-19.

September 9, 2021

News In Brief - September 9, 2021

Adrienne Harris is to be the next leader of the New York State Department of Financial Services, while the U.S. Securities and Exchange Commission is investigating Uniswap, a global DeFi (decentralised finance) exchange.

September 9, 2021

Never Fans Of Sports Betting, Professional Athletes Rail About Cyberbullying

As legal sports betting continues to expand across the U.S., the National Football League opens its 2021 season Thursday, but athletes say they fear a new era of betting is helping fuel online hate.

September 9, 2021

888 To Pay £2.2bn For William Hill International

888 Holdings said it has agreed to buy the non-US operations of William Hill from owner Caesars Entertainment for an enterprise value of £2.2bn, including debt.

September 9, 2021

Ukrainian Commission On The Brink

Ukraine's gambling commission is in danger of collapse, with its mandate due to expire at the end of October and legal confusion blocking its renewal.

September 9, 2021

Swedish Trade Group Wants COVID-19 Gambling Restrictions Lifted

The Swedish Trade Association for Online Gambling (BOS) is asking the government to remove COVID-19 related online casino restrictions at the end of the month, in step with the lifting of many other pandemic measures, rather than on November 14.

September 9, 2021

Genius Sports Expects NFL Data Rights Deal To Be Profitable By 2022

Genius Sports executives have said the company’s exclusive partnership with the National Football League will be profitable by next year after questions from analysts regarding the company’s most significant North American sports partnership.

September 8, 2021

Mixed Results For SCA Compliance

Despite progress, various parts of the payments ecosystem in continental Europe have yet to implement strong customer authentication (SCA) fully — and this is also true in the UK.

September 8, 2021

News In Brief - September 8, 2021

Singapore and South Africa are warning the public against Binance. Compliance officers at payments firms ought to be on the lookout for unregulated customers and recipients of payments, such as the denizens of the Hong Kong Securities and Futures Commission's list of unregulated collective investment schemes. Meanwhile, the Australian Prudential Regulation Authority is making various previously private pieces of information about firms public.

September 8, 2021

Vietnam Mulls Expanding Football Betting Product, Online Sales

After years of stalling on a request for proposals for a sports-betting monopoly, Vietnam is moving to aggressively expand the number of football competitions permitted for bets, while flagging permission for online sales.