Insights Archive

November 5, 2021

U.S. Gaming Industry Cautious On Cryptocurrency Wagering

Bill Miller, president and CEO of the American Gaming Association, believes the adoption of digital payments has been key in the industry’s recovery from the coronavirus pandemic but operators are still trying to figure out a future role for cryptocurrencies on the casino floor.

November 5, 2021

Rate Of Card Fraud Down As Payments Go Digital

New statistics published by the European Central Bank have found that the rate of card fraud has reduced in the EU, even as more payments move online.

November 5, 2021

Future Of Tribal Gaming At Stake In Florida Compact Court Hearing

Two lawsuits by Florida groups challenging the historic gambling compact negotiated by the Seminole Tribe with Republican Governor Ron DeSantis will be discussed this morning in a teleconference with U.S. District Judge Dabney Friedrich of Washington, D.C.

November 5, 2021

New York To Select Sports-Betting Operators For High-Tax Market

The New York State Gaming Commission is set to approve the winning bidders for a minimum of four mobile sports-betting licenses at a meeting on Monday.

November 5, 2021

U.S. Gaming Industry Cautious On Cryptocurrency Wagering

November 5, 2021

Curaçao Trying Again To Reform Controversial Licensing System

Under pressure from the Dutch government, Curaçao is preparing a second attempt at reform of its decades-old, much-criticised gambling legislation, VIXIO GamblingCompliance has learned.

November 5, 2021

News In Brief: November 1-November 5, 2021

A Northern Irish political pressure group has recommended full affordability measures be introduced and Maryland disappoints again on sports-betting progress.

November 4, 2021

MAS Faces Post-Pandora Papers Questions

Singaporean parliamentarians have probed the Monetary Authority of Singapore (MAS) about how effective it is at tackling money laundering and terrorist financing in light of the Pandora Papers.

November 4, 2021

Data-Driven Industry Needs Data-Led Regulator - FCA Chief Data Officer

The UK Financial Conduct Authority (FCA) is using machine learning and artificial intelligence to identify patterns that can result in consumer harm as it transforms the regulator’s data culture and capabilities, Jessica Rusu, FCA chief data, information and intelligence officer, said in a speech.

November 4, 2021

IFR Not Working For Smaller And Medium-Sized Merchants, PSR Report Finds

UK merchants with annual card turnover of between £15,000 and £50m served by the five largest acquirers get little or no pass-through of the Interchange Fee Regulation (IFR) savings, meaning that the supply of card acquiring services is not working well for them, a Payment Systems Regulator (PSR) report has concluded.

November 4, 2021

Experts Tell Congress Of Growing BNPL Risks

U.S. lawmakers have placed the rapidly growing buy now, pay later (BNPL) market on their regulatory agenda, discussing for the first time in Congress concerns related to data collection and credit reporting practices of BNPL companies.

November 4, 2021

New Jersey Moves Closer To Becoming Internet Gambling's Silicon Valley

Three years ago it sounded like a fantasy, but New Jersey’s steady dominance in sports betting is increasing the buzz about the Garden State becoming the Silicon Valley of the online gaming industry.

November 4, 2021

Probe Launched After Sky Bet Emails Bonus Offer To Excluded Players

The UK Gambling Commission has pledged to investigate how an online casino mistakenly offered free spins to recovering addicts during the industry’s annual Safer Gambling Week.

November 4, 2021

MGM Looking To Sell Mirage, Not Buy Out BetMGM Venture

MGM Resorts International on Wednesday announced that it plans to sell one of its iconic Las Vegas Strip properties, but also indicated that buying out the other half of its BetMGM joint venture is not on the company’s immediate list of priorities.

November 4, 2021

Danish Lawmakers Introducing Raft Of Player Protection Changes

Danish lawmakers have agreed to introduce a “player card” for land-based gambling activities, meaning consumers will have to register with betting providers before they can gamble.

November 3, 2021

’They Shouldn’t Have Purchased It In The First Place’ - ING Winds Down Payvision

The ING Group, the Netherlands largest bank, has announced that it will begin phasing out its subsidiary, Payvision, acknowledging that the payment service provider has not been sufficient for achieving its ambitions.

November 3, 2021

Klarna’s Acquisition Of PriceRunner Helps Payments ’Move Up The Funnel’

Klarna’s bid for PriceRunner, along with other rumoured M&A activity, highlights the growing trend for fintechs to attempt to grab a bigger share of e-commerce and bring the shopping experience closer to the payment.

November 3, 2021

Estonia And Denmark Regulators Helped Vote Down EBA’s Proposal That They Broke EU Law, Documents Show

Although the vote was originally taken by European supervisors in 2019, it has only just been made public and makes for questionable reading.

November 3, 2021

U.S. Report Proposes Bank-Like Oversight Of Stablecoin Activities

A U.S. interagency report recommends bank-like oversight of stablecoin activities, urging Congress to take “prompt” actions.<br />

November 3, 2021

New Jersey Voters Reject College Sports-Betting Ballot Measure

New Jersey will continue to prohibit bets on in-state college teams after a ballot measure to lift the ban was rejected by state voters on Tuesday.

November 3, 2021

Worst Gambling Act Fears Unlikely To Be Realised, Says Rank CEO

As the UK gambling industry frets over how to improve its woeful public perception, one of the sector’s leading chief executives has sought to dampen fears over the outcome of the pending Gambling Act review.