Insights Archive

November 19, 2021

Arkansas Mobile Sports-Betting Rules Include Restrictive Revenue-Share Provision

Arkansas regulators voted Thursday to take the first step toward permitting mobile sports betting in the state, but potential operators expressed concern about a provision that would keep a majority of mobile revenues in the hands of Arkansas casinos.

November 19, 2021

Blackstone Offers $5.5bn In Third Bid To Buy Out Crown Resorts

Financial services heavyweight The Blackstone Group has launched a third attempt to acquire struggling Australian casino operator Crown Resorts.

November 19, 2021

News In Brief: November 15-November 19, 2021

British police warn against a growing trend of lottery fraud and Maryland issues delayed sports-betting licenses.

November 18, 2021

MEP Stresses Importance Of Full Implementation And Strong Enforcement Of EU AML Package

The EU has a chance to fill the gaps in its anti-money laundering (AML) framework, but it requires full implementation, strong enforcement and cooperation, the co-rapporteur of the proposal has said.

November 18, 2021

Visa Denied! Amazon To Start Blocking UK Payments From US Card Giant

In a case of bigtech v big scheme, Visa’s credit cards will no longer be able to be used for transactions on Amazon’s platform.

November 18, 2021

Rabobank To Face AML Action From Dutch Regulator

The Dutch central bank is due to discipline the Netherlands second-largest bank for failure in its anti-money laundering compliance, the financial institution has announced.

November 18, 2021

More Crypto Players Lay Out Vision For Crypto Regulation

Following the lead of Coinbase, Ripple and Binance have now set out their views on how regulators should approach the booming crypto sector. Ripple is calling for rulemakers to use the current regulatory framework, while Binance releases its ten fundamental rights for crypto users that regulation should acknowledge.

November 18, 2021

Sweden's Number Of 'Risky Gamblers' Stable For Years

The amount of “risky gamblers” in Sweden has remained consistent over the past three years, according to the latest data released by the Swedish Public Health Agency.

November 18, 2021

Flutter Acquires UK Bingo Specialist Tombola

Flutter Entertainment said it has acquired Tombola, the UK-based online bingo specialist, for an enterprise value of £402m.

November 18, 2021

Australia's Tabcorp Warned Over Illegal In-Play Bets

Australia’s national online gaming regulator has issued a formal warning to wagering and lottery giant Tabcorp Holdings for accepting online in-play bets and paying out winnings on the illegal activity.

November 18, 2021

Online Operators Exploring 'Underserved' U.S. Hispanic Market

At least three companies are preparing to target the U.S. Hispanic market for sports betting and online gaming, even as market-access opportunities in key states appear to be limited.

November 17, 2021

EBA Payments Chief Gives ’Warring Factions’ A Dressing Down

The industry had five years to understand and develop their strong customer authentication, and they failed, a senior official at the European Banking Authority (EBA) has said.

November 17, 2021

CBDC Must Not Threaten Stablecoins, House Republicans Say In CBDC Principles

Republicans in the House Financial Services Committee have set out four principles for a potential central bank digital currency (CBDC) aimed at preserving the role of the United States in the global payments system.

November 17, 2021

We Don’t Want To Be Visa Or Mastercard, EPI Chief Warns

The European Payments Initiative (EPI) will not be easy to fulfil but that does not mean it is not necessary, Martina Weimert, the interim company's chief executive, has said.

November 17, 2021

CMA Agrees To Delay Variable Recurring Payments For Sweeping

The UK Competition and Markets Authority (CMA) has decided to postpone the introduction of variable recurring payments by six months, recognising that the largest banks are not ready to implement the service by January.

November 17, 2021

Tribal Casinos Losing Millions In Ransomware Attacks

Ransomware groups have made hundreds of millions of dollars from attacks on tribal casinos in North America over the last two years, with these incidents leading to operational disruptions, theft of player data and financial losses, a cybersecurity expert has said.

November 17, 2021

Finnish Problem Gambling Rate At All-time Low, Says Veikkaus

Finnish gambling monopoly Veikkaus has said problem gambling rates among slots players are at an all-time low as a result of the impact of restrictive consumer protection measures introduced over the past few years.

November 17, 2021

Maryland Sports-Betting Launch Lagging As New Commission Gets Up To Speed

Maryland’s uniquely expansive sports-wagering legislation and divided regulatory responsibilities mean mobile betting may not launch for another year, the state’s chief gaming official said during a VIXIO GamblingCompliance webinar.

November 16, 2021

Dutch Regulator Calls For ’Sustainable Solutions’ To Help Customers Rid Themselves Of Debt

The Netherlands Authority for the Financial Markets has outlined proposals it wants to see lenders adopt to help customers manage their loan arrears. Among its solutions is the use of behavioural sciences to improve insights.

November 16, 2021

P27 Full Speed Ahead With Transformation Projects In Sweden, Denmark

Transformation programmes that enable a pan-Nordic multi-currency platform are moving ahead with full speed in Sweden and Denmark following EU merger clearance.

November 16, 2021

Central Bank Of Ireland Spots Deficiencies In Firms’ AML Compliance

The Central Bank of Ireland has identified various weaknesses in firms’ anti-money laundering compliance and set out expectations for firms to “demonstrate” they have an appropriate framework in place.