Insights Archive

February 1, 2024

French Regulator Warns Of Illegal Online Casinos On Facebook

Unauthorised and illegal online casino websites are mimicking French land-based casino brands on Facebook to divert players to their websites, France’s National Gambling Authority (ANJ) has said.

February 1, 2024

Visa Shifts Focus To Cross-Border And International As US Market Slows

2024 has gotten off to a “solid start”, says Visa CEO Ryan McInerney, but a slowdown in the US means that a pivot to cross-border and overseas markets is on the cards.

February 1, 2024

UK Labour Commits To Fintech-Friendly Policies

The UK’s Labour Party has said that it will “deliver the next phase” of open banking and “embrace the potential” of open finance in a new statement of intent to the financial services industry.

February 1, 2024

Daily Dash: UAE Completes Cross-Border CBDC Transaction With China

The United Arab Emirates (UAE) celebrated its central bank’s 50th anniversary with a cross-border digital currency transaction, while Luxembourg’s bankers have shared their concerns about the EU’s open finance plans.

January 31, 2024

Georgia Sports-Betting Legislation Clears First Hurdle

New legislation that would permit sports betting in Georgia without an accompanying state constitutional amendment began to make its way through the General Assembly on Tuesday, clearing a Senate committee.

January 31, 2024

German Gambling Industry Seeks More Transparent Regulation

The German gambling industry would like to see the Joint Gambling Authority of the States hold consultations on gambling policy like the UK’s Gambling Commission does, lawyers have said.

January 31, 2024

New York Sues Citibank Over Fraud Protection Failings

Citibank maintains poor security and anti-fraud protocols that are leading to consumer losses, New York’s attorney general Letitia James has said as she sues the retail banking giant.

January 31, 2024

EU's PSR 'The Last Sweep' For Commercial Agent Exclusion

The commercial agent exclusion looks set to be no longer viable in the EU’s Payment Services Regulation (PSR), as the requirements to be able to use it become tighter.

January 31, 2024

Daily Dash: Netherlands Launches New Consultation On Access To Cash Bill

The Netherlands is seeking views on a new bill that could impose mandatory ATM requirements on large banks, and Circle has reignited its bid to become the world’s first publicly traded stablecoin issuer.

January 31, 2024

Chinese Lotteries Smash Sales Record To Hit $81bn

China’s lottery industry hit an all-time volume record in 2023, racking up a 36.5 percent increase in sales to $81bn on the back of an aggressive sports-betting market.

January 30, 2024

Maryland Bills Set Stage For Online Gaming Push

Maryland Democratic state Senator Ron Watson has filed two internet gaming bills that could potentially raise millions of dollars in new tax revenue if concerns over cannibalization of gaming revenues and job losses can be addressed.

January 30, 2024

Brazil To Curb Social Media Influencers' Endorsement Of Online Gambling

The Brazilian Ministry of Finance is reportedly preparing an ordinance to control sponsored content from influencers and celebrities when it comes to endorsing online gambling.

January 30, 2024

Northern Ireland APG Preparing Gambling Reform Recommendations

Northern Ireland’s All Party Group on Reducing Harm Related to Gambling (APG) is preparing a list of recommendations to the Northern Ireland Executive on gambling reforms, but legal changes are still likely many years away.

January 30, 2024

'A Total Farce' - Spotify Rubbishes Apple's New iOS, App Store Plans In EU

Spotify has voiced strong opposition to Apple’s new commissions and app payment rules within the EU, calling them a "new level of arrogance" and an affront to the Digital Markets Act.

January 30, 2024

CBDC Opposition Gains Traction In US

Anti-CBDC bills are gaining traction in the US, driving debate on the potential impacts of bringing in a digital currency. Although they could threaten international US dollar dominance, firms eye the opportunities and risks of introducing central bank digital currencies (CBDCs).

January 30, 2024

Manhattan Calls On Venmo, Zelle And Cash App To Improve Customer Protection

The Manhattan District Attorney’s Office has asked the companies that own Venmo, Zelle and Cash App to provide better consumer protections following a spike in payment app thefts.

January 30, 2024

Lithuania Imposes New Anti-Scam Rules On Mobile Operators

Lithuania’s Communications Regulatory Authority has ordered mobile operators to combat fake text messages sent by fraudsters, in a sign of European authorities trying to reduce authorised push payment (APP) fraud risks.

January 30, 2024

Daily Dash: PayPal Launches Six New Features

PayPal has announced the launch of six new features in the US, focusing on seamless checkouts and personalised offers, and Swiss digital wallet app TWINT has announced that it almost doubled its in-store transactions in 2023.

January 30, 2024

Eventus Says GST, Not Legal Risk, Forced SPiCE India's Relocation

Eventus International, organiser of the SPiCE India gaming conference and exhibition, has rejected a media report that it relocated this year’s Goa event to the Sri Lankan capital to avoid legal or immigration problems over gambling company sponsors.

January 29, 2024

Gaming Bills On The Move In Virginia

Virginia lawmakers are preparing to revisit the two landmark laws from 2020 that brought legal sports betting and casino gaming to the state, as they weigh alternative host cities for casinos and reconsider a prohibition on wagers on in-state college teams.

January 29, 2024

Irish Regulator Dismisses Concerns Around Ad Restrictions

The head of Ireland's new gambling regulator has dismissed gambling and sports industry concerns surrounding proposed advertising restrictions in a radio interview.