Insights Archive

August 1, 2023

Singapore To Abolish Corporate Cheques By End Of 2025

The Monetary Authority of Singapore has announced that corporate cheques will be phased out by the end of 2025, although individuals will still be able to use cheques beyond that date.

August 1, 2023

Microsoft Launches PayPal BNPL Solution In US, Europe And Beyond

Microsoft has announced that PayPal Pay Later can now be used to pay for Microsoft items in the US, Europe and Australia, while Microsoft has also expanded its tie-up with Venmo.

August 1, 2023

Flutter, Fox To Close Sports-Betting Platform Fox Bet

Flutter Entertainment has announced that the Fox Bet sportsbook will be shuttered, officially bringing an end to the once-promising experiment.

August 1, 2023

New Jersey Seeks Gaming Industry Comments On Proposed Regulations

The New Jersey Division of Gaming Enforcement has set a Friday deadline for licensees to submit comments on the latest in a series of comprehensive regulatory reforms that include new rules to authorize skill-based games.

August 1, 2023

Chile Approves Changes To Progressing Online Gambling Bill

Chile’s Chamber of Deputies has approved a series of consumer protection amendments to the bill to legalise online gambling, in the midst of a government investigation into the football association’s relationship with online gambling sponsors.

August 1, 2023

Industry Must Consider UK Consultation Implications, Says Lawyer

It is “crucial” that the UK gambling industry understand and respond to the impact of the white paper consultation proposals launched last week, according to a legal expert.

August 1, 2023

IGT's UK National Lottery Damages Case Rejected

Supplier giant IGT has had its attempt to claim damages from the UK Gambling Commission over Camelot’s loss of the UK National Lottery thrown out.

July 31, 2023

America’s Answer To MiCA Heads To Congress

The US House Financial Services Committee has marked up a new piece of legislation that could offer America’s answer to Europe’s Markets in Crypto-Assets (MiCA) Regulation.

July 31, 2023

‘Unique Challenges’: Consumer Duty Goes Live For UK Payments Firms

Payments and e-money firms in the UK will need to begin complying with the Financial Conduct Authority’s (FCA) new outcomes-focused regulation, with experts suggesting that it will bring new challenges.

July 31, 2023

Chile Proposes Card Acquiring Rule Updates To Help Small Acquirers Grow

In a big reform to card acquiring and sub-acquiring rules, Chile proposes new measures to help sub-acquirers meet regulatory requirements when they grow big enough.

July 31, 2023

Chinese Lotteries Set For Record Annual Sales Haul In 2023

The Chinese lottery market has stormed back from pandemic damage and political troubles with more than a 50 percent growth year-on-year in the first half of 2023, setting it on course to easily break 2018’s annual sales record.

July 31, 2023

Georgia Online Gambling Still Dominates E-commerce, But Share Declining

The country of Georgia has seen the number and volume of online gambling transactions decline since restrictions were introduced at the end of 2021, according to new research.

July 30, 2023

Coaches, Players Discuss National Football League Gambling Policy

As National Football League teams began reporting to training camps last week to prepare for the upcoming season, the rash of gambling-related suspensions issued by the league during the offseason was a frequent topic of discussion, including criticism from one of the league’s most prominent coaches.

July 30, 2023

Delay In UK White Paper Gaming Reforms Disappoints New Jersey Regulator

The lack of progress in gambling reforms in the United Kingdom is frustrating New Jersey’s top regulator, who says U.S. oversight of gambling is much stronger.

July 28, 2023

US Congress To Vote On Credit Card Competition Act, Senator Says

Proponents of the US Credit Card Competition Act secure assurances that Congress will vote on the fiercely debated bill but the proposal still has a bumpy road ahead.

July 28, 2023

Week In Crypto: FTX Founder Escapes Campaign Finance Charge

FTX founder escapes campaign finance charge but may be headed back to jail, Coinbase is in limbo over its staking lawsuits, and Binance has second thoughts about becoming regulated in Germany.

July 28, 2023

Daily Dash: Mastercard Says No To Cannabis

Mastercard has cracked down on cannabis retailers allowing payments across its network, nexo Standards and Berlin Group have announced that they are developing digital euro standards, and N26 makes a new hire following its compliance problems.

July 28, 2023

FanDuel President Defends Hiring Ex-Con For Responsible Gambling

FanDuel president Christian Genetski on Thursday stood by his company’s decision to hire sports media personality Craig Carton to be the company’s spokesman on responsible gambling even after Carton served one year in prison for fraud.

July 28, 2023

Brazil Match-Fixing Investigation Loses Threat As Sports-Betting Measures Move Ahead

Brazil’s special investigation commission (CPI) into match-fixing has already served its purpose and is irrelevant now that a sports-betting provisional measure has been published and a bill has been sent to Congress, according to some in the industry.

July 28, 2023

Maryland Approves Contract For iGaming Study, Regulation Updates

The efforts to legalize online gaming took a step forward on Thursday when the Maryland Lottery and Gaming Control Commission unanimously approved a contract for a vendor to produce a detailed report on the potential impact of iGaming.

July 28, 2023

News In Brief: July 24-July 28, 2023

France's national lottery operator is set to absorb its Irish equivalent and Nevada officially approves $10m fine for Steve Wynn.