Insights

Your window into the complex world of compliance and regulations

Our industry experts regularly spend time with lawmakers, regulators and industry participants to get to the heart of regulatory issues. We deliver our expert insights across multiple media to ensure timely delivery of information to meet your everyday needs.

From quick blog insights through to industry events, we provide you with the depth and breadth of knowledge needed to help you make the right business decisions, staying compliant and gaining a competitive advantage.

Automatic Pix Goes Live, Enabling Recurring Payments in Brazil

Pix, Brazil’s instant payments system, has introduced a recurring payments mechanism, aiming to simplify bill payments for consumers.
Read more

Sweepstakes Ban Under Consideration in New York, Vetoed In Louisiana

As one state legislature looks to reinforce regulatory actions against sweepstakes gaming operations, another has seen the governor veto a legislative ban, calling it unnecessary.
Read more

Pay.UK Sets Out Ideas For Reforming UK’s Payments Infrastructure

Payment system operator Pay.UK has unveiled a package of proposed reforms to the organisational framework for interbank payments, urging “radical” change to prevent the UK falling behind on infrastructure and innovation.
Read more

Presidential Decree Confirms Brazil Betting Tax Hike

A sharp increase in the main tax applied to online betting in Brazil became reality late Wednesday when an emergency decree was published in the Brazilian government’s official gazette.
Read more

UK’s New Fraud Strategy Splits Experts On Effectiveness

Criminal crackdowns, new resources and new powers are among key proposals to tackle the UK’s fraud problem, but concerns remain that the government is not taking enough action.
Read moreRead more
Payments

Week In Crypto: Coinbase Hit By ’Unjust Enrichment’ Lawsuit Following $2.9bn Stock Sale

A Coinbase shareholder takes the board and top executives to court, former Celsius CEO Alex Mashinsky invokes the “puffery” defence in his fraud case and the UK offers new incentives to registered crypto firms.
Read moreRead more
Payments

Daily Dash: UK Regulator To Pursue New Whistleblowing Legislation

The UK’s financial watchdog wants to work with the government to enhance the whistleblowing system and the country’s antitrust regulator goes after artificial intelligence. Meanwhile, El Salvador releases first data on its instant payments system.
Read moreRead more
Payments

Vermont Senate Approves Sports-Betting Bill

Vermont’s Senate has approved legislation for mobile sports betting, putting the Green Mountain State on the verge of being the second U.S. state to legalize sports wagering in 2023.
Read moreRead more
Gambling

State Gaming Regulators Seek Federal Crackdown On Offshore Sites

A coalition of seven state gaming regulatory bodies has asked the U.S. Department of Justice to prioritize targeting illegal, offshore sportsbooks and online casinos, according to a letter released on Thursday.
Read moreRead more
Gambling

India's Online Gaming Market Grew 35 Percent In 2022

India’s online gaming market grew 35 percent to 135bn rupees ($1.7bn) in 2022 and is expected to almost double to 231bn rupees ($2.8bn) by the end of 2025, according to an Ernst & Young (EY) report.
Read moreRead more
Gambling

Debate Over Gambling Policy Mostly Over, UK Regulator Says

As UK-licensed gambling operators and their associates scrutinise last week’s white paper, a Gambling Commission official warns not to expect public policy debates to be reopened.
Read moreRead more
Gambling

News In Brief: May 1-May 5, 2023

Fine for a Dutch casino after self-excluded player allowed access nine times, a UK MP is under investigation over gambling industry links and Penn still positive on US igaming future.
Read moreRead more
Gambling

PSR Cuts Fees For Small Firms As Card Giants Escape ’Special’ Fee, For Now

Smaller firms will no longer be required to pay regulatory fees under £100 as part of the UK Payment Systems Regulator’s (PSR) new fee structure, while Visa and Mastercard escape a broad "special fee" for regulatory reviews targeted at them.
Read moreRead more
Payments

NCR Systems Restored Following Data Centre Ransomware Attack

US point of sale firm NCR has announced that its systems have been restored following a ransomware attack that knocked one of its most popular POS solutions offline.
Read moreRead more
Payments

UK BNPL Proposals A ’Missed Opportunity’, Says Innovate Finance

A major UK fintech association has described the government’s proposed regulations for buy now, pay later (BNPL) products as a “missed opportunity to improve consumer outcomes”.
Read moreRead more
Payments

Ukraine Ministers Plan To Liquidate Gaming Commission

Ukraine’s government wants to disband the country’s gambling regulator and replace it with a digital system overseen by a single commissioner.
Read moreRead more
Gambling

Amended Minnesota Sports-Betting Bill Partially Deals In Racetracks

Past bills to legalize sports betting in Minnesota involving the state’s two racetracks have been opposed by the state’s 11 powerful gaming tribes, but the industry’s top lobbyist is supporting a new amendment that would give racetracks a piece of the action but no access to licenses.
Read moreRead more
Gambling

Louisiana Leading Crackdown On Human Trafficking In Casinos

Louisiana is set to pass legislation requiring formal anti-human trafficking training for casinos, with the proposal inspired by the state’s chief gaming regulator, as well as the priest who administered the last rites to Mother Teresa.
Read moreRead more
Gambling

US And Singapore Conduct Joint Cyber Incident Response Drill

The US Treasury has announced the completion of a three-day cyber incident response exercise in partnership with the Monetary Authority of Singapore.
Read moreRead more
Payments

Bahrain Moves Towards General Agreement On Gulf Payments Linkage

Bahrain’s Shura Council, the upper house of the National Assembly, has voted unanimously to ratify a new agreement on cross-border payments and settlements within the Gulf Cooperation Council.
Read moreRead more
Payments

Fed Takes Share Of Blame For SVB Collapse In Closely Watched Review

Described as a test of the Dodd-Frank Act, the US Federal Reserve’s independent review of the collapse of Silicon Valley Bank (SVB) has found both managerial and supervisory failures were responsible.
Read moreRead more
Payments

India Asks Local Governments To Eliminate Offshore Gambling Ads

India’s government has requested that all state and union territory governments crack down on advertising for illegal online gambling products, in the latest iteration of its attempt to centralise regulatory influence.
Read moreRead more
Gambling

UK White Paper Wants To Force Operators To Seek Consent For Cross-Selling

The newly-released UK gambling white paper recommends forcing operators to obtain consent to cross-sell players from sports betting to the profit centre of online casino.
Read moreRead more
Gambling

U.S. Casino Operators Want A Bite Of The Big Apple

The competition between major U.S. gaming companies for the three downstate casino licenses in New York is set to be intense, as several operators unveil their plans for integrated resorts in a city whose residents may be focused more on high-end amenities than slot machines or table games.
Read moreRead more
Gambling
Archive
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Premium Content

Our premium content is available to users of our services.
To view articles, please log in to your account, or sign up today for full access:

Bailey Cool On UK CBDC Suggestions

Hopes of a British central bank digital currency (CBDC) were dealt a blow by the governor of the Bank of England, Andrew Bailey, who said he “remained to be convinced” of the need for one.
Read article

EU Lawmakers Insist Digital Euro Must Safeguard Privacy And Preserve Cash Access

The European Parliament’s Civil Liberties Committee (LIBE) has called for stronger guardrails for privacy and guaranteed access to physical cash in its opinion on the EU's proposed legislation to establish a digital euro.
Read article

Regulatory Influencer: Malta’s Key Observations on Website Practices of Crypto-Asset Service Providers

Earlier in the year, the Malta Financial Services Authority (MFSA) conducted a thematic review of websites belonging to all the crypto-asset service providers (CASPs) authorised by the MFSA in relation to Regulation (EU) 2023/1114 on Markets in Crypto-Assets (MiCA). This was part of the MFSA’s commitment to consumer protection, ensuring that the information provided was fair, transparent and not misleading. Following its review of websites, the MFSA sent out a Dear CEO letter to CASPs laying out its findings.
Read article

Regulatory Influencer: The Philippine Central Bank As Payments Policeman And… Online Gambling Saviour?

The Philippine online gambling industry’s rapid transition from a disgraced foreign-facing segment to flourishing domestic sector is approaching a crunch moment as payments channels come under unprecedented scrutiny.
Read article

Peru President Vetoes Consumption Tax Bill

Peru’s president has partly vetoed a bill that would reduce the impact of a controversial consumption tax applied to online gambling.
Read article

Ukraine Releases Flurry Of Consultations As It Seeks To Update Gambling Rules

Ukrainian licence holders will only have two months to comply with a long list of updated regulations under a key new proposal, as the country unleashes a flurry of consultations aimed at updating and aligning rules as well as improving industry oversight.
Read article

California Tribes Seeking Second Win With Anti-Sweepstakes Legislation

In the wake of an opinion from California’s attorney general that threatens the future of daily fantasy sports in the state, Indian gaming tribes are looking to score a second major policy victory that could threaten sweepstakes operations as well.
Read article

Pennsylvania Issues New Guidance For Virtual Dealers, Promo Bets

Pennsylvania regulators have issued a deadline for online gaming operators and suppliers to come into compliance with a series of new requirements for virtual dealer table games and a specific version of online blackjack.
Read article

ECB Marches On With Digital Currency Plans

The European Central Bank (ECB) is drafting a new digital asset scheme rulebook as it lays the groundwork for the introduction of a digital euro.
Read article

UK Strategy Targets Growth Via Payments And SM&CR Changes

Finance minister Rachel Reeves has unveiled reforms intended to inject momentum into the economy, promising to slash red tape and accelerate upgrades to the country’s payments infrastructure.
Read article
Still can’t find what you’re looking for? Get in touch to speak to a member of our team, and we’ll do our best to answer.