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.
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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.
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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.
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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.
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UK Lawmakers Demand Urgency On White Paper Changes

UK lawmakers are demanding that the government urgently implement changes in the Gambling Act review White Paper, which has been broadly welcomed by industry campaigners.
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Gambling

Bet365 Operators Fined €7m In Sweden Over Duty Of Care

Bet365’s Hillside gaming and sports-betting units have been assessed a total of 79m Swedish krona (€6.95m) by the Swedish Gambling Authority for failures in duty of care for players, with violations including not responding quickly enough to problematic gambling.
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Gambling

UK White Paper Sets Restrictions But Lacks Detail

The new UK white paper gambling reform document sets out restrictive proposals, but leaves details on key issues such as stakes limits and a mandatory levy out for consultations.
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Gambling

U.S. Sports-Betting Operators Saved $170m In Taxes On Promotional Play in 2022

Key states that permit deductions of bonuses and promotions from taxable sports wagering revenue missed out on more than $170m in tax revenue in 2022, as different markets continue to take varied approaches to tax deductions.
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Gambling

Crown Fined Another $20m Over Cheque Abuses

The Victoria state regulator has slapped a new fine of A$30m ($20m) on casino operator Crown Resorts over customer cheque practices and has ordered another internal probe, extending Crown's nightmare run of punishments for compliance failures.
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Gambling

UK Needs Strategy To Tackle Gambling-Related Crime, Says Report

UK charity, the Howard League for Penal Reform, has called for the creation of a national board to address crime linked to gambling, following the completion of its over three-year-long inquiry.
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Gambling

Rio de Janeiro State To License Online Sports-Betting Operators

The Brazilian state of Rio de Janeiro has published a formal notice setting out a licensing and accreditation process for retail and online sports-betting operations, with lower taxes and fees set to apply at state level than would apply under a forthcoming federal framework.
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Gambling

Trouble In Heaven For Marriage Between Leagues And Sportsbooks

All marriages have their ups and downs, but the unlikely partnership between the sports-betting industry and the National Football League seems to be especially turbulent.
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Gambling

Kindred Reports Mixed Picture As It Considers Sale

Kindred’s announcement that it will undergo a strategic review leaves it with an encouraging performance in the Netherlands, a troublesome one in Norway, and a performance that one commentator called “hardly stellar” in the growth market of the USA.
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Gambling

Chile's Sports Advertising Ban Bill Passes To The Senate

Chile’s bill to ban online betting operators from partnering with sports teams has passed the Chamber of Deputies, and now awaits its fate in the Senate.
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Gambling

UK’s FCA Wants To Restrict Cash Deposits At Post Office Branches

The Financial Conduct Authority (FCA) has announced a new series of measures that are designed to reduce the risk of money laundering through Post Office banking services.
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Payments

Merchants Could Be Forced To Accept Digital Euro, ECB Says

The European Central Bank’s (ECB) latest digital euro work suggests that merchants should be obliged to accept the payment method, as the end of the investigation phase gets closer.
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Payments

EPI Grabs iDEAL Solution With New Acquisitions

The European Payments Initiative (EPI), a project to build a pan-European rival to Visa and Mastercard, rises from the ashes with two big announcements: the acquisitions of Dutch payments champion iDEAL and a new pilot by year end.
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Payments

German Slots Tax Receipts Slide

German online slots tax receipts dropped about 43 percent in the first quarter of this year, suggesting that German gamblers might be moving to unlicensed operators.
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Gambling

Illegal Market Remains A Concern As U.S. Sports Betting Turns Five

The U.S. Supreme Court’s decision almost five years ago to overturn the federal ban on sports betting created a booming market that today faces challenges that include a need for fresh innovation and enduring offshore competition.
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Gambling

Kindred Launches Review That Could Include Sale

Kindred Group said its board has started a review of strategic alternatives that could include a merger or sale of the company, in whole or in part.
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Gambling

Australia's NSW Government In Talks Over Mandatory Cashless Gaming

Crossbenchers holding the balance of power in the New South Wales (NSW) state legislature have begun talks with the newly-elected Labor government to introduce mandatory cashless gaming for its $8bn slot machine sector.
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Gambling

Finnish Ministries Clash Over Ending Monopoly

The Finnish Ministry of Social Affairs and Health has said the preliminary report on the exclusive rights system contains two “fundamental problems”, as it throws its weight behind preserving the country’s gambling monopoly.
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Gambling

Australia Seeks To Expand AML/CTF Framework In New Consultation

A new consultation is seeking comment on plans to bring previously unregulated sectors into Australia's anti-money laundering/counter-terrorism financing (AML/CTF) framework, as lawmakers voice concerns that the country could be heading for the FATF greylist.
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Payments

US Non-Cash Payment Boom Records Fed’s Triennial Payments Study

The US Federal Reserve has published its triennial payments study which found that non-cash payments have grown at the highest ever recorded rate.
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Payments
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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