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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Lawsuit Seeks To Block Enforcement Of Kentucky's Grey-Market Ban

As state legislatures crack down on the rapid expansion of unregulated “grey-market” games that play like slot machines, companies that manufacture or distribute the games are responding to any bans or seizures of their machines by filing lawsuits in state courts.
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Gambling

Gambling Antagonist In U.S. Congress Not Satisfied With New Ad Code

The senior U.S. senator from Connecticut, who is arguably Congress’ leading critic of the gaming industry, has said new self-regulatory restrictions adopted by the American Gaming Association do not go far enough to rein in sports-betting advertising.
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Gambling

Personnel Moves - April 2023

The UK's Health Lottery has a new boss, gambling veteran Joe Asher gets a presidential appointment, Star Entertainment appoints a new chair and Colombia finally appoints a new chief regulator.
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Gambling

Lithuania Demands Better Compliance From Bulging Payment Sectors

Lithuania joins other jurisdictions in Europe such as the UK in calling for better compliance processes at payments and electronic money firms as it reviews its activities for 2022.
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Payments

Week In Crypto: US Regulator Goes In For The Kill On Binance

The Commodity Futures Trading Commission has filed a major lawsuit against Binance, the world’s largest crypto exchange, seeking its expulsion from the US market and the forfeiture of all its earnings to date.
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Payments

Daily Dash: Singapore Regulator Confirms Action After ’Unacceptable’ DBS Outage

Singapore’s banking regulator is to take further action against DBS Bank after new outage, Germany’s government reported to be creating a new financial crime watchdog, US senators plot to clawback earnings of failed bank executives and Sam Bankman-Fried In court over Chinese government bribe charges.
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Payments

Neymar's Twitch Gambling Stream Puts Rules To Test

Brazilian football star Neymar da Silva Santos Júnior’s recent Twitch streams promoting gambling are causing other members of the platform to question how the site enforces its content restrictions.
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Gambling

UPDATE: Kentucky Governor Signs Sports-Betting Into Law

Governor Andy Beshear signed a bill Friday to legalize sports betting in Kentucky, putting his signature on House Bill 551 less than a day after the Senate approved the measure on the final day of the 2023 legislative session.
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Gambling

New Hampshire Senate Gives Green Light To Online Casino Legislation

New Hampshire’s Senate became the first U.S. state legislative chamber in 2023 to pass legislation permitting online casino, but did so with one significant caveat.
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Gambling

Spanish Lawyers Label Royal Decree Disproportionate

Legal experts in Spain have said that the recent Royal Decree on Safer Gambling is disproportionate to the rates of problem gambling in the country.
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Gambling

News In Brief: March 27-March 31, 2023

The Greek gambling regulator will use AI to map problem gambling, a Canadian province reorganises its gambling market and a South Carolina sports-betting bill progresses.
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Gambling

All Change As Malaysia Moves To Break Up Touch ’N Go Transport Monopoly

As the Malaysian government moves towards ending Touch 'n Go's two-decade monopoly on toll booth and transport payments, how significantly will this affect the country’s wider payments market?
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Payments

EPC Releases Rulebook For Multicurrency Instant Payments

The European Payments Council (EPC) has published the first One-Leg Out Instant Credit Transfer (OCT Inst) scheme rulebook, which governs how the euro leg of cross-border instant payments should work.
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Payments

North Carolina Sports-Betting Bill Clears Chamber While Georgia Efforts Fade

One southeastern U.S. state took its biggest step yet toward sports-betting legalization, but another saw its 2023 session end with legislation dying once again.
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Gambling

Sprawling Czech Amendments Target Black Market

Newly-published amendments to Czech gambling law would give authorities powers to go after the black market, require licensed operators to display an emergency “panic button” at all times and ban many forms of bonuses.
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Gambling

Chilean Authority Warns Online Gambling Winnings Are Taxable

After denying allegedly illegal offshore operators the ability to pay digital VAT, Chile’s tax authority has reminded Chileans that they must still declare additional income from online gambling winnings.
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Gambling

Illinois VGT Czar Says Don't Hold Your Breath On Internet Gaming

The leader of the industry dominating the Illinois gaming market on Wednesday reiterated his firm opposition to bills in the state legislature seeking to legalize online casino games.
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Gambling

Chhattisgarh State Legalises Online Skill Gaming With Stakes

The Indian state of Chhattisgarh has legalised land-based and online skill gaming with stakes, becoming the third jurisdiction in the nation to codify online gambling after the state of Meghalaya withdrew its gaming law.
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Gambling

Long Road To Least-Cost Routing: RBA Publishes First Progress Report

As promised, the Reserve Bank of Australia (RBA) has begun publishing reports on the availability of least-cost routing for in-person debit card payments, in an effort to help merchants reduce costs.
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Payments

Progress For EU AML Package After Committee Approval

Parliamentary committees leading on the EU’s new anti-money laundering (AML) package have adopted a position that can be voted on by their colleagues next month.
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Payments
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President Trump’s Tax Bill Raises Slot Tax Reporting Threshold

A tweak to the tax bill signed by President Donald Trump would modernize gaming tax policy by increasing the threshold for reporting jackpot wins on slot machines and video lottery terminals in casinos.
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Gambling Commission Fine Transparency Improving But UBO Rules Cause Concern

The Gambling Commission's new criteria for imposing fines will help increase the transparency around predicting fine amounts, but some concerns remain over how the rules impact ultimate beneficial owners (UBOs), according to legal experts.
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Consultation May Signal End Of Surcharges In Australia

The Reserve Bank of Australia (RBA) has opened a consultation into card surcharging, which it says is no longer achieving its intended purpose of guiding consumers towards efficient payment choices.
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EBA Clarifies PSD2 Scope On Credit, Postal Orders And Fuel Cards

The European Banking Authority (EBA) has published clarifications on applying the revised Payment Services Directive (PSD2), covering the definition of credit, the status of postal money orders, and the classification of fuel cards as payment instruments.
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Wise Fine Highlights Evolution Of US Payments Regulation

The $4.2m fine for money laundering and Bank Secrecy Act (BSA) violations reflects both a trend towards local enforcement and a sharpened focus on anti-money laundering and counter-terrorism financing (AML/CTF).
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DraftKings Pays $3m To Settle Connecticut Marketing Investigation

DraftKings has agreed to return more than $3m to players and pay a $50,000 penalty in a second high-profile settlement announced by Connecticut regulators in as many months.
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Romanian Gambling Ad Restrictions Incoming But Lawyers Flag Need For Clarity

Romania’s new Audiovisual Code introduces several important changes, clarifications and restrictions; however, questions raised about the definitions, such as sports personality or influencer, have not been “thoroughly defined”, according to legal experts.
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Australia’s Project Acacia Blossoming Into Six-Month Testing Phase

Project Acacia, Australia’s research program into wholesale digital currency, has reached a “significant milestone”, with participants selected to explore innovations in digital money and settlement infrastructure.
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Big Tech Joins Forces With Telcos Under Hong Kong’s Latest Anti-Scam Charter

Financial regulators in Hong Kong have announced the launch of a new anti-scam charter that will see telcos and big tech firms participate for the first time.
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U.S. Senate Fails To Roll Back Change To Gambling Tax Deductions

The effort to reverse one of the tax hikes in President Donald Trump’s “One Big, Beautiful Bill” came up short in the Senate on Thursday due to opposition from a lone senator who sought to add an exemption of religious colleges from the federal endowment tax.
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