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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Indian Central Bank Could U-Turn On Plans To Allow Fees Over UPI

Reports are circulating that the Reserve Bank of India may have gone cold on plans to allow firms to charge fees for use of the country's instant payments system, the Unified Payments Interface (UPI).
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Payments

Affirm Quits Australia To Focus On US, UK Expansion

Buy now, pay later firm Affirm ends Australian partnership but continues with US and UK expansion plans, doubling down on its core businesses.
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Payments

Minnesota Mulling Sports-Betting Bill With Unique Provisions For Responsible Gambling

A bill to legalize sports betting making its way through the Minnesota legislature would establish several of the strictest advertising provisions and problem gambling requirements in the U.S., including a required waiting-period between placing wagers.
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Gambling

BAGO Takes Aim At Belgian Ad Ban, Separate Player Accounts

The Belgian Association of Gaming Operators (BAGO) has criticised the country’s impending ban on advertising and other planned measures announced in a separate draft law on the same day.
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Gambling

Class Action Lawsuits Compound Cyber Problems For Gambling Industry

As if ransomware attacks were not enough of a headache already, class action lawsuits are emerging this year as a new bane plaguing online and land-based casinos.
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Gambling

Ukraine Blocks Sites As It Finalises Russian Sanctions

Ukraine’s regulator says it has blocked 709 illegal gambling sites and shut down 606 unlicensed gambling establishments, as it readies new powers to expunge Russia from its gambling market.
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Gambling

Private Sector Wants Role In Sanctions Preparation, EU Told

Sanctions experts have stressed the importance of bringing the private sector into the creation of sanctions packages, calling for greater consultation and resources to carry out the will of EU policymakers.
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Payments

Week In Crypto: Silvergate Bank Collapses As Crypto Clients Abandon Ship

US financial services provider for the crypto industry, Silvergate Bank, goes into liquidation as senator raises concerns of contagion in the traditional financial sector. Meanwhile, UK regulator questions the integrity of crypto firm applications and an UAE crypto exchange partners with Mastercard.
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Payments

Daily Dash: Economic Crime Levy On Way

The UK’s financial watchdog has confirmed it will be invoicing for the new economic crime levy from July this year, US agency calls for clarification on financial products that help gig workers and UK central bank joins Asian counterparts in cross-border payments workshop.
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Payments

UPDATE: White House Urges States To Join It In Fight Against Junk Fees

The White House has again spoken out against junk fees, calling on state regulators to step up efforts to tackle unfair and hidden fees. Meanwhile, Consumer Financial Protection Bureau data shows many banks have already adjusted their practices as a result of federal actions.
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Payments

Australasian Medical Lobbies Team Up For Reform, Against Gaming Ads

Australia and New Zealand’s peak medical organisations have tag-teamed at an Australian parliamentary hearing to lament the gaming regulatory landscape and support a ban on sports-betting advertising and the creation of a national online gambling regulator.
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Gambling

Dutch Regulator To Collect On €4.4m Gammix Fine

The Netherlands Gambling Authority (KSA) has decided to collect €4.41m from Malta-based Gammix, despite the company’s objection to its periodic penalty payments.
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Gambling

U.S. iGaming Expansion Expected To Roll Snake Eyes In 2023

Although online casino bills remain on the table in New York and other states, U.S. industry executives are not at all optimistic that any of them will get over the line this year.
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Gambling

Massachusetts Attorney General Expresses Concerns As Mobile Betting Launches

As six mobile sports-betting operators prepare to go live in Massachusetts on Friday, the state's attorney general's office is calling for regulations to be strengthened to protect consumers from potential risks of problem gambling.
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Gambling

Brazil Expected To Regulate Sports Betting Through Multiple Decrees

Brazil’s long-awaited provisional measure to implement a sports-betting market is expected to be followed by multiple decrees on specific areas of regulation, according to a legal expert in the country.
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Gambling

Belgium Gambling Ad Ban Confirmed

Belgium has published a royal decree severely restricting gambling advertising, despite the regulator’s fear that it will increase black market activity.
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Gambling

Railsr Bankruptcy Deal Nears As Regulatory Troubles Mount

As the once UK fintech unicorn Railsr reportedly mulls a pre-pack administration deal, market players react and question the business models of some banking-as-a-service (BaaS) providers.
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Payments

Get Your Priorities Straight, FCA Tells Finance Firms Ahead Of Consumer Duty

In a new Dear CEO letter to retail finance providers, the UK Financial Conduct Authority (FCA) has urged firms to adopt "effective prioritisation" measures ahead of a key deadline. However, some buy now, pay later firms will not receive the letter for now.
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Payments

BetMGM Boss Still Concerned About Potential U.S. Backlash

BetMGM’s top executive said Wednesday that the U.S. sports-betting industry remains at “significant risk” of facing a similar regulatory backlash to European jurisdictions.
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Gambling

Colorado Regulator Smacks Down WWE Sports-Betting Talks

Colorado’s gaming regulator has denied a report that it was “in talks” with professional wrestling giant WWE to permit wagering on the company’s events.
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Gambling
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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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