Insights

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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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Daily Dash: South Africa Legislates To Dodge Greylist

South Africa has passed a bill to address the Financial Action Task Force’s concerns, Experian has been chosen to operate Singapore’s buy now, pay later bureau, and the Bank of Japan is rumoured to be launching a digital yen pilot next year.
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Payments

Ukrainian Deputy PM Calls For Regulator's Closure Over Russian Bookmaker Scandal

In the aftermath of the scandal surrounding the shutdown of the Ukrainian operations of Russia-backed bookmaker 1xBet, Mykhailo Fedorov, Ukraine’s deputy prime minister, is calling for the closure of the country’s Regulatory Commission on Gambling and Lotteries (KRAIL).
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Gambling

Malta Relieved At Greylist Lifting, But Laments EU Risk Declaration

​​​​​​​Malta gambling industry officials say they are relieved at the country’s removal from the Financial Action Task Force's greylist this summer, but remain disappointed with the European Union giving online gambling its highest risk level.
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Gambling

Bulgaria Wants To Become Balkan Las Vegas

​​​​​​​Bulgaria’s gambling regulator has said the country is on the right track to becoming the Las Vegas of the Balkans, but its ambitions have been slowed by its own issues over the past few years.
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Gambling

Public Beneficial Ownership Database ’Invalid’, Rules EU Court

The Court of Justice of the European Union has issued an opinion that public beneficial ownership databases do not comply with the right to privacy, following a complaint from a Luxembourg company.
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Payments

UK Competition Watchdog Opens New Probe Into Apple, Google Mobile ’Duopoly’

The UK’s Competition and Markets Authority (CMA) has launched a new investigation into Apple and Google’s dominance of mobile ecosystems, following feedback from app developers and other technology companies.
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Payments

Pix And Cards Spur Cashless Payment Growth In Brazil

Despite previous predictions by Brazil’s central bank president that credit cards could be on the way out in the country, the latest annual statistics show that, along with the Pix instant payment platform, they are a key driver for growth of non-cash payments.
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Payments

PAGCOR Under Fire Over Online Auditing

Philippine regulator PAGCOR has testified that its outsourced auditing platform for online gaming does not identify player country of origin, calling into question its commitment not to allow illegal gambling, as senators renew corruption accusations against the auditing consortium.
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Gambling

UK Gambling Minister Says Regulators Should Engage With Industry

​​​​​​​The new UK gambling minister has endorsed a view that gambling should not be treated like tobacco and that regulators should engage with the industry to help develop policy.
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Gambling

An Ailing Bolsonaro Could Delay Brazil's Legislative Agenda

The mysterious health struggles of outgoing Brazilian President Jair Bolsonaro could threaten the timeline of the legislative agenda, including signing off on the sports-betting regulatory decree.
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Gambling

News In Brief: November 21-November 25, 2022

NHS (National Health Service) England said it has opened two new gambling clinics,
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Gambling

Regulate Before The Next FTX, Warns Bank of England’s Cunliffe

The crypto platform’s downfall has only enhanced the need for regulation, the Bank of England’s deputy governor has said, while also discussing the possibility of a digital pound.
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Payments

New Industry Body For Credit Info Agencies Needed, Says FCA

The UK’s Financial Conduct Authority (FCA) has set out proposals to improve the credit information sector so it can deliver higher quality and more comprehensive information for consumers and firms.
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Payments

New Visa CEO Sees Growth Potential In US, Emerging Markets, B2B Payments

Ahead of taking the reins at Visa, incoming CEO Ryan McInerney highlights the "enormous opportunity" he sees for growth and expansion in both emerging and developed markets respectively.
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Payments

Sweden Fines Kindred, ATG, Pinnacle For Money Laundering Failures

The Swedish Gambling Authority has penalised three gambling operators for failings in anti-money laundering and anti-terrorist financing efforts, including Kindred’s Spooniker and the part government-owned ATG horseracing company.
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Gambling

Michigan Lottery Director Helped Democrats Hold U.S. Senate

The most vivid example of the gaming industry’s growing influence on state and national politics may be the slim majority held by Democrats in the United States Senate.
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Gambling

India State Ministers Back Turnover Tax On Online Gaming

Indian state ministers responsible for taxation are closing in on a 28 percent goods and services tax on online gaming turnover, a worst case scenario for the industry that may trigger legal action.
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Gambling

Maryland Set To Launch Mobile Betting Wednesday Morning

After a two-year wait, state-wide mobile betting in Maryland is finally set to launch, with seven operators expected to go live.
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Gambling

Polish Football Flags Fears Over International Match-Fixing Syndicates

The Polish Football Association is cooperating with the country’s law enforcement to thwart what it describes as a rising wave of match-fixing by international criminal groups who earn substantial winnings from bets.
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Gambling

Spain Issues 53 Sanctions In First Half To Online Operators

​​​​​​​Spain’s Ministry of Consumer Affairs has announced that the General Directorate for the Regulation of Gambling closed 21 gambling web platforms and levied more than €88m in fines in the first half of 2022.
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Gambling
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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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