Insights

<span style="font-size:11pt; font-variant:normal; white-space:pre-wrap"><span style="font-family:Arial"><span style="color:#000000"><span style="font-weight:700"><span style="font-style:normal"><span style="text-decoration:none">An Irish interbank mobile payments app has hired a new board chair as it gears up for launch, Amazon expands its palm-reading payment technology and, in Argentina, results are released of a digital ID pilot using blockchain technology. </span></span></span></span></span></span>

​​​​​​​New Colombian President Gustavo Petro has proposed exempting gambling taxes from his planned tax overhaul, seemingly leaving them at their current rate of 20 percent.

​​​​​​​Entain, parent of Ladbrokes and Sportingbet, is emphasising recreational play in a move prodded by the regulator in its biggest market, the UK.

The Washington State Gambling Commission on Thursday agreed to initiate the rule-making process that could lead to an increase in wager limits at cardrooms across the state.

A day after Republican Governor Charlie Baker signed a bill legalizing sports betting, the Massachusetts Gaming Commission began exploring how it will create a process to implement the 225 regulations needed to govern the operation of wagering on games in the state.

Premier League club Aston Villa has signed a new sponsorship deal with a crypto casino that cannot be accessed from its home UK market.

By accepting inbound cross-border payments allowing expats to help out family members back home, India’s Bharat Bill Payment System could accelerate adoption and further position it as a central tool for households to manage regular payments.

The Reserve Bank of Australia has announced a research project that will explore central bank digital currency (CBDC) use cases for the country.

Another blockchain bridge comes under fire for its alleged role in money laundering schemes, highlighting a growing vulnerability in the decentralised finance (defi) ecosystem.

Flutter Entertainment has been recommended for licensing approval by the Nevada Gaming Control Board, along with its subsidiary FanDuel, to brand and provide line information to the retail sportsbook at Boyd Gaming’s Fremont casino in downtown Las Vegas.

The UK Gambling Commission has penalised ​​​​​​​Malta-based Smarkets £630,000 for anti-money laundering (AML) and social responsibility failures.

Kenya's gambling industry is in the trenches again, as many licence renewals are withheld and money laundering rules are tightened, with more uncertainty to follow.

The Indian tribal gaming industry produced $39bn in gross gaming revenue in fiscal 2021, a new record and a 43 percent increase since 2020 during the height of the COVID-19 pandemic.

The US Treasury has sanctioned crypto mixer Tornado Cash that helped launder more than $7bn worth of virtual currency, including hundreds of millions linked to the Lazarus Group.

In light of the Financial Action Task Force’s decision to put the United Arab Emirates on the greylist, the wealthy Middle Eastern state appears to be prioritising tough action against money laundering.

The beginning of NFL seasons in recent years have been cause for a marketing boom with a massive uptick in advertising spend and promotional play offers for new customers, but many operators say they are continuing with a more cautious and optimized approach.

Australia’s national online gaming regulator has issued a formal warning to a Hong Kong-based software company for “knowingly” working with Australia-facing online gaming operators, the first such move against industry suppliers.

Almost three months remain until the election on November 8, but gambling factions already have broken California’s record for campaign spending on ballot initiatives and are expected to reach a final total surpassing half a billion dollars.

The German commissioner in charge of addiction issues is calling for stricter limits on sports-betting marketing, as the issue of gambling advertising heats up.

A Kremlin spokesperson has said the West has no grounds to impose secondary sanctions on Turkey, as the country moves closer to new ties with Russia on energy, trade and payments.