Insights

As Missouri gamblers continue to cross into Kansas to wager on sporting events, at least one veteran Republican state senator believes a deal can be reached on legalizing sports betting so long as video lottery terminals are part of any final bill.

Despite the Ohio Casino Control Commission approving four additional sportsbook operators last week, not all licensees will be ready to launch next month, according to the state’s top gaming regulator.

Armenia’s parliament has overwhelmingly voted in favour of increasing the state duty fee for bookmakers, sweepstakes and online games.

The EU’s banking watchdog has said that concerns about the level and lack of transparency in fees and charges applied to retail banking products are justified, as it publishes its first thematic review on the matter.

Former FTX CEO Sam Bankman-Fried is apprehended in the Bahamas, new CEO John Jay Ray sheds light on the company’s non-existent record-keeping and US lawmakers introduce a bipartisan crypto money laundering bill.

The European Commission has concluded that US data protection rules are on par with the EU GDPR, paving the way for safe transatlantic data flows.

The Bank of England is looking for feedback on its plans to enhance retail cash access, while the US Consumer Financial Protection Bureau has proposed tougher rules for non-bank entities so that their misdemeanours are more transparent.

India’s government has requested that all states and Union Territories repeal a 19th-century gambling law as part of a growing push to modernise and streamline gaming regulation.

Expansion of state lotteries continues to make slow progress in Brazil, with the state of Rio de Janeiro’s lottery (LOTERJ) announcing that an internal commission will be formed to study new lottery products, including sports betting.

District of Columbia lawmakers continued to express concerns about the city's much-maligned sports betting model at a hearing this week, while stakeholders lined up to defend the existing model against new legislation.

Colorado gaming regulators have adopted rules to drastically reduce tax deductions for free bets over the next three years, while approving a redesigned self-exclusion program and new responsible gaming requirements for casinos and online sportsbook operators.

Less than a month after the debut of mobile sports betting, Maryland gaming regulators have approved the state’s largest ever fine through a $146,000 settlement with BetMGM over the acceptance of wagers prior to the market’s official launch.

The European Gaming and Betting Association (EGBA) has asked the European Committee for Standardisation (CEN) to create a standardised list of markers of harm in gambling.

Ukraine readies new gambling laws to enhance regulator powers and a grenade inside a cake explodes outside Cambodia's Nagaworld Casino.

In a new push to promote least-cost routing (LCR), the Reserve Bank of Australia (RBA) has said it will soon begin publishing “institution-level data” on its uptake and availability.

The Bank of England (BoE) has posted a request for applicants for a contracted service to create a proof of concept (PoC) digital wallet for a central bank digital currency (CBDC).

The Australian Securities and Investments Commission has filed a civil penalty action against American Express (Amex) accusing the card giant of knowingly violating Australia’s "design and distribution" rules.

The Ohio Casino Control Commission has issued a notice of intent to deny a mobile sports wagering license to PlayUp and proposed fining Penn Entertainment $250,000 for advertising violations by Barstool Sportsbook, executive director Matthew Schuler said.

Instead of deciding whether the Seminole gambling compact in Florida is legal, three federal appeals judges on Wednesday seemed more interested in determining whether U.S. Interior Secretary Deb Haaland acted within her authority by allowing the compact to become law without doing anything.

On Tuesday (December 13) the Bulgarian Gaming Association (BGA) proposed stricter regulations for itself to curb underage gambling and protect the vulnerable.  The proposal was announced at the “Gambling Commerce in Media Services and Video Sharing Platform Services” roundtable organised by the Council for Electronic Media (CEM), the National Revenue Agency (NRA) and gambling industry trade groups.    The proposals include limiting advertising from gambling operators during broadcasts between 5am and 6pm and would come into effect on January 1.