Insights

iGaming Ontario released new data on Wednesday that includes the split between online casino gaming and sports betting for the first time.

Advertisers and social media sites in the UK are taking “purposeful steps” to further limit children and young people’s exposure to age-restricted adverts for products such as gambling, according to the country’s advertising watchdog.

Steve Wynn has signed a settlement with the Nevada Gaming Control Board and will pay a $10m fine that will bring to an end a sexual harassment complaint the control board had filed against him almost four years ago.

The UK Treasury is reportedly considering shelving its buy now, pay later (BNPL) plans due to fears that firms could exit the country over the new rules.

The European Commission and the US Consumer Financial Protection Bureau have established an "informal dialogue" on issues related to consumer protection and financial services.

Payment processor Square has launched a court action against card giants Visa and Mastercard accusing them of fixing interchange fees.

State lotteries, which traditionally raise money for college scholarships or senior citizen services, are facing a range of threats and opportunities as more forms of legal and illegal gambling have become available to the U.S. consumer.

A UK lawmaker has raised concerns about the Gambling Commission's ability to implement all the white paper’s proposals in a timely manner.

Chinese authorities have announced the partial dismantling of a 400bn yuan ($55bn) gambling syndicate trading with cryptocurrency, following raids in at least four provinces and the arrest of 130 suspects.

Financial regulators are more aware of de-risking and how it impacts financial exclusion, but it has not necessarily decreased, a new report from the European Banking Authority (EBA) says.

As Ripple celebrates its victory in court over the US Securities and Exchange Commission (SEC), legal observers caution that regulatory clarity — although getting closer — is still a long way to go.

A Mexican citizen has filed a challenge against the country’s central bank and financial system regulator for their failure to issue secondary regulations underpinning open finance in Mexico.

Done Bros (Cash Betting) Limited, trading as Betfred, has reached a £3.25m settlement in the UK for a host of “serious” social responsibility deficiencies and anti-money laundering (AML) failings.

The National Indian Gaming Commission has issued a formal warning to tribal gaming operators and regulators over a series of imposter scams involving individuals claiming to be senior executives, or state or tribal regulatory officials.

Lottery courier services should have to earn the privilege of participating in state lottery sales and be disqualified if they also distribute U.S. tickets internationally, according to a set of best practices outlined in a report commissioned by leading courier Jackpocket.

The Indian ministry overseeing development of the online gaming industry will ask the country’s tax council to review a potentially fatal 28 percent goods and services tax (GST) on gaming operator volume amid industry dismay at the decision.

Another promised deadline for the introduction of a so-called provisional measure to regulate sports betting in Brazil has now come and gone, with the congressional recess meaning that the industry is unlikely to see legislation until at least mid-August.

There is a “critical need” for “good data” in France as lawmakers explore the prospects of opening online casinos, according to a representative from the Autorite Nationale des Jeux (ANJ).

June 7, 2023 marked one of the most active days of regulatory activity in Australia to date this year, as the government published its strategic plan for the Australian payments system. The government also launched two consultations: the first consultation aims at tackling proposed amendments to the Payments Systems (Regulation) Act 1998 (PSRA 1998); and the second consultation focuses on a list of payment functions designed to potentially form a foundation for a new licensing framework for payment service providers. This regulatory analysis will explore the background and key drivers motivating the initiatives.

A variety of public and private players have announced plans to take part in the Centre for Finance, Innovation and Technology’s initial work to promote financial data use cases.