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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Ohio Sports Betting To Launch In 2023

A multifaceted rollout that includes sports wagering kiosks at hundreds of retail locations means Ohio’s sports betting market will not go live until the latest legally possible date of January 1, 2023, regulators confirmed on Wednesday.
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Gambling

TheScore Exiting U.S. Sports Betting Market On Canada Day

Canadian sports betting brand theScore, which was acquired by Penn National Gaming last year, informed its customers Wednesday that it will shut down its U.S. sports betting operations on Canada Day, or July 1.
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Gambling

Gambling Could Be Wild Card In Texas Governor’s Race

Gun violence is likely to be the central issue in this year’s governor’s race in Texas, but the legalization of casinos and sports betting could emerge as a significant factor in a campaign expected to be especially bitter and divisive.
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Gambling

UK Treasury Sets Out Plans To Manage Stablecoin Failures

In a new consultation, the UK government has announced its intention to take the necessary legislative steps to bring services that issue or facilitate the use of stablecoins into the regulatory perimeter, primarily by amending existing electronic money and payments legislation.
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Payments

Are We There Yet? From Open Banking To Open Finance

Fragmentation and varying sets of standards have hindered open banking’s functionality, panellists agreed at EBADay 2022 in Vienna yesterday, as they shared their visions for open finance.
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Payments

Philippines Central Bank Issues New Rules On Cross-Border Peso, FX Transactions

The Bangko Sentral ng Pilipinas (BSP) has amended its rules on cross-border transfer of currencies to allow greater flexibility for international travellers.
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Payments

Russian Oil Ban: European Council Reaches Agreement On 6th EU Sanctions Package

The European Council has reached an agreement in principle that could lead to a ban on around 90 percent of Russian oil imports to the EU by the end of 2022.
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Payments

German Regulator's Tough Licensing Stance May Create Operator Dilemma

The new German regulator has confirmed it is taking a strict stance on enforcing online slots and poker licensing when it assumes authority on July 1, a position that could open those awaiting news on their application to enforcement.
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Gambling

Kazuo Okada Allies Seize Control of Manila Casino

Allies of Japanese gaming mogul Kazuo Okada and a team of security guards have seized on-site control of Okada Manila, the Philippine integrated resort that Okada built but lost in 2017 after years of corporate warfare.
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Gambling

FinCEN Sets Anti-Money Laundering Priorities Amid U.S. Gambling Surge

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) released its national priorities for anti-money laundering for casinos and other institutions last year, but the regulations behind those policies are still being developed.
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Gambling

News in Brief: May 30-June 3, 2022

New Jersey regulators issue a civil penalty against the former owners of Golden Nugget Online Gaming for reporting failings.
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Gambling

Australian Watchdog Sues Mastercard For Alleged Abuse Of Market Power

Australia’s consumer watchdog has opened a Federal Court case against Mastercard, accusing the payments giant of attempting to reduce competition in the supply of debit card acceptance services.
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Payments

Rouble To The Rescue: Russia Reveals Plans To Skirt Sanctions After US Closes Sovereign Debt Loophole

Russia’s minister of finance has proposed a new payment mechanism that he believes will allow the country to skirt US sanctions on sovereign debt coupons.
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Payments

Open Banking Complexities Weren’t Foreseen By CMA, Review Concludes

The technical solutions to achieve open banking in the UK were a success, but other issues such as governance were not factored into the equation by the UK’s Competition and Markets Authority (CMA), an independent review has found.
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Payments

Businesses Fret As Thailand Kicks Off Data Protection Law Enforcement

After two years of delay, Thailand's first data protection law is set to come into force on Wednesday. Despite the intent to boost Thailand’s digital economy, small businesses are still struggling to prepare for full compliance.
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Payments

Crown Resorts Fined $58m Over Cashcard Scam

Australian casino operator Crown Resorts has suffered another financial and regulatory blow after the Victorian state gambling regulator fined the company a record A$80m ($58m) over its China UnionPay (CUP) cashcard scam.
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Gambling

Could Interstate Poker Help Lay Groundwork For U.S. Online Casinos?

The addition of Michigan to an interstate internet poker compact is the latest sign of the gaming industry’s transition to the digital market, as it pursues its ultimate goal of achieving a massive expansion of online casinos similar to the explosive growth of sports betting.
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Gambling

Operators Searching for Right Marketing Approach In Ontario

With an American-style marketing approach featuring attractive sign-up bonuses and risk-free bets off the table in Ontario’s competitive online gaming market, operators say they are focusing on differentiated strategies to attract and retain customers.
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Gambling

Maltese Arrest Linked To German Tax Dodge

Maltese gaming consultant Iosif Galea has been arrested in Italy, reportedly over links to companies that failed to pay VAT on offshore gambling in Germany, causing fear within the island's gambling community of further crackdowns from abroad.
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Gambling

Cirsa Italian Market Entry In Doubt Over Enforcement

Blackstone-owned Cirsa International is seemingly set to enter the Italian online market via an acquisition, but the company it apparently wants to buy could be stripped of its licence in July.
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Gambling
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Philippines Mulls Mandatory Listing Of Online Gambling Companies

In an apparent global first, the Philippine government is considering compulsory stock market listings for online gambling companies to compel greater transparency in operations and ownership.
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Romanian Government Eyes Legislation To Decentralise Gambling Licensing

Romanian Prime Minister Ilie Bolojan has announced that his government plans to propose a draft legislation that will enable municipal authorities to decide on licences for local gambling outlets.
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FCA’s Guardrails For BNPL Aim To Bring Consumer Duty Requirements To The Space

Buy now, pay later (BNPL) users are set to gain new protections under proposals published today by the UK’s Financial Conduct Authority (FCA), which has set a compliance deadline of July 2026.
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UK Industry Wrangles With Rapidly Approaching Cross-Sell Ban

When 2025 draws to a close so will the era of lucrative cross-selling promotions in the UK, with operators and affiliates facing the tall task of adapting successfully to another major shift in marketing compliance.
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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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