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.
Read more

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.
Read more

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.
Read more

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.
Read more

ESPN Explores Sports-Betting Deal Where Other Media Companies Have Failed

Disney’s ESPN has long been viewed as the crown jewel of U.S. sports betting-media partnerships, but analysts are warning there's no guarantee a big-money tie-up would even be successful.
Read moreRead more
Gambling

Gambling Companies Buoyant On US, Depressed Over Germany

Germany and the US have been top of mind for publicly traded gambling companies this earnings season, for opposite reasons: one expanding, the other contracting.
Read moreRead more
Gambling

Gambling Problems More Prevalent In Esports Bettors, Says Study

Esports bettors experience higher levels of gambling problems and harm than traditional sports bettors, according to a new research article.
Read moreRead more
Gambling

News In Brief: August 30-September 3, 2021

The UK Gambling Commission appoints its new chair, IGT wins European legal case, Bet MGM secures Puerto Rico partnership and India's Dream11 seeks another major funding round.
Read moreRead more
Gambling

EU Proposals to Strengthen the AML Framework and Potential Impact on Financial Market

In July 2021, the European Commission presented a package consisting of four legislative proposals to strengthen the EU anti-money laundering/counter-terrorism financing (AML/CTF) framework.
Read moreRead more
Payments

Full Steam Ahead To More Regulation, Says New Zealand Report

Financial services and payments regulation is expanding and its proponents are aiming to produce more inclusive and resilient systems, according to a report by Payments NZ, a quasi-official body whose stated mission is "making sure payments are simple and secure for Kiwis."
Read moreRead more
Payments

No Need To Fear Subpoenas, Conference Hears

No-one likes to receive subpoenas from enforcement authorities, but communication with the agencies is key during these interactions, while a robust internal procedure for tracking agency requests can also help to detect trends and adjust compliance procedures, panelists at the Money Transmitter Regulators Association (MTRA) Annual Conference said.
Read moreRead more
Payments

News In Brief - September 2, 2021

The Central Bank of Nigeria has announced that it is partnering with the fintech company Bitt to trial its central bank digital currency (CBDC).
Read moreRead more
Payments

Enhance, Simplify, Align Is The Motto Of Australia’s Payments Report

Australia’s payments system has three strategic areas for improvement, according to a landmark review commissioned by the country’s government.
Read moreRead more
Payments

U.S. Unveils Uniform Law To Standardize State Money Transmission Rules

A U.S. organization of state bank supervisors has finalized a uniform law to help states modernize and align their differing money transmission laws.
Read moreRead more
Payments

California Tribes Politely Wary Of Online Operator-Backed Sports Betting Initiative

California gaming tribes are greeting a new ballot initiative by a coalition of commercial sports betting operators with quiet dubiousness.
Read moreRead more
Gambling

Facebook Enters The Fantasy Games Market

Facebook is expanding its offerings to include free predictor fantasy sports and other types of fantasy games, a move that troubles problem gambling advocates who see such games acting as a primer to sports betting.
Read moreRead more
Gambling

Stake Limits Hold Back Booming Greek Online Market

The newly licensed Greek online gambling market has seen its revenues curtailed, as a €2 casino stake limit bites and player taxes weigh on sports bets, but a strong football-fueled summer has seen the overall market continue its inexorable climb.
Read moreRead more
Gambling

Boycott Cripples Myanmar Lottery As Dissident Alternative Emerges

The national lottery in junta-controlled Myanmar has suffered a general boycott and has been upstaged by a dissident lottery organised by ousted democratic forces, which sold out on its first day.
Read moreRead more
Gambling

Personnel Moves - August 2021

A major staff shakeup is taking place at GambleAware, Massachusetts has appointed a new regulator and Crown Resorts continues to shed staff amid ongoing controversy.
Read moreRead more
Gambling

News In Brief - September 1, 2021

The Monetary Authority of Singapore (MAS) has revealed the identities of 15 finalists for its global central bank digital currency (CBDC) competition — including HSBC, Standard Chartered Bank and Citibank. Meanwhile, AUSTRAC is changing its systems and wants comment from regulated firms.
Read moreRead more
Payments

Lessons To Be Learnt From Malta’s €5m Pilatus Bank Fine

The Financial Intelligence Analysis Unit (FIAU) of Malta has fined Pilatus Bank a record €4,975,500 for "systemic failures in the implementation of AML/CFT controls."
Read moreRead more
Payments

Swift Action And Preparation Are Keys To Catching Crypto Hackers

Crypto hackers can move digital assets quickly and anonymously, but a recent Bitcoin hack shows how a U.S. crypto exchange can smooth the way towards better enforcement.
Read moreRead more
Payments

Government to Gut UK GDPR?

Oliver Dowden, the UK's Secretary of State for Digital, Culture, Media and Sport, has proclaimed that the government is interested in a root-and-branch reform of the provisions of the European Union's General Data Protection Regulation that it "onshored" as part of Brexit.
Read moreRead more
Payments

U.S. Online Giants Seek Tribal Backing For California Ballot Initiative

Several of the largest U.S. sports betting companies announced their support Tuesday for the latest ballot initiative to legalize online sports betting in California through a constitutional amendment that would limit licenses to established operators partnering with Indian tribes and require a $100m upfront fee.
Read moreRead more
Gambling
Archive
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Premium Content

Our premium content is available to users of our services.
To view articles, please log in to your account, or sign up today for full access:

ECB Marches On With Digital Currency Plans

The European Central Bank (ECB) is drafting a new digital asset scheme rulebook as it lays the groundwork for the introduction of a digital euro.
Read article

UK Strategy Targets Growth Via Payments And SM&CR Changes

Finance minister Rachel Reeves has unveiled reforms intended to inject momentum into the economy, promising to slash red tape and accelerate upgrades to the country’s payments infrastructure.
Read article

EPC Finalises API Specifications For SEPA Request-To-Pay Interoperability

The European Payments Council (EPC) has published its SEPA Request-To-Pay (SRTP) Inter-Service Provider (SP) API Specifications, completing the technical documentation needed to support the implementation of the SRTP scheme across the Single Euro Payments Area (SEPA).
Read article

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.
Read article

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.
Read article

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.
Read article

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.
Read article

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).
Read article

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.
Read article

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.
Read article
Still can’t find what you’re looking for? Get in touch to speak to a member of our team, and we’ll do our best to answer.