Insights

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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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State Audit Of Oregon Racing Commission Finds Weak Industry Oversight

State auditors have found the Oregon Racing Commission struggles with delays in filling openings for commissioners, weak oversight and transparency of funds to support the horseracing industry, and limited documentation of its reviews of historical horseracing machines.
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Gambling

Rio De Janeiro State Stealing A March On Brazil Betting Licensing

An application window for Brazil’s first state-level sports-betting licences closed on Friday, with Rio de Janeiro testing the limits of Brazilian lottery laws by enabling approved operators to accept bets from players across the country.
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Gambling

India's Lawmakers Soften Gaming Industry Tax

India’s parliament has rammed through legislation imposing a flat 28 percent goods and services tax (GST) on online gaming deposits, land-based casinos, horseracing and lotteries, as well as on foreign-based operations.
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Gambling

New Zealand And Qatar Become Latest To Regulate BNPL

As buy now, pay later (BNPL) continues to grow, New Zealand and Qatar have unveiled plans to bring the product under regulatory oversight.
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Payments

Week In Crypto: Coinbase Files Motion To Dismiss Charges Brought By SEC

Coinbase seeks an early dismissal of all five charges brought by the SEC, Binance fails to produce an accounting of its US assets, Revolut suspends crypto trading and France tightens registration rules.
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Payments

Daily Dash: FCA Looks For Answers On De-Banking

The UK’s banking watchdog has sent out a request for account closure data, while the Bank of England is on a recruitment drive for academics to help with its digital pound work.
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Payments

New York Gaming Commission Continues To Tighten Lottery Courier Rules

New York gaming regulators are continuing to tighten rules governing lottery couriers, approving a rule change that would limit players' ability to fund accounts from outside the state.
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Gambling

Italy's Parliament Approves Gambling Restructuring Plan

The Italian parliament has given the green light to a new tax delegation law allowing for the long-awaited reorganisation of the country's gambling sector, including changes to all tax duties and new player protection measures.
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Gambling

NSW Defers Hefty Slots Tax On Star Entertainment Until 2030

The Star Entertainment Group’s Star casino in Sydney has dodged a tax bullet amid its ongoing regulatory nightmare, with the New South Wales (NSW) government deferring a hefty increase in slot machine duty until at least the end of the decade.
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Gambling

Ontario Online Casino Operator Fined For Responsible Gambling Failings

Ontario’s gaming regulator for the first time has fined an online operator for failing to meet the province’s responsible gambling standards and warned that all licensees have an obligation to monitor customer play for signs of problems.
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Gambling

Gamblers Most Likely To Circumvent Self-Exclusion With Online Casino, Swedish Study Says

A Swedish study of gamblers who have voluntarily excluded themselves found an overwhelming amount of those who breached the facility played online casino games.
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Gambling

News In Brief: August 7-August 11, 2023

Kentucky Horse Racing Commission confirms license applications from seven of the state’s racetracks to open land-based sportsbooks when retail wagering launches next month.
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Gambling

Block Stumbles In Europe As Verse Is Shuttered And Clearpay Retreats

US payments firm Block has announced that it will downsize its presence in Europe to focus on "higher potential" revenue streams, as financials worsen for the loss-making fintech.
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Payments

India Online Gaming GST Amendments Rushed To Parliament

India’s Cabinet has approved goods and services tax (GST) amendments for online gaming and other gaming segments in an 11th-hour effort to push the changes through the legislature before its session ends this week.
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Gambling

U.S. Sports-Betting Violations Could Put Industry On Congress' Radar

Perhaps the greatest fear of the U.S. gaming industry is federal regulation but the National Football League’s ongoing struggle to prevent sports-betting violations by its players and the controversy surrounding compensation for college athletes could open the door for Congress to intervene.
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Gambling

Entain Sets Aside Funds To Settle UK Investigation Into Turkish Business

Entain said it has set aside £585m to cover continuing deferred prosecution agreement negotiations with the UK’s Crown Prosecution Service over its former Turkish-facing business.
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Gambling

Ghana Warns Operators To Pay Tax Or Risk Licence Removal

Ghana has reminded gambling operators and consumers about an incoming tax change, warning that there will be fines for non-compliance.
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Gambling

ESPN Brand Differentiates Penn Deal From Other Failed Media Partnerships

Penn Entertainment CEO Jay Snowden has said the strength of the ESPN brand will allow the company’s new ESPN BET venture to succeed where other media partnerships in the U.S. have not.
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Gambling

UK Treasury Commits To Reforming Bank Of England, PSR Oversight Of Payments Firms

HM Treasury has committed to overhauling the oversight frameworks of key payments regulators, but has deferred as to whether payments and e-money firms should be in scope of the Senior Managers' and Certification Regime (SM&CR).
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Payments

Card Fees ’Blunting Italy’s Competitiveness’, Says MEP

A member of the European Parliament (MEP) has written to the European Commission about the issue of card fees for merchants in their native Italy.
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Payments
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GambleAware’s Demise Stokes Fears Over Future Of UK Research, Treatment

The UK’s most prominent gambling charity GambleAware has announced it will close as a result of the new mandatory responsible gambling levy, raising questions about the future of funding for addiction treatment and the potential politicisation of research.
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AUSTRAC Prosecutes Leading Operator Of Slot Machine Venues

Australian financial transactions regulator AUSTRAC is prosecuting a leading club owner and slot machine operator over “serious and systemic” violations of anti-money laundering and counter-terrorism financing (AML/CTF) laws.
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Oregon Lottery Seeks To Ensure Integrity, Security In Regulating Couriers

Mike Wells, director of the Oregon Lottery, admitted it has maintained a neutral stance on lottery courier services over the years, a position that has changed as more of the services operate in the state, with no formal regulatory oversight.
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EBA Slams Fintechs Over Lax Compliance In New AML Risk Assessment

In its latest risk assessment, the European Banking Authority (EBA) has warned that poor practices and a lack of experience at fintechs, including payments and crypto firms, are undermining efforts to tackle financial crime.
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CFPB Hits Pause On Open Banking Rule Rewrite

The US Consumer Financial Protection Bureau (CFPB) is backing away from its earlier push to scrap a key open banking regulation, instead asking a federal court to pause litigation so it can develop a revised version of the rule.
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Ukraine Adopts EU-Style Open Banking Rules

The National Bank of Ukraine (NBU) has approved a comprehensive package of regulations to implement open banking in Ukraine, supporting the country's efforts to align with the EU.
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Marcos' Keynote Silence On Gambling Cheers Online Industry

The Philippine President’s avoidance of domestic online gambling issues in this year’s congressional appearance has encouraged the industry and frustrated its foes amid finance secretary support for taxation over prohibition.
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UK Threats Loom Even As Regulator Takes Softer Approach

The UK’s gambling regulator says egregious VIP schemes are a thing of the past and is backing the bookie habit of blocking winning customers, but Westminster politicians eager for reform are striking an altogether different tone.
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Boyd Big Winner Among U.S. Casino Operators In Sports Betting Rush

The deal between FanDuel and Boyd Gaming to reacquire 5 percent of the sports betting giant’s equity serves as a reminder of how much the sports betting industry has changed in terms of acquiring market access.
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Trump Administration Pauses Senate Committee Vote On CFTC Nominee

Brian Quintenz’s nomination to be the next chairman of the Commodity Futures Trading Commission has been sidelined for the second time in the last week, this time at the request of the White House.
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