Insights Archive

December 20, 2023

Sweden Fines Casino Cosmopol For AML Failures

The Swedish Gambling Authority has warned and fined Svenska Spel’s Casino Cosmopol SEK2m (€179,500) for failures in anti-money laundering and terrorist financing policies.

December 20, 2023

Level Playing Field For Instant Cross-Border Payments Coming Soon To Europe

In 2024, the European Parliament is expected to adopt new legislation that will level the playing field for instant cross-border payments, opening up new opportunities for networks such as Thunes.

December 20, 2023

Curaçao Legislation Submitted To Parliament, Licensing Fees Revealed

Curaçao’s Ministry of Finance confirmed on Tuesday that the highly anticipated National Ordinance for Games of Chance (LOK) has been officially submitted to Parliament.

December 20, 2023

FanDuel, Fanatics Oppose Ohio’s Proposed Marketing Restrictions

The Ohio Casino Control Commission's 2024 agenda is set to include updated amendments to its promotional and bonusing regulations that would restrict how operators offer inducements connected to non-gaming transactions.

December 20, 2023

Alabama Lawmakers Face Stiff Opposition To Gambling Expansion

With less than two months before the state legislature convenes for its 2024 session, the Alabama Policy Institute has published a new report detailing the conservative group's opposition to any bills to expand gaming in the Yellowhammer State.

December 19, 2023

US CFPB Open Banking Rule A Good First Step, But Needs More Work

The Consumer Financial Protection Bureau’s (CFPB) open banking proposal cemented the first regulatory step in the US — but experts believe there is still a long way to go.

December 19, 2023

Daily Dash: UK's Payment Systems Regulator Appoints New Head Of Strategy

The Payment Systems Regulator has appointed a new head of strategy from the transport industry, Ukraine has set its sights on joining SEPA in 2024, and TNG (Asia) has received an anti-money laundering fine in Hong Kong.

December 19, 2023

Visa Launches New AI Solution To Stop Token Fraud

Visa has launched a new tool that aims to prevent token provisioning fraud, a type of fraud that has grown alongside the use of virtual cards and digital wallets.

December 19, 2023

Daily Dash: Amex Acceptance ‘Skyrockets’ In Australia With Launch Of OptBlue

Amex has launched a new acquiring programme that will super-charge acceptance in Australia, Circle has launched its euro-backed stablecoin on Solana, and Japan and Cambodia have moved towards a unified QR code standard.

December 19, 2023

Malta Regulator Selects Incoming CEO To 'Steer The Authority Forward'

The Malta Gaming Authority has announced that Charles Mizzi will replace Carl Brincat as its CEO on January 26, 2024.

December 19, 2023

Polish Football Federation Bans All Players, Officials From Betting On Matches

The Polish Football Federation has released its new disciplinary regulations which forbid federation and club officials, players, managers, referees, and even employees such as medical staff members, from betting on any football matches.

December 19, 2023

Mississippi Online Betting Report Highlights Potential Casino Protections

With mobile sports-betting legislation set to be reconsidered in Mississippi during 2024, key findings from a legislative committee report studying the issue center on protecting the state’s smaller casinos.

December 18, 2023

First Wero Transaction Marks EPI Success

The much anticipated European Payments Initiative (EPI) has successfully executed its first instant payment transactions in Europe.

December 18, 2023

US Senators: Time For Venmo, Cash App To Reimburse Scam Losses

A trio of Democratic senators has called on Venmo and Cash App to start reimbursing customers for losses to scams and offer new tools for easier reporting of fraud.

December 18, 2023

Daily Dash: New Hampshire Becomes Latest US State To Legislate Against CBDC

New Hampshire legislators have moved to block CBDC, a Russian director of a UK payments firm has resigned following a restriction order, and Yemen has adopted IrisGuard biometric payments.

December 18, 2023

Virginia Attorney General Says Pick'Em Games Are Not Fantasy Contests

Virginia’s attorney general issued an official opinion on Friday that pick’em-style games offered by several prominent fantasy contest operators are in fact a form of sports betting, rather than fantasy sports per state law.

December 18, 2023

New Cybersecurity Rules In Force For U.S. Public Companies

New cybersecurity disclosure requirements mandated by the U.S. Securities and Exchange Commission (SEC) are now in effect, requiring public companies including gaming operators and suppliers to disclose cybersecurity incidents, with some exceptions, within four days.

December 18, 2023

Argentina's Santa Fe Senate Passes Online Gambling Bill

The Senate of the Argentine province of Santa Fe has passed an online gambling bill with little fanfare and no changes from the legislation as initially approved by the Chamber of Deputies.

December 18, 2023

UK Gambling Commission Outlines Updated Enforcement Approach

Licensees should expect to be fined 10-15 percent of their UK revenue for the most serious breaches of gambling regulations under proposed changes to enforcement principles that were released for consultation by the UK Gambling Commission on Friday.

December 18, 2023

Australian Regulator Names Operators That Breached User-Generated Code Rules

Australia’s online gambling regulator has found that Entain subsidiaries Ladbrokes and Neds, Flutter subsidiary Sportsbet, and bet365 breached the Interactive Gambling Act 2001 by offering “fast/quick code” facilitators for online in-play betting.

December 15, 2023

EU Reaches Deal On New AML Authority And Sanctions Enforcement

The European Parliament and Council teams have reached an agreement on a European Anti-Money Laundering Authority (AMLA), and are unified on a political agreement to criminalise the violation of EU sanctions.