Archived Insights

A Premier League footballer has been banned over betting, Tennessee signs bill to update sports-betting tax and Connecticut proposes a live dealer compliance overhaul.

Cyprus’ National Betting Authority has praised the impact of its “Safer Gambling Strategy” following the publication of a long-awaited prevalence study.

Implementation of a licensing regime for sports betting is now facing a more uncertain path through Brazil’s Congress after the government agreed not to legislate through an emergency decree that would take immediate effect.

The Philippine gambling regulator has confirmed that a Clark Freeport company raided over alleged scam operations and enslavement of some 1,100 foreign workers is an approved service provider to offshore-facing gambling operators (POGOs).

Top executives for the leading U.S. sports-betting and iGaming operators insist that maximizing their brands to attract different types of players remains a persistent challenge.

<span style="font-size:11pt; font-variant:normal; white-space:pre-wrap"><span style="font-family:Arial"><span style="color:#000000"><span style="font-weight:700"><span style="font-style:normal"><span style="text-decoration:none">The Central Bank of Kuwait has issued new requirements for e-money services, including BPNL, Australia’s Westpac bank has introduced Apple’s new Tap To Pay service, and Airbnb has begun offering bank payments through Stripe.</span></span></span></span></span></span>

The United States' fourth largest bank, Wells Fargo, has agreed to pay $1bn to investors after it lied about the state of its compliance with government orders.

Key fintech lobbyists have called on the EU’s political institutions to keep payment initiation service providers out of the scope of the new Anti-Money Laundering Regulation.

Binance runs into regulatory hurdles in Canada and Australia, France offers sanctuary to US crypto firms seeking clearer regulations, and Tether announces plans to back its stablecoin with more bitcoin.

Marketing alliances between U.S. sportsbooks and colleges are fast becoming taboo, with lawmakers in Louisiana and Maryland following regulators and industry groups in imposing restrictions in response to damning media coverage.

A controversial report released by the UK Treasury Committee has said consumer crypto trading should be regulated as gambling rather than financial services.

A bill in Malta that would all but block the transfer of court judgments against gambling companies from other EU states breaks EU law, say lawyers that represent the industry, but could buy operators time as they seek to avoid repaying losses in Germany and Austria.

Long-time Kindred Group chief executive Henrik Tjärnström has resigned effective immediately to be replaced by an interim successor, chief commercial officer Nils Andén.

Suppliers and regulators continue to grapple with the challenges of specific rules governing gaming technology while adapting to a constantly changing tech landscape in other areas such as cybersecurity.

Finland’s conditional €2.4m fine for a Betsson subsidiary should be seen as a wake-up call for any operator that has received a warning from the National Police Board in the past, lawyers have said.

The Markets in Crypto-Assets Regulation and the Transfer of Funds Regulation have now both passed the final stages.

With payments industry professionals unsure about the major use cases of central bank digital currencies (CBDC), a survey of central bankers says two thirds expect to issue a digital currency within the next ten years.

Estonia’s Ministry of Finance is contemplating a gambling advertising ban, despite its fellow Baltic nations of Lithuania and Latvia outlining the difficulties they are experiencing enforcing similar restrictions.

The series of recent betting-related scandals in U.S. professional and college sports is set to test public perceptions of sports integrity and underlines the importance of athlete education programs, according to league officials speaking at last week’s SBC Summit North America.

After going almost two full years without adding a new state to the six already offering online casino gaming, industry executives hoping for a last-ditch effort to succeed in Illinois have become rather obsessive about ending the drought.

UK online slots stake limits are likely to be £5 per spin and £2 for gamblers under 25, two gambling experts have predicted.