Insights Archive

November 6, 2023

Lobbying Frenzy Set To Start In Finland

Key stakeholders in upcoming Finnish gambling reforms are preparing for a meeting later this month with officials drafting a new law, with topics such as marketing restrictions and cooling-off periods on the agenda.

November 6, 2023

Georgia Will Hike Online Taxes In 2024

Irakli Garibashvili, the Prime Minister of the Republic of Georgia, has announced government plans to increase gross gaming revenue tax for online casino and betting operators from 10 percent to 15 percent starting from January 2024.

November 3, 2023

Penn Entertainment Sets ESPN BET Launch Date

Penn Entertainment will launch its much-anticipated ESPN BET platform on November 14 across the 17 states in which the company offers online sports betting.

November 3, 2023

Skill Games Create Regulatory, Consumer Confusion In Key U.S. Gaming States

Unregulated skill-game machines are competing with legal gambling operations in several U.S. states, reducing state tax revenue from licensed gambling.

November 3, 2023

Uruguay To Propose Limiting Casino Hours, As Online Regulation Stalls

A Uruguayan deputy has announced that he will present a bill next week in the Chamber of Deputies to address gambling addiction by limiting casino operating hours and removing cash machines from premises.

November 3, 2023

News In Brief: October 30-November 3, 2023

Dubai officials have reportedly delayed the approval of casinos and the Culinary Union has set a strike deadline for Las Vegas workers.

November 3, 2023

Swedish Suppliers Brace For Compliance Test

Newly-licensed suppliers in the Swedish market have been warned that the regulator is preparing to enforce against those who continue to supply the black market, but doubts remain about the effectiveness of the policy.

November 3, 2023

UK Petition To Stop Betting Financial Risk Checks Gains Traction

A UK petition to halt the implementation of betting financial risk checks has swiftly gathered thousands of signatures.

November 3, 2023

Daily Dash: Swiss Launch Wholesale CBDC Trial

The Swiss National Bank is collaborating with the private sector on a digital currency trial, the EU’s Consumer Credit Directive has entered the Official Journal of the European Union, and Australia’s eftpos has claimed back market share from the international card schemes.

November 3, 2023

Week In Crypto: Circle Retail Account Closures Spark Redemption Fears

Circle scraps stablecoin accounts for retail customers, the UK issues a warning to Bitfinex, Tether’s sister company, and Spain looks to bring in the EU’s MiCA regulation six months early.

November 2, 2023

Maine Set To Launch Mobile Sports Betting

Maine will launch sports betting on Friday after the final adoption of its regulations earlier this week, with DraftKings set to occupy the last remaining mobile wagering skin in the state.

November 2, 2023

Florida Seminoles Set Retail Sports-Betting Launch, Mobile Wagering On Hold

The Seminole Tribe of Florida will launch retail sports betting, roulette and craps at its brick-and-mortar casinos early next month, but when mobile wagering will resume in the state is unclear.

November 2, 2023

Videoslots To Appeal €760,000 Swedish Fine For AML Shortcomings

The Swedish Gambling Authority (SGA) has fined Malta-based operator Videoslots SEK9m (€761,378) and issued it with a warning after it uncovered “serious” shortcomings in its anti-money laundering (AML) controls.

November 2, 2023

UK Gambling Commission Urges Land-Based Sector To 'Remain Vigilant' Of Risks

A UK Gambling Commission representative has highlighted a series of land-based gambling social responsibility successes and failures, as well as provided an update on its ongoing Gambling Act review consultations.

November 2, 2023

Daily Dash: Singapore Bans DBS From New Business Ventures After IT Failures

DBS has been banned from new business ventures in Singapore, and Hong Kong has found “unique value” in e-HKD.

November 2, 2023

UK Regulator Restricts Activity At Scandal-Ridden E-Money Institution

The Financial Conduct Authority imposed limitations on the activities of Dzing Finance days before an authorised push payment fraud report revealed the high volume of scam transactions at the firm.

November 2, 2023

Singapore Set To Launch Interoperable QR Code

The Monetary Authority of Singapore has announced that it will launch a proof of concept for an interoperable Singapore Quick Response Code Scheme (SGQR+).

November 2, 2023

Brazil Approaches Online Gambling Endgame

Online betting operators are anxiously awaiting a critical few weeks that will see politicians in Brasilia determine how Brazil will complete its transition from a grey to regulated market.

November 1, 2023

Spanish Trade Group Slams Regulator For 'Unjustified' Measures

Spanish trade group Jdigital has lashed out at the Director General of the Regulation of Gambling’s Gambling Prevalence Study, using the agency's own data as proof, it says, that the regulator is demonising a “responsible and moderate” gambling industry.

November 1, 2023

California Sports-Betting Initiatives Longest Of Long Shots For 2024 Ballot

As the California Attorney General’s Office reviews two proposed ballot initiatives that would allow tribes to operate retail and online sports betting, analysts and tribal officials are speculating as to why proponents would try again so soon after last year’s lopsided defeat by voters of two similar proposals.

November 1, 2023

Arkansas Seeking New Pope County Casino License Applications

The Arkansas Supreme Court’s decision to uphold a lower court ruling that said Cherokee Nation Businesses was not a qualified applicant when granted a casino license in Pope County has reopened the application process for a second time for the state’s fourth casino license.