Insights Archive

February 13, 2024

Daily Dash: UK Taxpayers Warm To Open Banking Payments Via Ecospend

UK taxpayers sent more than £3bn of open banking payments to HMRC last month, while Visa has announced a new partnership that will bring instant remittances to Egypt.

February 13, 2024

Philippine Bills Banning POGOs Approved For Chamber Debate

A Philippine legislative committee has approved parallel bills banning foreign-facing online gambling operations (POGOs) for wider debate in the House of Representatives.

February 12, 2024

Gaming Industry Facing An Onslaught From Cyber Crimes

The cybersecurity risks faced by the gaming industry are well-known, as hackers continue to successfully target operators in an effort to acquire sensitive customer data and hold it for ransom, with a former FBI chief warning of greater threats to come.

February 12, 2024

Industry Boss Addresses Mexican Market Challenges

The president of Mexican gambling trade group AIEJA has said the biggest challenges facing his market continue to be over-taxation and a complicated legal code that has been stitched together to patch over a gambling law not updated since 1947.

February 12, 2024

Ghana Presidential Candidate Promises To Scrap Gambling Taxes

Ghana’s vice president, who is also a prime candidate to become President later this year, has promised that he will remove gambling taxes if he is elected.

February 12, 2024

Ripple Takes Steps To Return To US Payments Market

Ripple is making its way back into the US market after three years, following a partial victory against the US Securities and Exchange Commission last year.

February 12, 2024

Just How Much Of A Gamechanger Is Apple's NFC Commitment For Europe?

Apple is opening up its tap-to-pay technology to third parties in light of pressure from the European Commission, which payments experts suggest could bring new business opportunities. But is it all too good to be true?

February 12, 2024

Daily Dash: Visa, Mastercard Among Companies To Join AI Safety Consortium

Visa, Mastercard and several big tech companies have joined a new AI safety consortium launched by the US government, while PayPal has announced a new round of layoffs in 2024.

February 12, 2024

APP Fraud Parliamentary Hearing Sees Meta On The Defence

UK lawmakers have taken to task the big tech company over its failure to rein in fraud, accusing it of failing to take the issue seriously and having no incentive to do so.

February 12, 2024

Online Casino Bill Introduced In Maryland House

A Maryland House committee will consider legislation later this month that proposes a different model for potential online casino legalization focused on diversity and inclusion.

February 9, 2024

Ontario Regulator Gives Guidance On New Ad Rules

Ontario’s gaming regulator has urged operators to use their own judgement to determine if product endorsers would violate new advertising standards that take effect this month.

February 9, 2024

Brazilian Shareholder Requirement Raises Urgent Questions

What is a Brazilian, exactly? That is the question on the tip of everyone’s tongue as interested operators struggle to understand the 20 percent Brazilian ownership requirement stipulated by Brazil's new online betting law.

February 9, 2024

Week In Crypto: Hurry Up With Federal Stablecoin Legislation, Yellen Tells US Congress

US financial regulators demand stablecoin regulation now, South Koreans face life imprisonment under a new crypto crime law, and the founder of the TerraUSD stablecoin has escaped extradition (again).

February 9, 2024

US Treasury: Payment Systems Must Address Evolving AML/CTF Risks

The US Treasury Department has published National Risk Assessment reports outlining recent updates to the US anti-money laundering/counter-terrorism financing (AML/CTF) framework and the evolving ways that payment systems are used in illicit finance.

February 9, 2024

Daily Dash: US Credit Card Debt Hits New Record High Of $1.13trn

Americans’ credit card balances continued to rise in Q4 2023, as did missed payments, meanwhile in France, an antitrust regulator has opened an inquiry into generative AI.

February 9, 2024

News In Brief: February 5-February 9, 2024

West Flagler files Supreme Court complaint in Florida battle, Pennsylvania skill games leader wants to talk regulation, Virginia in-state college betting closer to reality and Crown Resorts boss cleared of misconduct.

February 8, 2024

California Tribes Insist Pick'Em Fantasy Games Are Illegal Sports Betting

The California Nations Indian Gaming Association has submitted a legal opinion to the state attorney general contending that popular pick’em fantasy contests are illegal and violate the state’s prohibition on banking games.

February 8, 2024

Alabama Gaming Proposal Includes Casinos, Lottery, Sports Betting

Comprehensive gambling legislation set to be introduced on Thursday in the Alabama House of Representatives would give voters the opportunity to bring a state lottery, land-based casinos and sports betting to the state.

February 8, 2024

German Trade Groups Plead For Flexibility On Rules

Two German trade groups claim the Joint Gaming Authority of the States (GGL), the German gambling regulator, is taking such strict interpretations of statutes that it is strangling the legal market.

February 8, 2024

Industry Insists Research Is Unbiased

Gambling operators' surveys can be a reliable source of data, according to a panel of several gambling industry stakeholders at the World Regulatory Briefing, one of the two events that launched the ICE gambling conference.

February 8, 2024

Ukrainian Gambling Taxes Deterring Investors, Says Trade Group

The biggest problem with the Ukrainian gambling market right now is taxation, according to Viktoriya Zakrevskaya, the deputy chair of trade group the Ukrainian Gambling Council.