Insights Archive

December 5, 2023

MPs Publish Less Than Enthusiastic Digital Pound Report

Development of a Bank of England retail digital pound should "proceed with caution", UK members of parliament (MPs) have warned in a new report, emphasising concerns around data privacy and financial stability.

December 5, 2023

Binance Prosecution Sparks Concern In Brussels

Members of the European Parliament have probed the European Commission over whether incoming crypto rules will be able to rein in bad actors, in light of the Binance case in the US.

December 4, 2023

Argentina's Santa Fe Province Rushes To Regulate Online Gambling

Santa Fe is the latest province to move towards online gambling regulation, making it the last of Argentina's most populous provinces to establish a licensing framework, as it joins the ranks of Buenos Aires City and Province, Mendoza and Córdoba.

December 4, 2023

Massachusetts Considers How Sports-Betting Operators Exit Commonwealth

As Kindred Group’s Unibet becomes the latest sports-betting brand to announce its exit from the U.S. market, state gaming regulations that guide companies through their exit strategies have become more important.

December 4, 2023

Payments Industry Welcomes SPAA Launch

The latest version of the SEPA Payment Account Access (SPAA) scheme rulebook came into effect at the end of last year, with optimism that it will benefit open banking and instant payments.

December 4, 2023

Feedzai, Mastercard Join Forces To Fight Bank-To-Crypto Money Laundering

Feedzai, a provider of financial crime and risk management solutions, has partnered with Mastercard to fight money mules who launder stolen funds from banks to crypto exchanges.

December 4, 2023

Daily Dash: New Swift Launch Brings Instant Cross-Border Payments To Europe

Swift has unveiled a new cross-border instant payments solution for Europe, Revolut has begun its search for a new auditor, and Argentina has delayed its new rules on QR codes for a second time.

December 4, 2023

Missouri Sports-Betting Supporters To Pick Preferred Ballot Model

Supporters of a potential ballot initiative in Missouri are now tasked with determining which of eight potential sports-betting models they intend to put forward to voters.

December 1, 2023

Oklahoma Tribes Warn Governor's Sports-Betting Plan May Threaten Compact

After Kevin Stitt, a citizen of the Cherokee Nation, was elected governor of Oklahoma in 2019, tribal leaders were optimistic they could have a working relationship with his administration but now into his second term they continue to be surprised by his adversarial approach to tribal affairs.

December 1, 2023

Spain's Constitutional Court Passes On Case Against Advertising Royal Decree

A legal bid to overturn Spain’s stringent advertising regulations has suffered a setback, after the country’s Constitutional Court ruled it will not be addressing the claims of unconstitutionality filed by trade group Jdigital.

December 1, 2023

Entain's BetEnt Fined €3m For Dutch AML Violations

The Netherlands Gambling Authority has fined BetEnt, Entain’s Dutch unit, €3m for failures in anti-money laundering and counter-terrorist financing procedures.

December 1, 2023

Daily Dash: UK Regulator Takes Action Against Money Transfer Firms

The UK’s financial watchdog has fined three money transfer firms for cartel behaviour, while bigtech companies have signed up to the UK’s new online fraud charter.

December 1, 2023

Week In Crypto: Cristiano Ronaldo Hit By $1bn Class Action For Binance 'Shilling'

A new class action targets a world-renowned footballer, US prosecutors ask Changpeng Zhao to stay put until sentencing, and Filipinos are warned to stay away from Binance.

December 1, 2023

News In Brief: November 27-December 1, 2023

A Swedish consumer survey has revealed that the general public believe gambling addiction is widespread, among worrying signs for the industry's reputation.

November 30, 2023

North Carolina Rules Out Super Bowl Sports-Betting Launch

North Carolina gaming regulators dashed the hopes of sports-betting optimists by confirming that the state’s mobile sports wagering program will not launch ahead of February’s Super Bowl.

November 30, 2023

UK Regulator Consults On Curbing Bonus Wagering Requirements

The UK’s Gambling Commission has released a second set of consultations on proposed gambling licensing changes, including significant proposals to curb wagering requirements for bonuses and restrict how operators cross-sell players to different gambling products.

November 30, 2023

Daily Dash: Canada's 'Love-Hate Relationship' With Cash Continues, Survey Finds

A new survey has found that most Canadians are not ready to give up cash, Dojo Finance has launched in Ireland, and Volt’s instant payments platform has expanded to Australia.

November 30, 2023

Sweden's Central Bank: 'The State Must Take Responsibility For Payments'

In a sign of Europe’s increased focus on financial inclusion, a senior official at the Riksbank has said that "there is neither reason nor time" for the government to delay an intervention in the payments ecosystem.

November 30, 2023

European Parliament's Digital Euro Ambitions Remain Unclear

Payments experts and European lawmakers appeared unsure on how a digital euro could benefit the eurozone in a public hearing this week.

November 30, 2023

Online Casino Opponents Stall Brazil Senate Vote

A scheduled Senate vote on Brazil’s bill to regulate sports betting and online casino games has been delayed for at least one week after a group of anti-gambling senators invoked Senate rules allowing them more time to review the measure.

November 29, 2023

'Chances Are You're About To Lose' Called Effective Safer Gambling Message

An academic study of US and UK sports bettors has found that new Australian safer gambling messages, including “Chances are you’re about to lose” and “You win some. You lose more”, are more effective than other messages in wide scale use.