Insights Archive

November 29, 2023

Daily Dash: Worldline Secures Future UK Market Presence

Worldline has secured its place in the UK market as a result of a post-Brexit licence, the European Commission has opened a consultation on DORA, and Hong Kong has launched a new alert system for users of the Faster Payment System.

November 29, 2023

UK Needs 'National Conversation' On CBDC, Says BoE Deputy Governor

A new hire at the Bank of England (BoE) has said the UK needs a "national conversation" on central bank digital currency (CBDC) — an area that will be a contentious issue in 2024.

November 29, 2023

Eftpos Still A Mystery To Half Of Australians, RBA Survey Finds

A new survey by the Reserve Bank of Australia (RBA) has found that consumers are still unsure what eftpos is, despite most of them using eftpos debit cards.

November 29, 2023

Kindred To Exit North America, Cut 300 Jobs

Kindred Group has announced plans to exit the North American market and cut 300 staff positions as part of a strategic review that it says will save £40m per year.

November 29, 2023

Victoria Parliament Committee Piles Pressure On Online Operators

Pressure continues to build on corporate and retail bookmakers in Australia’s Victoria state after a parliamentary committee recommended tougher advertising, reporting and harm minimisation rules.

November 29, 2023

Smaller Mississippi Casinos Remain Opposed To Mobile Betting

Mississippi’s Mobile Online Sports Betting Task Force wrapped up its series of meetings on Tuesday with opposition remaining from smaller casino operators to expanding the state’s sports-betting offerings.

November 28, 2023

California Tribes, Cardrooms Oppose Blackjack Regulation Changes

Both cardrooms and tribal casino operators in California have expressed their opposition to proposed regulations altering blackjack-style games and the rotation of the player-dealer position at cardrooms in the state.

November 28, 2023

Brazil Senate Set To Vote On Betting Bill

Brazil’s sports betting and online gaming Bill PL 3626/23 is getting the fast-track treatment, with a final Senate vote scheduled for tomorrow despite the fact that many senators will be away at the United Nations Climate Change Conference in Dubai.

November 28, 2023

UK Industry Group Warns Of Stealth Online Tax Increase

The UK gambling industry’s largest trade group has reacted with dismay to news that the government is considering hiking taxes on online betting.

November 28, 2023

Entain Close To Agreeing £585m Penalty With UK CPS

Entain has reached a preliminary approval for its agreement with the UK’s Crown Prosecution Service (CPS) to pay a £585m penalty over its former Turkish-facing business.

November 28, 2023

Daily Dash: Dutch Banks Issue Guidelines To Tackle Sex Worker De-Risking

The Netherlands has introduced new industry guidance to enable sex workers to open bank accounts, the EU Council has approved a new law on harmonised data rules, and Hong Kong’s Anti-Deception Alliance goes live.

November 28, 2023

Bank Of Lithuania Fines Contis €840,000 Over Compliance Failures

Contis has been fined €840,000 for several compliance failures, including anti-money laundering and counter-terrorist financing, information security and business continuity risk.

November 28, 2023

Merchants Push For Digital Euro To Have 'Close To Zero' Fees

While welcoming the digital euro as an additional payment method, trade associations want to ensure it is consumer-friendly and cost-effective for merchants — pushing for low fees.

November 27, 2023

What Next For Crypto After Binance's $4.3bn Settlement?

As 2023 draws to an end, Binance has become the latest casualty of a continued crackdown on crypto firms by US regulators. Following a record-breaking settlement, Binance has said it will fight on, but are such hopes realistic given the seriousness of the charges?

November 27, 2023

Daily Dash: Progress For EU’s SPAA Scheme

The European Payments Council has published the business conditions for its SEPA Payment Account Access (SPAA) scheme, while the European Banking Authority (EBA) has begun consulting on the travel rule for crypto firms.

November 27, 2023

What Will The Cabinet Reshuffle Mean For UK Regulation In 2024?

Following a reshuffle, key ministerial staff at HM Treasury are now new to their roles, raising questions as to whether plans laid out in 2023 will sail seamlessly into 2024.

November 27, 2023

Collection, Protection Of Consumer Data Key For U.S. Gaming Industry

The U.S. gaming industry collects massive amounts of customer data for marketing free play at slot machines or for mobile sports-betting bonus offers, but researchers also want to use that data to classify those with gambling problems.

November 27, 2023

California Attorney General Investigating Daily Fantasy Sports Legality

The California Attorney General’s Office is preparing a formal opinion regarding the legality of daily fantasy sports in their entirety under state law, Vixio GamblingCompliance has learned.

November 27, 2023

India Reportedly Forms Ministerial Group To Assess Online Gaming

India’s government has scheduled a first-ever Group of Ministers (GoM) meeting for next month to formally address online gaming regulation, hinting that certainty around enforcement, taxation and self-regulation is now a cabinet priority.

November 24, 2023

Mexican Gambling Experts Rail Against Regulatory Changes

Mexican gambling lawyers and industry officials are issuing a collective sigh of frustration at a presidential decree which purports to ban slot machines and other casino games in gaming halls.

November 24, 2023

Daily Dash: New Eurosystem Retail Payment Strategy Strives For 'Resilience'

The European Central Bank has said resilience will be a key goal for retail payments in 2024, Tempo has published new research on the growth of euro-backed stablecoins, and the Bank of Korea prepares for a CBDC "usability test".