Insights Archive

November 21, 2023

Daily Dash: Los Angeles Bans Merchants From Going Cashless

Lawmakers in Los Angeles have unanimously rejected the move towards a cashless city, the CEO of Epic Games has labelled Google "crooked", and new research has found that Australians are cutting back on subscriptions.

November 21, 2023

Huge Cut To Visa Debit Interchange Shakes Up Payments Market In Australia

A 90 percent cut to Visa Debit interchange fees on certain transactions in Australia has issuers and acquirers scrambling to reposition themselves in a rapidly changing market.

November 21, 2023

US Regulator Hits Kraken With Compliance Failure Claims

The US Securities and Exchange Commission has charged crypto exchange Kraken over a range of compliance violations dating back to 2018.

November 20, 2023

Ohio Grants Six-Month Sports Betting Use It Or Lose License Extension

Mobile and retail sports-betting licensees that have yet to launch in Ohio will get a six-month extension after gaming regulators approved a waiver for more than a dozen licensees.

November 20, 2023

Florida Supreme Court Denies Request To Halt Seminole Sports Betting

The Florida Supreme Court has unanimously denied a request to require the Seminole Tribe to suspend online sports betting while the court determines the fate of wagering in the state.

November 20, 2023

Singapore Publishes Further Requirements For COSMIC Data Sharing

The Monetary Authority of Singapore has opened a new consultation on requirements for financial institutions using COSMIC, a platform designed to prevent money laundering and terrorist financing.

November 20, 2023

Daily Dash: Singapore QR Code Tie-Up With Indonesia Goes Live

Singapore has launched its QR code linkage with Indonesia, Mastercard has unveiled a CBDC-backed debit card in Kazakhstan, and Hong Kong has moved ahead with a pilot using multiple credit reference agencies.

November 20, 2023

Belgian Operators Agree Voluntary Care Code

The six members of the Belgian Association of Gaming Operators have agreed to abide by a new voluntary duty of care requirement.

November 17, 2023

Maryland Senator Says iGaming Needed To Plug Budget Deficit

Democratic state Senator Ron Watson has said a new study submitted to the Maryland General Assembly makes it clear the state would benefit financially from a regulated online gaming market, although projected revenues are not enough to close an anticipated budget deficit.

November 17, 2023

News In Brief: November 13-November 17, 2023

UK Gambling Commission to launch a second round of consultations in "coming weeks", Dutch TOTO loses legal fight over technical error payout and the California Nations Indian Gaming Association votes against two sports-betting proposals.

November 17, 2023

Gambling Among British Children Declining, Says Report

Far fewer children and young people gambled in England, Scotland and Wales over the past 12 months than last year, according to the Gambling Commission’s latest report.

November 17, 2023

Daily Dash: Wholesale CBDC To Go Live In Singapore In 2024

Singapore has confirmed that it will launch a "live" wholesale central bank digital currency (CBDC) in 2024, Commerzbank has become the first bank in Germany to obtain a crypto custody licence, and Czechia has launched a new mobile payments platform.

November 17, 2023

MEP Wants Payment Services Regulation To Hold Social Media Firms Accountable For Fraud

A member of the European Parliament (MEP) is seeking amendments to the Payment Services Regulation, requiring stricter oversight for social media firms and others to crack down on payments fraud.

November 17, 2023

Week In Crypto: New York Strengthens Token Listing Rules In New Guidance

New York tightens up its coin listing and delisting rules, US lawmakers request a full accounting of Hamas crypto wallets, and LUNA creator Do Kwon sees his Montenegro prison sentence upheld.

November 17, 2023

Mexico President Publishes Prohibitive Gaming Decree

Mexico’s government has enacted drastic regulatory reforms to ban slot machines or other casino games in the country’s gaming halls, ignoring industry pleas that the changes would decimate revenues and lead to thousands of job losses.

November 17, 2023

Massachusetts Regulators Grant Further Extensions For Data Privacy Rules

Massachusetts regulators have agreed to waive certain parts of their new data privacy regulations through next June, as operators continue to push for more time to implement the complex rules.

November 16, 2023

Maryland Study Supports iGaming Legalization

Amid the debate over whether lawmakers will ask Maryland voters next year to legalize internet gaming, an official legislative study has projected that a regulated market for online slot machines and table games could generate almost a billion dollars in annual gross gaming revenue.

November 16, 2023

DraftKings Introduces New Parlay Sportsbook Product

DraftKings has unveiled plans for a new offering that rivals some products offered by competing daily fantasy companies as pick’em-style contests.

November 16, 2023

Suppliers Eyeing Up LatAm Opportunities

Gambling industry suppliers are eagerly awaiting new Latin American markets to regulate online gambling, according to a panel of industry experts.

November 16, 2023

Daily Dash: IMF Launches CBDC Handbook

The International Monetary Fund (IMF) has published a central bank digital currency (CBDC) handbook, while the Belgium regulator has issued a survey on preparedness for the Digital Operational Resilience Act (DORA).

November 16, 2023

European Parliament Releases Industry-Friendly Amendments To PSD3

The Economic and Monetary Affairs Committee has shared its thoughts on the revised Payment Services Directive (PSD3), suggesting amendments in favour of payment and e-money institutions.