Insights Archive

April 20, 2023

Visa Launches Tool For Merchants To Fight Friendly Fraud

Compelling Evidence 3.0, Visa’s new fraud-fighting tool aimed at preventing invalid chargebacks, goes live as friendly fraud tops merchant concerns.

April 20, 2023

Dutch Trade Groups Fear Black Market Surge

Dutch trade groups fear that the raft of incoming advertising restrictions could lead to more consumers using the black market.

April 20, 2023

Finnish Court Overrules Gambling Advertising Fine

The Helsinki Administrative Court has overturned an €800,000 fine levied by Finland’s National Police Board, which had also banned gambling advertising offered by Eurosport 1 television channel.

April 20, 2023

U.S. Sports Leagues, Broadcasters Form Responsible Advertising Coalition

Major U.S. sports leagues and television broadcasters have formed a new coalition aimed at ensuring responsible advertising of sports betting.

April 20, 2023

The Song Remains The Same: iGaming Legalization Struggles Persist In 2023

It remains a mystery to many industry executives why some 37 states and the District of Columbia allow sports betting but only six regulate internet gaming, with states such as Indiana, Illinois and New York all coming up short in their efforts to legalize iGaming in 2023.

April 19, 2023

Indonesia Seeks Domestic Credit Card Network To Rival Visa, Mastercard

In a further display of payments nationalism, Indonesia is set to launch a domestic credit card network that will offer a low-cost alternative to Visa and Mastercard.

April 19, 2023

Western-Super-App? What Twitter’s eToro Tie-In Could Mean

Twitter’s announcement that it is partnering with the crypto platform shows that Elon Musk is serious about a move into finance, but how impactful will this be?

April 19, 2023

Dutch Fine For BetEnt As Ad Ban Details Published

The Netherlands Gambling Authority has issued a €400,000 fine to BetEnt, a Dutch online gambling company owned by Entain, for distributing advertising that was improperly directed to young adults, as the government reveals details of its impending advertising prohibition.

April 19, 2023

Massachusetts Mobile Sports-Betting Opening Tops $568m In Handle

Online sportsbooks in Massachusetts brought in just over $46m in gross revenue in the state’s abbreviated first month of business, a strong opening performance that immediately catapults the state into the upper echelon of U.S. sports-betting markets.

April 19, 2023

Italy Pushes Forward Retail Reorganisation After EU Ruling

Under the cloud of a Court of Justice of the European Union ruling, Italy is attempting to finally complete the controversial remodelling of its multi-billion euro land-based sector.

April 19, 2023

Court Ruling On Florida Compact Could Impact Sports Betting In California

Legal experts predict that sports-betting ballot initiatives are likely to be resurrected in California, with the future of Indian gaming to be significantly influenced by a pending decision from a federal appeals court in Washington, D.C. regarding a gambling compact between the Seminole Tribe and Florida Governor Ron DeSantis.

April 19, 2023

Norwegian Monopoly Increases Profit, Customers

Profits and number of customers increased at Norwegian government-owned gambling monopoly operator Norsk Tipping in 2022, according to its latest annual report.

April 18, 2023

SEC Gives Green Light To PayPal ’Viewpoint Discrimination’ Probe

The US Securities and Exchange Commission (SEC) has given the thumbs up for shareholders to decide whether to investigate “viewpoint discrimination” at PayPal after the firm’s proposal to hand out fines for spreading misinformation backfired.

April 18, 2023

Australia Regulators In Panic As Losses From Scams Rocket In 2022

Australian regulators are scrambling to protect consumers following a new report showing that Australians lost at least A$3.1bn ($2bn) to scams in 2022.

April 18, 2023

Relief As UK Regulators Unveil Next Open Banking Chapter

The Joint Regulatory Oversight Committee has set out its recommendations for the next phase of open banking in the UK.

April 18, 2023

India To Block Payments For Illegal Online Gaming

India is preparing to order payments companies and other financial institutions to block payments to illegal domestic and foreign gaming websites, a Cabinet official told the Economic Times on Monday.

April 18, 2023

Brazil Betting Tax Rate Much Higher Than UK, Lawyers Warn

Brazilian gambling interests are unhappy with the government's proposed tax rates for sports betting, arguing that the UK's headline rate of 15 percent is not a like-for-like comparison due to various other taxes that will also be applied.

April 18, 2023

Finland Needs Licensing Or More Enforcement Powers, Says Report

Finland's monopoly system is at a “crossroads” and it must consider introducing a licensing system or more measures to prevent unlicensed online gambling, according to a highly anticipated report by the Ministry of the Interior.

April 18, 2023

Nevada Assembly Passes Lottery Bill, Gaming Reform Clears Committee

Despite opposition from the casino industry, the Nevada Assembly on Monday approved a constitutional resolution to legalize a lottery, the latest effort over the decades to add the Silver State to the list of 45 states that have lotteries.

April 17, 2023

Switzerland To Explore Stablecoins, Wholesale CBDC In New Tokenised Settlement Tests

The Swiss central bank has confirmed that it will use stablecoins and wholesale central bank digital currency (CBDC) to test tokenised settlement models, in an attempt to study both public- and privately-issued tokenised money.

April 17, 2023

FedNow Caught Up In Presidential Hopeful’s CBDC Misinformation

FedNow, the upcoming US instant payment system, has been described as a central bank digital currency (CBDC) by Democratic presidential candidate Robert F Kennedy Jr, who claims it is the "first step" to ultimate government surveillance.