Insights Archive

March 30, 2023

Illinois VGT Czar Says Don't Hold Your Breath On Internet Gaming

The leader of the industry dominating the Illinois gaming market on Wednesday reiterated his firm opposition to bills in the state legislature seeking to legalize online casino games.

March 30, 2023

Chhattisgarh State Legalises Online Skill Gaming With Stakes

The Indian state of Chhattisgarh has legalised land-based and online skill gaming with stakes, becoming the third jurisdiction in the nation to codify online gambling after the state of Meghalaya withdrew its gaming law.

March 29, 2023

Long Road To Least-Cost Routing: RBA Publishes First Progress Report

As promised, the Reserve Bank of Australia (RBA) has begun publishing reports on the availability of least-cost routing for in-person debit card payments, in an effort to help merchants reduce costs.

March 29, 2023

Progress For EU AML Package After Committee Approval

Parliamentary committees leading on the EU’s new anti-money laundering (AML) package have adopted a position that can be voted on by their colleagues next month.

March 29, 2023

Atlantic Money Takes Wise Complaint To Brussels

Money transfer firm Atlantic Money has confirmed it has escalated its antitrust claim against Wise to the European Commission’s competition department.

March 29, 2023

Start Of A New Paze - US Banks Unveil New Digital Wallet Solution

US banks are planning to introduce a new digital wallet solution called Paze to compete with rivals such as Apple Pay, Google Pay and PayPal.

March 29, 2023

Opposition Grows To Belgian Advertising Ban

Opposition to a planned Belgian ban on gambling advertising is rising, with media groups joining the country’s major sports organisations in speaking out against the ban due to take effect on July 1.

March 29, 2023

Kansas Lawmakers Warned Of IGRA Violation With Tribal Sports-Betting Bill

A bill that would allow federally-recognized tribes in Kansas to negotiate gaming compacts with the governor for mobile sports betting “outside the boundaries of Indian land” is being opposed by commercial casino operators who believe it would violate both state and federal law.

March 29, 2023

North Carolina Sports-Betting Bill Clears Key House Vote

Online sports-betting legislation in North Carolina cleared a key hurdle on Tuesday, earning a favorable vote in the state's House of Representatives where it failed to receive one last year.

March 29, 2023

Betr Founder Jake Paul Faces Scrutiny From U.S. Gambling Regulators

Jake Paul, the celebrity professional boxer and co-founder of sportsbook operator Betr, could face scrutiny over his gaming licenses in Ohio and Massachusetts after reaching a settlement with the U.S. Securities and Exchange Commission for promoting cryptocurrency without disclosing he was paid to do so.

March 28, 2023

As Block Tumbles In Wake Of Hindenburg Exposé, How Will Regulators Respond?

After a major short-seller accuses Block of facilitating “frictionless” fraud, the payments industry speculates as to how regulators will respond. In the meantime, Block insists it will see Hindenburg in court.

March 28, 2023

Wise Asks For Public’s Help To Take On Hidden Cross-Border Costs

Wise has taken aim at banking competitors as it pushes for UK policymakers to crack down on hidden inflated exchange rates as part of the HM Treasury’s ongoing payment service regulations review.

March 28, 2023

Regulators Must 'Catch Up' To Looming Challenges From AI

An online gambling veteran has warned regulators that they “need to catch up” with rapid developments in artificial intelligence (AI) in the gambling industry beyond those related to problem gambling mitigation.

March 28, 2023

Conflicting Court Rulings Put U.S. Federal Regulation Of Horseracing In Limbo

The first law establishing federal regulations for the sport of horseracing is tied up in the courts, increasing the chances the U.S. Supreme Court will make the ultimate decision on whether the law violates the U.S. Constitution.

March 28, 2023

Massachusetts Gaming Regulator Clarifies Affiliate Marketing Rules

Massachusetts regulators agreed on Monday to adopt a revised rule governing third-party affiliate marketers that would permit a traditional “cost-per-acquisition” model while limiting models that include a contracted revenue share.

March 28, 2023

William Hill To Pay Record £19.2m For 'Widespread And Alarming' Failings

Three William Hill Group businesses will pay a record £19.2m in a UK enforcement case, with the Gambling Commission warning that the anti-money laundering and social responsibility failings were so alarming that “serious consideration” was given to suspending the operator's licence.

March 28, 2023

Kenya Advancing Plans To 'Overhaul' Gambling Regulation

Kenya’s government is advancing plans to update its gambling laws and increase revenue collection from the sector, as it opens consultations on three landmark bills.

March 27, 2023

Never Signed Up For That? FTC Reins In Deceptive Subscription Fees

The US Federal Trade Commission (FTC) is proposing a rule change to make it easier for consumers to cancel recurring subscriptions.

March 27, 2023

Everyone’s A Winner? Tweaks But No Divergence In UK Data Bill

With the UK’s latest attempt to replace EU data regulation now introduced to parliament, experts are satisfied that equivalence will be maintained and that it lays the foundations for a UK form of digital identity.

March 27, 2023

Wyoming To Issue Stablecoin After State Governor Withdraws Veto

Wyoming is set to become the first US state to issue a stablecoin by the end of the year after the state governor reluctantly allows the Stable Token Act to pass.

March 27, 2023

Revolut Accounts For Nearly Quarter Of Complaints To Bank Of Lithuania

The Lithuanian central bank has revealed a huge rise in complaints received about payment firms, which now account for four out of five of all submissions. By far the biggest culprit is fintech giant Revolut, which accounted for 23 percent of all complaints.