Insights

Embattled Entain chief executive Jette Nygaard-Andersen has stepped down, effective today.

Crown Resorts CEO Ciarán Carruthers is under investigation by a board-appointed law firm over possible compliance breaches at Crown Melbourne, just one month before the casino’s government overseer releases a report crucial to its survival.

Sports betting is set to launch in Vermont next month following the selection of three operators by state regulators on Tuesday.

Regulators have disclosed handle and tax figures showing Kentucky is already ahead of revenue projections after the first two and a half months of legal sports betting in the Bluegrass State.

The National Collegiate Athletics Association (NCAA) has engaged an artificial intelligence (AI) firm to help monitor online social media abuse and threats toward collegiate athletes related to sports betting.

The UK’s new City minister and Treasury secretary has told Vixio he recognises the strength of public opposition to a digital pound, but does not think that should derail the project.

Canadians have voiced strong opposition to a digital Canadian dollar, Westpac has enabled merchant choice routing for online transactions, and Circle has launched a new stablecoin partnership with the world’s largest neobank.

The New South Wales (NSW) state government has launched an unprecedented crackdown on minors who gamble in licensed premises, warning that entry bans for offenders of a year or more will be timed from their 18th birthday.

Georgia state legislators have said they will take another shot at putting a significant gaming expansion on the ballot for voters to consider in 2024, potentially including both sports betting and land-based casinos.

The Model Money Transmission Modernization Act is a model act introducing a multistate supervisory system and harmonizes money transmitter licensing requirements and prudential standards across the United States. This model has made significant strides through state legislatures during the 2023 legislative sessions, and is expected to gain even more traction in 2024. This analysis will look at what the model law is, five of its key provisions, and the current status of its state-level adoption.

Amazon has cut short its partnership with Venmo, while the UK financial watchdog has begun consulting on new access to cash rules.

Sweden’s largest gambling trade group has made official its opposition to a planned tax increase, labelling it contradictory, as it publishes documents submitted to the government.

Malaysian billionaire Chen Lip Keong, founder and “senior CEO” of Phnom Penh casino monopoly holder NagaCorp, has died at the age of 75, with his top CEO post passing to son Chen Yiy Fon.

The acquisition of Nevada’s largest slot-route operator should be finalized by the end of the year, as regulators continue to welcome private-equity investments in the state’s gaming industry. as J&J Ventures Gaming is set to create a business of considerable size with its acquisition of Golden Entertainment’s distributed gaming routes.

After several weeks of limited access for Florida gamblers, the Seminole Tribe's Hard Rock International fully launched its mobile sports-betting app on Thursday, even as a pair of court challenges remain active in the state's Supreme Court and potentially in the U.S. Supreme Court.

Massive interest in Brazil licences, UK study recommends gambling treatment, a new chairman is elected at the American Gaming Association and Australia's Star Entertainment is warned it may be shut down over compliance travails.

Malta has submitted two separate notifications to the European Commission flagging what it considers to be a host of regulatory barriers that may be a “cause for concern” in Ireland’s Gambling Regulation Bill 2022.

A debut interview from Binance’s new CEO leaves more questions than answers, Coinbase continues to flatter UK regulators, and Colombia’s new President courts Bitcoin lobbyists.

A US regulator has provided new guidance for payment service providers (PSPs) who offer buy now, pay later (BNPL) loans, while the Singaporean watchdog has published a new consultation on its new information sharing platform.

Brazil’s Senate has again postponed voting on the sports betting and online gaming bill, raising questions if the bill will be signed by President Luiz Inácio Lula da Silva before the holiday recess that begins on December 22.