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Insights

Your window into the complex world of compliance and regulations

Our industry experts regularly spend time with lawmakers, regulators and industry participants to get to the heart of regulatory issues. We deliver our expert insights across multiple media to ensure timely delivery of information to meet your everyday needs.

From quick blog insights through to industry events, we provide you with the depth and breadth of knowledge needed to help you make the right business decisions, staying compliant and gaining a competitive advantage.

Texas Federal Judge Strikes Down 'Unprecedented' US AML Law

A federal judge in Texas has temporarily blocked the enforcement of an "unprecedented" anti-money laundering (AML) law, describing it as "likely unconstitutional".
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Week In Crypto: Celsius CEO Pleads Guilty To Fraud, Faces 30 Years In Prison

Another multi-billion-dollar crypto fraudster is headed to prison, Coinbase vows to take revenge on anti-crypto US regulators, and Trump names a crypto acolyte as the Securities and Exchange Commission (SEC) chair.
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European Council Reaches Agreement On Open Finance Framework

The European Council has reached an agreement on the proposed Financial Data Access (FIDA) framework, which lays out the transition from open banking to open finance in the trading bloc.
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UK Gambling Minister Warns of Further Action On White-Label Companies

The new British gambling minister said she is reviewing the controversial practice of online gambling operators who use white label arrangements to market to gambling licensees outside the country.
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New Ukraine Bill Draws Allegations Of Rule-Bending For Lotteries

Ukraines parliament is debating draft Bill 10101, which some claim could allow national lottery operators to run casinos, bookmaking and slot operations at significantly lower costs than those imposed by the current licensing system.
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Gambling

Swedish Trade Associations Split Over Proposed Money Laundering Fine Changes

The Swedish government's plans to make gambling firms face the same maximum fines for money laundering law breaches as they do for gambling fines has split the opinion of local trade groups.
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Gambling

Lithuania Urges Payment Firms To Strengthen ICT Capabilities

Lithuanias central bank has warned e-money and payment institutions over how they manage third-party information and communication technologies (ICT) risks, pushing for stronger supervision.
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Payments

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.
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Payments

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.
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Payments

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.
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Payments

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.
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Gambling

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.
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Gambling

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.
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Payments

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.
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Payments

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.
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Gambling

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.
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Gambling

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.
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Gambling

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 Commissions latest report.
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Gambling

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.
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Payments

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.
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Payments

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.
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Payments

Mexico President Publishes Prohibitive Gaming Decree

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

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.
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Gambling

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.
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Gambling
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Brazil Operators Facing Race To The Starting Line

With just days until Brazils regulated market launch on January 1, the industry does not know exactly how many operators will be able to clear the remaining compliance hurdles and be licensed to go live.
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News In Brief: December 23-December 27, 2024

The U.S. Securities and Exchange Commission has fined Underdog, while the Pennsylvania Gaming Control Board has decided not to move forward with amendments to its self-exclusion regulations.
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Evolution Facing UK Licence Review

Supplier giant Evolutions UK licensing status has been put under formal review after the Gambling Commission identified Evolution games being offered in the UK through unlicensed operators.
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Regulator Confident Revamped Gaming Rules Are Benefitting Nevada

The Nevada Gaming Control Board will take additional steps to amend or remove outdated gaming regulations in 2025 following several successful initiatives over the past year, according to board chairman Kirk Hendrick.
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Philippines Allows Special Service Providers To Escape POGO Ban

The Philippine government has indicated that one section of the foreign-facing online gambling industry Special Class of Business Process Outsourcing (SCBPO) licensees will survive a ban on the sector.
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Colombia's President Takes Aim At Gambling Industry

Colombia President Gustavo Petro has come out swinging against the gambling industry, blaming unregulated operators for the failure of his 2025 budget bill, which was rejected by Congress.
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Italy Opens New Licensing Process For Online Gambling

The Agency of Customs and Monopolies published the tender notice in the European official gazette on December 18, officially kicking off the procedure for awarding the new nine-year online gaming concessions.
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Swedish Supreme Court Upholds Fines Against Kindred And Other Violators

Sweden's Supreme Administrative Court has denied the appeals of several gambling operators to further reduce fines imposed by the national gambling regulator for various compliance violations over the past three years.
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News In Brief: December 16-December 20, 2024

Norway appoints new gambling director, the UK names interim Gambling Commission chair, the Ukrainian regulator dismisses "fake" media reports surrounding its activities and two U.S. Representatives introduce legislation in the House to prohibit wagering on U.S. elections.
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U.S. iGaming Advocates Confronting Casino Opposition

Supporters of expanded iGaming will enter 2025 facing broader opposition than at any time in recent years, with impressive revenue growth in New Jersey, Michigan and other markets proving to be a double-edged sword.
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