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Archived Insights

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Our industry experts regularly spend time with Members of Parliament, the 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.

Year
Month
Gambling
Payments
Jurisdiction
December 17, 2024

Entain Prosecuted In Australia Over 'Systemic' AML Failures

After a 27-month investigation, Australian financial transactions regulator AUSTRAC has launched a civil prosecution against Entain's Australian subsidiary over 鈥渟erious and symptomatic non-compliance鈥 with anti-money laundering and counter-terrorism financing laws.
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December 16, 2024

Nevada Regulators Revoke License Of Former Casino Executive

Nevada gaming regulators have agreed a settlement that will effectively cost Scott Sibella, the former top executive with Resorts World Las Vegas and MGM Grand, his career in the casino industry almost a year after he pled guilty to criminal charges associated with a money laundering case involving an illegal bookmaker.
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December 16, 2024

Brazil 'Sin Tax' Advances, As Colombia VAT Plan Stalls

Online gambling groups in Brazil and Colombia have had contrasting fortunes in their lobbying efforts to avert new taxes being applied to the industry.
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December 16, 2024

CFPB Director Hints That He Will Not Resign, But 'Respects' Trump's Right To Fire Him

The director of the US Consumer Financial Protection Bureau (CFPB) has refused to say whether he will resign when Donald Trump takes office, leading to speculation that he will be fired.
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December 16, 2024

UK Treasury Taps City Lawyer To Review Payments, E-Money Insolvency Framework

HM Treasury has confirmed the appointment of Adam Plainer, a prominent restructuring lawyer in London, to lead a review of the insolvency regime for payments and e-money firms.
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December 16, 2024

PSR To Merge Managing Director Role With FCA Position

The UK payments regulator has confirmed that it will be recruiting for a managing director, who will also be responsible for oversight of payments and digital assets at the Financial Conduct Authority (FCA).
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December 16, 2024

CFPB's Final 1033 Rule A Missed Opportunity For Some, Despite Progress

The final version of the rule on data sharing was welcomed by much of the industry, but some in the sector consider it a missed opportunity to advance safer open banking in the US.
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December 16, 2024

Cross-Border Interchange Fees At 'Unduly High Level', Says PSR

The Payment Systems Regulator (PSR) has confirmed significant competition concerns regarding cross-border interchange fees and is proposing a price cap to curb excessive costs for UK businesses. However, it remains open minded as to what this price cap will be.
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December 16, 2024

Tennessee Targets Influencers In Updated Sports-Betting Rules

Tennessee regulators will consider new rules for sports betting next month that include unique requirements for the use of influencers or brand ambassadors by operators to promote their products.
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December 13, 2024

News In Brief: December 9-December 13, 2024

A coalition of sports-betting operators in Michigan is organising opposition to a 0.1 percentage point tax increase.
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December 13, 2024

Daily Dash: Egypt Launches New Instant Payouts Service For Incoming Remittances

The Central Bank of Egypt (CBE) has announced the launch of a new banking feature, which will allow customers to receive remittances in real time via the country鈥檚 instant payment network (IPN).
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December 13, 2024

Regulatory Influencer: Saudi Arabia E-Wallet Rules Catalyse Digital Transformation

On November 17, 2024, the Saudi Central Bank (SAMA) published E-Wallet Rules as part of its reforms to the supervision of electronic money institutions (EMIs). The new rules include provisions and obligations related to the requirements for opening electronic wallets (e-wallets) and the verification of clients鈥 identities.
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December 13, 2024

Week In Crypto: US Regulators Urge Congress To Pass Federal Stablecoin Legislation

US regulators have called on lawmakers to introduce federal stablecoin legislation, in an effort to guard against the risk of runs and fraud posed by 鈥渙paque鈥 issuers.
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December 13, 2024

European Commission Pushes For 鈥楴o Action Letter鈥 To Address PSD2/MiCA Interplay

The European Commission has acknowledged the 鈥渃ertain overlap鈥 between the Payment Services Directive (PSD2) and the Markets in Crypto-Assets (MiCA) regulation, calling for supervisory authorities to take action.
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December 13, 2024

Danish Hardware Business Faces Enforcement Action For Mastercard Surcharge

The Danish Competition and Consumer Authority has said that it will report retail merchant Silvan to the police, for violating the country鈥檚 Payments Act by charging a fee for a customer paying with Mastercard.
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December 13, 2024

Illinois Licenses Bet365, Keeps Temporary Ban On Objectionable NFL Wagers

The Illinois Gaming Board has granted a sports-betting license to bet365 to offer retail and mobile wagering though a partnership with Walker鈥檚 Bluff Casino, while keeping a temporary suspension on certain National Football League wagers in place until next year.
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December 13, 2024

Kindred Appeal Loss Means It Must Prove It Has Exited Norway

An appeals court loss for Kindred Group鈥檚 Trannel International has led the Norwegian Gambling and Foundation Authority to order the Fran莽aise des Jeux (FDJ)-owned online gambling company and its rival Betsson Group to confirm they do not market gambling to Norwegians, or face daily fines.
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December 12, 2024

Online Casino Discussions Begin In Louisiana

A Louisiana Senate committee held its first conversations about potentially adding online casinos to the state鈥檚 gaming portfolio on Wednesday, while the state鈥檚 top gaming regulator said more cease-and-desist letters are coming for unregulated operators.
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December 12, 2024

Daily Dash: International Operation Catches Scammers

An international operation supported by EU agencies Europol and Eurojust has dismantled a "phone phishing" gang operating across Belgium and the Netherlands, resulting in the arrest of eight suspects.
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December 12, 2024

Daily Dash: South Korea Opens Applications For Innovative Financial Services Designation

The Financial Services Commission (FSC) of South Korea has opened the application period for its Innovative Financial Services designation.
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December 12, 2024

Irish Authorities Set Up Advertising Regulation Partnership

Ireland鈥檚 nascent regulator has announced an arrangement with the country鈥檚 advertising authority that will see the ad body handle some gambling marketing complaints.
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