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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.

EBA Slams Fintechs Over Lax Compliance In New AML Risk Assessment

In its latest risk assessment, the European Banking Authority (EBA) has warned that poor practices and a lack of experience at fintechs, including payments and crypto firms, are undermining efforts to tackle financial crime.
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AI Joint Venture Demonstrates UAEs Digital and Financial Ambitions

The Middle Eastern state continues to harness financial services as an asset, moving to modernise its payments infrastructure through a public-private initiative involving the deployment of artificial intelligence (AI).
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Brazil Minister Rattles Industry With Regulatory Remorse

The government minister responsible for Brazils federal betting regulator is considering stricter rules on advertising and online casino games and says he would even outlaw online gambling altogether if given the opportunity.
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Romanian Government Eyes Legislation To Decentralise Gambling Licensing

Romanian Prime Minister Ilie Bolojan has announced that his government plans to propose a draft legislation that will enable municipal authorities to decide on licences for local gambling outlets.
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Week In Crypto: Wyoming Shares Plans To Launch Its Own Stablecoin In 2025

Wyoming pitches a potential launch date for its state-backed stablecoin, Kraken learns that it will see the SEC in court, and the wife of a detained Binance compliance executive continues to plead for his release.
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Payments

Colorado Culls Wagering Catalog Of 'Negative' Bet Types

Colorado regulators took a hard stance against bet types that professional sports leagues have said should be removed from wagering catalogs throughout the United States.
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Gambling

News In Brief: August 26-August 30, 2024

A post-merger BlueBet is leaving U.S. to focus on Australia and DraftKings acquires a microbetting provider.
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Gambling

UK Blog Supplies Details Of 'Frictionless' Financial Checks Pilot

The UKs Gambling Commission is set to launch its pilot programme to test how it will require operators to execute controversial financial risk assessments called for in the white paper.
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Gambling

Daily Dash: Austrian Bank Fined Over AML Failures

Austrias regulator has fined Hypo Vorarlberg Bank for failing to meet due diligence requirements, while a key Irish bank has introduced a new gaming block for its customers.
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Payments

Nevada Weighing Expansion Of Wagering Accounts For Non-Gaming Activities

With Nevada gamblers already using wagering accounts to fund sports betting or casino play, regulators are considering lifting a long-standing prohibition on using those same accounts to pay for restaurants, hotel rooms or other non-gaming amenities.
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Gambling

Peru Awards Online Gambling Licences

Perus gambling regulator has finally completed its assessment of licensing applications and issued a total of 120 licences to 60 online gambling operators.
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Gambling

Dutch Regulator Says Illegal Gambling Promotion Stopped After Warning

The Netherlands Gambling Authority (KSA) has said that two Dutch influencers have taken down a YouTube video advertising an illegal, unlicensed gambling operator and its website after a warning from the regulator.
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Gambling

Regulators Failing To Act Over Illegal Loot Boxes, Says Academic

Academic and prominent anti-loot box campaigner Leon Y. Xiao has criticised gambling regulators for failing to crack down on skins gambling, as he presents a new paper that characterises video game platform Steam as a purveyor of illegal gambling.
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Gambling

Outlook: Artificial Intelligence

This report is part of 蹤獲鱉鱉s Outlook series, which provides subscribers with forward-looking insights and consolidated research on key segments of the global gambling and payments industries. This edition is designed to provide high-level intelligence and forecasts surrounding the use, development and regulatory changes affecting artificial intelligence (AI), with a focus on the payments and gambling markets.
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Payments

Daily Dash: India's Retail CBDC Pilot Boasts Of 5m Users

The Reserve Bank of India has said its retail CBDC pilot is attracting users by the million, while the Netherlands has released new material to help firms comply with informational requirements under DORA.
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Payments

Swiss Regulator Responds To Criticism Of 'Unprecedented' Stablecoin Rules

Facing strong opposition from the countrys blockchain industry, the Swiss Financial Market Supervisory Authority (FINMA) has told 蹤獲鱉鱉 that it stands by its latest guidance on stablecoin issuance.
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Payments

Lithuania Sets Crypto-Asset Expectations Ahead Of MiCA Implementation

The Bank of Lithuania has issued a formal letter outlining its expectations for entities currently providing or intending to provide services related to crypto-assets.
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Payments

Virginia Lawmakers To Create Gaming Commission In 2025

A select group of bipartisan lawmakers will introduce a measure in next years legislative session that would take Virginias multiple state agencies that regulate gaming and consolidate most of them into a single independent authority.
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Gambling

All Hands On Deck For Brazil Regulator After Licensing Deluge

Brazils betting regulator has shuffled its pack to give officials more bandwidth to review all 113 licence applications that were submitted before a key deadline last week.
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Gambling

Holland Casino Warns Losses Will Soar If Taxes Rise Again

Government-owned Holland Casino lost 3.5m in the first half of the year and has warned that more losses are certain if a planned increase in gambling tax goes ahead, with a top executive raising the possibility of a government bailout.
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Gambling

Regulatory Influencer: PSR Sets Out Next Steps on Expanding Variable Recurring Payments in the UK

Earlier in August, the Payment Systems Regulator (PSR) published a response to its December call for views on variable recurring payments (VRPs) and their expansion in the UK. The call for views set out initial proposals on how the PSR could support the Phase 1 expansion of VRPs to regulated financial services, regulated utilities sectors, and local and central government. The PSRs latest publication summarises stakeholder feedback on the expansion of VRPs, revealing support for better coordination, but concerns about the need for a multilateral agreement (MLA) and, within that, a central price.
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Payments

Non-Compliant Tabcorp Suffers Record $3m Fine In Victoria

Victoria states gambling regulator has slapped wagering giant Tabcorp Holdings with a A$4.6m ($3.1m) fine over systematic compliance breaches, a state record for the company, as well as letters of censure and an operational overhaul order.
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Gambling

Week In Crypto: 2024 US Election Cycle Bankrolled By Crypto Donations

A new study reveals that the crypto industry has spent "unprecedented" amounts on influencing this years US elections, Tether is launching a new UAE stablecoin, and Australia counts the costs of crypto scams.
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Payments

New Zealand Awards Key Open Banking Role To Payments NZ

New Zealands Commerce Commission has granted conditional authorisation to Payments NZ to develop a framework for open banking, as regulators look to disrupt the "oligopoly" of the countrys four largest banks.
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Payments
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Ex-GVC Holdings CEO Among 11 Charged In UK Over Gambling Services In Turkey

The UKs Crown Prosecution Service (CPS) has charged 11 individuals with serious offences, including conspiracy to defraud and conspiracy to bribe, related to the provision of gambling services in Turkey between 2011 and 2018.
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Georgia Lawmakers Encouraged To Lift Casino, Sports Betting Ban

Sports betting remains illegal in Georgia as efforts during the 2025 legislative session failed to get a bill through either chamber of the General Assembly, a familiar pattern that has seen several years of industry optimism followed by lawmakers failing to pass any legislation.
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Spanish Lawmakers Push To Renew Ad Ban, Amp Pressure On Suppliers

Spanish authorities are once again attempting to restore a gambling advertising ban struck down by the courts and are also taking the opportunity to demand that suppliers stay away from the black market.
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All Eyes On Supreme Court As India Online Ban Ravages Industry

Indias online real-money gaming (RMG) companies and investors have begun closing operations, writing off hundreds of millions of dollars in losses and scrambling for new business plans after central government ambush legislation banned the RMG sector.
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U.S. Problem Gambling Surveys Draw Mixed Conclusions

Recent studies of the prevalence of problem gambling and problematic play have drawn a mix of conclusions about the effects of sports betting expansion.
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New York Moves To Ban Bulk Buying Of Lottery Tickets

New York regulators have moved to ban bulk buying of lottery tickets to prevent scandals such as two incidents that lead to changes with the Texas Lottery when an out-of-state syndicate bought nearly all the numerical combinations to win a $95m jackpot.
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Binance Audit Signals Next Phase Of Australias Crypto Regulation

The scrutiny of the worlds largest exchange reflects broader reforms aimed at closing gaps in virtual asset regulation and tackling money laundering risks in the digital asset sector.
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Brazil Regulator Reveals Revenue Data, Enforcement Activity

Brazils newly licensed online gambling operators generated more than US$3bn in gross revenue in the first six months after regulation, putting the Brazilian market well on track to become the second largest in the world.
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Malta Unveils Intensified AML/CTF Plan For The Year Ahead

The countrys Financial Intelligence Analysis Unit (FIAU) will scrutinise crypto companies ownership structures over the next year as part of its ongoing drive against illicit finance.
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CFPB Invites Comments On Proposed Changes To Open Banking Rule

Amid confusion around the regulation of open banking in the US, the Consumer Financial Protection Bureau (CFPB) has issued a request for comment to clarify industry views on key points.
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