91ÌìÌÃÔ­„“

The New South Wales (NSW) state casino regulator is considering its response to an external probe’s report that found The Star Entertainment Group remains unsuitable to recover its suspended casino licence.

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.

A new report from the Consumer Financial Protection Bureau (CFPB) reveals that Americans are increasingly paying significant fees when requesting cash back at large retail chains using debit or prepaid cards.

The Reserve Bank of India (RBI) has said that building instant payment linkages for remittances is a key priority, while Hong Kong has launched a new sandbox that aims to accelerate the use of tokenisation.

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.

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

The UK’s 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.

Austria’s 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.

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.

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

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.

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.

This report is part of 91ÌìÌÃÔ­„“’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.

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.

Facing strong opposition from the country’s blockchain industry, the Swiss Financial Market Supervisory Authority (FINMA) has told 91ÌìÌÃÔ­„“ that it stands by its latest guidance on stablecoin issuance.

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.

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

Brazil’s 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. 

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.

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 PSR’s 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.

Victoria state’s 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.