Daily news

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    The Australian Banking Association (ABA) is looking to gather stakeholder feedback on potential restrictions on the use of credit cards to fund online gambling, and how banks can help better protect players. Interested parties will have until 4 March, 2020 to share their views on controls such as an outright ban, and how and when this could be implemented.

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    The UK Liberal Democrat Party have announced they will ban the use of credit cards for gambling if the party wins a majority in the country’s upcoming election on 12 December.

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    The Kenyan government's struggles with the country's betting and gaming industry will hit mobile network operator Safaricom's revenue, with the contribution from its M-Pesa mobile payments solution set to decline, according to analysts for investment bank Genghis Capital.

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    The British Gambling Commission has issued advice for licensees leaving the market, a little over six months after Irish sports betting operator BetBright’s closure left customers in limbo as to the status of their bets.

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    Members of the Gaming Regulators’ European Forum (GREF) have completed their year-long study into gambling-like microtransactions in video games, but have opted against specific recommendations to introduce measures against the features.

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    The Swedish Gaming Authority (Spelinspektionen) has written to payment service providers warning them not to do business with unlicensed gambling operators targeting the country's regulated igaming market.

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    Kenyan president Uhuru Kenyatta has called upon the country's lawmakers to pass a total ban on gambling in the country, also warning that he expected bookmakers to pay in full any taxes considered to be owed to the authorities.

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    PayPal has made changes to its terms of use in the Germany, which will see operators prohibited from using the popular online payment system to process transactions for products that are not legal in the jurisdiction in which they are used.

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    The Oslo District Court has ruled that the Norwegian government does have the right to block payments to offshore igaming operators, and that the move does not contravene EU law. However the plaintiffs in the case could still prevail in a second hearing dealing with the issue of whether the blocking measures constitute an illegal restriction on the provision of services within the European Economic Area.

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    The GB Gambling Commission has launched a 12-week consultation on potential restrictions on the use of credit cards for gambling, although an outright ban is likely to be robustly opposed by the industry.

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    Clarion Gaming, the parent company of iGaming Business, has partnered SiGMA Group for a new Asian gaming event under the ICE banner. The event will take place from 7 to 9 June next year, at the SMX Manila in the Philippines. 

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    The Department of Justice (DoJ) is set to extend the window in which it will not enforce its revised interpretation of the Wire Act, according to sources close to the matter.

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    The Norwegian Gaming Authority (Lottstift) has ordered the country’s banks to cease processing transactions to a trio of igaming operators in February, taking the total number of payment blocking orders issued by the regulator to seven.

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    Open Banking service will allow operators to access customer financial data to limit the risk of gambling-related harm, with Rank looking to ensure customers don't spend beyond their means while gambling via its brands.

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    Analysts fear impact of decision that allowed gambler to avoid debts

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    Organisation blasts plans to block payments to foreign gaming sites

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    SafeCharge Financial Services Limited, the UK subsidiary of SafeCharge, has been authorised as a payment institution by the Financial Conduct Authority (FCA)

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    Clarion Events, the parent company of iGaming Business, has been acquired by private equity group Blackstone, it was announced today.

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    The iGaming Super Show continued at its high octane pace on Thursday despite the Wednesday night parties.

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    Russia’s Ministry of Finance has drafted a new bill designed to block payment transactions with international online gambling companies.

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