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Payments » Regulation
  • daily_news
    6 December 2019

    Australian banking body launches credit card consultation

    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.

  • daily_news
    19 November 2019

    UK Lib Dems call for ban on credit cards in gambling

    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.

  • daily_news
    9 October 2019

    Kenyan gambling struggles expected to hit M-Pesa revenue

    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.

  • daily_news
    3 October 2019

    GC offers guidance to licensees leaving market

    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.

  • daily_news
    2 October 2019

    European regulators opt against loot box recommendations

    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.

  • daily_news
    12 September 2019

    Swedish regulator issues warning to payment processors

    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.

  • news_analysis
    9 September 2019

    Moving beyond mobile money

    While thus far igaming payments in Africa have largely been funnelled through mobile providers, the Kenyan clampdown has accentuated a growing awareness that other options are needed, says Joanne Christie.

    Subscriber content
  • news_analysis
    3 September 2019

    Room for manoeuvre

    By consulting on a restriction of credit card use for gambling as well as an outright ban, the GB regulator has left itself open to persuasion by compelling evidence on either side of the debate, argues Melanie Ellis

    Subscriber content
  • daily_news
    27 August 2019

    Kenyan president calls for gambling ban

    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.

  • news_analysis
    21 August 2019

    Interview: Filippos Antonopoulos, Vermantia - Part 2

    In the second part of iGamingBusiness.com's interview with Vermantia chief executive Filippos Antonopoulos, he discusses the importance of a diversified geographic footprint, and explains why he sees the supplier's majority shareholder Arena Racing Company as one of the most exciting businesses in the industry.

    Subscriber content
  • daily_news
    21 August 2019

    PayPal launches German online casino crackdown

    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.

  • daily_news
    20 August 2019

    Norwegian govt wins partial victory in payment blocking suit

    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.

  • daily_news
    16 August 2019

    GC launches consultation on credit card restrictions

    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.

  • daily_news
    12 August 2019

    Clarion joins forces with SiGMA to bring ICE to Asia

    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. 

  • news_analysis
    10 May 2019

    Pioneer lessons: Colombia’s payments experience

    Igaming regulation in Colombia highlighted the poor access of the gaming industry to banking and appropriate payment solutions across the region. So what can other countries learn from the Colombian experience when designing their regulatory frameworks? Joanne Christie investigates

    Subscriber content
  • daily_news
    4 March 2019

    DoJ set to extend Wire Act non-enforcement window

    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.

  • news_analysis
    28 February 2019

    Svenska Spel tipped for success in regulated Swedish market

    Swedish gaming regulator Spelinspektionen's proactive approach to regulation means that any business with a high degree of exposure to the country's newly regulated igaming market faces a tricky first quarter, writes Scott Longley.

    Subscriber content
  • daily_news
    18 February 2019

    Seven operators hit by Norwegian payment blocking orders

    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.

  • news_analysis
    30 January 2019

    Revising the Wire Act: What does it mean for you? Part 2

    In the second part of iGaming Business' deep dive into the revised Wire Act opinion, ICE Sports Betting USA speakers stress the need for clarity from the Department of Justice as they look to work out the best way to interpret the ruling.

  • news_analysis
    29 January 2019

    Revising the Wire Act: What does it mean for you? Part 1

    The Department of Justice’s decision to revise its interpretation of the Wire Act could have a major impact on the nascent US iGaming industry. Or, as some suggest, its impact could be felt in gaming verticals that are well-established and generating money for operators and states alike. A selection of speakers from ICE Sports Betting USA discuss the DoJ’s about-turn.

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