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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.