Betting industry news

    Danish fintech flagged for iGaming AML failures

    Danish payments provider Inpay A/S has been temporarily banned from forming new business agreements with iGaming companies following a review by the Danish financial regulator, Finanstilsynet. The regulator identified "serious violations of the Money Laundering Act" in Inpay's internal AML procedures. This restriction highlights ongoing regulatory scrutiny on payment providers serving the iGaming sector.

    Sports Leagues’ Gambling Partnerships Challenge the Logic Behind Player Betting Bans

    This article explores the growing tension between sports leagues' commercial partnerships with gambling companies and their strict bans on player betting, highlighted by recent betting scandals across various sports. It questions the consistency of leagues profiting from sports betting while punishing players for related activities, suggesting a need for a re-evaluation of current policies.