Legal
December 1, 2025
Ex-UPay Chief Remains in Arrest for Alleged Facilitation of Illegal Gaming
Bekhzod Botirov, the former chief executive officer of payments provider UPay, has remained in custody in Uzbekistan due to allegations of illegal gambling transactions. The man was arrested earlier this year, with supporters describing his detention as a pressure campaign against the Humans company group. Botirov Was Arrested over Alleged Ties to Illegal Gambling On […]
Industry
November 19, 2025
AUSTRAC Warns Payment Providers over Child Abuse Payments
The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced that it has warned online payment providers over recent suspicions of payments for child sexual exploitation. The body has therefore asked payment companies to tighten their controls and remain vigilant. AUSTRAC Identified Risky Payments In a letter to the online payment platforms sector, the AUSTRAC explained […]
Business
November 10, 2025
OKTO Rolls Out Direct Cash-in Solution in Mexico
Next-gen payment service provider OKTO announced that its direct card-in solution is now available in Mexico, amid increased demand for such services. The company said that this will empower online casino players, providing them with unprecedented convenience. The Launch Aligns with OKTO’s LATAM Strategy According to OKTO’s announcement, the new direct card-in solution service is […]
Industry
August 14, 2025
BSP Orders E-Wallets to Cut Ties with Online Gambling Sites Within 48 Hours
The Philippine Central Bank, also known natively as Bangko Sentral ng Pilipinas (BSP), has given all e-wallet providers a 48-hour deadline to disconnect their platforms from online gambling websites. BSP Sets Ultimatum for E-Wallets BSP Deputy Governor Mamerto Tangonan disclosed the matter during the Senate Committee on Games and Amusements hearing on Thursday, stating that […]
Business
July 21, 2025
Pavilion Payments Expands Capabilities via CasinoSoft Acquisition
Pavilion Payments completed the acquisition of casino compliance software specialist CasinoSoft. This move aims to enhance operational efficiency across the gaming industry’s most complex areas, such as AML compliance, jackpot processing, and tax reporting. This development should also enable Pavilion Payments to retain its momentum and secure additional strategic partnerships. Evolving Challenges Require Innovative Solutions […]
Business
July 2, 2025
Fintech Powerhouse Yaspa Secures $12M in Funding to Expand in the US
Yaspa, a hyper-growth financial technology company based in London, confirmed that it has received $12 million in its latest funding round. The extra money will allow the business to double down on US expansion plans. Yaspa Eyes US Growth Yaspa clarified that the funding round was led by Discerning Capital, which single-handedly contributed $10 million […]
Industry
April 29, 2025
AUSTRAC to Axe Inactive Digital Currency Exchange Firms
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has asked inactive digital currency exchange (DCE) firms to withdraw their registrations or risk having them canceled. This “Use it or Lose it” campaign would also affect crypto ATM providers, according to the AUSTRAC’s official announcement. AUSTRAC Identified Many Inactive DCEs For context, all DCEs must be […]
Legal
March 20, 2025
Turkey Cracks Down on Payment Providers Facilitating Illegal Gaming
Turkey has cracked down on several payment firms believed to be connected to illegal iGaming. Dozens of individuals were arrested in the process, including the firms’ chairman. Dozens of People Were Arrested On Monday, the Turkish police made a total of 52 arrests in Istanbul as part of its crackdown on illegal gambling. The police […]
Industry
October 15, 2024
Court Backs GGL’s Payment Blocking Order against Swiss Provider
Germany’s gambling regulator, Gemeinsame Glücksspielbehörde der Länder (GGL), has won a major legal battle against an unidentified Swiss payment provider. This significant victory highlights GGL’s authority when it comes to protecting the German market from foreign influence and non-compliance. The Decision Reinforces GGL’s Ability to Tackle External Threats The GGL, for context, had issued a […]
Business
October 7, 2024
Paysafe Becomes the GiG-Endorsed Payments Provider for CoreX Partners
Payments specialist Paysafe has formed a new partnership with GiG Software. This deal comes just after the latter company completed its spin-off from GiG Media, now known as Gentoo Media. Paysafe Supplies GiG with Key LPMs Per the deal, Paysafe has become the GiG-endorsed payments platform for all UK, continental European, North American and Latin […]
