Insights Archive

January 18, 2024

West Virginia Considers Sports-Betting Harassment Ban, Regulating Touts

A pair of bills have reappeared in the West Virginia legislature to give gaming regulators the ability to ban gamblers who harass athletes or coaches, as well as granting officials oversight of independent tout and handicapper evaluators.

January 18, 2024

Dutch Regulator Closes Match-Fixing Investigation

The Netherlands Gambling Authority (KSA) said it has completed a market-wide investigation into match-fixing risks, with a focus on bets on amateur competitions.

January 18, 2024

EBA Extends AML Guidelines To Crypto-Asset Service Providers

The European Banking Authority has extended its guidelines on money laundering and terrorist financing risks to crypto-asset service providers as part of ongoing efforts to combat financial crime.

January 18, 2024

Dutch Regulator Fines ICS Over GDPR Violations

The Dutch Data Protection Authority has imposed a fine of €150,000 International Card Services BV (ICS) over non-compliance with data privacy rules.

January 18, 2024

Daily Dash: Singapore Leverages 'Robotic' Technology To Prevent $69m In Losses To Scams

Singapore’s police force has announced that it prevented nearly $70m in potential scam losses in Q4 of last year, while the Maltese financial watchdog has released a new consultation on the implementation of the Digital Operational Resilience Act.

January 18, 2024

Eighth NSW Conviction For Bookmaker Points To Poor Deterrence

Australian corporate bookmaker SportChamps has been convicted and fined after an eighth prosecution of the company for illegal advertising in six years, but without suffering a substantial penalty for repeat offending.

January 17, 2024

New York Governor Leaves Online Casino Out Of Budget Plan

The already tenuous hopes for online casino legislation in New York this year were dealt a further blow with a lack of upfront support from the state’s governor.

January 17, 2024

UK Not Forgotten About Loot Boxes, Says Academic

An academic specialising in loot boxes has said the UK government should make it clear what rate of compliance with loot box self-regulation it will consider a failure, as fears persist that they stray too close to gambling.

January 17, 2024

US Supreme Court Hands Apple Partial Victory Against Epic Games

Epic Games, publisher of the Fortnite video game series, has condemned the “sad outcome” of its three-year fight to open up the Apple App Store to third-party payments providers.

January 17, 2024

Tether Described As Money Laundering Vehicle Of Choice In New UN Report

A new report from the UN Office on Drugs and Crime has named Tether as one of the “most popular” money laundering vehicles for criminals in East and Southeast Asia.

January 17, 2024

UK Regulator To Focus On VRP Expansion In 2024

2023 was non-stop for the UK payments regulator. In an exclusive interview, a senior official at the Payment Systems Regulator tells Vixio that variable recurring payments (VRPs) and open banking will be key in 2024.

January 17, 2024

Daily Dash: Google Signs MoU To Promote Global Expansion Of India's UPI

Google has committed to helping India’s UPI instant payments system expand its footprint overseas, while Spain’s Iberpay has reported strong growth in the use of instant transfers on its network.

January 17, 2024

UN Report Demands Tough Response To Online Gaming Crime In Asia

A new UN report on East and Southeast Asian gambling-linked criminal networks has warned that underground activity is set to worsen on the back of generative artificial intelligence (AI), data mining, cryptocurrencies and other advanced technology.

January 16, 2024

Latest California Campaign For Sports Betting To Delay Tribal Initiative

Another failed ballot measure on sports betting in California so soon after a historic defeat by voters of two initiatives last year would push the timeline for legalization in the Golden State back even further, according to a senior tribal gaming official.

January 16, 2024

Financial Risks Checks To Be Scrutinised In Westminster

The UK parliament must debate the future of gambling affordability after a petition demanding an end to plans for mandatory financial risk checks passed 100,000 signatures.

January 16, 2024

Google Play Heralds 'New Approach' To Real Money Games

US technology giant Google is preparing to open up support for game types and operators not covered by existing licensing, paving the way for new opportunities in Brazil, Mexico and India.

January 16, 2024

MEP Wants To Strengthen EU's Access To Cash Law

The European Parliament’s rapporteur for the Single Currency Package has released suggested amendments to the euro banknotes proposal, including increased reporting requirements for payment service providers.

January 16, 2024

Daily Dash: India-Singapore Instant Payments Linkage Branches Out To Major UPI Apps

India has announced that three of its largest UPI apps can now connect to Singapore’s PayNow, Malta has revealed that its AML fines are going unpaid, and Singapore has charged a suspect for offering unlicensed payment services.

January 15, 2024

Armenia Targeting 'Foreign' Online Operators

Armenia’s government has approved a new gambling law to establish more oversight and control over the gambling industry and enforce responsible gambling measures.

January 15, 2024

Daily Dash: SEC Charges US Fintech CEO With Insider Trading Violations

A fintech CEO has been charged with using a secret offshore account to prop up his own stock price, and new research has found that the UK is Europe’s most advanced digital economy.

January 15, 2024

TrueLayer Becomes First Participant In SPAA Scheme

TrueLayer has been officially authorised to take part in the open banking scheme, which is led by the European Payments Council.