Insights Archive

March 3, 2023

Northern Territory Signs Intel Deal With Australia's Online Regulator

Australia’s leading regional licensor of corporate bookmakers has signed an intelligence-sharing deal with the national online gambling regulator, signalling tighter scrutiny of industry operations.

March 3, 2023

Romania Lawmakers Backtrack On Ad Ban

Romanian lawmakers have scrapped plans for a full advertising ban, instead pushing ahead with a raft of less punitive restrictions.

March 3, 2023

Massachusetts Regulators Relax Sports-Betting Affiliate Restrictions

After three days of discussions, the Massachusetts Gaming Commission has voted to temporarily lift a prohibition on cost-per-acquisition and revenue-share agreements between third-party marketing affiliates and licensed sports-betting operators.

March 3, 2023

News In Brief: February 27-March 3, 2023

A Kentucky bill would outlaw skill games currently running as grey-market machines.

March 2, 2023

Narrowed Regulatory Scope May Keep UK BNPL Afloat

The UK government’s decision to veer away from its original regulatory plans may ensure the survival of many buy now, pay later (BNPL) products, but experts warn a compliance leap should be anticipated for third-party lenders.

March 2, 2023

Tennessee Regulators Fine Barstool, Hard Rock For Sports-Betting Violations

Tennessee regulators have issued their first set of disciplinary sanctions since sports betting began in November 2020, fining two companies a combined $162,000 for violations as part of a continuing trend of U.S. regulators beginning to crack down on operators.

March 2, 2023

Brazil Betting Regulation Coming 'This Month', Says Finance Minister

Brazil is looking to establish regulations for online betting sometime this month, finance minister Fernando Haddad said on Wednesday.

March 2, 2023

Chile's Lottery Monopoly Files Criminal Complaint Against Online Operators

Legal battles between online operators and incumbent Chilean gambling interests continue to be waged in the court, with state lottery monopoly Polla Chilena de Beneficencia filing a criminal complaint last week against five leading online brands.

March 2, 2023

Northern Ireland Gambling Reform 'Highly Unlikely' Before 2027

The Northern Ireland All Party Group on Reducing Harm Related to Gambling predicts that the next phase of the country’s gambling reform will “take several years to complete”.

March 2, 2023

Chicago Mayor's Ouster Unlikely To Delay Progress On Bally's Casino

The repudiation of Chicago Mayor Lori Lightfoot in her bid for re-election is not expected to hinder the development of Bally’s Corporation’s $1.7bn destination-resort casino in the third largest city in the United States.

March 2, 2023

Austrian Ruling Suggests No Flood Of Bet Loss Refund Claims

Online casino operators have been pounded by claims for refunds of player losses in Austria, but a recent Supreme Court ruling suggests there will be no similar flood of claims for sports-betting reimbursements.

March 1, 2023

UK More Likely To Have CBDC Than Not, BoE Cunliffe Tells MPs

Although the Bank of England has not yet taken a decision on whether to issue a digital pound, it is more likely for the UK to adopt one than not, Jon Cunliffe, deputy governor of the Bank of England, has said.

March 1, 2023

Klarna UK Brings Back Late Payment Fees, As Global Losses Hit $1bn

Klarna’s UK business has announced that late payment fees will be returning to the platform, while Klarna’s global business has hit the headlines again following record losses in 2022.

March 1, 2023

Taking Matters Into Their Own Hands: How The Euro Banking Association Is Helping PSPs Prevent Fraud Without Regulation

The Euro Banking Association fraud taxonomy aspires to create a pan-EU set of definitions to help banks, fintech and payments operators grapple with the ever-evolving problem. VIXIO speaks to the association to find out more.

March 1, 2023

Data Protection Laws Hindering Financial Crime Fight, Say Payment Execs

Top payments industry professionals believe that existing data protection laws are acting as a “barrier” in the fight against financial crime, but is a “central depository” for the sharing of such data the solution?

March 1, 2023

FATF Suspends Russia Membership, Adds Nigeria, South Africa To Greylist

The international standard-setting body has decided to suspend Russia’s membership as a result of its year-long aggression against Ukraine while announcing updates to its “greylist”.

March 1, 2023

Missouri VLT Bill Backers Seek Other Legislative Opportunities

After coming up short five times in efforts to legalize video lottery terminals (VLTs) as part of legislation legalizing retail and mobile sports betting in Missouri, one veteran Republican state senator still believes regulating and taxing these machines is crucial to halting the expansion of grey-market games.

March 1, 2023

Massive Promotional Spend Powers Ohio's First Sports-Betting Month

Ohio regulators announced Tuesday that the state has shattered the all-time U.S. record for gross revenue in its first month of sports betting, aided by a stunning promotional blitz by the market leaders.

March 1, 2023

Australian Anti-Gambling Group Warns Of Predatory Facial Recognition

A leading Australian anti-gambling group is warning that gambling companies could use facial recognition technology to subvert responsible gambling reforms, a key election issue for the nation’s most populous state.

March 1, 2023

Belgian Regulator Takes Aim At Ad Ban

Belgium's planned ban on gambling advertising has come under renewed fire from the country’s gambling regulator over fears it will strengthen the black market, despite there being no firm evidence to support the claim.

March 1, 2023

UK Will Ban VIP Pampering, Set Slots Limits, Newspaper Says

The long-awaited UK gambling white paper will ban VIP loyalty packages, set online slots limits and will finally arrive at the end of this month, according to the Financial Times.