Insights Archive

February 17, 2023

Should U.S. Lotteries Be Regulating And Operating Online Casinos?

As the U.S. industry continues to wring its hands about the lingering hiatus in internet gaming expansion, an influential regulator says state lotteries should not be regulating and operating de facto online casinos.

February 17, 2023

Second Website Blocking Effort Fails In Germany

The German Sports Betting Association (DSWV) is urging the gambling regulator to move away from enforcement and toward strengthening legal online gambling operators, after two attempts at IP blocking failed in court.

February 17, 2023

News In Brief: February 13-February 17, 2023

William Hill's app is back online in Nevada after its Superbowl shut down and it's game over for a casino bill in Virginia.

February 16, 2023

US Banks Ask For Debit Card Rule Delay Until 2025

US financial institutions ask the Federal Reserve to postpone a rule that mandates dual routing on debit cards used for online purchases until 2025.

February 16, 2023

End Of Unregulated BNPL Nears As UK Government Publishes Draft Legislation

After a two-year wait, the UK government has published draft legislation that would bring buy-now, pay-later products under the regulation of the Financial Conduct Authority.

February 16, 2023

Canada Takes Inspiration From Europe As It Consults On PSP Regulations

The Canadian government has opened a consultation on a regulatory framework for payment service providers (PSPs), aligning with similar approaches taken in the EU and UK.

February 16, 2023

Daily Dash: EU Unveils New Round Of Sanctions

The EU has announced a tenth round of sanctions, Brazil has granted a new payments licence and Bank of Lithuania shuts down e-money firm for suspected anti-money laundering violations.

February 16, 2023

U.S. Gaming Industry Sets Revenue Record But Faces Challenges

Gambling revenues in the United States reached record levels last year and that momentum has continued into 2023, but large fines for regulatory failings, unregulated slot machines and offshore websites continue to concern the U.S. gaming industry’s top lobbyist.

February 16, 2023

UK Gambling Commission Hits Blue Star Planet With AML Enforcement

Blue Star Planet, operator of 10bet.co.uk, will pay £620,000 to the UK Gambling Commission for failings in anti-money laundering (AML) and responsible gambling policies.

February 16, 2023

DraftKings Pushes Back Against Maryland Online Casino Plan

Non-casino gaming interests in Maryland are pushing back against proposed legislation that would bring online casinos to the state, but would do so through the state’s six land-based casinos.

February 16, 2023

Kenyan Authorities Appeal Ruling That Removed Controversial Tax

Kenya’s government agency responsible for collecting taxes is challenging a recent bombshell High Court decision that forced the removal of a controversial 7.5 percent excise duty tax on gambling activities.

February 15, 2023

Different Synergies: Why FIS Is Spinning Off Worldpay

US fintech giant FIS is planning to spin off Worldpay, the merchant services business that it acquired in 2019. VIXIO speaks to industry insiders to get their outlook on the future of the payments acquirer.

February 15, 2023

US Congress Mulls Financial Data Protection Law Update

The chair of the House Financial Services Committee has promised to modernise the US financial data protection rules but consumer advocates are not convinced the new protections are strong enough.

February 15, 2023

Digital Payments Surge In Nigeria As Cash Policy Brings Chaos

New limits on cash withdrawals have accelerated Nigeria’s shift towards digital payments, but government attempts to replace high-value banknotes have led to riots and a standoff between the central bank and Supreme Court.

February 15, 2023

Gaming Industry May Struggle To Use Biometrics Without Violating Privacy Laws

In what could become a wake-up call for the casino industry, a federal court in Illinois awarded $228m in damages last October in a class-action lawsuit against a railroad company for collecting fingerprints of customers without obtaining their written consent.

February 15, 2023

India's Cricket Body Bans Gambling Deals With Women's Teams

India’s governing body for cricket has warned the five teams in the Women’s Premier League to reject branding, advertising or other associations with the gambling, cryptocurrency and tobacco sectors or face disciplinary action.

February 15, 2023

Northern Ireland Gambling Inquiry Told To Take 'Prevention-First' Approach

The Northern Ireland All Party Group on Reducing Harm Related to Gambling has met for the first oral evidence session of its inquiry into public health approaches to tackling gambling-related harms.

February 15, 2023

Georgia Bill Seeks Legal Sports Betting Without Referendum

Legislators in Georgia have started to discuss a new plan to bring sports betting to the Peach State, the latest effort in a multi-year saga that has seen lawmakers employ several different strategies.

February 14, 2023

Brussels Publishes Pan-EU Digital Wallet Toolbox

In preparation for legislation, the European Commission has published the first version of a common EU toolbox for digital identity solutions.

February 14, 2023

PhonePe Becomes First Provider To Support UPI International Payments

PhonePe, one of India’s largest fintechs, has announced that it will become the first platform to support cross-border payments made via India’s Unified Payments Interface (UPI).

February 14, 2023

Down But Not Out: What Next For Crypto Post FTX?

Sam Bankman-Fried and the FTX collapse has not brought about the end for crypto, market players suggest, as they look to 2023 with optimism that things will turn around for the industry.