Insights Archive

August 4, 2022

Dodging The 800-Pound Gorilla Of Sports Betting In California

It is going to be one of the biggest, if not the biggest, story in the U.S. gaming industry this year, but hardly anyone is eager to talk about the two competing sports-betting measures in California that will be on the election ballot on November 8.

August 3, 2022

China UnionPay Expands In Russia To Fill Visa/Mastercard Void

Two more of Russia’s largest banks are preparing to issue China UnionPay cards, continuing a trend that has gathered momentum since the invasion of Ukraine.

August 3, 2022

Phishing Scams Are Coming Down, Says Singapore Regulator

Phishing scams have reduced since the OCBC scandal last year confirms the Monetary Authority of Singapore while answering a question from the city-state’s parliament.

August 3, 2022

It’s No Fairytale: Disney Sues Visa, Mastercard Over High Interchange Fees

After opting out of a large-scale class action, Disney has now filed its own lawsuit alleging the card networks have set their interchange fees too high.

August 3, 2022

LeoVegas Penalised In UK For AML, Responsibility Failures

The UK Gambling Commission has penalised Stockholm-listed online gambling operator LeoVegas £1.32m for anti-money laundering and social responsibility failures.

August 3, 2022

New South Wales Unveils Hawkish Powers For Casino Regulator

The New South Wales government is preparing to super-charge the powers of a new gaming regulator in Australia’s largest state, including the option of prosecuting individual company directors and executives.

August 3, 2022

Gaming A Target For Money Laundering, But Real Estate Easier Prey

The U.S. gaming industry has long been a target for money laundering as criminals look to hide profits, but the problem is not so widespread because there are easier ways to launder money, according to a federal law enforcement official.

August 3, 2022

UK Advertising Regulator Bans Two Gambling Ads

The Advertising Standards Authority has banned two gambling ads for suggesting they could provide players with financial security and for promoting socially irresponsible behaviour.

August 3, 2022

New German Group Seeks To Ban Or Severely Restrict Betting Ads

A new coalition backed by more than a dozen private and public gambling addiction organizations, along with sports fan groups, has said it will lobby for the severest possible restrictions on German gambling advertising.

August 2, 2022

VIXIO Speaks With: Banco De Portugal (Part 2)

In the second part of a wide-ranging interview, VIXIO spoke with Rita Soares, the Banco de Portugal’s payments chief, about how the regulator is helping with the development of a central bank digital currency and what it is doing to adapt to crypto’s rise.

August 2, 2022

Israel Adds Further Caps To Cash Usage

A new law in Israel will further reduce the limit on cash transactions for both personal and business payments, following in the footsteps of similar legislation in the EU.

August 2, 2022

Independent ATMs Rising To Cash Prejudice Challenge In US

With thinning margins and the continuous decline in the use of cash, independent ATM deployers are facing an uphill battle. VIXIO sat down with the ATM Industry Association (ATMIA) to discuss the challenges and initiatives to bring in a new generation of cash-supporting machines.

August 2, 2022

Dutch Central Bank Reviews Sanction Screening Effectiveness At Payment Firms

De Nederlandsche Bank (DNB) has confirmed that it will investigate the effectiveness of sanctions screening systems this autumn, while the Latvian Financial Intelligence Unit releases new research on key indicators of a sanctions evader.

August 2, 2022

Law Commission Kicks Off Digital Assets Reforms

The UK’s Law Commission has outlined new proposals to reform digital asset laws, including non-fungible tokens.

August 2, 2022

Massachusetts Sports-Betting Bill Awaits Governor's Signature

In a last-minute deal that at least one gaming analyst believes is not ideal, Massachusetts lawmakers were able to approve a sports-betting bill and hand over the reins to the Massachusetts Gaming Commission to implement the legislation.

August 2, 2022

Public Officials Implicated In Paraguayan Slots Scandal

Several active Paraguayan public officials are under investigation in relation to corruption charges involving the national gaming commission and an illicit slot machine contract, according to reports in the country.

August 2, 2022

Most Influential Federal Branch On Gambling? Not Congress

Of the three branches of the federal government created by the U.S. Constitution, the Supreme Court has had more impact on the gaming industry in the 21st Century than Congress or the White House.

August 1, 2022

Iran, Russia Close To Agreement On SWIFT Alternative And Mir Payments Launch

Iran and Russia are close to an agreement on an alternative interbank messaging system that would allow both nations to de-dollarise for bilateral trade, payments and foreign exchange purposes.

August 1, 2022

One In Ten UK Consumers Victim Of Payments Fraud, Says ACI

New research from payments software company ACI Worldline has revealed that 12.1 percent of UK consumers have been victims of fraud, as it calls for an overhaul of fraud fighting strategies.

August 1, 2022

VIXIO Speaks With: Banco de Portugal

In the first of a two-part interview with the Portuguese Central Bank, Rita Soares, its head of payments innovation and policy, spoke to VIXIO about the country’s payment priorities, including instant payments and fraud prevention.

August 1, 2022

Durbin 2 - This Time Its Credit Cards

The US senator, famed for his regulation of debit cards interchange, has introduced a bill to open up competition in the credit card market by enabling merchants to choose a Visa or Mastercard alternative routing when processing a credit card transaction.