Insights Archive

January 14, 2022

German Fan Group Calls For Crackdown On Gambling-Sports Links

A German fan organisation is calling for stricter regulation of football’s links to sports betting, saying clubs have had “far too much emphasis on profit” and not enough consideration of the potential for gambling addiction.

January 14, 2022

Two-Front Gambling War Rages In Florida As Seminoles Defend Turf

Already battling DraftKings and FanDuel on internet sports betting, the Seminole Tribe of Florida has launched a vigorous counterattack this week against the largest commercial casino company in the world, Las Vegas Sands.

January 14, 2022

News In Brief: January 10-January 14, 2022

Gambling fees rise in Belarus, a Virginia bill would make bonuses taxable and Star Entertainment faces a growing regulator investigation.

January 13, 2022

UK BNPL Regulations In Place By Year End, Say Experts

With UK buy now, pay later (BNPL) regulations looking set to be adopted by the end of the year, legal experts tell VIXIO what we can expect from a new potential framework.

January 13, 2022

UPDATE: TIPS Announces Latest Round Of Participants

The pan-European TARGET Instant Payment Settlement (TIPS) platform has announced 45 payment service providers have joined the platform as part of plans to ensure instant payments are fully reachable across the EU.<br />

January 13, 2022

Merchants Call On Fed’s Powell To Complete Overdue Debit Card Regulations

The Merchants Payments Coalition is pushing the U.S. Federal Reserve’s renominated chair Jerome Powell to iron out overdue debit card routing and swipe fee regulations.

January 13, 2022

Deadline Set For Girocard Take-Over

Germany’s payment scheme Girocard to close it e-purse card function GeldKarte by the end of 2024, the Federal Association of Public Banks has announced.

January 13, 2022

Oklahoma Lawmaker Calls For Legalization Of Tribal Sports Betting

Another attempt to legalize sports betting at tribal casinos in Oklahoma has begun after a new bill was filed in the state legislature, as the tribal gaming industry’s top lobbyist suggests tribes are willing to at least consider the issue.

January 13, 2022

Crown Resorts Welcomes Blackstone's Boosted Takeover Offer

Crown Resorts’ ownership limbo has taken a major step toward resolution with its board unanimously backing a fourth Blackstone Group offer to buy out the company.

January 13, 2022

Betting Companies Will Not Be Allowed FA Cup Streaming, Report Says

Betting companies will not be allowed to stream live FA Cup matches when the Football Association next sells TV rights, according to a UK media report.

January 13, 2022

European Lottery Data Reveals COVID-19 Impact

European Lotteries members' total gross gaming revenue decreased 11.0 percent in 2020 to €27.2bn, after several years of growth, as the lottery sector dealt with the fallout of COVID-19 restrictions.

January 12, 2022

South Korea Leading The Way To Open Banking

Although much discussion on open banking has tended to focus on the pioneering development in the UK and EU, the latest data from South Korea shows that the country is well ahead of its European counterparts in terms of payments market adoption.

January 12, 2022

Participation In UK Interbank Payments Systems Continues To Grow, Says Regulator

A new Payment Systems Regulator report finds that access of payment service providers to interbank payment systems has continued to grow.

January 12, 2022

Maltese FIAU Fines Fund For AML Failures

Malta’s Financial Intelligence Analysis Unit (FIAU) rounded off 2021 by fining financial firm Southern Cross Sicav €300,000 for anti-money laundering (AML) failings.

January 12, 2022

How Secure Is Your Bank? Bank Security Still Varies Greatly

Consumer group Which? has released results of its latest banking security test, revealing that there is still a large gap between the best and the worst banks in terms of online and mobile banking security.

January 12, 2022

New York Online Sports Betting Sees Historic Volume In Opening Weekend

As data continues to trickle out from New York’s inaugural weekend with legal mobile sports betting, all indications point to historic volumes in the state even with fewer than half of the chosen operators currently live.

January 12, 2022

Heavy-Hitters Hired To Challenge Washington Tribes' Sports-Betting Exclusivity

A high-profile federal lawsuit filed on Tuesday claims Washington state officials unlawfully allowed Native American casinos to create monopolies on certain types of gaming, including sports betting, roulette and craps.

January 12, 2022

Ex-Minister Promises Study Of Proposed Dutch Gambling Ad Ban

The outgoing minister in charge of Dutch gambling issues has promised to examine a proposed gambling advertising ban and report on issues such as its impact on keeping players in the licensed system and on contributions to charities and sports.

January 12, 2022

Spain's Competition Watchdog Flags Player Suspension Concerns

Spain’s independent competition regulator has recommended altering the section of a draft royal decree that would require operators to suspend players based on their financial activity.

January 11, 2022

Luxembourg Watchdog Slaps Bank With AML Fine

Banque de Luxembourg, one of the country’s largest commercial banks, has been hit with a €1.3m fine by the country’s Commission de Surveillance du Secteur Financier (CSSF).

January 11, 2022

’The Future Is Already Here’ - MAS Heaps Praise On CBDC Competition Entrants

Partakers in the Monetary Authority of Singapore’s (MAS) central bank digital currency (CBDC) competition have been commended for their efforts by the financial regulator in its recently published report on the challenge.