Insights Archive

May 17, 2023

Fears That New Dutch Ad Restrictions May Drive Players Away

Dutch industry representatives have expressed deep concern that incoming advertising restrictions will drive players to illegal sites.

May 17, 2023

Australian Banks Join New Fraud Reporting Exchange Platform To Fight Scammers

Australian banks have launched a new digital platform that aims to significantly reduce the time it takes to report fraudulent transfers, in an effort to prevent scammers from cashing out.

May 17, 2023

No Revisions For Payments Account Directive, Confirms European Commission

The European Commission has ruled out any changes to the Payments Account Directive at present, despite suggesting areas in need of improvement.

May 17, 2023

Former US Congressmen Dodd And Frank Defend Post-Financial Crisis Agency

Authors of the post-financial crisis Dodd-Frank Act speak up in favour of the Consumer Financial Protection Bureau in a constitutional debate which puts in jeopardy 12 years of regulatory actions taken by the agency.

May 16, 2023

Ecuador Announces New Taxes On Online Gambling

Ecuador's government has published a tax-reform package that includes a variety of proposals for both local and offshore online gambling operators, as well as Ecuadorian players themselves.

May 16, 2023

Ontario Regulator Lauds Focus On Suppliers To Keep Out Offshore Market

Ontario gaming officials continue to tout the success of the province’s transition of grey-market operators into a competitive online gambling market.

May 16, 2023

Oklahoma Tribes Take Cautious Approach Toward Sports Betting

Oklahoma remains one of the key tribal gaming markets that has yet to legalize sports betting, with animosity between tribes and Republican Governor Kevin Stitt expected to forestall regulation for the foreseeable future.

May 16, 2023

Finnish Police Issue Conditional Fine Against Betsson Over Illegal Marketing

Finland’s National Police Board has imposed what it calls a conditional €2.4m fine on a Betsson subsidiary, which will be levied alongside payment blocking if it does not comply by June 3.

May 16, 2023

Payments Industry Entering Era Of Consolidation, Says German Regulator

In a wide-ranging annual report, Germany’s Federal Financial Supervisory Authority (BaFin) has echoed others in Europe by noticing an increase in mergers and acquisitions. It has also said complaints were up and the number of licence applications were down.

May 16, 2023

Another BNPL Bites The Dust - This Time It’s Fupay

Fupay has become the latest casualty of Australia’s once thriving but now struggling buy now, pay later (BNPL) sector, as firms grapple with higher interest rates and increased funding costs.

May 16, 2023

HSBC And Scotia Capital Fined Combined $68m For WhatsApp (Mis)Use

US securities and derivatives agencies have again fined two banks whose employees used WhatsApp to discuss business matters. Regulators have handed out more than $2bn in fines since their crackdown on such recordkeeping failures started in 2021.

May 15, 2023

The U.S. Sports Betting Industry At Five: What Does The Future Hold?

Almost five years later to the day, the overturning of the Professional and Amateur Sports Protection Act (PASPA) by the U.S. Supreme Court has proven to be a seminal moment in the global gaming industry. In this forensic explainer, VIXIO GamblingCompliance examines the key themes of the U.S. sports-betting industry, their impact to date, and how they are likely to impact the industry’s growth going forward.

May 15, 2023

Latvia May Allow Gambling Ads Again

Latvia is evaluating the impact that un-banning gambling advertising could have, as it has become “almost impossible” to prevent illegal marketing, according to the regulator.

May 15, 2023

Casino Bill Collapses But Gaming Finally Gets Foot In The Door In Texas

Casinos will have to wait at least two more years in Texas and a sports-betting bill appears doomed in the Senate, but 2023 may well be remembered as the year when the gaming industry, at long last, penetrated the forbidden frontier of the Lone Star State.

May 15, 2023

Aristocrat To Buy NeoGames, Fanatics To Buy PointsBet US Operations

As the sun came up in Melbourne on Monday, two Australian-based companies announced major transactions that significantly alter the global online gaming landscape, one as a buyer and one as a seller.

May 15, 2023

NSW Moves To Ban Political Donations From Gaming-Linked Clubs

Australia’s New South Wales (NSW) state government has moved to ban political donations from clubs that operate slot machines or other gambling services.

May 15, 2023

New York Targets ’Most Comprehensive’ Crypto Regulation In The US

The New York attorney general has proposed new legislation that aims to provide the “strongest and most comprehensive” regulatory framework for crypto users, businesses and investors in the US.

May 15, 2023

Interview: VIXIO Speaks To UK’s PSR Chief Chris Hemsley

VIXIO interviews the Payment Systems Regulator's (PSR) managing director at the launch of the watchdog’s annual plan, discussing unlocking the power of account-to-account payments, fraud and crypto.

May 12, 2023

Swedish Ruling Could Reduce Past And Future Fines

The Supreme Administrative Court of Sweden has ruled that penalty fees issued by the Swedish Gambling Authority should be based on gross gaming revenue (GGR), not annual turnover.

May 12, 2023

Ecuador's Road To Regulation: In Conversation With Francisco Briones

VIXIO GamblingCompliance sat down with Francisco Briones, the director general of Ecuador's Internal Revenue Service, to discuss the country’s road to gambling regulation.

May 12, 2023

Texas Sports-Betting Bill Passes House, But Senate Approval Unlikely

Texas took a giant step toward eventually legalizing sports betting on Thursday when the state’s House of Representatives narrowly approved a constitutional resolution to allow online wagering.