Insights Archive

December 6, 2023

Top Philippine Economic Agency Joins Calls For Full POGO Ban

Philippine institutional ire toward foreign-facing online gambling operators (POGOs) continues to grow, with the nation’s top economic development agency now backing a ban on the sector as finance officials clamour for prohibition.

December 6, 2023

European Trade Group Urges France To Legalise Online Casino

The European Gaming and Betting Association is calling for the French government to legalise online casino, following the French regulator’s survey which suggests that the illegal online gambling market might be half the size of the legal one.

December 5, 2023

Top Gaming Execs Remain Bullish On U.S. iGaming Prospects

Chief executives of major operators remain optimistic that despite a multi-year lull in U.S. online casino legalization, movement could be coming in 2024.

December 5, 2023

Sale Of Dallas Mavericks Not Expected To Lessen Opposition To Texas Casinos

Mark Cuban’s decision to sell a majority stake in the Dallas Mavericks to Miriam Adelson, the largest shareholder in Las Vegas Sands, is not expected to materially strengthen the hand of supporters of legalizing casinos and sports betting in Texas.

December 5, 2023

Latin American Gambling Markets Face Pivotal Elections In 2024

After local observers blamed Mexico's recent decree banning slot machines and other casino games on electoral politics, Vixio GamblingCompliance takes a look at what other elections might mean for the future of gambling policy in Latin America.

December 5, 2023

Binance Prosecution Sparks Concern In Brussels

Members of the European Parliament have probed the European Commission over whether incoming crypto rules will be able to rein in bad actors, in light of the Binance case in the US.

December 5, 2023

MPs Publish Less Than Enthusiastic Digital Pound Report

Development of a Bank of England retail digital pound should "proceed with caution", UK members of parliament (MPs) have warned in a new report, emphasising concerns around data privacy and financial stability.

December 5, 2023

UK Government Adds API Standards Clause To Data Protection Bill

A new clause that has been added to the Data Protection and Digital Information bill looks promising for open banking standards in the UK.

December 5, 2023

Daily Dash: Thailand, Hong Kong Instant Payments Tie-Up Goes Live

A new cross-border payments linkage has gone live in Southeast Asia, the Netherlands has published new standards for assessing politically exposed persons (PEPs), and Westpac has restored its systems after a one-day outage.

December 4, 2023

Argentina's Santa Fe Province Rushes To Regulate Online Gambling

Santa Fe is the latest province to move towards online gambling regulation, making it the last of Argentina's most populous provinces to establish a licensing framework, as it joins the ranks of Buenos Aires City and Province, Mendoza and Córdoba.

December 4, 2023

Massachusetts Considers How Sports-Betting Operators Exit Commonwealth

As Kindred Group’s Unibet becomes the latest sports-betting brand to announce its exit from the U.S. market, state gaming regulations that guide companies through their exit strategies have become more important.

December 4, 2023

Daily Dash: New Swift Launch Brings Instant Cross-Border Payments To Europe

Swift has unveiled a new cross-border instant payments solution for Europe, Revolut has begun its search for a new auditor, and Argentina has delayed its new rules on QR codes for a second time.

December 4, 2023

Feedzai, Mastercard Join Forces To Fight Bank-To-Crypto Money Laundering

Feedzai, a provider of financial crime and risk management solutions, has partnered with Mastercard to fight money mules who launder stolen funds from banks to crypto exchanges.

December 4, 2023

Payments Industry Welcomes SPAA Launch

The latest version of the SEPA Payment Account Access (SPAA) scheme rulebook came into effect at the end of last year, with optimism that it will benefit open banking and instant payments.

December 4, 2023

Missouri Sports-Betting Supporters To Pick Preferred Ballot Model

Supporters of a potential ballot initiative in Missouri are now tasked with determining which of eight potential sports-betting models they intend to put forward to voters.

December 1, 2023

Oklahoma Tribes Warn Governor's Sports-Betting Plan May Threaten Compact

After Kevin Stitt, a citizen of the Cherokee Nation, was elected governor of Oklahoma in 2019, tribal leaders were optimistic they could have a working relationship with his administration but now into his second term they continue to be surprised by his adversarial approach to tribal affairs.

December 1, 2023

Spain's Constitutional Court Passes On Case Against Advertising Royal Decree

A legal bid to overturn Spain’s stringent advertising regulations has suffered a setback, after the country’s Constitutional Court ruled it will not be addressing the claims of unconstitutionality filed by trade group Jdigital.

December 1, 2023

Entain's BetEnt Fined €3m For Dutch AML Violations

The Netherlands Gambling Authority has fined BetEnt, Entain’s Dutch unit, €3m for failures in anti-money laundering and counter-terrorist financing procedures.

December 1, 2023

Week In Crypto: Cristiano Ronaldo Hit By $1bn Class Action For Binance 'Shilling'

A new class action targets a world-renowned footballer, US prosecutors ask Changpeng Zhao to stay put until sentencing, and Filipinos are warned to stay away from Binance.

December 1, 2023

Daily Dash: UK Regulator Takes Action Against Money Transfer Firms

The UK’s financial watchdog has fined three money transfer firms for cartel behaviour, while bigtech companies have signed up to the UK’s new online fraud charter.

December 1, 2023

News In Brief: November 27-December 1, 2023

A Swedish consumer survey has revealed that the general public believe gambling addiction is widespread, among worrying signs for the industry's reputation.