Insights Archive

July 5, 2023

Data Dive: FATF’s Greylisting, Benchmarked

VIXIO has analysed country data from the Financial Action Task Force (FATF) country assessments and found numerous inconsistencies in whether a jurisdiction is placed on the greylist or not.

July 5, 2023

Bank Of England Faces CBDC Battle Following 50,000 Consultation Responses

The Bank of England is facing widespread opposition to its plans to study and potentially launch a UK central bank digital currency (CBDC), after receiving more than 50,000 responses to its "digital pound" consultation.

July 5, 2023

Swedish Consumer Debt Proposals Cover Gambling Impact

Sweden’s Ministry of Finance has proposed several changes to strengthen consumer protection against risky lending and over-indebtedness that could have an impact on the gambling industry.

July 5, 2023

Alberta Could Be Next Canadian Province To Bolster Online Gaming

While Ontario has remained a source of great interest for operators looking to enter the Canadian online gaming market, the conversation has turned to which province could be next to employ a private-operator based model.

July 5, 2023

Brazil's Chamber of Deputies Throws Sports-Betting Timeline In Doubt

Arthur Lira, the president of the Brazilian Chamber of Deputies, has suspended all congressional activity to vote on tax reform and a new fiscal framework, throwing into question the July 17 deadline cited by the Ministry of Finance for the publication of a provisional measure to regulate sports betting.

July 5, 2023

With Oregon Legislative Session Over, Gaming Bills Sidelined Until 2024

During a 160-day session, the Oregon legislature was able to pass a record school funding bill, set aside millions of dollars to reduce homelessness and agreed on $650m in bonding to build affordable housing, but several gaming bills remained in committee upon adjournment.

July 5, 2023

Personnel Moves - July 2023

GREF has selected a new board of European regulators, Wynn retains its chief executive, an Australian lobby group replaces its disgraced CEO and Latin American operators appoint new executives.

July 4, 2023

We’ve Only Just Begun: How AI Has Exploded In Payments And Banking

Artificial intelligence (AI) has never strayed far from the headlines in 2023, but how is the payments and banking industry using it, and how are regulators responding?

July 4, 2023

UK Considering Single Anti-Money Laundering Authority

The UK government has released a new consultation considering possible reforms to anti-money laundering supervision, following an earlier review into the regulatory and supervisory regime that concluded some weaknesses in supervision might need to be addressed through structural reform.

July 4, 2023

Competition Matters For Visa, Mastercard But Only a Little, PSR Says

A new working paper published by the UK Payment Systems Regulator (PSR) says Visa and Mastercard often cite competition as a constraint to raising their fees but it does not really stop them from fee hikes.

July 4, 2023

Dutch Regulator Rejects Appeal In Latest Hardline Offshore Enforcement

An appeal against a €1.6m fine from the Netherlands Gambling Authority (KSA) for the operator of Orient Xpress Casino has been rejected by the regulator.

July 4, 2023

UK's Advertising Watchdog Warns On 'Matched Betting'

The UK's Advertising Standards Authority has offered guidance on so-called matched betting, warning that advertising and marketing must be directed at those over 18, and should not imply that it is “risk free”.

July 3, 2023

US Banks Push For Delay To New ACH Fraud Prevention Rules

The American Bankers Association supports plans to expand the fraud detection requirement to other parties in the Automated Clearing House (ACH) network, but is asking for more time to comply.

July 3, 2023

’Outrageous!’: Klarna Criticises EU Open Finance Proposal

The buy now, pay later (BNPL) giant has called the new legislation an opportunity for the EU to “get it right”, but warns that proposals to introduce charges is not the right way forward.

July 3, 2023

UK Financial Services And Markets Bill Receives Royal Assent

At the end of last week, a UK landmark bill aimed at overhauling the country’s financial services rules received royal assent.

July 3, 2023

Ohio Legislature Approves Sports-Betting Tax Hike

Ohio lawmakers have doubled the state’s sports-betting tax rate as part of a new state budget bill that the legislature approved on Friday.

July 3, 2023

Historic Ruling For Florida Seminoles Could Revolutionize All Tribal Gaming

In what could be the most significant court decision on Indian gaming in more than 36 years, a federal appeals court in Washington, D.C. on Friday upheld a landmark compact negotiated in 2021 between the Seminole Tribe and the state of Florida.

July 3, 2023

Peru Promulgates Online Gambling Clean-Up Bill

Nearly a year after Peru’s Congress voted to pass an online gambling law in the dead of night, legislation to clean up apparent drafting errors from that rushed procedure has been promulgated by President Dina Boluarte.

July 3, 2023

New Jersey Sets New Five-Year Sunset Period For Internet Gaming

New Jersey Governor Phil Murphy signed legislation on Friday to renew the state's wildly successful internet gambling law, but the battle over the reduced extension of the law to five years may be just the beginning.

July 3, 2023

White Paper Fails To Ease Pressure On UK Gambling Ads

Despite its notable absence from the government's policy white paper, the issue of gambling advertising in football continues to drive headlines in the UK, as pressure groups maintain their demands for action.

June 30, 2023

’An Easy Switch’: US Fed Dual-Routing Set To Take Effect

A US requirement mandating card issuers to enable dual routing for online transactions is set to come into effect on Saturday (July 1) and experts believe the switch should go smoothly.