Insights Archive

July 6, 2023

German Court Ruling On Gambling Advertising Called 'Mind Blowing'

An interim appeal court ruling on secondary provisions of the German Interstate Treaty on Gambling is “pretty mind blowing” in the way it extends restrictions on marketing beyond operators to third parties such as affiliates and broadcasters, a gambling lawyer has said.

July 6, 2023

Tribes Are Not Dancing In The Streets Yet Over Internet Gambling Victory

So far, Florida Governor Ron DeSantis seems more excited about last week’s court decision upholding his 2021 gambling compact with the Seminole Tribe than the Seminoles do.

July 6, 2023

Sweden Will Fine Payments Provider For Enabling Unlicensed Gambling

The Swedish Gambling Authority has ordered Stockholm-based fintech company Zimpler to stop enabling transactions with unlicensed gambling operators or face a 25m Swedish krona (€2.1m) fine.

July 6, 2023

UK Premier League Teams Diverging On Gambling Sponsorships

English Premier League clubs Chelsea and Brentford F.C. have taken differing approaches to backlash from fans to their team's gambling sponsorship plans, as the relationship between UK football and the industry become ever more complex.

July 6, 2023

India's Day In Court: Skill Gaming On The Precipice

India's Supreme Court is preparing to hear a seismic case on the legality of online skill gambling in India, with potentially explosive results. In this forensic explainer, VIXIO's contributing editor for Asia, Martin Williams, examines what's at stake and how it fits into the rapidly developing picture of online gambling in India.

July 6, 2023

Virginia Launches Advisory Committee To Tackle Problem Gambling

With sports betting, casinos and other forms of gaming now legal, Virginia’s problem gambling prevention coordinator wants to make sure the state enjoys the financial benefits from gaming but not at the expense of people experiencing harm.

July 5, 2023

China Opens Up To International Card Schemes Via WeChat Pay, Alipay

China’s mobile payments giants WeChat Pay and Alipay have announced new tie-ups with Visa and Mastercard that will open up the country to international card schemes for the first time.

July 5, 2023

EU Tightens Up GDPR Rules

The European Commission has proposed a new law that will streamline cooperation between data protection authorities in the EU when enforcing the General Data Protection Regulation (GDPR) in cross-border cases.

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.