Insights Archive

May 31, 2023

Entain May Face 'Substantial Financial Penalty' In UK Investigation

Entain has said it is likely to face a “substantial financial penalty” stemming from its former Turkish-facing online gambling unit.

May 31, 2023

Curaçao Minister Responds To Notice Of Australian Infractions

Curaçao has received a letter from the Australian Communications and Media Authority citing several breaches of Australia’s gambling act by Curaçao operators, imploring officials not to allow them to remain on the island once key legal reforms are in place.

May 31, 2023

PAGCOR Blacklists Clark Compound, Fines Mogul Over Raid

The Philippine gambling regulator has de-registered a support company that enslaved more than 1,100 foreign and local online gaming workers, fined a leading online gambling network and blacklisted the compound that hosted the operation.

May 31, 2023

Dutch Gambling Authority May Fine Lotteries For Offering Games Of Chance

The Netherlands Gambling Authority has issued a cease and desist order to both the National Postcode Lottery and the Friends Lottery with a deadline to stop offering online games that are outside the authorisation of their lottery operator permits.

May 31, 2023

Ontario Regulator Reviewing Industry Input On Proposed Ad Restrictions

As the Alcohol and Gaming Commission of Ontario considers changes to the province’s advertising standards, the agency confirmed Tuesday that it had received more than three dozen submissions from industry stakeholders concerning the proposed changes to ban the use of athletes to promote online gambling.

May 31, 2023

Delete Kenya's Proposed Gambling Ad Tax, Says Media Owners Association

The Media Owners Association of Kenya has asked the government to remove its proposed increase to gambling advertising taxes included in the Finance Bill 2023.

May 31, 2023

North Carolina, Maine Reject Historical Horseracing Machines

Efforts to legalize historical horseracing machines in North Carolina and Maine have come up short during their legislative sessions this year, as two more states struggle to allow the devices that bear a striking resemblance to slot machines but are technically not casino games.

May 30, 2023

Norwegian Central Bank Concern Over Payment System Contingency

Contingency arrangements need to be strengthened so that the public can continue to pay securely and efficiently, says Norges Bank.

May 30, 2023

Cashless Is Coming, But Responsible Gaming Risks Remain

Cashless gaming in casinos may be inevitable but it should not be frictionless and might need to become mandatory for all play to maximize benefits and minimize risks from a responsible gaming perspective, according to experts speaking at last week’s International Conference on Gambling and Risk Taking in Las Vegas.

May 30, 2023

AUSTRAC, Crown Resorts Agree On AML Penalty of A$450m

Australia’s financial transactions watchdog has asked a court to fine Blackstone Group-controlled casino operator Crown Resorts A$450m ($293m) for breaching anti-money laundering and counter-terrorism financing (AML/CTF) legislation.

May 30, 2023

South Korea Legalises Online Betting For Horseracing

In an effort to recover from pandemic damage to its racing industry, South Korea’s National Assembly has amended legislation to permit online betting on horseracing.

May 30, 2023

U.S. Gaming Industry Looking To Cross-Sell Customers From Land-Based To Digital

Gaming and payment executives believe concerns over the potential cannibalization of brick-and-mortar business from internet gambling are outdated as new forms of gaming have helped New Jersey’s market rebound since the coronavirus pandemic.

May 30, 2023

Dutch Regulator Demands Unlicensed Maltese Operator Exits Market

The Netherlands Gambling Authority has imposed a cease and desist order and a maximum fine of €717,000 on Malta-based GoldWin LTD for offering online gambling in the country without a licence.

May 30, 2023

Peru Passes Bill To Amend Online Gambling Law

Peru’s Congress has approved a series of amendments to the 2022 law to fix loopholes and errors in the original legislation to regulate remote gaming and sports betting in the country.

May 26, 2023

Australia’s Woolworths To Accept Instant Payments In ’Game-Changing’ Move

Australia’s largest supermarket chain is set to offer an instant payments service that will allow customers to pay for items directly from their bank accounts.

May 26, 2023

Week In Crypto: US Treasury Sanctions Binance Wallets With Ties To North Korea

Binance helps US authorities stop North Korean sanctions buster but faces new allegations of commingling of funds, Hong Kong pulls the plug on stablecoins for retail investors, and new crypto enforcements in Malaysia and the Philippines.

May 26, 2023

EU Data Act Access Rules Spark Concern Among Lobbyists

Industry associations in the banking and tech sector have released a joint statement regarding concerns over proposed access to data by public authorities.

May 26, 2023

What Meta’s Historic GDPR Case Could Mean For Payments

Irish authorities have imposed a record $1.2bn fine on Meta for illegally transferring Europeans’ data to the United States and banned future transfers. Experts now tell VIXIO the decision bears wider implications for the payments industry.

May 26, 2023

Daily Dash: Starling Boss Flies Away

Starling’s CEO and founder has said she is stepping down from the role after £453m in revenue, 365-day payments launch in New Zealand and the EU’s data protection body elects a new chair.

May 26, 2023

Japan Flags Blocking Of Foreign Gambling Websites

Japan’s consumer affairs minister has told a parliamentary committee that the government may seek to block foreign gambling websites as part of a host of “counter-measures” against a proliferating online gambling market.

May 26, 2023

Malta Lawsuit Shield Bill Draws Support, Condemnation

Malta’s attempt to shield its licensed gambling companies from liability from lawsuits in Germany and Austria is drawing both backing and condemnation.