Insights Archive

April 11, 2023

Ontario Gaming Officials Outline Goals For Second Year of Online Gaming

While the first year of Ontario’s private online gaming market was the subject of praise last week at a Toronto event, top gaming officials did outline some of their priorities for improving the model going forward.

April 11, 2023

Albania Online Sports Betting Draft After Failed Ban

Albania’s Ministry of Finance and Economy has published a draft law to amend gambling regulations and allow for online sports betting.

April 11, 2023

U.S. iLottery Lagging Sports Betting's Rapid Rollout

Internet casino gaming is not the only segment of the U.S. online gambling market struggling to expand to new states, with interactive lottery or iLottery offerings also moving at a much slower pace than mobile sports betting.

April 11, 2023

Pressure Builds On Japan's Vast Online Gambling Industry

In the year since VIXIO GamblingCompliance published its last detailed examination of Japan’s online gambling industry, pressure has slowly mounted on the Japanese government to enforce the law against online gambling activity or else regulate it, but in the meantime a billion dollar industry continues to blossom unabated.

April 10, 2023

Canadian Broadcasters Say Negative Sports-Betting Ad Feedback Minimal

Officials from two of Canada’s top sports television networks have said that despite frequent negative media reports about the barrage of sports-betting advertising, customer complaints have been minimal and have tapered off over the first year of regulated online gaming in Ontario.

April 10, 2023

Advance Deposit Wagering On Different Paths In South Carolina, Oregon

The U.S. horseracing industry has been in decline for decades, but legislative support remains strong to use advance deposit wagering tax proceeds to support horse breeders, owners and racetracks in states with a long history of thoroughbred and quarter horse races.

April 6, 2023

Week In Crypto: Binance CEO, NBA Star Named In New $1bn Class Action Lawsuit

Another day, another major lawsuit hits Binance in the US, Tether is accused of sneaking into the US banking system and collapsed hedge fund Three Arrows Capital launches a bankruptcy claims exchange.

April 6, 2023

’Serious Concerns’ About New Money Laundering Regulation, Says EU Data Protection Watchdog

The European Data Protection Board has written to legislators to express its concerns about a perceived lack of privacy protections in a new anti-money laundering regulation.

April 6, 2023

Daily Dash: Mastercard Commits To Recycled Plastic Cards

Mastercard confirms plans for first-use plastics to be ousted from its network by 2028, while US authorities file fraud charges against a prominent entrepreneur in relation to a J.P. Morgan Chase acquisition.

April 6, 2023

Tackling Financial Crime And Protecting Consumers Top Bill In New FCA Strategy

The UK Financial Conduct Authority (FCA) has set out its plans for the next year, as industry prepares itself for several key regulatory overhauls, including the Consumer Duty.

April 6, 2023

Brazilian Football Clubs Demand Say In Sports-Betting Decree

Eight leading Brazilian football clubs have written a public letter demanding to participate in the drafting of the presidential sports-betting decree before it is finalised.

April 6, 2023

No U.S. Ban Expected From Sports-Betting Advertising Backlash

Despite the aggressive advertising campaigns used by sports-betting operators to gain market share in the U.S., industry experts believe it remains unlikely there will be a full or even partial advertising ban, even with significant backlash from some sports fans and anti-gambling advocates.

April 6, 2023

British Member Of Parliament Suspended Over Gambling Lobbying Sting

A Conservative Party member of the British parliament has been suspended after a sting pulled by newspaper reporters who tried to get him to improperly lobby on behalf of a fictitious gambling company.

April 6, 2023

Finland Election Winners Want To End Monopoly

The winners of Finland’s recent general election have said they are keen to “give up” the Veikkaus monopoly and move the country to a licence-based system for online gambling.

April 6, 2023

News In Brief: April 3-April 6, 2023

Curaçao minister promises industry tour, Missouri sports-betting bill pulled and Crown Resorts data emerges on the dark web.

April 5, 2023

EU Banking Groups Voice Concerns As Digital Euro Looms

The European Savings Banks Group and European Banking Federation have both set out their thoughts on where the most pertinent risks exist for the introduction of a digital euro.

April 5, 2023

UK BNPL Consultation and Beyond: Regulatory Impacts on Firms

The aim of this regulatory analysis is to bring attention to the expansion of the use of buy now, pay later (BNPL) products, with a focus on the UK’s approach. It also provides an overview of other countries’ positions towards this type of product to highlight the main differences in their approaches.

April 5, 2023

RBA Sees Promise In QR Code Payments, But Will Australians Follow?

As the Reserve Bank of Australia (RBA) gets behind efforts to expand QR code payments, we ask whether a market dominated by debit and credit cards is open to change.

April 5, 2023

Impact Index March 2023

VIXIO’s impact index rose 23 points in March, continuing the steady rise but below the same period last year, a year after sanctions.

April 5, 2023

Under Siege, Gaming's King Of The South Mulls Internet Sports Betting

As bordering states such as Tennessee and Louisiana continue to produce impressive revenue from online wagering, Mississippi is finally taking a hard look at expanding its sports-betting operations to the internet.

April 5, 2023

Botswana Advances Online Licensing Plans

Botswana’s gambling regulator has published a draft betting licence application, kickstarting the country’s long-held ambition to grow its sports betting and online gambling industry.