Insights Archive

October 19, 2022

Canada RTR Delay ’Frustrating’ But ’Right Decision’, Expert Says

Despite industry backlash, Canada has made the prudent decision to delay the launch of the forthcoming Real-Time Rail (RTR) payment system, as Payments Canada pushes to open up the new payment system to non-banks.

October 19, 2022

Ukraine Lays Out Where Gambling Operations Are Banned Under Martial Law

As the Russian invasion of Ukraine continues, gambling regulator KRAIL says it has received a number of requests from industry to define the occupied lands in which gambling activities are prohibited.

October 19, 2022

U.S. Government Doesn't Want Seminoles' Help On Florida Sports-Betting Appeal

The U.S. Department of the Interior wants to restore online sports-betting operations in Florida by the Seminole Tribe, but does not want the tribe’s help in making that happen.

October 19, 2022

Norwegian Regulator Responds To Illegal Social Media Ad Concern

The Norwegian Gambling Authority has been petitioned by the Norwegian Policy Network on Alcohol and Drugs to investigate and fine companies for allowing illegal gambling advertising on social media.

October 19, 2022

Aggressive, Confident Ontario Steels For Next Online Milestone

Ontario province is days away from becoming a sizable, fully regulated online gaming market, and its top regulator warns it will “aggressively pursue” non-compliant operators despite reluctant police and politicians.

October 18, 2022

VIXIO Impact Index: Turning Point As Global Impact Rises

Regulatory impact has risen for the first time in six months, and with the summer now behind us, is likely to continue for the rest of the year based on previous trends. We also consider why the UK produces so much more regulatory activity than the rest of the world.

October 18, 2022

ESG Is A Business Opportunity, Not A Setback

Boards and senior executives must get their sustainability strategies right to remain relevant, as environmental, social and governance (ESG) issues emerge as a significant theme at Sibos 2022.

October 18, 2022

Bahamas’ Sand Dollar Offers Key Lessons For Future Of CBDC

Two years after the world’s first central bank digital currency went live in the Bahamas, the company behind the technology used for the digital fiat argues important learnings from this test case can help policymakers in other jurisdictions with their own deployment.

October 18, 2022

Cash Use Stabilises In UK, Eurozone Following Pandemic Decline, Say Central Banks

Cash use and ATM withdrawals have stabilised in the UK and Ireland after a pandemic-induced decline, while a significant proportion of eurozone merchants continue to prefer cash.

October 18, 2022

UK Gambling Commission Calls For Regulator Collaboration

The head of the UK Gambling Commission has called on the world’s gambling regulators to intensify cooperation to the point of “taking action” on compliance enforcement and intelligence gathering.

October 18, 2022

Brazil's Bolsonaro Lays Ground For Sports-Betting Decree

Brazil President Jair Bolsonaro has reiterated his opposition to legalising gambling, but admitted that the regulation of sports betting is a foregone conclusion.

October 18, 2022

Data Key To Minimising Harm, Say Academics

Operators in EU member states and the UK can reduce gambling harms by sharing data on consumers, according to academic experts.

October 17, 2022

Peru, Brazil To Join Latin America's Regulated Online Market

Two upcoming regulatory deadlines are set to serve as critical milestones in the development of Latin America’s closely watched online market.

October 17, 2022

Star Entertainment Fined A$100m, Licence Suspended

The New South Wales state gambling regulator has fined The Star Entertainment Group’s Sydney casino a record A$100m ($61m) and suspended its licence following an operational review, but the casino will remain open under an external manager.

October 17, 2022

Commercial, Tribal Casinos Embrace Cashless Gaming

Commercial and tribal casino executives believe cashless wagering will inevitably replace cash as the preferred method of betting, even as it creates another layer of anti-money laundering compliance scrutiny for operators.

October 14, 2022

Week In Crypto: Record-Breaking Hacks And Reg Action Highlight Another Bad Week For Crypto

As hackers wreak havoc on decentralised finance (defi) platforms, a US regulator has issued its largest crypto enforcement action to date following a multi-year investigation into suspected sanctions-busting.

October 14, 2022

No Change There Then! UK Finance Unveils Latest Hellish Fraud Stats

Lower fraud figures are not a reason to be cheerful, UK Finance has said, as it releases its latest statistics.

October 14, 2022

NCPI Global Expansion Continues With Worldline Partnership

The collaboration will see Worldline become the first EU acquirer to accept Unified Payments Interface and RuPay cards, two products of the National Payments Company of India (NPCI), on behalf of European merchants.

October 14, 2022

Payments Outage Cripples Australian Banks

Commonwealth Bank, Westpac, ANZ and NAB are among the banks affected by an industry-wide outage at Australia’s payment system.

October 14, 2022

Daily Dash: G20 TechSprint Winners Announced

The Bank for International Settlements and Bank Indonesia unveil the winners of their central bank digital currency competition, trade association reports surge in EU ATM attacks and US regulator reveals the high fees in college banking.

October 14, 2022

Safety, Cybersecurity Remain Concerns Among Nevada's Recovery

As their Macau casinos remain open but continue to struggle financially from government-imposed coronavirus restrictions, Wynn Resorts CEO Craig Billings said he never thought he would see the day when his company's properties in Las Vegas and Boston were out-earning those casinos in the Chinese enclave.