Insights Archive

December 6, 2022

India Flags Combined Regulation For Skill And Chance Gaming

India’s central government appears to have embraced skill and chance games with stakes as a single regulatable segment, after the Prime Minister’s office overruled an expert committee’s proposal to regulate only skill games, Reuters has reported.

December 6, 2022

Caesars Becomes First U.S. Sportsbook To Stream NFL In-App

The National Football League (NFL) has taken another significant step in its embrace of legalized sports betting, reaching its first domestic agreement to allow a sportsbook to stream live NFL games within its platform.

December 5, 2022

Singapore Clarifies BNPL Data Will Not Be Shared With Financial Institutions

Singapore’s top central banker has fielded parliamentary questions on the country’s buy now, pay later (BNPL) regulations, in an effort to assure lawmakers that users are protected from data risks and over-indebtedness.

December 5, 2022

UK Banks Failing To Protect Customers From ’Spoofing’ Fraud, Says Study

A new study by UK consumer watchdog Which? has found that some banks are leaving customers vulnerable to "spoofing" fraud by failing to implement protections.

December 5, 2022

Is Dual Routing The Answer To Rising Card Fee Conundrum?

Mandating dual routing is one of the many tools regulators have as they try to keep card acceptance costs at bay. With several countries pushing for dual routing, one merchant advisory firm tells VIXIO the merits of this regulatory method compared with capping interchange fees.

December 5, 2022

Alderney Names Journalist Andrew Gellatly As Online Regulator

The Alderney Gambling Control Commission has named veteran gambling journalist, policy researcher and VIXIO GamblingCompliance co-founder Andrew Gellatly as executive director, signalling an acceleration in pandemic-era global engagement.

December 5, 2022

Missouri Sports-Betting Bills Are Back But VLTs Remain A Roadblock

Lawmakers in Missouri have begun filing bills ahead of the 2023 legislative session, with two sports-betting bills among the hundreds expected to be introduced by members of both chambers of the state legislature.

December 5, 2022

Ireland Gambling Regulation Bill Finally Published

Ireland’s justice minister, Helen McEntee, has published the country's long-awaited Gambling Regulation Bill 2022, 66 years after its current primary gambling law was introduced.

December 5, 2022

Italian Market Consolidated By 2022 M&A Flurry

A spate of mergers and acquisitions among Italian-facing operators has shaken up Europe’s second-largest online market, leading to a more heavily concentrated market share picture at the corporate level.

December 2, 2022

Week In Crypto: FTX CEO Says He ‘Did Not Try To Commit Fraud’, ECB Claims Bitcoin At Death’s Door

Former FTX CEO Sam Bankman-Fried comes face to face with dispossessed customers at a New York Times event, European central bankers question bitcoin’s longevity and Kraken lays off almost a third of its staff.

December 2, 2022

Barclays Slapped With £8.4m Fine Over Card Fee Disclosures

The Payment Systems Regulator (PSR) has fined Barclays for not giving retailers full information about the costs of its card services.

December 2, 2022

Ireland To Fix Retail Banking Through ‘Organic And Progressive’ Change

The Irish Government’s comprehensive review of the country’s retail banking sector has concluded with 34 separate recommendations to better improve the culture of governance, competition and consumer protection.

December 2, 2022

Daily Dash: SWIFT Low-Value Cross-border Payment Services Triples Users

SWIFT’s low value cross-border payments solution triples membership among member banks, Indonesia publishes white paper on its central bank digital currency (CBDC) design, and HSBC closes UK branches and sells Canadian bank.

December 2, 2022

Finnish Opposition Budget Eyes €50m Licensing Boost

Finland’s National Coalition Party (NCP), the country’s third-largest in Parliament, says that the country’s gambling monopoly system has “failed” to protect people from harm.

December 2, 2022

Twitter: The Secret Weapon U.S. Sportsbooks Use To Keep Up With Sharps

Overshadowed by all the news coverage about its turbulent transition under new owner Elon Musk is Twitter’s importance in providing critical betting information to sportsbook operators.

December 2, 2022

Massachusetts Gaming Commission Approves Sports-Betting Vendor, Tax Regulations

As the Massachusetts Gaming Commission prepares to host a public hearing Monday on the state's three casino retail sports-betting licenses, commissioners agreed to set aside some time in an upcoming meeting for a policy briefing on promotional play credits and free bets.

December 2, 2022

Personnel Moves - November 2022

Chris McGinnis named as Playtech’s new chief financial officer, Anthony “Tony” Rodio, chief executive of Great Canadian Entertainment has retired as CEO and a director, Australian casino operator The Star Entertainment Group named two non-executive directors to replenish its board after a series of resignations over compliance failures.

December 2, 2022

News In Brief: November 28-December 2, 2022

Blackstone selling its stake in two Las Vegas casinos for a huge profit, New York bill to make regulator consider amending racing gambling rules, Ontario bans UFC betting over integrity concerns and Maryland grants initial approval for two online sports-betting operators.

December 1, 2022

RBA Board’s To-Do List: Least-Cost Routing For Mobile Wallets And Further BNPL Oversight

The Reserve Bank of Australia (RBA) has outlined its key payment objectives, which include a two-year window to implement least-cost routing for card-based transactions on mobile wallets, monitoring of Visa and Mastercard’s buy now, pay later (BNPL) platforms and support for instant cross-border payments.

December 1, 2022

India Begins Live Testing Of Retail Digital Rupee

A digital rupee pilot in India has kicked off today, allowing selected merchants and customers to test person-to-person and person-to-merchant payments in Mumbai and New Delhi.

December 1, 2022

UK Study Finds Lack Of ID Verification In Cryptocurrency Gambling

A group of UK-based researchers examining cryptocurrency gambling sites found none that verified the identities of new players, and 35 percent asked for only an email but no personal information.