Insights Archive

October 6, 2022

Queensland Probe Finds Star In Breach Of Casino Legislation

An external review into The Star Entertainment Group’s casino operations in Queensland has found the company’s conduct to be “inconsistent” with casino legislation, paving the way for the state gambling regulator to declare it unsuitable to hold a casino licence.

October 6, 2022

U.S. Operators Facing Fines As Sports Betting Expands

Although dollar figures have yet to approach the eight-figure fines in international jurisdictions, U.S. regulators continue to be active when it comes to sanctions for operators in the rapidly expanding sports-betting market.

October 6, 2022

Brazil Elections Strengthen Senate Resistance To Gambling Expansion

Brazil Senate leader Carlos Portinho believes that election victories of President Jair Bolsonaro-backed candidates made in congressional races during Sunday's general elections will not affect Congress' pending legislative agenda, including gambling.

October 6, 2022

Irish Lawmaker Challenges Justice Department Over 'Illegal' Online Market

Irish lawmaker Verona Murphy TD has challenged the government on its regulation of online gambling, claiming during a Committee of Public Accounts meeting that despite it being an “illegal activity” it is certified by the Department of Justice.

October 5, 2022

Mastercard And Visa Served Class Action Lawsuit Over Multilateral Card Fees

VIXIO speaks to the litigators bringing the latest class action lawsuit against Visa and Mastercard concerning their commercial card and cross-border fees.

October 5, 2022

Xiaomi Loses Appeal After India Freezes $683m In Illegal Remittance Probe

Xiaomi India, a subsidiary of a large Chinese phone brand, has lost an appeal against the seizure of its assets in one of India’s biggest financial crime cases to date.

October 5, 2022

US Finalises Debit Card Routing Rule As Credit Card Bill Goes Before Congress

The US Federal Reserve has finalised a rule requiring competitive debit card routing for online payments, while a bill intended to mandate a similar provision for credit cards is making a move in Congress.

October 5, 2022

Courts Clarify Underage Sports Rules In Sweden

The Swedish Gambling Authority has said there is now regulatory “clarity” around sanctions for offering bets on underage athletes.

October 5, 2022

No Certainty When UK White Paper Will Be Published, Says MP

There is no certainty around when the long-awaited UK Gambling Act white paper will be released or what will be in it, according to MP Iain Duncan Smith.

October 5, 2022

Suitability Screening, Advertising In Focus For Key U.S. Sports-Betting States

Maryland now expects to beat Ohio to the launch of mobile sports betting before the end of the year, but regulators told a VIXIO webinar that not all applicants are likely to make it to the starting line in either state as they undergo full compliance and background scrutiny.

October 5, 2022

California Tribes Target Cardrooms As Sports-Betting Ballot Battle Broadens

As election day draws ever closer on November 8, a new poll shows a measure to legalize retail sports betting at tribal casinos and racetracks heading for defeat, handing a victory to cardrooms in California that see the ballot initiative as a threat to their businesses.

October 5, 2022

Ukraine Regulator Readies New Powers To Sanction Russian Firms

In the aftermath of Russia’s invasion of Ukraine, the Ukrainian Commission for Regulation of Gambling and Lotteries (KRAIL) is intensifying efforts to sanction Russia-backed bookmakers, lottery operators and other gambling entities.

October 5, 2022

Ontario Regulator Confirms October 31 Grey Market Transition Deadline

Ontario’s gaming regulator has confirmed that a new standard will take effect October 31 requiring online gambling operators to complete their conversion to the province’s regulated market or cease operations in the province.

October 4, 2022

French Regulator Withdraws Crypto Licence After Onsite Inspection

The French authorities have taken action against BYKEP, withdrawing its registration as a crypto-assets service provider with immediate effect.

October 4, 2022

Messing Up With The Kardashians: Kim Fined $1m For Crypto Promo

Kim Kardashian must pay more than $1m to settle charges by the US Securities and Exchange Commission following her misadventure into the crypto world, after a dressing down by UK regulators last year.

October 4, 2022

Brussels Considering Its Place In The Metaverse

A member of the European Parliament has put pressure on the European Commission to make known its plans to regulate the metaverse after interventions from commissioners such as Thierry Breton.

October 4, 2022

Nigerian State Regulators Challenge Ruling Empowering Federal Authority

The Nigerian Association of State Gambling Regulators is appealing a High Court ruling that had hoped to end a long-standing dispute between its members and the federal gambling regulator regarding who oversees gambling businesses in the country.

October 4, 2022

Kentucky Urged To Create State-Backed Problem Gambling Fund

Despite gambling in Kentucky being a $2bn industry consisting of opportunities to wager on horse races, historic horseracing machines, a state lottery and charitable gaming, advocates warn the state lacks a sustainable source of funding for treatment and prevention of problem gambling.

October 4, 2022

GeoComply Files Patent Infringement Suit Against Xpoint

Geolocation technology leader GeoComply has filed a lawsuit in Delaware federal court accusing upstart competitor Xpoint of infringing on a patent the Vancouver-based company owns to perform its geolocation tracking services for sports betting and online gaming.

October 4, 2022

Italy's Far Right Swing Expected To Benefit Gambling Industry

Election victory for Italy’s right-wing alliance will likely see Giorgia Meloni of the fascist-linked Brothers of Italy installed as the country’s first female Prime minister, but will also usher in a new era for the gambling industry.

October 3, 2022

UK’s Paym To Be Wound Down

Experts lament the demise of Paym as UK banks confirm the shutting down of the mobile payments platform first launched in 2014.