Insights Archive

July 18, 2022

DC Council Questions Sports-Betting Monopoly Model

District of Columbia Council members have sharply criticized the performance of the city’s lottery-led sports-betting program and called for a pivot to a model that would permit private operators to offer mobile wagering.

July 18, 2022

Political Anger In Tamil Nadu, As Kerala Targets Online Rummy

Hostility to online rummy in the southern Indian states of Tamil Nadu and Kerala is threatening to boil over, amid opposition politician anger and as governments move to defy court rulings defending skill gaming with stakes.

July 18, 2022

Romania Approves Winnings Tax Hike

The Romanian gambling industry faces a range of tough tax increases, including fees on player winnings, after the government approved an emergency ordinance and amendments to the country’s fiscal code.

July 18, 2022

Peru Passes Online Gambling Law

Peru’s Congress on Friday approved a bill that will regulate the operation of online gaming and sports betting, after lawmakers agreed to drop a proposed consumption tax on all online bets.

July 18, 2022

Crowded Field For Ohio Sports Betting

Bet365 and Fanatics are among operators bidding to enter Ohio’s coveted sports-betting market as the partner of one of the state’s major sports teams, according to a list of applications published by the Ohio Casino Control Commission on Friday.

July 15, 2022

Adyen Brings Apple Tap To Pay To Retailers

The Dutch payment processor will enable its retailers to use iPhones to accept contactless payments without the need to purchase a POS terminal.

July 15, 2022

Week In Crypto: Celsius Bankruptcy, MtGox’s Hacked Bitcoin Back On The Market

After suspending all customer withdrawals for just over a month, crypto lending platform Celsius has now become the latest digital asset business to file for bankruptcy in the US.

July 15, 2022

French Antitrust Watchdog Goes For The Clouds

The Autorité de la concurrence has published a new consultation seeking how better to regulate cloud providers as it joins fellow European regulators in scrutinising US companies’ market power on the continent.

July 15, 2022

Mastercard, Visa Chiefs Probed By MPs About Interchange Fees

The Treasury Committee has written to Visa and Mastercard requesting a justification for recent increases in UK card transaction fees.

July 15, 2022

UK Court Suspends National Lottery Licence Handover Again

An automatic suspension on the handing over of the National Lottery Licence was put into effect on July 14, after a UK court granted Camelot and IGT permission to appeal.

July 15, 2022

Argentina Implements Online Gambling Deposit Tax

Argentina has enacted a new federal online gambling tax through a resolution published by the country’s national tax authority.

July 15, 2022

Swedish Supreme Court Shuts Down Multiple Operator Appeals

Sweden’s Supreme Administrative Court has rejected eight enforcement appeals by gambling companies which had received warnings and fines.

July 15, 2022

Gambling White Paper Reportedly Delayed Until New Prime Minister Named

The UK gambling white paper has been delayed until a new Prime Minister takes office, British newspapers say, and a new UK leader is not expected until September.

July 15, 2022

Ontario Operators Wrestling With Lack Of Supplier Licensing

Companies active in the Ontario online market have said that the burden placed on operators holding them responsible for the actions of their partners has created a range of challenges throughout the province’s complicated licensing process and subsequent launch.

July 15, 2022

News In Brief: July 11-July 15, 2022

An effort to ban online gambling companies advertising via sports in Chile has made legislative progress.

July 14, 2022

Oz Bank Receives First Fine For Consumer Data Right Breach

Australia’s Bank of Queensland has paid a six-figure penalty fee following an alleged breach of the country’s Consumer Data Right Rules.

July 14, 2022

Regulators Must Speed Up Crypto Work, Says Bank Of England Official

Jon Cunliffe, the Bank of England’s deputy governor, has shared his thoughts on recent crypto instability, suggesting that appropriate regulation will be able to support innovation.

July 14, 2022

VIXIO Speaks With: The Bank of Lithuania

In a wide-ranging interview with the Bank of Lithuania, Lukas Jakubonis, it’s head of financial market development, spoke to VIXIO about how the country has positioned itself as fintech friendly hub of Europe, why Brexit was an opportunity, and how it plans to deal with topical issues, such as the rise in crypto-asset use.

July 14, 2022

BNPL Firms Blame ’Current Market Conditions’ For Merger Failure

Australian buy now, pay later (BNPL) company Zip announced it has pulled out of a $330m merger agreement with US rival Sezzle, citing macroeconomic and market conditions as a reason.

July 14, 2022

New York May Look At Limited iGaming, Senator Says

As U.S. operators eagerly anticipate more states regulating online casino games, New York could initially look to limit the availability of iGaming to certain hours of the day, according to a chief proponent in the state's Senate.

July 14, 2022

FanDuel Chief Draws Line On Gambling Advertising In College Sports

FanDuel will continue to take bets on March Madness and college football, but CEO Amy Howe on Wednesday said she opposes gambling logos on the uniforms of college athletes.