Insights Archive

February 1, 2022

French Regulator Says Operators Must Tackle Major 'Public Health Issues'

The French gambling regulator has said “substantial progress” must be made by the majority of operators when it comes to preventing excessive or pathological gambling.

February 1, 2022

Italian Police Break Up Mafia Betting Ring

Another mafia-run gambling network has been broken up in Italy, with police this time citing links to Curaçao, Romania and Malta.

February 1, 2022

Corruption A Priority For U.S. AML Regulator, Casinos Told

U.S. casinos and other gaming operators should be aware of anti-money laundering regulators’ enforcement priorities and be prepared to apply enhanced due diligence for high-end patrons potentially gambling with the proceeds of corruption, experts said last week.

January 31, 2022

A High Price To Pay - FedNow Prices Unveiled

The U.S. Federal Reserve has released its planned pricing for its upcoming instant payments service called FedNow.

January 31, 2022

Weapon Of Last Resort - What A SWIFT Ban Could Mean For Russia

As tensions around the Russia-Ukraine borders are heating up, VIXIO considers the implications of fresh sanctions on the country, including the possible cutting of access to the SWIFT international financial messaging network.

January 31, 2022

Moving In The Right Direction? What Will Become Of The PSR’s New Strategy

The new strategy for the UK's Payment Systems Regulator (PSR) is right to focus on good outcomes for consumers and businesses, but there are questions about whether it will have the teeth to achieve its targets.

January 31, 2022

Crypto-Busters! New Europol Paper Throws Cold Water On Crypto Crime Perceptions

Europol has issued a new report on the illicit use of cryptocurrencies and has used it to debunk some of the myths surrounding crypto and criminal behaviours.

January 31, 2022

Macau Police Arrest Junket Kingpin Levo Chan

Macau’s stricken junket segment has suffered another major setback with the arrest in Macau of Levo Chan, chairman of the once-powerful Tak Chun junket and CEO of Fisherman’s Wharf operator Macau Legend Development.

January 31, 2022

Data Analysis: Live Dealer Casino Exemption Boosts South African Online Market

A 37 percent jump in South African sportsbook revenue in 2020/21 was overwhelmingly driven by the provinces of Western Cape and Mpumalanga, where online live dealer casino games are permitted as “contingent events” on which to bet.

January 31, 2022

NHS To Sever Gambling Sector Funding

The UK gaming sector has defended its commitment to tackling problem gambling after reports that the NHS is set to sever industry funding for addiction clinics.

January 31, 2022

Final Countdown For Ontario Online Launch

The countdown to the launch of Ontario’s competitive online gambling market began in earnest on Friday when officials announced a go-live date of April 4, giving operators and regulators around ten weeks to clear a long to-do list.

January 31, 2022

Native American Governor At Odds With His Own People Over Tribal Gaming

A wry smile crossed the face of the only Native American governor in the United States when he was asked why he is so unpopular with gaming tribes in his state of Oklahoma.

January 28, 2022

PSR Outlines New Card Acquiring Remedies

The UK Payment Systems Regulator (PSR) has published its initial remedies consultation for its card-acquiring market review, as it aims to throw a lifeline to heavily burdened merchants.

January 28, 2022

Week In Brief - January 28, 2022

A short roundup of some of the week's payments news you may have missed. This week we look at the rise of online payments in Spain, a Malaysia and Indonesia QR payment linkage, a suspicious activity report sharing pilot program in the U.S., and new regtech guidance in Hong Kong.

January 28, 2022

Another One Bites The Dust! Thailand Reins In Crypto Payments

Thailand becomes the latest country to crack down on crypto usage, with its financial authorities planning to prohibit the use of crypto-assets to pay for goods and services.

January 28, 2022

Update: U.S. Consumer Watchdog Opens Broad Review Of Consumer Financial Product Fees

The Consumer Financial Protection Bureau has issued a request for information on fees charged by banks and financial services companies, including credit card and payments fees.

January 28, 2022

Missouri Casinos Team Up For New Sports-Betting Push

A new lobbying alliance of Missouri casinos and pro sports teams is hoping to finally get a sports-betting bill across the goal-line in 2022 as the Show Me State faces extra competition from neighboring states.

January 28, 2022

Novomatic Pulls Out Of ICE

Novomatic, the biggest ICE London exhibitor, has pulled out of the giant gambling conference citing COVID-19 concerns, “logistical challenges” and the “unfavourable and unavoidable alternative date”.

January 28, 2022

Philippine Senate Names Suspects In Gambling-Linked Trafficking Ring

A Philippine Senate committee has unanimously recommended criminal charges against 28 government officials and employees bribed by human trafficking and prostitution rings linked to the online gambling industry.

January 28, 2022

Namibia Commences Long-Awaited Gambling Laws

Namibia’s government has ratified two long-awaited acts integral to the regulation and expansion of its gambling industry, as it looks to fund social welfare programmes through the sector.

January 28, 2022

News In Brief: January 24-January 28, 2022

Deposit limits will not return in Sweden, KSA says unlicensed operators should brace for enforcement in the Netherlands and Nevada sets a revenue record.