Insights Archive

February 3, 2022

The More Things Change, The More They Stay The Same For Florida Gaming

The failure of two high-profile ballot initiatives on casinos and sports betting, plus a federal court ruling against a landmark tribal gaming compact, means it is almost as if Florida has become the gaming industry’s enigmatic Sphinx.

February 3, 2022

Nevada Gaming Board Approves Las Vegas Sands Sale Of Venetian

The Nevada Gaming Control Board on Wednesday recommended approval for Apollo Global Management’s purchase of the Venetian and its associated properties from Las Vegas Sands.

February 3, 2022

Personnel Moves - January 2022

Norsk Tipping is to get a new chief executive, changes at the top for IGT and leading Australian trade group appoints a new CEO.

February 2, 2022

Stablecoins Could Serve As Digital Safe Haven During Crypto Market Distress, U.S. Fed Says

U.S. Federal Reserve analysis suggests that stablecoins have a huge potential to grow and could serve as a digital safe haven currency during periods of crypto market distress.

February 2, 2022

EuReCA! EU Launches AML Database

The European Banking Authority has unveiled its central database for anti-money laundering and counter-terrorist financing (AML/CTF).

February 2, 2022

Meta Bids Diem A Goodbye

After sending shockwaves through the financial industry, and becoming a nightmare scenario for central banks, Meta has sold the fruits of its stablecoin project to Silvergate Bank.

February 2, 2022

Mississippi Misses Out On Mobile Sports Betting Yet Again

The slow start for gaming bills in 2022 continued on Tuesday with a crucial deadline passing in Mississippi without consideration of a bill that would expand mobile sports betting in the Magnolia State.

February 2, 2022

Virginia Might Dangle Casino In Stadium Offer For D.C. Football Team

As the NFL’s Washington Football Team prepares to unveil its new nickname, lawmakers in Virginia are preparing to spend up to $1bn to lure the team to their state and may throw a brand new casino into the bargain.

February 2, 2022

Sweden Reprimands Betway Over Negative Equity

The Swedish Gambling Authority has reprimanded Betway’s Swedish unit for having negative equity in 2019 and the regulator warned the company needed to fix its finances in order to get a licence renewal from the end of 2023.

February 2, 2022

Playtech Evaluates Alternatives As Aristocrat Deal Likely To Fail

Playtech said it is evaluating “attractive M&A proposals” as it expects the shareholder vote on Aristocrat Holdings' buyout proposal later today will not pass.

February 2, 2022

GAMSTOP To Operate Single Customer View Trial

Trade group the Betting and Gaming Council has announced that UK charity GAMSTOP will operate a highly anticipated single customer view trial.

February 1, 2022

Social Media Scams Doubled In 2021, Warns FTC

Social media has become a gold mine for scammers in 2021, as data from the U.S. Federal Trade Commission (FTC) reveals a large increase in the number of fraud incidents initiated via social media platforms.

February 1, 2022

Getting Up To Speed - How Regulators Got On Top Of Crypto

Regulators have come a long way since they first started to study cryptocurrencies, and their approach is now changing towards a more holistic view.

February 1, 2022

BIS Highlights Data Risks In Booming Virtual Banking Market

The world’s central bank has released a new report on Asia’s thriving virtual banking industry, although it warns that wins such as financial inclusion need to be balanced with consumer data protection.

February 1, 2022

South Korea Completes First Phase Of CBDC Work

The Bank of Korea has concluded the first stage of its central bank digital currency (CBDC) simulation project and is ready to move on to new innovations, it announced last week.

February 1, 2022

U.S. Online Casino Expansion Outlook Grim For 2022

While only one month has passed in 2022, the lack of momentum behind legislation in several key states suggests the year will be a bleak one for supporters of online casino expansion in the United States.

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.