Insights Archive

November 6, 2024

German Regulator Questions 'Pessimism' As Industry Seeks Relief

The German online gambling industry debated "sobering" prospects while its top regulatory official questioned why the industry is so pessimistic.

November 5, 2024

Tight Race Expected As Missouri Votes On Sports Betting

Support for legalizing sports betting in Missouri has declined by double-digits as U.S. voters head to the polls on Election Day, according to the most recent poll on the initiative.

November 5, 2024

Ireland's New Regulator Outlines Next Steps

Ireland's new licensing regime will commence on a phased basis, according to the new gambling regulator, but there is still no fixed timeline for when new licence applications will open.

November 5, 2024

Regulatory Influencer: FTC Issues Final “Click-to-Cancel” Rule

In recent years, regulators and consumers have expressed growing concerns over deceptive subscription practices and negative option marketing. In October 2024, the FTC issued the Negative Option Rule, commonly referred to as the “click-to-cancel” rule that will require sellers to make it as easy for consumers to cancel their enrollment as it is for them to sign up.

November 5, 2024

US Election 2024: What To Expect For The US Payments Industry?

In the second part of this election series, Vixio looks at the impact for the payments industry in both potential outcomes, including key areas such as fraud, card fees and crypto-assets.

November 5, 2024

US Republicans Object To 'Heavy-Handed' Scrutiny Of Bank-Fintech Partnerships

A group of senior Republicans in Congress have urged federal regulators not to rush into "ill-fitting" regulations on financial service companies, following a "heavy-handed" investigation into bank-fintech partnerships.

November 5, 2024

Bybit Fined €2.25m For Providing Unregistered Crypto Services In The Netherlands

De Nederlandsche Bank has imposed an administrative fine of €2.25m on Dubai-headquartered crypto firm Bybit Fintech Limited (Bybit) for operating in the Netherlands without the required legal registration.

November 5, 2024

Daily Dash: UK Parliamentary Committee Launches Inquiry Into Cash Acceptance

The UK's Treasury Select Committee has announced an inquiry into whether new rules are needed to require businesses to accept physical cash, while the BIS is to exit a study of wholesale central bank digital currency (CBDC) for cross-border payments.

November 5, 2024

Bally's To Sell Japan-Facing Online Gambling Business

Bally's Corporation has announced it will offload control of Japanese online gambling and "certain other international markets" to the same operation's managers while retaining "licensing and royalty revenues".

November 4, 2024

New Finland Draft Will Accelerate Market Opening

Finland has released an updated draft of its monopoly-ending gambling law, revealing an intent to open the market six months earlier than planned.

November 4, 2024

Brazil's Chief Prosecutor Expected To File Legal Challenge Against Online Gambling Law

Brazil’s prosecutor general is reportedly preparing to file a constitutional challenge in order to overturn Law 14.790, which regulates online betting.

November 4, 2024

Daily Dash: Cyprus Considers Banning Cash Transactions Over €10,000

Lawmakers in Cyprus are considering banning the use of cash for transactions of €10,000 or more, while the US CFPB has fined VyStar Credit Union $1.5m after a failed system upgrade left customers without access to their accounts.

November 4, 2024

US Election 2024: How A Trump Win Could Affect The CFPB

In the first of a two-part report, Vixio looks at what the impact of a second term for President Donald Trump will be on the Consumer Financial Protection Bureau (CFPB), the US federal consumer protection agency.

November 4, 2024

Singapore: New National AML Strategy Banks On 'Whole-Of-Government' Approach

One year on from Singapore’s largest ever money laundering bust, regulators are banking on a "whole-of-government" approach to prevent further illicit funds from entering the jurisdiction’s financial system.

November 4, 2024

Mastercard Faces European Commission Fee Probe

The US card giant has disclosed in its quarterly report that it is cooperating with the European Commission on an antitrust investigation.

November 4, 2024

OBL Could Oversee Standards In New UK Data Bill, Open Banking Chief Says

In an exclusive interview with Vixio, Henk Van Hulle, chief executive of Open Banking Limited (OBL), welcomed the Data Use and Access Bill and suggested that his organisation could act as the body overseeing standards.

November 4, 2024

São Paulo Awards Brazil's Most Lucrative State Lottery Licence

São Paulo’s government has awarded a $100m concession for a state lottery and may soon follow up with a local licensing system for sports betting and online gaming.

November 1, 2024

MGM, Caesars Laud Digital Business Growth

Despite stagnant expansion of online casino gambling to new U.S. markets, casino giants Caesars Entertainment and MGM Resorts International believe the substantial investments they have made in their digital businesses are adding to the bottom line.

November 1, 2024

Massachusetts Regulator Hit With Lawsuit Over Delays In Player Data Collection

A new lawsuit claims the Massachusetts Gaming Commission has been withholding behavioral data for research into problem gambling.

November 1, 2024

Gibraltar Stalemate Continues With No Border Deal In Sight

The online gambling hub of Gibraltar is approaching five years past Brexit without a full agreement that would allow a vital daily flow of workers across the border from Spain, leading many to wonder if the outcome will be no deal.

November 1, 2024

ECB Calls For Expressions Of Interest In Digital Euro Innovation Partnerships

As momentum builds around the potential launch of a digital euro, the European Central Bank (ECB) is seeking expertise from across the eurozone to collaborate on shaping the future of digital currency.