Insights Archive

August 7, 2023

Brazil’s Sports-Betting Lobbying Battle May Accelerate Broader Gambling Expansion

Sports betting still faces an uncertain path to implementation in Brazil, with one plausible scenario involving the combination of legal amendments with separate legislation to regulate casinos, video-bingo and all forms of online gaming.

August 7, 2023

Curaçao Pledges Cooperation On Australian Complaints, Documents Say

Australia’s media regulator has received a pledge of cooperation, in response to pressure on the Curaçao government to crack down on online gambling operators it says are illegally targeting the country.

August 6, 2023

DraftKings Optimistic About Opportunities In Kentucky, Florida, Nevada

With the company also exploring opportunities in Nevada, the sooner-than-expected launch of legal sports betting in Kentucky has not prevented DraftKings from reporting a significant increase in profitability this upcoming football season.

August 6, 2023

Ohio Operators Improving Compliance With Sports-Betting Rules

After a rocky start that included over $1m in fines before the state’s sports-betting program was a week old, Ohio’s top gaming regulator says compliance with the state’s advertising rules has improved.

August 4, 2023

Impact Index July 2023

VIXIO’s impact index dropped 36 points in July, below the 2022 baseline and 5 points lower than July 2022.

August 4, 2023

The Clearing House Expands Request For Payment In US

The Clearing House has announced that it is expanding its "request for pay" option on its real-time payments network, just weeks after the rival FedNow system launched.

August 4, 2023

Daily Dash: UK Consults On Scam Call Crackdown

The UK has launched a consultation on its plans to ban cold calling for financial services, and Ant Group has unveiled a new agreement with Standard Chartered Bank.

August 4, 2023

India GST Council Backtracks On Taxing Online Gaming Turnover

India’s GST Council has partially walked back its hardline decision on online gaming taxes, clarifying that a 28 percent goods and service tax shall apply to initial deposits and not to every bet.

August 4, 2023

Chile's Congress Considers Blackout For Grey Market Operators

The Economy Commission in Chile’s Chamber of Deputies is reconsidering two amendments that would severely limit the ability of grey market operators to obtain licences under a proposed licensing system.

August 4, 2023

Finland On Guard For Illegal Gambling Advertising At Rally Race

Finland’s National Police Board has increased its supervision of an ongoing sporting event in the country over fears gambling companies outside of the monopoly system will take the opportunity to promote themselves.

August 4, 2023

News In Brief: July 31-August 4, 2023

The Australian state of Victoria has banned betting on under-19 sporting events and any players aged 18 or younger.

August 3, 2023

U.S. Gaming Companies In The Black On Online Gambling

The latest quarterly earnings from MGM Resorts International, Caesars Entertainment and Bally’s Corp. have underlined the sharp focus of casino operators on reaching profitability in digital operations, as well as the importance of professional sports in Las Vegas.

August 3, 2023

Florida Anti-Gambling Faction Won’t Pursue Supreme Court Appeal

A Florida coalition opposed to the gambling compact between the Seminole Tribe and Republican Governor Ron DeSantis will not appeal to the U.S. Supreme Court, after a Washington, D.C. appeals court ruled the Seminole Tribe can resume online sports betting.

August 2, 2023

After FATF Grey Listing, UAE To Launch New Financial Crime Offices

The United Arab Emirates (UAE) has committed to launching new “federal prosecution entities” that will specialise in bringing financial crimes and money laundering offences to justice.

August 2, 2023

Grass Not Looking Green As Mastercard Bans Cannabis Payments

Cannabis dispensaries in the US are likely to become cash-only, with industry players blaming the SAFE Banking Act for Mastercard’s decision to pull the pin on debit options.

August 2, 2023

Chile Gives Green Light To Cross-Border Card Acquiring

In proposed reforms of card acquiring and sub-acquiring rules, Chile could establish cross-border card acquiring as a legitimate business model and change the reserve calculation rules for closed and semi-closed loop payment schemes.

August 2, 2023

NFL Player Criminally Charged For Sports-Betting Infractions

An NFL player already serving an indefinite suspension and three collegiate athletes are facing criminal charges in Iowa related to sports betting.

August 2, 2023

ICE Moves To Barcelona Due To Lower Costs, Bigger Facility, Clarion Says

The ICE gambling expo will move from London to Barcelona in 2025 due to dramatically lower costs and because the conference is close to outgrowing its London venue, according to organiser Clarion Gaming.

August 2, 2023

Brazil's Sports-Betting Provisional Measure Receives Over 200 Amendments

More than 240 amendments have been submitted to Brazil's Congress to revise the government's emergency legislation to regulate sports betting, with the most notable seeking to restrict advertising, impose a blackout period for offshore operators and even regulate casino games.

August 2, 2023

Churchill Downs Boss Believes Grey Games Are Illegal Slot Machines

Bill Carstanjen, chief executive of Churchill Downs, believes the racing industry, as well as the state and its residents, stand to benefit from Kentucky’s decision to ban thousands of so-called grey-market games that are in hundreds of bars and convenience stores.

August 1, 2023

PayPoint Sued Over Blocking Rival From Entering UK Market

GLOBAL-365 has filed a multi-million-pound lawsuit against over-the-counter payment provider PayPoint claiming it shut out rivals from energy prepayment services.