Insights

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Our industry experts regularly spend time with lawmakers, regulators and industry participants to get to the heart of regulatory issues. We deliver our expert insights across multiple media to ensure timely delivery of information to meet your everyday needs.

From quick blog insights through to industry events, we provide you with the depth and breadth of knowledge needed to help you make the right business decisions, staying compliant and gaining a competitive advantage.

Automatic Pix Goes Live, Enabling Recurring Payments in Brazil

Pix, Brazil’s instant payments system, has introduced a recurring payments mechanism, aiming to simplify bill payments for consumers.
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Sweepstakes Ban Under Consideration in New York, Vetoed In Louisiana

As one state legislature looks to reinforce regulatory actions against sweepstakes gaming operations, another has seen the governor veto a legislative ban, calling it unnecessary.
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Pay.UK Sets Out Ideas For Reforming UK’s Payments Infrastructure

Payment system operator Pay.UK has unveiled a package of proposed reforms to the organisational framework for interbank payments, urging “radical” change to prevent the UK falling behind on infrastructure and innovation.
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Presidential Decree Confirms Brazil Betting Tax Hike

A sharp increase in the main tax applied to online betting in Brazil became reality late Wednesday when an emergency decree was published in the Brazilian government’s official gazette.
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No Exclusivity, No Sports Betting, Tribes Warn Minnesota Lawmakers

With less than two weeks left before the Minnesota legislature adjourns its 2023 session, supporters of sports betting are running out of time to garner enough support from the state’s two racetracks and skeptical senators to get a bill through both chambers and onto the governor’s desk.
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Gambling

Fanatics Gaming Boss Talks Sports-Betting Strategy

One of the biggest sources of intrigue in the U.S. sports-betting industry for 2023 is the emergence of a new well-capitalized competitor in the form of sports merchandise giant Fanatics, whose top gaming executive spoke Wednesday about the company’s forthcoming launch in several states.
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Gambling

Malta Wants To Ban Foreign Judgments Against Gambling Firms

The Maltese government wants to prohibit foreign judgments, including those from within the European Union, from being enforced against gambling providers licensed in Malta.
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Gambling

U.S. iGaming Advocates Eyeing Illinois For 2023 Breakthrough

Leading U.S. operators are now looking to Illinois to get iGaming expansion on the board for 2023, as budget surpluses and lingering cannibalization concerns continue to stifle legislative efforts in other states.
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Gambling

News In Brief: May 8-May 12, 2023

A Denmark gambling harm research group has revealed the donations it received from the local industry and Kyrgyzstan issues its first casino licence after un-banning the sector.
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Gambling

PSR ’Watching’ Tech Companies Carefully

A senior official at the UK's Payment Systems Regulator (PSR) has disclosed that the organisation is keeping a close eye on bigtech’s growing role in payments, joining other regulators across the continent.
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Payments

Florida Lawmakers Say No To CBDC In Near-Unanimous Vote

Lawmakers in Florida have passed a bill that seeks to ban the use of a federal or foreign central bank digital currency (CBDC) within the state, although the governor has acknowledged that the bill is largely symbolic.
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Payments

Colombia Mandates Open Data In Ambitious National Development Plan

Colombia’s fintech industry is celebrating the passage of Gustavo Petro’s $250bn development plan, which includes significant advances for the country’s payments space.
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Payments

Vermont Sports-Betting Vote Caps Historic Five-Year U.S. Gaming Expansion

Just days before the fifth anniversary of the landmark court decision that opened the door for a sports-betting boom in the U.S, Vermont legislators have put their state a governor’s signature away from becoming the 38th U.S. state to allow betting.
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Gambling

Brazil's Football Clubs Dealt Bad Hand On Match-Fixing, Revenue Shares

Brazilian football clubs are not getting what they bargained for on sports betting amidst a tense climate, as Congress prepares to launch an investigation into match-fixing allegations.
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Gambling

Uganda Approves Gambling Tax Hike

Uganda’s parliament has approved plans to increase the gambling tax rate from 20 to 30 percent after assuring that sports betting will remain taxed at 20 percent.
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Gambling

Nevada Casino Operators Seek Middle East Expansion

Some of the largest U.S. gaming companies are investing in the United Arab Emirates as part of a long-term strategy for international growth, with Wynn Resorts expecting healthy returns from the planned $3.9bn integrated resort it will manage in the country.
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Gambling

EU Court Sets Low Bar For ’Emotional Damages’ Under GDPR After Austrian Scandal

The Court of Justice of the European Union has issued a landmark ruling refuting that emotional damages under the General Data Protection Regulation (GDPR) must reach a certain level of seriousness to get compensation for a data privacy breach.
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Payments

Impact Index April 2023

VIXIO’s impact index fell by 53 points in April to 76, a 41 percent decline from March and the first time impact has fallen since December 2022, with activity lower across the board versus last year. Plus, the latest on AI regulation from the UK and Canada.
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Payments

Interview: EPC’s New Director General Talks Current Priorities And Future Hopes

Following his appointment as the new director general of the European Payments Council (EPC), Giorgio Andreoli speaks to VIXIO about PSD3, instant payments and the latest version of the request to pay scheme.
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Payments

POGOs Face Possible Probe After Rescue Of 1,100 Scam Workers

The rescue of more than 1,100 workers allegedly held captive by a scam syndicate in the Philippines could place new pressure on online gambling operations, amid Senate anger.
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Gambling

Colorado Bans Simulcast Wagers On Greyhound Races, Casino Credit Bill Stalls

As the Colorado General Assembly closed out this year’s regular legislative session on Monday, a ban on wagering on simulcast greyhound races was overwhelmingly approved, while a bill to allow casino operators to extend credit to customers wasn't considered prior to adjournment.
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Gambling

Strong First Quarter Boosts DraftKings Confidence In Marketing Strategies

DraftKings executives say the company's updated state launch playbook utilized in Ohio and Massachusetts has made a significant difference in reaching a larger portion of the population sooner than in other states.
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Gambling

GeoComply Acquires Licensing Provider OneComply

Less than four months after GeoComply Solutions secured its second round venture funding, the company on Monday acquired OneComply, a firm that manages personal and corporate licensing obligations.
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Gambling

US Bigtech Messed Up With EU Digital Markets Act

A new investigative report released by a top US senator reveals how US bigtech firms such as Amazon and Google influenced US policymakers to weaken the EU’s Digital Markets Act.
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Payments
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Bailey Cool On UK CBDC Suggestions

Hopes of a British central bank digital currency (CBDC) were dealt a blow by the governor of the Bank of England, Andrew Bailey, who said he “remained to be convinced” of the need for one.
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EU Lawmakers Insist Digital Euro Must Safeguard Privacy And Preserve Cash Access

The European Parliament’s Civil Liberties Committee (LIBE) has called for stronger guardrails for privacy and guaranteed access to physical cash in its opinion on the EU's proposed legislation to establish a digital euro.
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Regulatory Influencer: Malta’s Key Observations on Website Practices of Crypto-Asset Service Providers

Earlier in the year, the Malta Financial Services Authority (MFSA) conducted a thematic review of websites belonging to all the crypto-asset service providers (CASPs) authorised by the MFSA in relation to Regulation (EU) 2023/1114 on Markets in Crypto-Assets (MiCA). This was part of the MFSA’s commitment to consumer protection, ensuring that the information provided was fair, transparent and not misleading. Following its review of websites, the MFSA sent out a Dear CEO letter to CASPs laying out its findings.
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Regulatory Influencer: The Philippine Central Bank As Payments Policeman And… Online Gambling Saviour?

The Philippine online gambling industry’s rapid transition from a disgraced foreign-facing segment to flourishing domestic sector is approaching a crunch moment as payments channels come under unprecedented scrutiny.
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Peru President Vetoes Consumption Tax Bill

Peru’s president has partly vetoed a bill that would reduce the impact of a controversial consumption tax applied to online gambling.
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Ukraine Releases Flurry Of Consultations As It Seeks To Update Gambling Rules

Ukrainian licence holders will only have two months to comply with a long list of updated regulations under a key new proposal, as the country unleashes a flurry of consultations aimed at updating and aligning rules as well as improving industry oversight.
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California Tribes Seeking Second Win With Anti-Sweepstakes Legislation

In the wake of an opinion from California’s attorney general that threatens the future of daily fantasy sports in the state, Indian gaming tribes are looking to score a second major policy victory that could threaten sweepstakes operations as well.
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Pennsylvania Issues New Guidance For Virtual Dealers, Promo Bets

Pennsylvania regulators have issued a deadline for online gaming operators and suppliers to come into compliance with a series of new requirements for virtual dealer table games and a specific version of online blackjack.
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ECB Marches On With Digital Currency Plans

The European Central Bank (ECB) is drafting a new digital asset scheme rulebook as it lays the groundwork for the introduction of a digital euro.
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UK Strategy Targets Growth Via Payments And SM&CR Changes

Finance minister Rachel Reeves has unveiled reforms intended to inject momentum into the economy, promising to slash red tape and accelerate upgrades to the country’s payments infrastructure.
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