Insights

Your window into the complex world of compliance and regulations

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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Indian Gaming Mogul, Banker, Politician Detained In Thailand

Thai police have arrested 93 suspects after raiding a temporary hotel casino for tourists organised by a gambling industry influencer from India, with detainees including a bank executive and a leader of an Indian political party.
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Gambling

UK Campaigner Visits U.S. To Decry Responsible Gambling As A Ruse

In the wake of the UK’s gambling reform white paper, the chairman of Clean Up Gambling came to the United States over the weekend not to praise industry efforts on responsible gambling, but to bury them.
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Gambling

PointsBet Confirms Advanced Negotiations To Sell U.S. Business

PointsBet CEO Sam Swanell has acknowledged reports of a potential sale of the company’s U.S. business, saying that some negotiations are at an advanced stage.
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Gambling

Estonia To Hike Gambling Taxes

Estonia’s Ministry of Finance has submitted a draft law that would increase online gambling, table game and lottery tax rates.
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Gambling

Personnel Moves – May 2023

Flutter appoints an ex-cereal boss to run its board, Light & Wonder appoints a new Americas chief and Wynn chooses who will run its upcoming resort in the United Arab Emirates.
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Gambling

California Tribes, Cardrooms Support Expansion Moratorium Compromise

A bill to reinstate a moratorium on cardroom expansion in California has been amended to regain the support of the Sycuan Band of the Kumeyaay Nation, which operates one of the largest casinos near San Diego.
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Gambling

Pennsylvania Lawmakers, Gaming Industry At Odds Over Grey-Market Machines

Despite strong opposition from the gaming industry, two Pennsylvania legislators are seeking to implement one-time licensing fees, taxes and yearly operating fees as part of a plan to legalize and regulate thousands of grey-market machines, also known as skill-based games.
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Gambling

Financial Inclusion Almost Complete, Claims Argentina’s Central Bank

A new study by the Central Bank of Argentina finds that almost the entire country has a bank account or a payment account, while the bank hails record highs for electronic payments in the country.
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Payments

Week In Crypto: Give Us New Rules, Coinbase Tells SEC In Latest Lawsuit

Coinbase has filed a new lawsuit against the Securities and Exchange Commission, demanding that the regulator respond to its proposal to initiate “new rulemaking” for the crypto industry.
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Payments

How Do We Get There? UK Open Banking Experts Reflect On JROC

As the dust settles on the UK’s Joint Regulatory Oversight Committee’s recommendations, a VIXIO-hosted webinar discussed commercial models, consumer protections and other issues impacting the future of open banking.
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Payments

Daily Dash: Well, I’ll Be Scammed!

New research has revealed that over half of consumers blame themselves for instant payment scams, while the Swiss have agreed to launch a public-private partnership to tackle anti-money laundering.
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Payments

Australia To Impose Ban On Credit Cards For Online Gambling

The Australian government has announced it will ban the use of credit cards for almost all online gambling activity.
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Gambling

Churchill Downs Confirms FanDuel Online Sports-Betting Deal In Kentucky

Churchill Downs Inc. expects its racetracks and historic horseracing locations in Kentucky to benefit from the legalization of sports betting, with the CEO planning to introduce kiosks at tracks and HHR facilities, as well as the ability to offer online wagering through a deal with FanDuel, later in the year.
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Gambling

UK Report Would Cost Online Gambling, Boost Casinos, Bingo Halls

The UK government estimates that online gambling will lose revenue based on key recommendations in its white paper, but the land-based industry should make gains.
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Gambling

New Hampshire Online Casino Bill Dies, As Rhode Island Effort Begins

Online casino legislation in one New England state died this week, while a neighbor launched its own efforts to legalize internet gaming.
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Gambling

Government White Paper 'Next Steps' To Define UK Gambling

The UK is set to face a raft of consultations over the next 12 months as the government enacts the proposed changes in its gambling white paper, as all sides prepare for new waves of lobbying.
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Gambling

News In Brief: April 24-April 28, 2023

An Illinois bill requiring responsible gambling pop-ups continues its smooth progress and Brazil's proposed baseline sports-betting tax rate has increased.
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Gambling

Brussels Unveils First Set Of Designated Large Online Platforms

The European Commission has adopted its first designations under the Digital Services Act (DSA), targeting 17 very large online platforms (VLOPs) and two very large online search engines (VLOSEs).
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Payments

US Treasury Highlights Payments Firms Struggle With De-Risking

The US Treasury’s first-ever de-risking strategy names payments firms among those most impacted by the controversial practice.
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Payments

New UK Bill Takes Aim At ‘Subscription Traps’

Lawmakers in the UK are targeting firms that trap consumers into costly subscription plans, as losses from "Hotel California" deals climb to more than £1.6bn a year.
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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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