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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Impact Index January 2023

For the new year, VIXIO has revamped and rebased its monthly impact index series to take into account significant growth in our jurisdictional coverage and provide a concise overview of the global regulatory landscape.
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Payments

Instant Payments, Digital Euro Set To Dominate EU Regulatory Agenda

Experts believe that the proposal to amend the SEPA regulation to promote instant payments and put in place a legislative framework for a digital euro are likely to take priority as the EU’s political institutions get to their final stretch of the current parliament.
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Payments

Texas Racetracks Take Reins For Casino Expansion

The latest major proposal to legalize casino-resorts in Texas was introduced in the state’s House of Representatives on Friday after being expanded to include a central role for incumbent racetracks.
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Gambling

Virginia Senate Restores Sports-Betting Promotional Credits

A proposal to allow mobile sports-betting operators to resume deductions of promotional wagers in Virginia has been approved by the state's Senate, while a companion measure in the House of Delegates was put aside for consideration until a future date.
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Gambling

Dutch Regulator Prepares Offshore Sanctions Blitz

The Netherlands Gambling Authority (KSA) is preparing to slap more than €25m ($27m) in fines on black market operators, as its chief executive warned licence holders to get up to speed on data sharing requirements or lose their licences.
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Gambling

Brazil's Betting Market Continues To Grow Without Regulation

Experts on Latin American gaming are divided over when a regulatory framework for sports betting might be implemented in Brazil, with one operator warning that over-confidence could mislead investors and damage the industry’s reputation.
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Gambling

German Court Deems Lottoland Website Blocking Unlawful

A German appeals court has struck down an “obviously illegal” order by the federal gambling regulator to block internet access to Lottoland websites.
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Gambling

EU Payments Groups Demand Access To Payment Systems

Payments and electronic money institutions should be able to access payments infrastructure in Europe, a joint letter to commissioner Mairead McGuinness says, as firms push for an amendment to the Settlement Finality Directive.
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Payments

Week In Crypto: Celsius Declared ‘Insolvent Since Inception’

A final report into the Celsius bankruptcy finds that the collapsed crypto lender was never solvent, and a judge rules that the public should know who bailed Sam Bankman-Fried out of jail. Meanwhile, a Korean crypto executive is arrested on fraud and embezzlement charges.
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Payments

SEC Commissioner Raises Alarm Against Inflated Unicorn Valuations

Caroline Crenshaw, a commissioner at the US Securities and Exchange Commission (SEC), has warned that inflated valuations of the once-mythical unicorns are, in part, the result of a regulatory gap and she proposes to fix it.
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Payments

Daily Dash: Spain Comes Out Above Average For Instant Payments

Spain’s Iberpay reveals strong results for instant payments, PayPal cuts thousands of jobs, and contactless payment rules get relaxed in Bangladesh.
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Payments

Online Gaming Supporters Make Case For Legalization In New York

While conversations about three available downstate casino licenses and reducing the sports-betting tax rate are more prominent in New York, supporters of online casino gaming are laying the groundwork to ultimately bring the activity to the Empire State.
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Gambling

California Cardroom Moratorium Bill Introduced

A new bill introduced in the California Assembly to reinstate a moratorium on cardroom expansion has garnered support from tribal gaming operators and key lawmakers, but the cardroom industry has yet to take a position publicly on the measure.
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Gambling

French Regulator May Seek More Powers Over Gambling Ads

France’s National Gambling Authority has said it is considering seeking new powers to more closely supervise the gambling marketing, especially on social media.
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Gambling

Bombshell Kenya Rulings Remove Excise Tax, Nairobi Restrictions

Kenya’s High Court will force the removal of a controversial 7.5 percent excise duty tax on gambling activities and has declared the capital Nairobi's gambling law void in two landmark decisions delivered on the same day.
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Gambling

News In Brief: January 30-February 3, 2023

A Dutch illegal online casino owes tens of millions to the state, a sports-betting bill makes unprecedented progress in Missouri and Aruze moves to restructure its US business.
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Gambling

’Lack Of Vision’ Holding Back Open Banking

Charlotte Crosswell sets out her recommendations for how the UK should move forward on open banking after stepping down as trustee of Open Banking Limited and chair of the Open Banking Implementation Entity.
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Payments

UK Treasury Seeks Comment On Proposed Framework For Crypto-Asset Regulation

HM Treasury has published a new consultation paper that sets out the UK government’s proposals for crypto-asset regulation and has asked for feedback from industry by the end of April.
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Payments

North Carolina Tribal Casino's Plight Could Impact U.S. Presidential Race

A South Carolina tribe that owns a casino in North Carolina is appealing a “Notice of Violation” issued by the federal agency regulating Indian gaming, and the dispute might spill over into the 2024 U.S. presidential campaign.
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Gambling

India Budget Introduces Online Game Tax, Delighting Industry

New provisions in India’s budget for 2023 have brought online gaming in from the cold, codifying tax rates for winnings from online and offline games and streamlining their collection.
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Gambling
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Romanian Government Eyes Legislation To Decentralise Gambling Licensing

Romanian Prime Minister Ilie Bolojan has announced that his government plans to propose a draft legislation that will enable municipal authorities to decide on licences for local gambling outlets.
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FCA’s Guardrails For BNPL Aim To Bring Consumer Duty Requirements To The Space

Buy now, pay later (BNPL) users are set to gain new protections under proposals published today by the UK’s Financial Conduct Authority (FCA), which has set a compliance deadline of July 2026.
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UK Industry Wrangles With Rapidly Approaching Cross-Sell Ban

When 2025 draws to a close so will the era of lucrative cross-selling promotions in the UK, with operators and affiliates facing the tall task of adapting successfully to another major shift in marketing compliance.
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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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