Insights

The Maltese Financial Intelligence Analysis Unit has issued a financial penalty to the UK-headquartered bank for failing to comply with money laundering laws.

Massachusetts regulators have deferred a potential vote on granting a sports-betting license to Penn Entertainment’s Plainridge Park Casino, citing concerns about the company’s Barstool Sports brand.

A state court judge has declined to dismiss a lawsuit claiming Virginia’s 2021 ban on so-called skill-game machines violates free speech, and due to a state senator’s involvement in the case, it will not go to trial until April or May.

Australian money laundering watchdog AUSTRAC has taken the Adelaide casino operation of Australasian listco SkyCity Entertainment Group to court in a potentially billion-dollar civil proceeding, the latest in a flurry of AUSTRAC actions against gambling companies.

The Dutch minister overseeing gambling policy has told parliament he intends to tighten rules surrounding addiction prevention, as well as further limit advertising.

Negotiators from the European Council and the European Parliament have reached a provisional agreement on the Consumer Credit Directive. The revised legislation repeals and replaces the current 2008 directive on consumer credit agreements.

With backing from the UN, the UK government and the Bill & Melinda Gates Foundation, Queen Máxima and colleagues are fashioning a global network for regulatory expertise through the University of Cambridge.

This regulatory analysis will focus on customer due diligence (CDD) timing triggers and is the first of a series that will compare the licensing regimes of e-money operators and banks. It will first lay out the role that e-money plays in three very different jurisdictions: Singapore; the United Kingdom; and the Philippines. It will then examine the CDD trigger requirements for e-money providers in each of these jurisdictions in comparison to the equivalent regulation that applies to banks.

Flying in the face of global trends, Italy’s new Prime Minister Giorgia Meloni wants to raise the limits on cash payments and support merchants to refuse cards for purchases below €60.

A group of Dutch gamblers have filed a lawsuit demanding their losses back from the online platforms they used to place their wagers during the country’s grey market era.

As the investigation continues into the recent cyberattack that affected an unconfirmed number of accounts with major U.S. sportsbook operators, including FanDuel and DraftKings, state gaming regulators are placing a greater emphasis on two-factor authentication and consumer protection, although the responsibility to secure accounts lies with the licensee.

India’s central government appears to have embraced skill and chance games with stakes as a single regulatable segment, after the Prime Minister’s office overruled an expert committee’s proposal to regulate only skill games, Reuters has reported.

The National Football League (NFL) has taken another significant step in its embrace of legalized sports betting, reaching its first domestic agreement to allow a sportsbook to stream live NFL games within its platform.

Singapore’s top central banker has fielded parliamentary questions on the country’s buy now, pay later (BNPL) regulations, in an effort to assure lawmakers that users are protected from data risks and over-indebtedness.

A new study by UK consumer watchdog Which? has found that some banks are leaving customers vulnerable to "spoofing" fraud by failing to implement protections.

Mandating dual routing is one of the many tools regulators have as they try to keep card acceptance costs at bay. With several countries pushing for dual routing, one merchant advisory firm tells VIXIO the merits of this regulatory method compared with capping interchange fees.

The Alderney Gambling Control Commission has named veteran gambling journalist, policy researcher and VIXIO GamblingCompliance co-founder Andrew Gellatly as executive director, signalling an acceleration in pandemic-era global engagement.

Lawmakers in Missouri have begun filing bills ahead of the 2023 legislative session, with two sports-betting bills among the hundreds expected to be introduced by members of both chambers of the state legislature.

Ireland’s justice minister, Helen McEntee, has published the country's long-awaited Gambling Regulation Bill 2022, 66 years after its current primary gambling law was introduced.

A spate of mergers and acquisitions among Italian-facing operators has shaken up Europe’s second-largest online market, leading to a more heavily concentrated market share picture at the corporate level.