Insights Archive

December 8, 2023

Malta Flags Concerns With Ireland's Gambling Bill

Malta has submitted two separate notifications to the European Commission flagging what it considers to be a host of regulatory barriers that may be a “cause for concern” in Ireland’s Gambling Regulation Bill 2022.

December 8, 2023

Daily Dash: US Regulator Sounds Alarm Over BNPL

A US regulator has provided new guidance for payment service providers (PSPs) who offer buy now, pay later (BNPL) loans, while the Singaporean watchdog has published a new consultation on its new information sharing platform.

December 8, 2023

Week In Crypto: New Binance CEO Unable To Locate Global HQ

A debut interview from Binance’s new CEO leaves more questions than answers, Coinbase continues to flatter UK regulators, and Colombia’s new President courts Bitcoin lobbyists.

December 7, 2023

Brazil Postpones Senate Vote Again, Amid iGaming Opposition

Brazil’s Senate has again postponed voting on the sports betting and online gaming bill, raising questions if the bill will be signed by President Luiz Inácio Lula da Silva before the holiday recess that begins on December 22.

December 7, 2023

UK Prosecutors Order Entain To Leave Latin American Markets

The Crown Prosecution Service has ordered Entain to leave Mexico, Brazil, Chile and Peru within a year or lose the protections of its £600m deferred UK prosecution agreement, but the gambling giant retains some wiggle room.

December 7, 2023

Daily Dash: Elon Musk Welcomes New Money Transmitter Licences At X

X has announced that it now holds payment licences in ten US states, transfer service RationalFX has entered special administration, and two Australian regulators have agreed to closer ties on enforcement and information sharing.

December 7, 2023

MEPs Propose Fraud Liability Amendments For PSR

Members of the European Parliament (MEPs) have made amendments to the Payment Services Regulation (PSR), which focus strongly on fraud liability.

December 7, 2023

Australia Bans Credit, Digital Currencies For Most Online Gambling

The Australian parliament has passed a bill that will ban the use of credit cards and digital currencies for gambling, while an exemption for lotteries has raised hackles among activists and at the corporate bookmaker lobby.

December 6, 2023

New York Commission Adopts Revised Lottery Courier Rules

New York regulators adopted new rules this week that may hamper lottery couriers in allowing players to automatically make deposits.

December 6, 2023

California Modifies Cardroom Surveillance Regulations

As California gaming regulators signed off on modifications to surveillance regulations for cardrooms, some in the industry argue the changes are heavier handed than jurisdictions that offer house-banked table games.

December 6, 2023

Georgia Gambling Tax Hikes Draft Sparks Industry Concerns

Georgian land-based operators fear that an incoming tax hike for both them and online operators will disproportionately hurt their businesses.

December 6, 2023

Daily Dash: BNP Paribas Set To Launch Request To Pay Solution

BNP Paribas has invested in a new SEPA Request to Pay solution, central banks in India and the UK have agreed to cooperate on clearing activities, and Curve has launched a wearable payments technology campaign.

December 6, 2023

MEPs Publish Amendments To PSD3 Text

Members of the European Parliament’s (MEPs) amendments to the Payment Services Directive (PSD3) have been made publicly available as political groupings in the Parliament prepare to make compromises.

December 6, 2023

'Plagiarism Is Flattery' - EU Thanks New York For Inspiration On MiCA

As the EU’s Markets in Crypto-Assets (MiCA) regulation prepares to come into effect in 2024, a key architect of the legislation has thanked New York for providing inspiration.

December 6, 2023

Top Philippine Economic Agency Joins Calls For Full POGO Ban

Philippine institutional ire toward foreign-facing online gambling operators (POGOs) continues to grow, with the nation’s top economic development agency now backing a ban on the sector as finance officials clamour for prohibition.

December 6, 2023

European Trade Group Urges France To Legalise Online Casino

The European Gaming and Betting Association is calling for the French government to legalise online casino, following the French regulator’s survey which suggests that the illegal online gambling market might be half the size of the legal one.

December 5, 2023

Top Gaming Execs Remain Bullish On U.S. iGaming Prospects

Chief executives of major operators remain optimistic that despite a multi-year lull in U.S. online casino legalization, movement could be coming in 2024.

December 5, 2023

Sale Of Dallas Mavericks Not Expected To Lessen Opposition To Texas Casinos

Mark Cuban’s decision to sell a majority stake in the Dallas Mavericks to Miriam Adelson, the largest shareholder in Las Vegas Sands, is not expected to materially strengthen the hand of supporters of legalizing casinos and sports betting in Texas.

December 5, 2023

Latin American Gambling Markets Face Pivotal Elections In 2024

After local observers blamed Mexico's recent decree banning slot machines and other casino games on electoral politics, Vixio GamblingCompliance takes a look at what other elections might mean for the future of gambling policy in Latin America.

December 5, 2023

Daily Dash: Thailand, Hong Kong Instant Payments Tie-Up Goes Live

A new cross-border payments linkage has gone live in Southeast Asia, the Netherlands has published new standards for assessing politically exposed persons (PEPs), and Westpac has restored its systems after a one-day outage.

December 5, 2023

UK Government Adds API Standards Clause To Data Protection Bill

A new clause that has been added to the Data Protection and Digital Information bill looks promising for open banking standards in the UK.