Insights Archive

May 11, 2023

Capital One Accuses Walmart Of Scrapping Credit Card Deal To Fly Solo

The US retail giant is seeking to end a deal with Capital One citing bad customer service on the bank’s side, but Capital One argues the real motive is linked to Walmart’s strategy to build its own financial super app.

May 11, 2023

Brazil Betting Operators Announce Advertising Code

An association of Brazil-facing operators has announced a new self-regulatory code for betting advertising, including a ban on any televised ads until after 9pm.

May 11, 2023

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.

May 11, 2023

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.

May 11, 2023

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.

May 11, 2023

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.

May 11, 2023

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.

May 10, 2023

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.

May 10, 2023

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.

May 10, 2023

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.

May 10, 2023

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.

May 10, 2023

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.

May 10, 2023

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.

May 10, 2023

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.

May 9, 2023

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.

May 9, 2023

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.

May 9, 2023

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.

May 9, 2023

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.

May 9, 2023

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.

May 8, 2023

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.

May 8, 2023

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.