Insights Archive

May 2, 2023

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.

May 2, 2023

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.

May 2, 2023

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.

May 2, 2023

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.

May 2, 2023

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.

May 1, 2023

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.

May 1, 2023

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.

April 28, 2023

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.

April 28, 2023

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.

April 28, 2023

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.

April 28, 2023

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.

April 28, 2023

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.

April 28, 2023

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.

April 28, 2023

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.

April 28, 2023

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.

April 28, 2023

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.

April 28, 2023

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.

April 27, 2023

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).

April 27, 2023

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.

April 27, 2023

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.

April 27, 2023

UK Lawmakers Demand Urgency On White Paper Changes

UK lawmakers are demanding that the government urgently implement changes in the Gambling Act review White Paper, which has been broadly welcomed by industry campaigners.