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Archived Insights

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Our industry experts regularly spend time with Members of Parliament, the 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.

Year
Month
Gambling
Payments
Jurisdiction
May 2, 2023

Estonia To Hike Gambling Taxes

Estonia鈥檚 Ministry of Finance has submitted a draft law that would increase online gambling, table game and lottery tax rates.
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May 2, 2023

Personnel Moves 鈥 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.
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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.
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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.
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April 28, 2023

Financial Inclusion Almost Complete, Claims Argentina鈥檚 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.
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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 鈥渘ew rulemaking鈥 for the crypto industry.
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April 28, 2023

How Do We Get There? UK Open Banking Experts Reflect On JROC

As the dust settles on the UK鈥檚 Joint Regulatory Oversight Committee鈥檚 recommendations, a VIXIO-hosted webinar discussed commercial models, consumer protections and other issues impacting the future of open banking.
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April 28, 2023

Daily Dash: Well, I鈥檒l 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.
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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.
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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.
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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.
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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.
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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.
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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.
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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).
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April 27, 2023

US Treasury Highlights Payments Firms Struggle With De-Risking

The US Treasury鈥檚 first-ever de-risking strategy names payments firms among those most impacted by the controversial practice.
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April 27, 2023

New UK Bill Takes Aim At 鈥楽ubscription Traps鈥

Lawmakers in the UK are targeting firms that trap consumers into costly subscription plans, as losses from "Hotel California" deals climb to more than 拢1.6bn a year.
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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.
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April 27, 2023

Bet365 Operators Fined 鈧7m In Sweden Over Duty Of Care

Bet365鈥檚 Hillside gaming and sports-betting units have been assessed a total of 79m Swedish krona (鈧6.95m) by the Swedish Gambling Authority for failures in duty of care for players, with violations including not responding quickly enough to problematic gambling.
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April 27, 2023

UK White Paper Sets Restrictions But Lacks Detail

The new UK white paper gambling reform document sets out restrictive proposals, but leaves details on key issues such as stakes limits and a mandatory levy out for consultations.
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April 27, 2023

U.S. Sports-Betting Operators Saved $170m In Taxes On Promotional Play in 2022

Key states that permit deductions of bonuses and promotions from taxable sports wagering revenue missed out on more than $170m in tax revenue in 2022, as different markets continue to take varied approaches to tax deductions.
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