Compliance Updates

Nominations open for the 2023 VIXIO GamblingCompliance Global Regulatory Awards

Published

2 years ago

March 1, 2023

Reading Time: 2 minutes

VIXIO GamblingCompliance is delighted to officially open nominations for the seventh annual Global Regulatory Awards. VIXIO is looking to build on the success of last year’s awards, for which a record number of nominations were received. VIXIO will introduce a new category, Outstanding Contribution to Safer Game Design, and enhance some of the most popular awards, bringing the number of categories this year to 21.

Nominations will officially close on May 26, 2023, meaning potential nominees have around three months to get their entries in. Submitting a nomination is free, quick and more accessible than ever before and is open to industry newcomers and veterans alike.

Since their launch in 2017, the independently adjudicated Global Regulatory Awards have become the biggest of their kind, recognising and celebrating those who demonstrate excellence in responsible gambling and are growing in importance as the industry moves towards a more robust culture of compliance. Winning a prestigious award is a sign of excellence and can enhance your reputation as a leader in compliance and safer gambling.

European Gaming Congress 2024 (Warsaw, Poland)

Mike Woolfrey, VIXIO CEO, said: “VIXIO is proud to provide a platform to showcase the great work within the gambling industry. We continue to be delighted by the record number of high-quality nominations we receive each year, meaning winning an award demonstrates dedication towards regulatory compliance and safer gambling. We are lucky to work with an independent panel of judges of talented industry experts, ensuring that every individual or team has an equal opportunity for recognition.”

This year’s VIXIO GamblingCompliance Global Regulatory Awards ceremony will be held on November 29, 2023, and we will be returning to the prestigious De Vere Grand Connaught Rooms in Central London, the site of the 2022 ceremony where more than 350 senior industry professionals joined VIXIO to celebrate the achievements of that year’s star-studded class of winners.

Compliance Updates

Swedish Government Proposes a New Ban on Gambling on Credit

Published

30 minutes ago

June 17, 2025

Niji Narayan

swedish-government-proposes-a-new-ban-on-gambling-on-credit

Reading Time: < 1 minute

The Swedish government has proposed a new expanded ban on gambling on credit.

By preventing gambling from being financed with credit, the government wants to reduce the risk of over-indebtedness and protect consumers from ending up in financial difficulties.

The government’s proposal means that licensees and gaming agents will not be allowed to allow or participate in the financing of gambling with credit. This means that the current credit ban will be expanded to include, among other things, that licensees and gaming agents will not be allowed to:

• Enable players to enter into credit agreements with other parties when purchasing games, for example by linking to credit providers in connection with online gaming.

• Accept gambling bets if they know that the player is financing the bet, or their gambling in general, with a credit.

• Accept credit card payments if it is immediately apparent at the time of purchase that the payment is a credit card payment. This should apply both online and in-store.

The new rules are proposed to come into force on April 1, 2026.

The post Swedish Government Proposes a New Ban on Gambling on Credit appeared first on European Gaming Industry News.

Campaign for Fairer Gambling

Crime Still Dominates U.S. Online Gambling – Legalization Increases Total Losses by 261%, Warns CFG

Published

24 hours ago

June 16, 2025

GamingAmericas.com

crime-still-dominates-us.-online-gambling-–-legalization-increases-total-losses-by-261%,-warns-cfg

The Campaign for Fairer Gambling (CFG) releases a supplement to its USA National Online Gambling Report 2024 which exposed that illegal online gambling takes 74% of total gross gambling revenue (GGR) in America. Commissioned by CFG and produced by online market intelligence platform, Yield Sec, the supplement analyzes all 50 states according to their regulatory status and shows that state legalization of online gambling – without the reduction and removal of illegal online gambling – increases total losses for American consumers by up to 261%.

The supplement groups US states into one of three regulatory realities:

• States with no legal online gambling (e.g. California, Texas)

• States with one form of legal online gambling – sports betting (e.g. New York, Florida)

• States with all forms of legal online gambling – sports betting and casino (e.g. Michigan, New Jersey).

The CFG State Supplement #1 demonstrates the effect of GGR per capita (the total marketplace value for legal and illegal online gambling divided by population) as a percentage of average income 2024 to further illustrate the burden across American consumers:

Total online GGR (Legal + Illegal) per capita as a percentage of income:

– USA National: GGR per capita is 0.62% of average income

– States with no legal online sports betting or casino (e.g. California, Texas): GGR per capita is 0.31% of average income

– States with legal online sports betting only (e.g. New York, Florida): GGR per capita is 0.77% of average income

– States with both legal online sports betting and casino (e.g. Michigan, New Jersey): GGR per capita is 1.12% of average income.

The supplement data makes clear that legalization of online gambling, without enforcement against illegal online gambling, increases the total loss and harm. When states legalize online sports betting only, GGR per capita as a percentage of income increases by 148% (from 0.31% to 0.77%). When both online sports betting and casino are legalized, it jumps by 261% (from 0.31% to 1.12%). If legalization truly replaced illegal gambling, the dominance of illegal gambling would diminish – but, the reality is that this is not a zero-sum game.

“Ohio is the alarm bell America needs to hear. Just one year after legalizing online sports betting in 2023, losses for Ohioans had already reached 1.33% of average income per capita to online gambling – the heaviest burden in the country, and more than twice the national average. Across the US, we’re not seeing illegal gambling being replaced, we’re simply seeing total consumer losses grow. In states with full legalization, losses are now 261% higher than where there’s no legal online gambling at all. This isn’t progress, it’s escalation,” states Derek Webb, Founder of CFG.

Ismail Vali, founder and CEO of Yield Sec, added: “Yield Sec surveillance shows that the legal industry is being undermined at every turn by criminal competitors who offer greater value, bigger bonuses, and lower barriers, since they pay no tax, no licensing and exploit all forms of regulation in the absence of sincere monitoring, policing and enforcement against them.

“It is a vicious cycle: failing to deal with crime causes loss from theft. Across the country, legalization without enforcement against illegal operators, only gives criminals another edge. The outcome is predictable: legal revenue collapses, tax income shrinks, and criminals walk away with hundreds of millions. If states want to make the money they should, enforcement against crime must come first and always – to reduce and remove illegal gambling’s appeal and availability.”

The post Crime Still Dominates U.S. Online Gambling – Legalization Increases Total Losses by 261%, Warns CFG appeared first on Gaming and Gambling Industry in the Americas.

Compliance Updates

DraftKings to Introduce Transaction Fee in Illinois

Published

1 day ago

June 16, 2025

Niji Narayan

draftkings-to-introduce-transaction-fee-in-illinois

Reading Time: < 1 minute

In response to the recent and prior sports wagering tax increases passed by the Illinois state legislature on all mobile and online sports wagers placed with licensed operators, DraftKings Inc. announced that it will implement a 50-cent transaction fee on all mobile and online bets placed in Illinois through DraftKings Sportsbook, effective September 1, 2025.

“Illinois has been an important part of our growth, and we’re proud to have contributed meaningfully to the state through tax revenue, job creation, and a sustained investment in responsible gaming tools and resources. We are disappointed that Illinois policymakers have chosen to more than triple our tax rate over the past two years, and we are very concerned about what this will do to the legal, regulated industry. Meanwhile, Illinois continues to fuel the rapidly growing illegal industry, which pays no taxes or fees and provides none of the consumer protections that regulated operators offer,” said Jason Robins, Chief Executive Officer and Co-Founder of DraftKings.

The post DraftKings to Introduce Transaction Fee in Illinois appeared first on European Gaming Industry News.