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New Report Highlights Potential Impact of Increased Tax and Regulation on UK Betting and Gaming Market
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European countries with higher tax and regulation of their betting and gaming markets are more likely to see increased black market activity, according to a report produced by PwC and published by the BGC.
The study, Impact of the taxation and regulatory environment on European online betting and gaming markets, draws clear links between restrictive policy regimes across Europe and black-market growth.
Countries such as France (57% black market), Sweden (35%) and the Netherlands (37%) have seen large proportions of their gambling markets move offshore.
By contrast, Spain and Denmark, where tax rates are moderate and licensing systems open, maintain higher levels of onshore participation â with only around 11% of gambling taking place outside the regulated sector.
The report reveals that around 5% of all online betting and gaming in the UK now takes place on unlicensed black-market websites. This is equivalent to hundreds of millions of pounds in untaxed, unregulated activity and marks a sharp rise from a previous estimate in 2021, when the black market was thought to account for only 3.3% of total spend.
The report concludes that higher effective tax rates and tighter rules consistently lead to smaller regulated markets, while jurisdictions that liberalise and maintain balanced taxation enjoy stronger growth.
The findings also challenge the assumption that higher gambling duties increase public revenues. Between 2019 and 2024, countries with tax rates below 25% of gross gaming revenue saw annual growth in tax receipts of 13%, compared to 9% in higher-tax jurisdictions.
Operators facing steeper duties typically cut back on marketing and promotions, the analysis found, making licensed platforms less competitive.
The report shows how operators respond to higher regulatory and tax environments by adjusting gross win pricing, reducing bonuses and reducing spending. This makes the player proposition less attractive.
The findings come as the Treasury prepares its Autumn Budget and reportedly considers potential changes to remote betting and gaming duties.
While Britain remains among the worldâs safest and most highly regulated gambling markets, the report demonstrates the potential impact of increasing taxes.
Grainne Hurst, CEO of the Betting and Gaming Council, said: âBritain has one of the safest gambling markets in Europe but if the Treasury isnât careful, we could quickly end up like France or Sweden, with huge black markets contributing nothing in tax, offering zero player protection, and providing no funding for sport or the economy.
âWell-balanced regulation and fair taxes protect players, raise more revenue for the Treasury, and support thousands of jobs. Unlicensed operators do none of those things.â
The post New Report Highlights Potential Impact of Increased Tax and Regulation on UK Betting and Gaming Market appeared first on European Gaming Industry News.
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Vixio Strengthens Trust and Innovation with ISO 27001 Certification and Next-Generation Workspace Platform
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Vixio, a leading provider of regulatory intelligence and change management solutions, today announced two major milestones: achieving ISO 27001 certification for information security management and launching the latest evolution of Vixio Workspace, the companyâs AI-enabled workspace to help compliance teams simplify compliance processes.
Together, these developments demonstrate Vixioâs continued commitment to helping compliance professionals operate with confidence, efficiency, and trust in an increasingly complex regulatory environment.
Stephen Lovell, Chief Product Officer for Vixio, said:Â âOur clients rely on Vixio to deliver accurate, timely and trusted regulatory intelligence. Achieving ISO 27001 certification and launching our enhanced Workspace platform reflect twin priorities: protecting sensitive information to the highest international standard, and equipping compliance teams with powerful, intelligent tools that simplify regulatory complexity. Weâre turning our tried-and-true horizon scanning into simpler horizon planning capabilities.â
ISO 27001 Certification: Reinforcing Trust and Data Security
ISO 27001 is the globally recognised standard for information security management systems (ISMS), awarded to organisations that meet rigorous criteria for managing and mitigating data risks. The certification covers Vixioâs operations, systems and processes used to deliver its intelligence platforms and client services, ensuring robust controls are in place to protect sensitive information.
This milestone follows a series of investments by Vixio to enhance its infrastructure, data governance, and security frameworks, ensuring clients continue to benefit from reliable, secure and industry-leading regulatory intelligence solutions.
Vixio Workspace: Powering Compliance with Intelligence and Automation
Vixio Workspace, launched in 2025, is an AI-enabled, centralised, collaborative workspace that connects compliance and business strategy, enabling teams to integrate regulatory insight with workflow execution, create a fully auditable trail, and streamline both compliance and go-to-market processes. Since its launch, client feedback and growing market demand to simplify compliance processes have fuelled the next phase of its evolution.
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âWe designed Vixio Workspace to bring order to complexity and replace the old-fashioned spreadsheet systems,â added Lovell. âBy combining Vixioâs trusted intelligence with secure, evidence-based automation, weâre empowering compliance teams to make faster, more confident decisions.â
Vixio has now expanded the tool with new features to help compliance teams manage regulatory change in one place:Â
- Triage Tool (âSmart Inboxâ):Â Available now, the Triage Tool (smart inbox) filters thousands of updates to the few that truly affect users, based on their watchlists, regions, and compliance focus. Using machine learning, it surfaces priority regulatory changes unique to each user.Â
- Vixio API:Â Also available now is a Vixio API, which allows clients to seamlessly connect Vixioâs regulatory intelligence and triage workflow into their own internal tools, dashboards, or compliance systems. This is in addition to Vixio Workspaceâs plug-and-play deployment, which is designed for teams who prefer a fast, low-effort set up rather than custom integrations.
- Requirements Extraction:Â Finally, coming soon, Vixio Workspace will feature a Requirements Extraction tool that allows users to search, snippet, and save passages directly from regulatory sources and documents to build precise compliance evidence.
These enhancements give compliance professionals a centralised, intelligent platform that saves time, reduces regulatory risk, and adapts as regulations and business priorities evolve.
âMy initial reaction to the new Vixio Workspace tool is that I loved it. I think it will solve so many problems for compliance managers and compliance teams, having that single source of truth, having that workflow tool all built into one,â said Anoushka Thompson, Governance, Risk & Compliance Executive.
For these innovations and more, Vixio was recently recognised as a Compliance Solution of the Year at the 2025 International Business Awards and Best RegTech Platform at the FinTech Breakthrough Awards, both awards received for the second consecutive year. These accolades reflect the companyâs continued leadership in delivering secure, intelligent, and transformative regulatory technology solutions to its global client base.
The post Vixio Strengthens Trust and Innovation with ISO 27001 Certification and Next-Generation Workspace Platform appeared first on European Gaming Industry News.
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The post Evolution launches Red Baron, a strategic crash game with soaring multipliers appeared first on European Gaming Industry News.
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The post SiGMA Rome Wrapped: ELA Games Takes the Stage to Share Key Insights appeared first on European Gaming Industry News.
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