SBC News Voice of the Sports Betting Industry
VIXIO Regulatory Intelligence has launched its ‘VIXIO Data Hub’ after projecting strong revenue growth across multiple regulated betting and gaming markets in 2023.
The new hub offers three core use cases to support operators’ due diligence, strategy and development goals, as well as investors and advisors. Firms can consult the portal for updates on any changes in regulatory parameters to improve accuracy of business forecasting.
The regulatory information services firm, based in London, explained the rationale for its new hub as being due to the need for the industry to have a centralised access point for reliable data. The firm projects that online GGR in Europe and the Americas will exceed $50bn by 2026, further underpinning the need for such a service.
Roseanne Spagnuolo, VIXIO Chief Content Officer, said: “In an era of expanding regulations and the pursuit of new opportunities, industry executives and advisors require access to the broadest range of verifiable data and accurate, transparent forecasts to ensure their business plans are aligned with regulatory and market realities.”
The hub is geared towards senior executives, investors and advisors and aims to validate internal assumptions, quantify the size of new business opportunities and assist with preparations for future market growth in three main areas.
Firstly, VIXIO intends to provide global coverage of verifiable market data using more than 400 data sets and four million data points, offering verifiable data from regulated markets and publicly traded companies and real-time updates.
The company’s hub also features forecasting dashboards enabling generation of market forecasts in key gaming sectors baked on growth strategies and regulatory assumptions, updated according to legislative and marketing developments.
Lastly, VIXIO hopes to provide operators with ‘industry-leading analysis’ via its ‘expert team. This will assist operators with identifying market trends before competitors and expand understanding of the global gambling landscape, including new verticals and jurisdictions.
With the Brazilian market due for long-anticipated regulation this year and regulatory developments occurring across Europe – in the likes of the UK, Netherlands, Belgium and Ireland, to name a few examples – VIXIO aims to provide a platform for operators to keep track of said changes.
The launch of its Data Hub follows its Market Assessment Tool (MAT), which went live in April 2023 as a platform to provide an overview of 140 global jurisdictions.
Spagnuolo added: “Data Hub provides a 360-degree view of the global gambling industry, simplifying the due diligence process and empowering clients to swiftly and easily develop their growth strategies.”
