Brazil sets CBS rules for betting and lottery operators
Operators need to account for the decree’s tax-base rules and the reported planned increases in betting tax rates.
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Reports
Bangladesh government plans nationwide action against illegal gambling
Operators face a stated prospect of coordinated enforcement against illegal gambling and related activity across Bangladesh.
Lula announces year-long betting platform block for debt programme participants
Betting platforms will need to block programme participants from accessing their services for one year.
Appointment
Crown Resorts appoints Ken Janssen as Crown Sydney CEO pending approval
Crown Sydney’s leadership change remains subject to regulatory approval and affects the resort’s management transition.
Russian finance ministry proposes 30% tax on online casino profits
The proposal could establish a tax and regulatory framework for online casino operators in Russia.
NBA urges CFTC to require integrity controls for sports-event contracts
The NBA’s proposals could shape CFTC rules governing sports-related contracts on designated markets.
NBA urges CFTC to tighten prediction-market rules for sports contracts
The NBA’s proposals could shape federal rules for prediction-market operators offering sports event contracts.
UK Gambling Commission expects council gambling assessment powers to become law
The proposed assessments could give English councils a new basis for refusing gambling venue licence applications.
KSA rejects Nedcoin companies’ request for repayment of supervision costs
The decision denies the companies’ cost-recovery request while their new arcade licence applications remain pending.
CFTC consultation draws prediction-market recommendations
The recommendations may inform the CFTC’s approach to a regulatory framework for prediction markets.
Brazil plans six-month betting restriction for debt renegotiation participants
Operators may need to modify their systems to block registrations by users in debt renegotiation programmes.
Licence
Illinois Gaming Board renews Hard Rock Casino Rockford owner’s licence for four years
The renewal allows the casino’s owner to continue operating under a four-year licence extension.
seed
XO Market raises $6 million in seed funding for user-created prediction markets
The funding supports a prediction-market platform whose user-created markets could broaden the events available to traders.
Rio Grande do Sul enacts gambling advertising restrictions under Law 16,508
Operators advertising in Rio Grande do Sul must meet new warning, audience and placement requirements.
US Senate bars members and staff from prediction-market betting
The rule restricts prediction-market betting by senators and Senate staff, including people with access to sensitive information.
South Korea commission reports illegal gambling market worth 96 trillion won
The reported market estimate and youth-case figures inform regulatory efforts to address illegal gambling in South Korea.
FBI charges 22 people in alleged Indiana illegal sports-betting network
The case puts operators and businesses accused of facilitating illegal sports betting at risk of criminal prosecution.
Prediction-market users report gambling relapses as regulatory dispute continues
The accounts raise responsible-gambling concerns as regulators and courts consider how prediction markets should be overseen.
GRAI signs gambling-regulation cooperation agreement with Alderney commission
The agreement establishes a regulatory cooperation framework as Ireland prepares to begin issuing gambling licences.
Appointment
Hacksaw appoints Ana Vrabic Verdir interim CEO after removing Christoffer Källberg
The leadership change puts an interim chief executive in place while Hacksaw searches for a permanent successor.
Brazil sets CBS rules for betting and lottery activities
The GGR tax base and scheduled rate increases help operators and lottery providers assess Brazil’s future tax exposure.
FIT says AGCOM influencer rules cover gambling advertising
Influencers and content creators must account for gambling advertising rules under Italy’s clarified code.
Gambling Commission outlines UK tax rises and regulatory priorities
The tax changes affect operators’ costs, while the Commission plans to expand enforcement against illegal gambling.
Serie A president challenges Italy’s gambling advertising ban in parliamentary hearing
The exchange raises claims about how Italy’s gambling advertising restrictions apply to football sponsorship and branding.
Appointment
Brazil’s SPA-MF appoints Carlos Renato Xavier de Resende as monitoring subsecretary
The appointment changes senior oversight leadership at Brazil’s gambling authority.