Apple began allowing fixed-odds betting apps on Brazil’s App Store on 8 May, according to a media report. Operators must hold a valid licence from the Ministry of Finance’s Secretariat of Prizes and Betting and submit licence details and supporting documents for app review. Gambling apps must carry an 18+ rating in Brazil.
Operators need Brazilian licensing, supporting documents and an 18+ rating to pursue App Store distribution.
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Stock-linked contracts offered by Polymarket and Kalshi face scrutiny over whether the CFTC or SEC should oversee them, citing Reuters coverage carried by Moneycontrol on 28 September. Legal and policy experts warned that growth in these markets could affect underlying share trading and complicate enforcement against misconduct.
A Reuters report carried by Moneycontrol on Sept. 28 says stock-linked prediction markets run by Polymarket and Kalshi are attracting fresh attention, and it leaves open whether the CFTC or the SEC ought to serve as their main supervisor. Such contracts allow bets on share price movements, company figures and corporate events. According to legal and policy specialists who spoke to Reuters, if the sector keeps expanding it may in time influence how the underlying shares trade and make it harder for regulators to detect and pursue wrongdoing.
The Court of Justice of São Paulo ordered Apple to strengthen App Store age controls in Brazil to prevent minors from downloading certain casino-mechanics apps and making in-app purchases. The urgent order initially covers Casino Roulette: Roulettist; Apple has five days to block downloads by users identified as minors and must introduce age verification before virtual chips can be bought with real money. The case followed a July lawsuit by four organisations representing children’s and adolescents’ rights.
Connecticut's Department of Consumer Protection issued cease-and-desist orders to nine prediction-market operators this week. The orders require platforms to halt sports event contracts and other alleged unlicensed online gambling and permit customer withdrawals. Investigators also issued nearly 30 subpoenas; recipients are not necessarily under investigation.
A plaintiff alleges Apple is withholding information needed to administer a proposed High 5 Games settlement in Washington, citing Law360's account of a court filing. The plaintiff says the delay affects notification of class members and damages calculations in litigation over allegedly illegal casino-style mobile apps.
Reportedly, Brazil’s Ministry of Justice and Public Security contacted Apple and Google again over unauthorised betting apps. The ministry acted because those apps remained available on their download platforms.