SectorWire
SearchGet the daily briefing
Menu

Ethiopian Lottery Service warns of betting-prize scams amid shutdown

Enforcement & compliance

The Ethiopian Lottery Service warned the public about fraudulent messages claiming recipients had won sports betting or lottery prizes. It said the betting sector remains legally shut down and that it has no affiliation with sports betting operations; scammers reportedly seek upfront payments or personal and banking information.

The notice clarifies that no sports betting platform is legally authorised to operate in Ethiopia, according to the Service.

Request a correction

Keep reading

Enforcement & compliance

French police investigate reported Polymarket bets on Ballon d’Or

French police are reportedly investigating suspicious bets on Polymarket linked to the latest Ballon d’Or. Twelve accounts allegedly staked over 264m euro on the order of the first five finishers, with a reported profit of almost 200m dollars. France Football contacted police after receiving a warning before the final rankings were announced.

French police are reportedly investigating suspicious bets on Polymarket linked to the latest Ballon d’Or, placed from twelve accounts. The accounts were allegedly created by the same person between 1 and 20 October, just three days after the jury closed voting.

Continue reading