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FRC orders Kenya casinos and online betting firms to register by 15 September

Regulation

Kenya’s Financial Reporting Centre (FRC) directed casinos and online betting companies to register with it, according to a notice from Director General Saitoti Maika. The institutions had until 15 September to comply; the FRC said non-compliance could lead to administrative or civil penalties and requests to suspend or revoke licences, registrations or permissions.

Operators must register with the FRC by the stated deadline to avoid enforcement action that could affect their authorisations.

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Brazilian Congress president extends betting ban measure by 60 days

Brazil’s Congress president, Davi Alcolumbre, extended the provisional measure prohibiting fixed-odds betting for a further 60 days, with the decision published on 11 November. The extension gives lawmakers until February to consider the measure, which would end betting authorisations, block websites and apps, and return user balances; the government estimates the ban would reduce revenue by BRL12bn.

Brazil’s provisional ban on fixed-odds betting has been extended by another 60 days by Congress president Davi Alcolumbre. The decision appeared in the federal official gazette on Wednesday 11.

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