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Loterj terminates RioPag contract and seeks R$9.4m in charges

Enforcement & compliance

Rio de Janeiro’s state lottery, Loterj, unilaterally terminated its payment-services contract with RioPag, signed on 22 September and published the following day. Loterj is seeking R$9.4 million, including a R$4.8 million contractual fine and more than R$2.1 million in financial gains it says RioPag obtained from retained public funds; RioPag has two working days to complete the transition.

RioPag’s termination and short transition deadline require affected betting houses to prepare for a payment-services change.

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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.

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