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Paraguay advances online-gambling regulatory framework

Regulation

A report says Paraguay has pursued reforms to its online-gambling and sports-betting rules and strengthened bodies responsible for sector oversight. It describes the changes as intended to clarify rules and improve supervision, while also noting their relevance to Chile’s ongoing debate over online betting regulation.

Reported reforms and stronger oversight could clarify Paraguay’s online gambling rules for operators and investors.

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Regulation

Gibraltar plans standalone prediction markets regulatory framework

Gibraltar is developing a separate regulatory framework for prediction markets, with oversight assigned to a dedicated authority, according to the report. ADI Predictstreet holds a licence under an existing betting intermediary framework, while Wire Markets has approval in principle; both are expected to move to the new licence after legislation is introduced.

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