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Thailand cabinet backs report on casino regulation

Regulation

Thailand’s cabinet backed a special House committee report on casino regulation, according to the report. The source says casino development could take until 2029 at the earliest and that any casino bids would require regulatory approval.

The report-backed step advances discussion of a potential regulated casino market, while approval and timing remain unresolved.

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Regulation

Brazil’s finance minister backs betting regulation amid calls for a ban

Reportedly, Brazil’s finance minister supported regulating betting and strengthening controls. The minister stopped short of backing a gambling ban as calls for prohibition increased.

Dario Durigan, Brazil's finance minister, came out in support of regulating betting and tightening oversight of the industry, though he avoided endorsing a ban on gambling. According to him, public accounts do not rely on betting revenue to stay balanced. The rules, he added, have long been consolidated and were never meant to generate income.

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