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Gambling News - 'Regulation'
Industry
January 21, 2025
SPA Head Warns Selective Tax Could Be of Bad Omen in Brazil
At the start of the year, Brazil’s government announced a series of decisive measures and fresh gambling rules that would regulate the gambling sector and put an end to black market operations. As explained by the head of the Secretariat of Prizes and Bets (SPA) under the Ministry of Finance, Regis Dudena, the new framework […]
Industry
January 21, 2025
UK Gambling Regulator Focuses on Combatting Illegal Gambling
The UK gambling regulator, the Gambling Commission, recently issued a warning after uncovering licensed gambling software appearing on illegal platforms targeting customers in Great Britain. Illegal Gambling in the Sights of the Gambling Commission On Monday this week, the Commission warned that it has identified content by licensed gambling operators on unlicensed, illegal gambling platforms. […]
Business
January 21, 2025
Isle of Man GSC Appoints Mark Rutherford as Permanent CEO
The Isle of Man Gambling Supervision Commission (GSC) named Mark Rutherford its permanent chief executive officer. According to his new position, Rutherford will be responsible for the upkeep of the island’s regulatory framework for gambling and medicinal cannabis while guaranteeing complete integrity and transparency for these sectors and protecting consumers as well as the island’s […]
Industry
January 21, 2025
UK Auditing Regulator to Investigate KPMG’s Audit of Entain
The Financial Reporting Council (FRC) of the United Kingdom, an independent regulator responsible for auditors, accountants and actuaries, has launched an investigation into KPMG’s audit of Entain’s financials. The probe comes amid KPMG’s shaky reputation in the wake of recent scandals. FRC to Investigate the 2022 Audit As confirmed by the FRC, the body has commenced […]
Industry
January 21, 2025
Online Sports Betting Bill Introduced in Nebraska by Senator Clouse
Lawmakers in Nebraska are making another push to legalize online sports gambling after a proposal failed to pick up traction in the Senate last year. Now, with the recent start of the new legislative session, a separate bill proposes the authorization of online wagering on sports. Mobile Betting Proposal Seeks to Expand the Gambling Options […]
Industry
January 20, 2025
Nigerian Gambling Authority Chief Discusses Africa’s Rising Regulatory Challenges
The African gambling market is at a critical crossroads, facing rising challenges from illegal operators, fragmented regulations, and the need for unified action to prevent exploitative practices. Bashir Are, CEO of the State Lotteries and Gaming Authority in Lagos, Nigeria, stressed that only cross-border collaboration could solve the continent’s gambling-related woes. Cracking Down on the […]
Industry
January 20, 2025
Thailand’s Mulled iGaming Foray Might Attract Crime Syndicates
Experts are wary about Thailand’s rapid foray into the world of gambling, arguing that it may provide criminal groups with an outlet to launder money. Such cases wouldn’t be without precedent either, considering the Philippines’ recent gripes with gambling-related crime. Thailand Wants to Expand Its Gaming Thailand is currently working hard to legalize integrated […]
Sports
January 17, 2025
Australian Tennis Pro Tomic Was Probed for Match-Fixing
Bernard Tomic, an Australian tennis professional, has been the subject of a match-fixing investigation, new reports revealed. The athlete’s behavior came under the microscope in 2022, shortly after authorities identified suspicious betting patterns. Tomic Was Investigated over Suspicious Bets The investigation in question was related to two of Tomic’s matches. The first of them took […]
Business
January 17, 2025
Compliance Specialist Letzz Secures Investment from Ex-Kindred CEO
Letzz, a startup compliance specialist, has unveiled a major investment from a former Kindred executive. The former firm, which seeks to leverage artificial intelligence to “eliminate tedious tasks and transform compliance into a growth driver,” hailed the backing and said that it will provide its business with a much needed boost. The Investment Will Help […]
Industry
January 17, 2025
New Brazilian Ordinance Raises Concerns over Retroactive Taxation for Operators
The recently published Ordinance RFB/SPA/MF No. 3/2025 has sparked ongoing debates about its implications for Brazil’s gambling sector. The ordinance establishes the Intersecretarial Working Group (GTI-Bets), which will monitor tax compliance, oversee authorized operators, and investigate potential illegal activities. However, it also contains text implying the possibility of retroactive taxes for Brazil’s licensed operators. Retroactive […]