Author: Maisie Morrison

TLDR The Isle of Man wants to fine individual gambling executives, not just companies, for compliance failures The proposed bill would let regulators penalize directors and compliance officers for breaches due to their consent, negligence, or connivance New powers would allow the regulator to issue formal directives, suspend operations, or revoke licenses The Gambling Supervision Commission recently fined Maverick Games operator Shelgeyr £200,000 for due diligence failures Public consultation on the personal accountability measures runs from 23-25 May 2026 The Isle of Man is moving to hold individual gambling executives personally responsible for compliance failures under a proposed amendment to…

TLDR Romania’s gambling regulator ONJN uncovered a licensed affiliate secretly redirecting players to illegal offshore gambling platforms using IP-based targeting The affiliate used a covert system that detected Romanian users and served them tailored links to unlicensed operators with fully localized sites The promoted platform NV Casino shares similarities with Novatech Solutions N.V. Casino, which was fined nearly €25 million by Dutch authorities ONJN has referred the case to Romania’s organized crime directorate for full criminal investigation Romania is also raising the legal gambling age from 18 to 21 and pushing strict limits on gambling advertising Romania’s national gambling regulator…

TLDR Around eight million deepfakes were shared in the UK last year, nearly four times the 2023 figure Gambling sector fraud rose 73% between 2022 and 2024, with deepfakes used to bypass identity checks UK law enforcement was found “inadequately equipped” to handle AI-fuelled fraud in a 2025 report Meta’s own data showed roughly $16 billion in 2024 revenue came from ads on scams and banned goods New UK legislation to regulate deepfakes under the Online Safety Act is underway but key powers on scam ads are delayed until at least 2027 The UK is facing a rapid rise in…

TLDR Brazil’s President Lula signed Law No. 15,358/2025, creating a legal framework to combat illegal betting and organized crime The Central Bank and Ministério da Fazenda can now order banks to block accounts tied to unauthorized betting operators Financial institutions must join fraud information-sharing systems to flag illegal operators New rules will regulate Pix transactions to prevent their use by illegal betting platforms Fines, license suspensions, and criminal penalties await entities that work with unauthorized operators Brazil has taken a direct step against illegal betting with the signing of a new law that gives financial regulators the power to block…

TLDR CASPR launched “Life Savings,” a new initiative targeting online gambling addiction with model legislation, 50-state scorecards, and revenue outflow calculations Co-founder Nicholas Reville argues the gambling industry pushes only post-addiction policies like hotlines, while blocking reforms that would actually prevent addiction CASPR’s model legislation proposes a duty to intervene, a credit card ban, raising the gambling age to 25, and automatic timeouts for problem behavior Anecdotal evidence suggests GLP-1 drugs (like Ozempic) may reduce gambling cravings, though formal trials for gambling disorder haven’t started yet Reville says prediction markets like Kalshi are exploiting a loophole to offer sports betting…

TLDR Macau Legend Development expects a full-year 2025 loss of nearly HKD1.57 billion (US$200 million), up from HKD623 million in 2024. A HKD1.18 billion impairment charge on property and assets at Fisherman’s Wharf drove most of the wider loss. The Legend Palace casino shut down on November 12, 2025, after SJM Holdings did not renew its service agreement. The company set aside HKD71 million for employee compensation tied to the casino closure. Macau Legend raised HKD93 million through a rights issue earlier this year to shore up working capital. Macau Legend Development Ltd is staring down a projected loss of…

TLDR Brazil’s Federal Revenue Service expects R$4.4 billion from new taxes on fintechs, betting operators, and interest on equity Changes to the CSLL tax on financial institutions will generate R$1.1 billion, with traditional banks facing a 20% rate Interest on equity taxation rises from 15% to 17.5%, expected to bring in R$3.1 billion Betting sector GGR tax increase estimated to yield R$260 million in new revenue Brazil’s GDP growth forecast lowered to 2.33% for 2026, while inflation expectations rose to 3.74% Brazil’s Federal Revenue Service has outlined a package of tax reforms projected to generate R$4.4 billion in new revenue.…

TLDR CBRE projects three new NYC casinos could generate between $4.1 billion and $5.6 billion in annual revenue About 70% of revenue is expected to come directly from gaming activities on the casino floors Genting, Bally’s, and Hard Rock International hold the three NYC casino licenses Genting’s Resorts World New York has a first-mover advantage and could offer live table games later this year NYC casinos will operate differently from Las Vegas, relying heavily on gaming rather than hotels and entertainment New York City is gearing up for a major expansion of its gambling industry. A new financial report from…

TLDR Kalshi and Polymarket both announced new insider trading safeguards on the same day amid pressure from U.S. lawmakers and regulators. Kalshi is launching tech tools to preemptively block politicians and athletes from trading on their own events. Polymarket expanded its market integrity rules and is building an AI-powered surveillance platform with Palantir and TWG AI. A recent survey found 60% of prediction market users suspect insider trading is happening on these platforms. Multiple federal and state bills have been introduced to regulate or ban prediction markets across the U.S. Kalshi and Polymarket, two of the biggest prediction market platforms…

TLDR Philippine National Police ordered its Anti-Cybercrime Group to escalate enforcement against cybercrime on gaming platforms including Roblox Prosecutors flagged Roblox features resembling gambling and potential child exploitation including grooming and sexual predation Roblox has over 111 million daily users with roughly 40% under 13 years old Research from the University of Sydney found children struggle to understand in-game currency and random reward mechanics, with parents calling them “child gambling” The crackdown extends beyond Roblox to other gaming and social media platforms, reflecting a broader international regulatory trend The Philippine National Police has launched a crackdown on cybercrime linked to…