TLDR Brazil’s State Lottery of Paraíba (LOTEP) held a meeting with TikTok Brazil to discuss gaming regulation and digital advertising Talks covered content control, user safety, and advertising guidelines on digital platforms LOTEP outlined its licensing, auditing, and monitoring systems during the meeting Both sides explored how digital tools can help users identify legitimate operators The meeting is part of LOTEP’s broader effort to engage digital platforms and industry stakeholders Brazil’s gambling regulator in Paraíba has met with TikTok to talk about how digital platforms can support legal gaming oversight. The State Lottery of Paraíba, known as LOTEP, held an…
Author: Maisie Morrison
TLDR The SEC has proposed letting public companies report semi-annually instead of quarterly, replacing three 10-Q filings with one new Form 10-S. Gaming stocks like Flutter, DraftKings, and Sportradar are all down sharply over the past year. Semi-annual reporting could reduce pressure on companies to hit short-term targets each quarter. The SEC’s chair says the change could make going public more attractive — part of his “Make IPOs Great Again” push. The public comment period closes July 6, and the proposal faced similar pushback when it was floated in 2018. The US Securities and Exchange Commission proposed in early May…
TLDR Police in China have shut down multiple illegal gambling networks in several provinces linked to the 2026 FIFA World Cup In Xi’an, 7 suspects were arrested after running an online betting platform with transactions exceeding 100,000 yuan ($14,770) A gang in Guangxi was dismantled for flooding social media with gambling ads since May 2026 In Liaoning, a suspect used illegal apps and WeChat to take bets on match outcomes and scores China’s Ministry of Public Security warned citizens before the tournament that no online platform is authorized to sell lottery tickets China’s police have broken up several illegal gambling…
TLDR Brazil’s Finance Minister Dario Durigan defended new tax measures targeting sports betting operators, offshore investments, and exclusive investment funds Betting companies paid zero tax from 2018 to 2022; the Lula government proposed 18%, Congress approved 12% Annual tax revenue from licensed betting operators is around BRL 9 billion Brazil created 5.1 million jobs in 2026, with inflation described as under control Public spending was cut by BRL 23 billion, even in an electoral year Brazil’s Finance Minister Dario Durigan appeared before the Finance and Taxation Committee of the Chamber of Deputies to defend a series of tax changes targeting…
TLDR Ireland’s Gambling Regulatory Authority has launched a national risk assessment and 30-point action plan targeting money laundering in gambling Remote bookmakers and private members’ clubs are flagged as high-risk for money laundering Private members’ clubs will now require licenses for the first time Cryptocurrency is under fresh scrutiny, with new industry-wide standards planned for digital assets Closed-loop payment systems will be introduced, requiring withdrawals to go back to the original deposit account Ireland Moves to Close Gaps in Gambling Oversight Ireland is tightening its grip on the gambling industry with a new national risk assessment and a 30-point action…
TLDR Estonia cut online gambling tax from 6% to 4% to attract foreign operators, but results have been slow Only 2 license applications have been submitted, both still being processed One operator withdrew its application entirely Tax revenues in January and February required a budget top-up of €220,000 Finland’s planned regulated market could pull operators away from Estonia Estonia lowered its online gambling tax to bring in more foreign operators. But months after the reform passed, the results have been thin. The Riigikogu passed legislation late last year to cut the online gambling tax rate from 6% to 4% in…
TLDR CIDG agents arrested 13 people, including one fugitive, at a home in Ayala Alabang, Muntinlupa on June 15 The raid began as a routine arrest warrant execution for violations of the Access Devices Regulation Act and Cybercrime Prevention Act Police seized computers, laptops, phones, hard drives, and other electronic devices from the property PAGCOR confirmed the online gaming platforms being run from the home were unauthorized The operation also violated the government’s existing ban on Philippine Offshore Gaming Operators (POGOs) Philippine police have arrested 13 people after discovering an illegal online gambling operation inside a private home in Muntinlupa…
TLDR Brazil’s Ministry of Finance released Ordinance No. 17.66, targeting illegal sports betting operators Financial institutions must block transactions with unauthorized operators within 24 hours of notice Failure to act makes payment providers jointly liable for taxes on illegal betting activity Over 50,000 illegal domains have been blocked since a 2024 deal with telecoms regulator ANATEL More than 650,000 self-exclusion requests have been made through a new centralized platform Brazil has introduced new rules to cut illegal sports betting operators off from the financial system. The Ministry of Finance released Ordinance No. 17.66 on June 17, 2026, setting out procedures…
TLDR Platforms like Kalshi and Polymarket are expanding rapidly across the US, including in states where gambling is illegal Public health advocates warn that addiction support resources are not keeping pace with the industry’s growth Kalshi and Polymarket claim they sell event derivatives, not gambling products, placing them under federal CFTC oversight Over a dozen lawsuits across multiple states are challenging that classification The Points Act, introduced in March, would create the first federal funding for gambling addiction treatment Prediction Markets Expand Into Every Corner of the Country Prediction market platforms like Kalshi and Polymarket have grown quickly across the…
TLDR Pragmatic Play has launched an exclusive slot called Mecca Big Bass Double Dab for Rank Group’s Mecca Bingo brand The game is based on Pragmatic Play’s popular Big Bass franchise with a neon-themed design The launch is part of an ongoing partnership between Pragmatic Play and Rank Group The slot was built specifically for Mecca Bingo’s player base Pragmatic Play delivers its games through a single API integration across multiple verticals Pragmatic Play has released a new exclusive slot game for Rank Group’s Mecca Bingo brand. The title, Mecca Big Bass Double Dab, is a custom version of the…