TLDR Betr has completed its acquisition of Ascent Capital Management, gaining CFTC and NFA registration The deal makes Betr a CFTC-registered introducing broker, enabling prediction market offerings Betr plans to integrate prediction markets into its super app alongside Picks, Sportsbook, Casino, and Arcade The company enters a crowded space with Kalshi, Polymarket, DraftKings, FanDuel, and Fanatics already active Regulatory pressure is mounting nationwide, with lawsuits in over a dozen states and Minnesota criminalizing event contracts Betr has completed its purchase of Ascent Capital Management. The deal gives the company registration with both the National Futures Association and the Commodity Futures…
Author: Maisie Morrison
TLDR New Jersey Senate Bill 4280 would require casinos and sportsbooks to send monthly push notifications showing player winnings and losses Senator John F. McKeon sponsored the bill, which amends existing casino and sports wagering laws The Division of Gaming Enforcement would oversee implementation and set notification formats New York is advancing a similar but broader bill requiring detailed monthly betting statements New Jersey has already pushed several gambling bills this year, including proposals to ban microbetting and tax World Cup wagers New Jersey Proposes Mandatory Monthly Betting Statements New Jersey lawmakers have introduced a bill that would force casinos…
TLDR The UK Gambling Commission confirmed no final decision has been made on Financial Risk Assessments, delaying the expected rollout of affordability measures The Commission’s board met on May 21 but said it has not finished reviewing the “extensive evidence” submitted by industry groups and stakeholders The Betting and Gaming Council welcomed the delay and had previously warned it would pursue legal action if full implementation went ahead FRAs were first proposed in the April 2023 Gambling Act review White Paper and would apply when customers lose large sums in short periods Critics including Nigel Farage, several MPs, and industry…
TLDR Benin’s National Lottery (LNB) reported a 36% drop in profit for 2025, blaming unlicensed slot machines and illegal betting sites. Revenue fell 4% to 98.6 billion West African CFA francs (€150.4 million), while tax charges more than doubled. Online gaming was a bright spot, making up 68% of total revenue and growing 18% year-over-year. LNB is preparing to launch a unified digital platform combining sports betting, casino games, and mobile money services. The operator expects stronger results in 2026 despite ongoing pressure from unlicensed competitors across West Africa. The National Lottery of Benin closed out 2025 with a 36%…
TLDR Brazil’s Central Bank issued Resolution BCB No. 569/2026, updating rules on illegal betting prevention Financial institutions must now share fraud data linked to unlicensed betting operators New information-sharing requirements must clearly identify ties to illegal betting activity Compliance deadlines are set for October 30 and December 1, 2026 Illegal operators still account for nearly half of all betting transactions in Brazil New Rules Force Banks to Share Data on Illegal Betting The Central Bank of Brazil has introduced new regulations aimed at cracking down on illegal betting operators across the country. Resolution BCB No. 569/2026 was signed by Director…
TLDR Australia’s ACMA ordered ISPs to block six more illegal gambling websites including Play Jonny, WooSpin, and Wonaco A total of 1,708 illegal gambling and affiliate sites have been blocked since November 2019 Over 230 illegal services have left the Australian market since enforcement began in 2017 ACMA warned consumers that unregulated sites lack player protections and risk financial loss The regulator urged Australians to verify licensing status before using any online gambling service ACMA Orders Blocking of Six More Sites Australia’s communications regulator has ordered internet service providers to block six more illegal gambling websites operating in breach of…
TLDR Tangam Systems is seeing increased demand for AI-driven casino analytics as operators seek better performance management tools The company’s new casino performance platform is now live across the US, Europe, Asia, and Australia Tangam expects to surpass 300 venues by mid-2026, up from around 200 in October 2025 Casinos remain cautious about sharing internal data with public large language models due to privacy concerns Tangam uses an application layer between casino databases and AI systems to protect proprietary data Tangam Systems Expands AI Casino Platform Across Global Markets Tangam Systems is reporting growing interest in its artificial intelligence casino…
TLDR Aviator LLC is suing Betway in South Africa for allegedly using protected AVIATOR brand visuals without permission The lawsuit followed a failed cease-and-desist attempt that Betway did not resolve Aviator holds global copyright on its logo and trademark rights across several African jurisdictions The company is seeking an injunction, damages, and recovery of profits from Betway Aviator previously settled a similar trademark dispute with Flutter Entertainment in 2025, resulting in a global partnership Aviator LLC Takes Betway to Court Over Alleged Brand Misuse Aviator LLC has filed a lawsuit against Betway in South Africa. The company claims Betway used…
TLDR Senegal’s gambling sector generated over $71 million (CFA 40.9 billion) in the first quarter of 2026, according to Finance Minister Cheikh Diba. The government introduced double taxation on gambling operators in 2025 to boost revenue and regulate the growing industry. The Q1 figures represent a 71% coverage rate against government targets, driven largely by online gambling growth. Finance Minister Diba praised the National Lottery (LONASE) and its Director General for supporting government revenue priorities. Diba called for stronger cross-border cooperation and protections for younger users against online gambling risks. Senegal’s gambling industry brought in more than $71 million during…
TLDR Unregulated online gambling now represents $5.9 trillion in wagering value, making it the world’s third-largest economy behind only the US and China 78% of the online gaming market operates without licenses, while only 22% is regulated and compliant Gaming Compliance International calls unregulated online gambling the biggest cybercrime worldwide A growing “unacknowledged” category includes social casinos, sweepstakes, skins trading, and TikTok contests GCI says consumers see one marketplace where regulated and unregulated products compete equally, leading to rising risks and tax losses The Scale of Unregulated Online Gambling A new report from Gaming Compliance International has put a number…