Author: Maisie Morrison

TLDR Polla Chilena de Beneficencia filed complaints with Chile’s advertising ethics body against agencies promoting unregulated online betting platforms Complaints target agencies behind campaigns for Coolbet, Betano, Jugabet, and Rojabet The operator raised concerns about gambling ads targeting young people and lacking responsible gambling messages Chile still has no finalized regulatory framework for online gambling as Congress continues debating legislation Polla Chilena also filed a money laundering claim earlier this year against payment processors tied to illegal gambling Chile’s state lottery operator, Polla Chilena de Beneficencia, has filed formal complaints against several advertising agencies it accuses of promoting illegal online…

TLDR Brazil’s regulated betting industry generated over R$1.15 billion in federal tax revenue during Q1 2026 February was the highest-earning month at R$443 million, with January at R$368 million and March at R$338 million Total federal gaming revenue for the quarter reached R$4.17 billion across all gaming sectors The Ministry of Health received R$12.8 million from betting revenue to fund responsible gambling programs Brazil’s traditional federal lotteries still lead social investment, with Caixa transferring over R$3.1 billion to public projects Brazil’s regulated betting market has become a major source of federal income, generating more than R$1.15 billion in tax revenue…

TLDR The UK nearly doubled its Remote Gaming Duty from 21% to 40% on April 1, 2026, and the full financial impact has not yet hit operator balance sheets Operators are quietly lowering slot machine Return-to-Player rates and cutting bonuses, effectively doubling the cost per spin for players Two smaller operators have already exited the UK market, and mid-sized brands face serious margin pressure Industry experts warn the combined effect of higher taxes and new financial risk checks could push players toward illegal offshore gambling sites The UK Treasury expects over £1 billion in additional annual tax revenue, but critics…

TLDR Senators Britt and Blumenthal introduced the GAME Act to ban digital platforms from targeting gambling ads at minors Violators could face fines up to $100,000 per ad shown to a minor, enforced by the FTC and DOJ A study found 59% of adolescent boys who gamble said gambling content appeared in their feeds without them searching for it The bill focuses on targeted digital advertising, not broad TV broadcasts or incidental exposure Research linked to the bill shows people who start gambling before 18 are more likely to develop gambling problems later A new bipartisan Senate bill wants to…

TLDR Playtech CEO Mor Weizer called the company’s first four months of 2026 “excellent,” driven by stronger-than-expected Americas performance US business is accelerating and the Caliplay joint venture in Mexico continues to grow Certain European markets and live casino also contributed to the strong start The company is reviewing its Sun Bingo business in the UK after Remote Gaming Duty jumped from 21% to 40% Senior independent director Ian Penrose will step down from the board after FY2026 results are released Americas Momentum Powers Playtech’s Early 2026 Performance Playtech delivered a post-AGM trading update on Wednesday covering its performance through…

TLDR Chile’s land-based casino revenue dropped 4.5% in 2025 to $597.5 million while the illegal online gambling market ballooned to an estimated $3.1 billion. Casino visits fell 7.2% and tax revenue declined 4.7%, with the ACCJ blaming the normalization of unauthorized online betting platforms. A national study found 26% of Chilean youth placed online bets in the past year, with the average gambling start age at just 15.5 years old. Chile’s Supreme Court ordered internet providers to block illegal betting websites, and two major regulatory bills are moving through the legislature. The ACCJ is now working with health professionals and…

TLDR The CFTC and U.S. government sued Minnesota over its new prediction market ban, calling it the most aggressive state crackdown yet Minnesota’s SF 4760 makes it a felony to create, operate, or facilitate prediction markets, taking effect Aug. 1, 2026 The CFTC argues the law threatens traditional derivatives markets including weather and crop contracts used by farmers since the 1990s The agency has now filed lawsuits against six states over prediction market restrictions Minnesota also passed a separate law banning political candidates from betting on their own elections Federal Agency Takes Legal Action Against Minnesota’s Prediction Market Law The…

TLDR Evolution AB authorized a €2 billion share buyback program, one of the largest in its history, to reduce share capital and return excess cash to shareholders The company secured a €300 million revolving credit facility with JP Morgan and Citibank Europe as backup liquidity during the repurchase period Under Swedish law, Evolution can repurchase up to 19.9 million shares, roughly 10% of outstanding shares, and may cancel shares to make room for more buybacks The buyback follows a Q1 earnings report showing growth driven by North and Latin America rather than Europe, with 48% of revenue from regulated markets…

TLDR Sportradar is facing a class action lawsuit after its stock fell over 22% in one day following reports linking it to illegal gambling operators. Muddy Waters and Callisto Research both published reports claiming 20–40% of Sportradar’s revenue may come from unlicensed betting markets. Sportradar’s share price dropped from $16.84 to $13.04 on April 22, 2026, after the reports were released. The lawsuit, filed in the U.S. District Court for the Southern District of New York, accuses the company and executives of securities fraud. Sportradar denies the allegations and says it has a four-level process to ensure it only works…

TLDR Iowa Gov. Kim Reynolds signed SF 2289, giving the Iowa Racing and Gaming Commission new tools to pursue unlicensed gambling operators and illegal sweepstakes The law allows regulators to issue cease-and-desist orders and seek injunctions against unlicensed operators, taking effect July 1, 2026 Unlike Indiana, Maine, and Oklahoma, Iowa did not ban sweepstakes casinos outright but instead strengthened existing enforcement authority Oklahoma lawmakers overrode Governor Stitt’s veto to pass SB 1589, which outlaws sweepstakes casinos using dual-currency systems Several other states including Tennessee and Louisiana have pending legislation targeting sweepstakes casinos, while efforts failed in Florida, Maryland, and others…