Author: Maisie Morrison

TLDR Brazil’s provisional measure halting online betting has cost more than 3,500 jobs in 14 days, about 23% of the sector’s workforce. Another 4,167 workers are on collective leave, and up to 5,600 more layoffs are expected within three months. H2Bet cut 150 jobs, Rivalo reportedly cut around 100, and a Curitiba call center let go of 500 workers. Former workers say they face stigma and discrimination when searching for new jobs. The measure is being challenged at the Supreme Federal Court and must be approved by Congress or it will lose effect. Brazil’s provisional measure that halted online betting…

TLDR A former Peppermill Reno security officer says the casino’s facial recognition system often misidentified guests. Aaron Gamino claims the system produced up to 12 false matches in a single shift. He says staff received almost no training and were told to detain people even when they showed valid ID. Jason Killinger was wrongly arrested at the casino in 2023 after the system mistook him for a banned customer. The ACLU and the Innocence Project are backing Killinger’s ongoing legal challenge. A former security officer at the Peppermill Reno casino resort says the property’s facial recognition system often failed. Aaron…

TLDR Cyprus’ National Betting Authority has called for stronger action against illegal gambling as the 9th Safer Gambling Week begins. Chairman Panayiotis Trisokkas said player protection must go beyond meeting regulatory requirements. The 9th Safer Gambling Conference on October 12 looked at how AI and data tools can help detect risky gambling early. The Finance Ministry said growth in the gambling sector should not come at the cost of consumer protection. Safer Gambling Week runs from October 12 to 18 under the message “Play within limits. Play safely.” Cyprus’ National Betting Authority has called for tougher action against illegal gambling.…

TLDR Kalshi asked the full Sixth Circuit to reconsider a September 25 ruling that favored sports regulators in Ohio and Tennessee. The panel ruling lets both states enforce their gambling laws against Kalshi’s sports contracts. The CFTC proposed on October 9 to treat event contracts as swaps and separately excluded casino and sportsbook wagers. Courts are split, with the Third Circuit siding with Kalshi and the Ninth Circuit siding with Nevada. Kalshi must respond to New Jersey’s Supreme Court petition by November 9. Kalshi has asked the full Sixth Circuit Court of Appeals to reconsider a ruling that favored sports…

TLDR Polymarket CEO Shayne Coplan discussed a possible onchain asset with “real programmable utility” at TOKEN2049 in Singapore on October 7. No token launch, airdrop, name, supply or timeline has been confirmed as of October 14. Intercontinental Exchange agreed in 2025 to invest up to $2 billion in Polymarket and completed a $600 million investment in March 2026. Reports placed Polymarket’s valuation near $15 billion in April, with August funding talks above $20 billion. Polymarket US operates through QCX, a CFTC-designated contract market separate from the international platform. Polymarket CEO Shayne Coplan has sparked fresh talk about a possible cryptocurrency…

TLDR San Juan’s gambling regulator, the Caja de Acción Social (CAS), is close to finalizing rules for five online gambling licenses. The plan aims to improve oversight of internet gaming, fight illegal gambling and increase fiscal accountability. San Juan is working with Mendoza and San Luis on a regional self-exclusion agreement. Players who self-exclude in one province would be blocked online and at land-based venues in all three. The provinces would link their self-exclusion databases under data protection rules. The province of San Juan in Argentina is getting closer to finalizing its rules for online gambling. The new framework would…

TLDR Hungary removed the concession powers of its gambling regulator, the SZTFH, under a law that took effect on October 1, 2026. The law also scraps the SZTFH’s Concession Council and ends its prior consent role in concession deals. The SZTFH president must hand all concession files to the minister for state assets within 30 days. The government questioned the regulator’s independence, pointing to its head’s past role in the Prime Minister’s Cabinet Office. The SZTFH disputed the bill’s reasoning and said it ran more than 23,000 concession inspections from 2021 to 2025. Hungary has removed the concession powers of…

TLDR Brazil’s licensed betting platforms went offline at 6 p.m. on October 6 under Provisional Measure No. 1,394/2026. About R$1.33 billion remained in accounts linked to 26.5 million bettors. Banks will return the money from October 9 to 14, and bettors do not need to file a new request. The government is investigating 48 accounts that each hold more than R$500,000. Industry groups are challenging the ban in Brazil’s Supreme Federal Court. Brazil’s licensed fixed-odds betting platforms went offline at 6 p.m. on October 6. The shutdown followed the end of a voluntary withdrawal period set by Provisional Measure No.…

TLDR West Virginia resident Daniel Vest filed a proposed federal class action lawsuit against DraftKings on Sept. 30 in Massachusetts. The lawsuit claims DraftKings used AI and customer data to find gamblers most likely to bet more after receiving promotions. A New York Times report said the company’s model gave customers an “elasticity” score to decide who received incentives. DraftKings denies using AI to target customers based on losses or signs of problem gambling. The Massachusetts Gaming Commission is separately reviewing AI use by DraftKings and other licensed sportsbooks. DraftKings is facing a proposed federal class action lawsuit that accuses…

TLDR Indonesia’s commercial bank loans grew 13.65% in August 2026, reaching Rp9,178 trillion, or about $577.23 billion. Long-term investment loans grew the fastest, rising 25.11% from a year earlier. The OJK ordered banks to freeze about 38,796 accounts suspected of links to illegal online gambling. Net interest margin fell to 4.31% from 4.58% due to higher funding costs. Asset quality held steady, with a gross non-performing loan ratio of 2.11%. Indonesia’s commercial banks grew their loans by 13.65% in August 2026, according to the country’s Financial Services Authority, known as OJK. Total outstanding loans reached Rp9,178 trillion, or about $577.23…