Economists warn betting is draining billions from Brazil’s retail sector
Carla Beni estimates online betting redirected BR143bn ($28bn) from retail spending between 2023 and 2026.
Carla Beni estimates online betting redirected BR143bn ($28bn) from retail spending between 2023 and 2026.
New operations are expected to target illicit revenue streams used by criminal groups, including unlicensed betting platforms.
According to the executive, football and betting are increasingly intertwined in Brazil.
Victoria’s gambling regulator has launched a campaign targeting social media influencers, warning that content promoting poker machines and gambling wins could breach state laws and contribute to gambling harm among young audiences.
Police allege social media promotion of illegal betting platforms was linked to more than BR1.2m in financial activity over six months.
Forsberg, a 13-season NHL veteran and Triple Gold Club member, will feature in nationwide marketing campaigns and promote the brand across Sweden.
Dutch Responsible Affiliates Quality Mark (KVA) is urging Google, policymakers and the gambling sector to work together to reduce the visibility of such sites.
While there is a push for a possible blanket ban on online gambling advertising, State Secretary for Legal Protection Claudia van Bruggen has said she is also assessing its feasibility and enforceability.
Norwegian politicians and addiction experts are calling for stricter rules on prediction markets, warning that the largely unregulated platforms could pose risks to player protection and financial crime prevention.
Players in Ontario will be able to access a suite of Playson titles.