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The new Secretary takes the helm at a pivotal moment as Brazil balances regulation, enforcement and political pressure on the betting sector.
After an emergency meeting, the Greek Government decided to raise taxes on online casino player winnings to fund relief measures linked to developments in the Middle East.
There have been several studies into the effects of gambling on soldiers at war.
VGCCC imposes second penalty after poker machines operated during mandatory shutdown period.
PAGCOR names GLl as Independent Testing Laboratory under new regulatory framework.
Authorities allege criminal ring funneled illicit betting funds through Macau casinos using credit card overpayments.
Measures put into place by Kalshi include preemptive politician and sports screening, while Polymarket unveiled dedicated Market Integrity pages to report any suspicious activity.
Chairman David Bean stated the Prediction Markets Are Gambling Act will ‘quiet the chaos’ fostered by the CFTC and believes event contracts ‘disregard clearly established regulations.’
Senators Adam Schiff and John Curtis filed the bipartisan legislation on March 23, stating CFTC-registered entities offer sports prediction contracts which are ‘indistinguishable’ from gambling.
Authorities raided 13 commercial locations and eight apartments, seizing 57 illegal gaming machines.
