CFTC launches lawsuits against three states over prediction market control, challenging state gambling enforcement with federal jurisdiction claims.
Browsing: Regulation
Sweden’s Spelinspektionen mandates geo-blocking, payment restrictions, and registration barriers to prevent unlicensed gambling operators from serving Swedish users.
Belgium’s gambling revenue declined 4.86% to €1.61B in 2024, the first yearly decrease since COVID-19, driven by stricter regulations and age limits.
Evoke will close 200 William Hill shops from May 2026 due to UK gambling tax hikes. Deutsche Bank slashes earnings forecasts by up to 52% through 2027.
Alberta opens its regulated online gambling market July 13, following Ontario’s model with licensing fees, 20% revenue tax, and strict operator requirements.
Florida seizes $14.4M and 6,700 illegal slot machines in 2025 crackdown. Major raids continue while legislature stalls on new gambling enforcement laws.
Brazil’s betting industry faces potential collapse as tax reform could increase rates from 32% to 42% by 2033, threatening legal operators and government revenue.
PAGCOR extends minimum fee implementation for Philippine gaming operators to June 2026, citing economic challenges. 65 operators affected by revised schedule.
Nepal’s government has ordered an immediate nationwide block of online betting platforms, with the telecommunications authority identifying sites without guidance.
BetMGM eliminates credit card deposits across US markets, matching DraftKings and FanDuel policies amid state legislation and a $100K Pennsylvania fine.