Betting industry news

    From gambling addiction to black market intelligence: the story behind Trace2Trace

    From gambling addiction to black market intelligence: the story behind Trace2Trace

    A Danish entrepreneur, motivated by personal experience with gambling addiction, is developing an intelligence platform called Trace2Trace to map and understand the infrastructure of illegal gambling networks. The platform aims to combat the growing and increasingly complex challenge of tracking offshore black market operations. This initiative addresses a significant industry concern regarding unregulated gambling.

    BreakingRegulatory

    PAGCOR expects GCG decision on decoupling soon

    PAGCOR Chairman and CEO Alejandro Tengco announced that the agency anticipates a swift decision from the Governance Commission for Government-Owned or-Controlled Corporations (GCG) regarding its proposal to separate PAGCOR's regulatory and commercial functions. This move is a critical step in the long-discussed decoupling of the Philippine gaming regulator and operator roles.

    GC study participants call for more empathetic retail staff and ‘clearer’ gambling information

    GC study participants call for more empathetic retail staff and ‘clearer’ gambling information

    A new study commissioned by the UK Gambling Commission indicates that retail bettors prefer uninterrupted play, while casino players desire real-time support. Participants also called for more empathetic retail staff and clearer gambling information to be available. The findings suggest a need for tailored intervention approaches across different gambling environments.

    BreakingRegulatory

    Brazil orders direct bank controls to stop illegal gambling flows

    Brazil orders direct bank controls to stop illegal gambling flows

    Brazil's Secretariat for Prizes and Betting (SPA) has introduced Ordinance SPA/MF No. 2,750/2026 to combat illegal gambling by implementing direct bank controls. This regulation mandates procedures for financial institutions to identify and disrupt money flows supporting unlicensed operators within the Brazilian market. It signifies a major governmental effort to enforce compliance and protect the regulated sector.

    Indian Gaming Association calls on the CFTC to close prediction market loophole

    The Indian Gaming Association (IGA) and other Tribal organizations have urged the Commodity Futures Trading Commission (CFTC) to close a loophole that allows prediction market platforms to offer sports-event contracts, arguing they constitute illegal gaming. This stance highlights a growing industry concern about unregulated sports betting offerings under the guise of prediction markets. The groups emphasized that these platforms bypass federal, state, and tribal gaming laws and regulations.

    Midnite drops affiliate after TikTok ad but ASA still warns operator of rule breach

    The Advertising Standards Authority (ASA) has warned operator Midnite for a TikTok ad featuring an individual appearing under 25, created by an affiliate. Although the ad was quickly removed, the ASA ruled it breached CAP Code rules and must not reappear. This highlights the ongoing challenges operators face in monitoring affiliate marketing compliance, especially on platforms like TikTok.

    Morgan Stanley to lead Institutional Capital conversation at NEXTPredict NYC

    Morgan Stanley will lead a discussion at NEXTPredict NYC focused on institutional capital within the iGaming industry. The conversation will explore investment opportunities, participation barriers, and issues related to capital structure and risk. This indicates growing interest in the financial stability and growth potential of the sector from major financial institutions.

    Buenos Aires online gambling levy triggers political dispute

    Buenos Aires Province has implemented a new 2% levy on prizes from online immediate-resolution games, drawing criticism from opposition politicians and creating internal divisions within the ruling party. The debate extends beyond the levy's mechanics to the broader use of gambling-derived revenue. This new regulation, enacted via Resolution 1149/2026, impacts online gambling operators in the region.

    IAGR names Brazil betting official as latest Board of Trustee member

    Fabio Macorin, Deputy Secretary of Brazil's gambling regulator and involved in the country's upcoming betting framework, has been appointed to the Board of Trustees for the International Association of Gaming Regulators (IAGR). His addition strengthens the IAGR's global expertise, particularly given Brazil's significant emerging market. This move highlights Brazil's growing influence in international regulatory discussions.