Flutter and Entain have revised their 2026 outlooks due to Brazil's provisional ban on online gambling. The measure, introduced by President Luiz Inacio Lula da Silva, requires congressional approval within 120 days to become permanent. Both operators anticipate potential impacts on their full-year results following this regulatory change.
President Lula's decree to prohibit regulated online gaming and betting operators in Brazil has led to a significant increase in illegal online gambling platforms. This decision has resulted in a near-100% jump in unlicensed operators infiltrating the South American country's market.
The Dutch gambling trade body VNLOK has initiated legal proceedings against Meta, alleging that the tech giant permits illegal gambling advertisements on its platform. This action follows VNLOK's earlier complaint to the European Commission regarding a surge of ads for illicit operators targeting Dutch consumers.
Brazil's betting industry, represented by the National Association of Games and Lotteries (ANJL), has filed a direct action of unconstitutionality before the Supreme Federal Court (STF). This challenge targets Provisional Measure No. 1,394, which bans the operation, offer, intermediation, and advertising of fixed-odds betting. The filing, ADI 8,027, occurred on September 28th.
The UK gambling sector has experienced increased regulatory scrutiny from the Gambling Commission, leading to substantial financial penalties for operators. SBC News examines significant fines issued to UK bookmakers, detailing the companies and reasons behind these penalties. These penalties underscore the Commission's commitment to enforcing licensing duties and compliance.
VNLOK has summoned Meta to court as part of ongoing efforts against illegal gambling advertisements in the Netherlands. Parliament is set to consider a motion that would grant the KSA powers to fine digital platforms over such ads.