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    Caixa abandons 2026 launch of online betting

    Caixa abandons 2026 launch of online betting

    Brazilian state-owned bank Caixa Econômica Federal has indefinitely delayed, and possibly abandoned, the 2026 launch of its planned sports betting platform, BetCaixa. Despite its lottery subsidiary having obtained authorization, the launch, initially anticipated before the 2026 World Cup, is now pushed to 2027 at the earliest.

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    Bookies slash or suspend Manchester City relegation odds after guilty verdicts

    Bookies slash or suspend Manchester City relegation odds after guilty verdicts

    Following Manchester City's guilty verdict on 114 financial regulation breaches, major bookmakers in the UK have either suspended or significantly adjusted their Premier League relegation markets. Operators like William Hill, bet365, Paddy Power, and Sky Bet swiftly reacted to the news. This move reflects the significant perceived risk of potential penalties, despite an expected appeal process.