Casino City's Friday Five edition reports on significant regulatory developments impacting the gambling industry. Brazil has enacted an executive order that bans online betting, while Polymarket has implemented new deposit limits specifically for its U.S. players.
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Brazil's Secretaria de Prêmios e Apostas (SPA) announced that the Receita (Revenue Service) has updated the balance of requests for opting into Simples Nacional and the regular regime for IBS and CBS. The data reflects the number of applications received up to Friday, October 2nd, and will be continuously updated as new requests are processed.
New gaming machine standards in the UK will introduce mandatory breaks, loss limits, and design rules. While these regulations will apply, most existing gaming machines will be largely exempt from upgrades.
The CFTC has sent proposed event contract rules to the White House for review. This proposal from the CFTC aims to broaden swaps, as discussions around sports event contracts continue.
Lottery licence fraud was uncovered, falsely using the name of Dutch football club Quick Boys. Following this discovery, the regulator has increased scrutiny of verifications and domains to prevent similar incidents.
Dutch lawyer Justin Franssen criticizes the Dutch regulator (KSA) for not utilizing existing powers to combat Meta's practices. VNLOK chairman Björn Fuchs detailed the association's expected actions regarding their lawsuit against Meta.