The UK Financial Ombudsman Service has ordered Santander to refund thousands of pounds in gambling losses incurred by a customer using offshore operators. The decision highlights the growing regulatory and financial liabilities facing UK banks regarding their monitoring of transactions related to unlicensed gambling.
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A federal judge has granted an injunction sought by two California tribes barring prediction platform Kalshi from offering sports event contracts on tribal lands. The decision arrives as regulatory scrutiny continues around the CFTC's stance on geographic restrictions for event-based wagering markets.
Italian communications authority AGCOM has issued a final call for stakeholder feedback on proposed updates to the country's gambling advertising regulations. The consultation focuses on establishing cumulative conditions that would permit certain brand-linked informational activities to fall outside Italy’s advertising ban.
Finnish MP Sinuhe Wallinheimo has raised concerns over whether the national regulator will be adequately prepared for the transition to a licensed gambling market. Despite these readiness issues, Wallinheimo reaffirmed his support for ending the state monopoly to improve player safety and secure tax revenues.
A survey commissioned by the UK Gambling Commission indicates that 2.5% of online gamblers used illegal gambling websites in the four weeks prior to being surveyed. Across the wider adult population, engagement with unlicensed platforms was estimated at 0.6%.
Mozambique's new regulatory framework for online casinos is scheduled to take effect on 20 November. The regime opens the market to licensed operators while introducing substantial financial and regulatory compliance mandates.