Casino Beats

    Jakarta Has Become an Illegal Gambling Hotspot, Says Indonesian AML Agency

    Jakarta Has Become an Illegal Gambling Hotspot, Says Indonesian AML Agency

    Indonesia's anti-money laundering agency, PPATK, has identified Jakarta and its metropolitan area, Jabodetabek, as the epicenter of illegal gambling in the country. This declaration highlights a significant challenge for Indonesian authorities in combating illicit gaming operations. The increasing prevalence of illegal gambling could lead to more stringent enforcement and potential changes in national policy.

    Senators Bid to Block CFTC From Using Federal Funds to Sue States in Prediction Market Cases

    A group of 17 Democratic Senators is petitioning a Senate subcommittee to prevent the Commodity Futures Trading Commission (CFTC) from using federal funds for legal battles against states regarding prediction market operators. This push comes as numerous states have attempted to regulate prediction markets like Kalshi and Polymarket under their gambling laws, challenging the CFTC's jurisdiction.