G3 Newswire

    Blurify launches AI-native framework

    Blurify, an iGaming software development company, has launched Openora, an AI-native framework designed to help operators build, extend, modernize, and migrate their platforms efficiently. This open-source, modular solution aims to give operators greater control over their platform technology's evolution and address existing iGaming platform challenges.

    EGBA files complaint against Lithuanian payment provider, calls for tougher action to cut off illegal gambling operators

    The European Gaming and Betting Association (EGBA) has formally complained to the Bank of Lithuania against Walletto, a payment provider, for allegedly processing payments related to illegal gambling operations. This action highlights a broader European issue with financial institutions facilitating illicit gambling and calls for stronger measures to disconnect these operators from payment systems.

    BreakingRegulatory

    Supreme Court chief targets illegal betting as ‘perfect’ tool for money laundering in Brazil

    The President of Brazil's Supreme Federal Court, Justice Luiz Edson Fachin, identified illegal online betting as a significant tool for money laundering by criminal factions. He emphasized the need to target these mechanisms to combat organized crime, indicating potential future regulatory action or stricter enforcement against illegal gambling in Brazil.

    BreakingRegulatory

    AUSTRAC finalises enforceable undertaking with Sportsbet

    Australia's financial intelligence agency, AUSTRAC, has finalized its enforceable undertaking with Sportsbet after the betting operator successfully rectified significant deficiencies in its anti-money laundering and counter-terrorism financing (AML/CTF) controls. This outcome signals AUSTRAC's commitment to ensuring reporting entities maintain robust AML/CTF frameworks.