G3 Newswire

    BreakingRegulatory

    Brazilian Senate probes betting advertising, calls for tighter rules

    The Brazilian Senate has initiated a comprehensive inquiry into the impact of fixed-odds betting, specifically scrutinizing the significant increase in advertising during football broadcasts. Lawmakers and experts are calling for stricter regulations on betting promotions, citing concerns over public health and consumer protection due to what they deem excessive and abusive advertising practices.

    Plans to double Machine Games Duty would damage British jobs, local communities, and high streets

    The Betting and Gaming Council (BGC) has criticized a report by the Social Market Foundation (SMF) suggesting a doubling of Machine Games Duty (MGD). The BGC argues that such a measure would harm jobs, local communities, and high streets, indicating the SMF's analysis does not accurately reflect the UK's land-based betting and gaming market realities.

    Momentum and Fanatics team up to build a new powerhouse in UAE's regulated commercial gaming

    Momentum Group, a UAE-based commercial gaming company, has formed a strategic joint venture with Fanatics to leverage Momentum's local expertise and licenses with Fanatics' product, technology, and scale. This partnership aims to accelerate growth in the UAE's regulated commercial gaming sector, consolidating Momentum's existing licenses and operations under the new venture.