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    Brazil orders direct bank controls to stop illegal gambling flows

    Brazil orders direct bank controls to stop illegal gambling flows

    Brazil's Secretariat for Prizes and Betting (SPA) has introduced Ordinance SPA/MF No. 2,750/2026 to combat illegal gambling by implementing direct bank controls. This regulation mandates procedures for financial institutions to identify and disrupt money flows supporting unlicensed operators within the Brazilian market. It signifies a major governmental effort to enforce compliance and protect the regulated sector.

    Midnite drops affiliate after TikTok ad but ASA still warns operator of rule breach

    The Advertising Standards Authority (ASA) has warned operator Midnite for a TikTok ad featuring an individual appearing under 25, created by an affiliate. Although the ad was quickly removed, the ASA ruled it breached CAP Code rules and must not reappear. This highlights the ongoing challenges operators face in monitoring affiliate marketing compliance, especially on platforms like TikTok.

    IAGR names Brazil betting official as latest Board of Trustee member

    Fabio Macorin, Deputy Secretary of Brazil's gambling regulator and involved in the country's upcoming betting framework, has been appointed to the Board of Trustees for the International Association of Gaming Regulators (IAGR). His addition strengthens the IAGR's global expertise, particularly given Brazil's significant emerging market. This move highlights Brazil's growing influence in international regulatory discussions.

    Dutch regulator grants Lotto BV five-year exclusivity

    The Dutch regulator Kansspelautoriteit (KSA) has granted state provider Lotto BV an exclusive five-year license extension for lottery games, scratch cards, and sports betting. This renewal secures Lotto BV's sole rights in these segments as their current licenses expire this December. The decision solidifies the state-owned entity's position in the Dutch market.

    Double trouble: Dart's Flutter and Evolution dilemmas

    Kenneth Dart, via his Candle Lake investment vehicle, has made a SEK695 per share takeover bid for Evolution Gaming, a prominent iGaming supplier. This move puts Dart, who is also a significant shareholder in Flutter Entertainment, in a complex position regarding his diverse investments in the industry. Shareholders are approaching a decision deadline on the offer.

    BreakingRegulatory

    BGC: “Complete ban on advertising will not make gambling disappear”

    The UK's Betting and Gaming Council (BGC) has strongly criticized proposals from the Local Health and Global Profits (LHGP) consortium for a complete ban on gambling advertising. The BGC argues such a ban would not eliminate gambling and points out that LHGP also advocated extending the ban to unlicensed operators, despite advertising being legally restricted to licensed entities. This comes amid ongoing discussions regarding potential regulatory changes within the Department for Digital, Culture, Media and Sport (DCMS).