Tag
"Regulation"
4 results found
Regulation
The UN puts illegal betting at $1.7 trillion a year — and its center of gravity has shifted to Southeast Asia
A UNODC report estimates the global unlicensed betting market at $340 billion to $1.7 trillion a year, tracing much of its infrastructure to Southeast Asia and ties to organized crime.
Regulation
Illegal iGaming in Chile cost the budget an estimated $92 million in 2025
A CEP study estimates offshore gambling GGR in Chile at $460 million in 2025 — roughly a third of the regulated market, and untaxed entirely.
Regulation
Founder of payment system Papara re-arrested in Turkey days after his release
Turkish prosecutors successfully appealed the release of Papara founder Ahmet Faruk Karslı, who now faces up to 28 years in prison over alleged facilitation of illegal iGaming payments.
Regulation
Google to ban Chrome extensions for prediction markets from August 1 amid industry-wide legal disputes
Google is updating Chrome Web Store rules to ban extensions enabling real-money trades on prediction markets starting August 1, 2026, affecting platforms like Polymarket and Kalshi.
