Tag
"Regulation"
18 results found
Regulation
Turkey deploys AI and financial controls against offshore iGaming
Turkey has blocked 548,500 illegal iGaming sites since 2006 and is now deploying AI detection and financial controls through MASAK.
Regulation
South Korea blocks Polymarket over gambling law violation
South Korea's Communications Standards Commission ordered Polymarket blocked, ruling its prediction markets meet the legal definition of gambling.
Regulation
Albania still has no betting licenses two years after relaunch law passed
Albania finished the rules to legalize online sports betting over two years ago but still has not issued a single license.
Regulation
Pixbet loses iGaming license after raids in $290 million Brazil laundering probe
Brazil's Ministry of Finance suspended Pixbet's license the same day police raided the operator amid a $290 million money-laundering investigation.
Regulation
77% of Brazilian bettors show signs of using unlicensed iGaming sites
A Locomotiva Institute survey found 77% of Brazilian bettors showed at least one sign of using an unlicensed iGaming platform in the past three months.
Regulation
US offshore iGaming hits $97.4 billion, growing twice as fast as licensed market
Unregulated iGaming pulled in $97.4 billion from US consumers in 2025, growing nearly twice as fast as the licensed market, per a new GCI report.
Regulation
Brazil banks close 323 accounts tied to unregulated iGaming platforms
Brazilian banks shut down 323 accounts in Q1 2026 over suspected ties to unregulated iGaming platforms, according to data obtained by Pay4Fun.
Gambling
South Korea police arrest 200 in bank account fraud scheme tied to illegal gambling
Police in Ulsan, South Korea, arrested 200 people over a scheme supplying 211 fraudulent bank accounts to phone fraud and illegal gambling networks.
Regulation
Pixbet, one of Brazil's largest iGaming operators, put up for sale after regulatory troubles
Pixbet, one of Brazil's largest iGaming operators, is reportedly being shopped to buyers after license suspensions and a court-ordered shutdown over age-verification failures.
Regulation
Sri Lanka blocks 24 unlicensed iGaming sites including 1xBet and Stake
Sri Lanka's Gambling Regulatory Authority ordered internet providers to block 24 unlicensed betting and casino platforms, the first major enforcement action under a licensing law that took effect in December 2025.
Regulation
Turkey detains 22 over financial support for illegal iGaming platform PEKINBET
Ankara prosecutors arrested 22 of 31 suspects accused of processing payments for unlicensed iGaming platform PEKINBET through the payment service Papara, uncovering a $4.8 million financial flow.
Regulation
South Korea arrests 172 people over a betting scheme built on accounts belonging to deaf residents
Busan police say a criminal network ran roughly $220 million in illegal betting through bank accounts belonging to hearing-impaired residents, with a sign language interpreter allegedly acting as the recruiter.
Regulation
Kalshi demands Netflix pull trailer for a prediction markets documentary, citing distorted facts
Kalshi wants Netflix to pull the trailer for "Instadocs: The Prediction Games," arguing it implies a $5,000 Nevada trade happened after a court order banned sports prediction markets there.
Regulation
Singapore blocked over 600 illegal iGaming platforms during the 2026 World Cup
Singapore police shut down access to more than 600 unlicensed iGaming platforms and stopped nearly 7,000 suspicious transactions during a crackdown timed to the 2026 World Cup.
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.
