Brazilian President Luiz Inácio Lula da Silva is expected to send a provisional measure (MP) to Congress this week aimed at tightening the country’s betting regulations, as concerns over household debt and gambling addiction increasingly put pressure on the sector. According to CNN Brazil, the government is considering broader restrictions on betting advertising as well as a possible ban on online casino games. Under the proposal being discussed, sports betting would remain p

Cyprus is intensifying efforts to position itself as a European and regional centre for investment, technology, energy, transport and trade, with President Nikos Christodoulides saying that substantive foreign direct investment (FDI) increased by approximately 10 per cent in 2025 compared with the previous year. Speaking on Wednesday at the EY Cyprus Future Realised Forum in Nicosia, Christodoulides said the rise in investment activity was reinforcing confidence in the countr

The Financial Action Task Force (FATF) has identified a range of money laundering, terrorist financing and proliferation financing risks affecting the global gaming and gambling sectors, including casinos, sports betting, online gambling, lotteries and online gaming. The findings were published on September 9, 2026, following an assessment of developments across the sector. The review covers both land-based and online activities and examines the increasing use of digital plat

Spanish authorities have dismantled an international underground banking network known as the “Dubai Bank”, arresting 21 suspects and identifying, seizing or freezing assets worth approximately €20 million in a multinational investigation into drug trafficking and money laundering. The investigation was led by Spain’s National Police with support from Europol and law enforcement authorities in several countries. The network is alleged to have provided financial services to cr