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PAGCOR Maintains E-Gaming Application Freeze as Licensed Operator Count Falls to 48
The Philippine Amusement and Gaming Corporation (PAGCOR) has no immediate plans to reopen applications for new e-gaming operators as it moves to consolidate the country’s domestic online gaming industry, where the number of licensed operators has declined from 74 to just 48. PAGCOR Chairman and CEO Alejandro Tengco said the regulator would maintain the moratorium that has been in place since March 2024, according to comments reported Thursday by The Philippine Star following
6 hours ago


FCA Bans Three Former Wealth Managers Over £35.5m Investor Visa Scheme
The UK Financial Conduct Authority has banned three former senior figures at wealth management firm Dolfin Financial after finding that they operated a scheme designed to help wealthy clients bypass the requirements of the country's investor visa programme. The regulatory action concerns an arrangement that operated between 2016 and 2019 and allegedly enabled at least 99 individuals to obtain UK investor visas without making the level of genuine investment required under the
6 hours ago


Vietnam Expands Anti-Money Laundering Rules to Cover Crypto Assets
Vietnam has formally expanded its anti-money laundering framework to address risks associated with crypto assets, marking another major step towards bringing the country's rapidly developing digital-asset market within the scope of financial regulation. The National Assembly approved amendments to the Law on Anti-Money Laundering alongside changes to legislation governing the State Bank of Vietnam and credit institutions. The amendments were approved with 94.6% of lawmakers v
1 day ago
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Kenya’s Online Betting Licence Now Costs KES 55 Million After High Court Clears New Fees
Kenya’s gambling industry is facing a dramatic increase in the cost of operating online after the High Court cleared the Gambling Regulatory Authority of Kenya to begin collecting licence fees under the Gambling Control (Licensing) Regulations, 2026, even as a legal challenge to the same regulations remains pending. On Monday, 24 August 2026, the court confirmed earlier orders and granted additional relief sought by the regulator, effectively allowing the new licensing fees t


Nvidia Revenue More Than Doubles as Artificial Intelligence Demand Continues to Surge
Nvidia has reported another exceptional quarter of growth as demand for artificial intelligence infrastructure continues to accelerate, with the semiconductor giant more than doubling its revenue compared with the same period a year earlier. The company generated approximately $96.2 billion in revenue during its fiscal second quarter, representing a 106% increase year-on-year and an 18% increase from the previous quarter. The result exceeded market expectations of roughly $92


Cyprus Economy Continues to Outpace Europe as Credit Rating Reviews Approach
Cyprus is continuing to record strong economic growth, with the country's performance remaining well ahead of the European average despite a more challenging external environment and increasing uncertainty across regional markets. The latest figures indicate that real GDP expanded by 3.3% year-on-year in the second quarter of 2026, following growth of 3.0% in the first quarter. The second-quarter result was more than three times the growth recorded across the euro area, highl


PAGCOR Maintains E-Gaming Application Freeze as Licensed Operator Count Falls to 48
The Philippine Amusement and Gaming Corporation (PAGCOR) has no immediate plans to reopen applications for new e-gaming operators as it moves to consolidate the country’s domestic online gaming industry, where the number of licensed operators has declined from 74 to just 48. PAGCOR Chairman and CEO Alejandro Tengco said the regulator would maintain the moratorium that has been in place since March 2024, according to comments reported Thursday by The Philippine Star following
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