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Uganda Moves Toward Centralised Payment Gateway for Gambling Sector, With Heavy Penalties Proposed for Non-Compliance
Uganda’s authorities are urging the country’s gambling operators to prepare for the introduction of a proposed Centralised Payment System that could soon reshape how betting transactions are conducted nationwide. The system, which is awaiting parliamentary approval, would impose strict requirements on operators and carries a potential penalty of UGX110 million (€26,268) for those who fail to comply. The proposed payment gateway would be licensed by the Bank of Uganda and
14 minutes ago


British American Tobacco Faces Shareholder Lawsuit After $635 Million U.S. Sanctions Settlement
More than 100 shareholders have initiated legal proceedings in the High Court of Justice in London against British American Tobacco following the company’s $635 million settlement with American authorities over sanctions violations tied to North Korea. The claim centers on allegations that the tobacco giant failed to provide investors with timely and accurate disclosures about its historical business dealings with the sanctioned regime. According to the plaintiffs, the compan
20 minutes ago


Mauritius Gambling Regulator Suspends Bet 593 Ltd as Money Laundering Probe Leads to Director’s Arrest
Authorities in Mauritius have ordered the immediate suspension of betting activities operated by Bet 593 Ltd following an investigation into suspected money laundering. The directive was issued by the country’s Gambling Regulatory Authority (GRA) after the regulator completed an internal inquiry and referred the matter to the Financial Crimes Commission (FCC), which subsequently led to the arrest of the company’s director on provisional money laundering charges. The suspe
24 hours ago
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OPAP Posts Record €2.41bn Gaming Revenue in 2025 as Digital Growth Offsets Rising Costs
OPAP reported gross gaming revenue (GGR) of €2,407.9 million for the full year 2025, marking a 4.9% increase compared with the previous year and setting a new record for the Greek gaming operator. The milestone was largely supported by continued expansion in online gaming alongside solid performance from the company’s retail operations. However, a significant increase in operating expenses during the year placed pressure on profitability, reducing EBITDA margins and slightly


Russian Court Hands Suspended Sentences to Operators of Illegal Poker Club in Smolensk
A Russian court has chosen not to impose prison sentences on the three individuals behind a high-profile illegal poker club operating in the western city of Smolensk. Instead, the district court issued suspended jail terms ranging from 20 to 22 months, according to a report by Russian media outlet Rabochy Put. The three organizers, whose identities have not been disclosed due to legal restrictions, were also ordered to serve two years of probation. In addition, each of th


Uganda Moves Toward Centralised Payment Gateway for Gambling Sector, With Heavy Penalties Proposed for Non-Compliance
Uganda’s authorities are urging the country’s gambling operators to prepare for the introduction of a proposed Centralised Payment System that could soon reshape how betting transactions are conducted nationwide. The system, which is awaiting parliamentary approval, would impose strict requirements on operators and carries a potential penalty of UGX110 million (€26,268) for those who fail to comply. The proposed payment gateway would be licensed by the Bank of Uganda and


British American Tobacco Faces Shareholder Lawsuit After $635 Million U.S. Sanctions Settlement
More than 100 shareholders have initiated legal proceedings in the High Court of Justice in London against British American Tobacco following the company’s $635 million settlement with American authorities over sanctions violations tied to North Korea. The claim centers on allegations that the tobacco giant failed to provide investors with timely and accurate disclosures about its historical business dealings with the sanctioned regime. According to the plaintiffs, the compan
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