US interest rates have been increased for the first time in more than three years, with the Federal Reserve indicating that further rises could follow as it seeks to bring persistent inflation under control. The Federal Reserve unanimously voted to raise its benchmark interest-rate range from 3.5%-3.75% to 3.75%-4%. The decision came despite strong opposition from President Donald Trump, who had repeatedly urged the central bank to reduce borrowing costs. Fed Chair Kevin Wars

The U.S. House Ways and Means Committee is set to consider legislation Wednesday that would restore the ability of taxpayers to deduct 100% of their gambling losses against gambling winnings for federal tax purposes. The proposal would repeal the current 90% cap on deductions for wagering losses. It would apply to taxable years beginning after December 31, 2025, effectively providing retroactive relief for 2026. The gambling-loss provision has been incorporated into House Res

Brazilian authorities are introducing new measures designed to identify and interrupt financial transactions connected to unlicensed gambling operators targeting the country’s online betting market. The Secretariat for Prizes and Betting (SPA) will implement the measures under Ordinance SPA/MF No. 2,750/2026, published on 14 September. The ordinance establishes procedures aimed at addressing the financial flows that sustain illegal gambling operations in Brazil. The new frame

Google is preparing to introduce revised requirements for its gambling advertising certification process, with the updated rules set to apply from October 2026 to advertisers operating in gambling-related markets. The changes were announced by Google on 14 September 2026 through an update to its Gambling and Games policy. Under the revised framework, advertisers will be expected to maintain what Google refers to as “good policy health” in order to remain eligible for gambling