One suspect allegedly ran a $3.14 billion illegal gambling platform from the Philippines, Malaysia, and Cambodia, evading South Korean authorities for 12 years before being seized in the UAE. A second suspect faces charges of recruiting secondary school students as sales agents into a separate illegal gambling network worth approximately $326 million. The cooperation between […]
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Brazil Pulled BRL5.89 Billion in Betting Taxes Before June, and the World Cup Is Still Running
July 7, 2026Between January and May 2026, Brazil collected BRL5.89 billion in betting taxes, up 85.88% on the same period last year, with World Cup activity pushing monthly volumes past any pre-tournament benchmark. Klavi, a data intelligence firm, recorded BRL510 million in transfers to licensed platforms from the tournament’s opening to 25 June; one Brazil vs Scotland […]
The NGPC has committed to fast-tracking a new gambling bill to close the legislative divide between national and provincial regulation. Uniform gambling advertising standards are being built directly into operator licensing conditions by the National Gambling Board. Nearly two-thirds of South Africa’s online gambling activity is now controlled by illegal offshore operators, stripping the economy […]
Laurence Escalante resigned as CEO and executive chairman of VGW on 3 July 2026, with immediate effect, following five months on leave after Western Australia Police filed criminal charges against him. Mats Johnson continues as acting CEO while VGW launches a global search for a permanent replacement, the first such appointment since Escalante launched the […]
A Michigan judge has temporarily ordered Kalshi to stop offering sports contracts to residents of the state until at least 13 July. Ingham County Circuit Court Judge Rosemarie Aquilina ruled that Kalshi’s sports contracts fall within Michigan’s gambling framework and therefore must comply with the state’s regulations. A key issue in this case is the […]
DraftKings has taken a major step into prediction markets with the launch of DKeX, its in-house market-making division. The rollout came during the FIFA World Cup knockout stage, one of the busiest periods on the sporting calendar. However, this allows DraftKings to expand its prediction market offering before the NFL regular season returns later this […]
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