The Brazilian government is exploring new revenue sources after political opposition to a proposed increase in the Tax on Financial Transactions (IOF). One option under serious consideration is to raise taxes on the country’s online betting platforms. The Ministry of Finance estimates it would collect about R$1.67 billion monthly from betting operators to reach the […]
South Korea’s main opposition People Power Party has filed an official complaint against Lee Jae-myung, the Democratic Party of Korea’s presidential candidate, his spouse Kim Hye-kyung, and his son Lee Dong-ho. The complaint was sent to the Supreme Public Prosecutors’ Office on May 31 for allegations of suspicious gambling funds tied to Lee’s son. Director […]
Japan Lower House Passes Bill to Ban Online Casinos
June 5, 2025Japan’s House of Representatives has approved a bill aiming to ban the operation of online casinos in the country. The measure is part of efforts to address gambling addiction and protect vulnerable populations from potential harm. This bill revised existing legislation on combating gambling addiction, with strong support from the ruling Liberal Democratic Party and […]
Authorities in Thai Binh province have dismantled Vietnam’s first AI-powered gambling and money laundering operation. On May 30, police officially indicted 21 individuals connected to the transnational ring, which had processed more than VND 1 trillion (roughly US $40 million) in illegal gambling transactions. The investigation began months earlier, targeting the website “KUBET,” which operated […]
Bet Builder bets started growing very fast in football betting worldwide, as Entain’s Global Sportsbook showed record numbers in 2024 and 2025. Entain saw Bet Builder stakes rise more than double in the last year because of big tournaments like EURO 2024 and Copa América, and the trend keeps moving higher. In September 2024, every […]
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