Key Points Operation Conto da Sorte uncovered a 37-company illegal betting network with an estimated BRL50 billion ($9.7 billion) in financial movement across Pernambuco, Ceará and São Paulo. Decree No. 13,033, signed by President Lula da Silva on 19 June, gives the Secretariat of Prizes and Betting formal powers to trigger bank account freezes against […]
iGaming Business News
Latest iGaming business news covering company strategies, investments, mergers and acquisitions, and key market insights from the global gambling industry.
Egypt Parliament Moves to Criminalise Online Betting
June 25, 2026Key Points Egypt’s government is considering changes to the Cybercrime Law, which will officially consider online betting apps as crimes, and can result in punishment by serving life sentences if such activity involves organised criminal groups or massive fraud. About 80% of all betting websites have been blocked, and in September 2024, 1xBet was banned […]
Key Points A separate team of Meta employees led by Mark Zuckerberg has been tasked with creating Arena – a completely separate app with prediction markets that will be isolated from other platforms like Facebook, Instagram, WhatsApp, and Messenger. The platform is set to launch using a points system, but the company is still considering […]
PlayCity Extends Platform Enforcement to Kick
June 24, 2026Key Points PlayCity now reports illegal gambling channels directly to Kick’s headquarters, with the first two violating channels removed within the past week. Thirty-seven accounts across TikTok, Instagram, Twitch and Kick were blocked this month, reaching a combined audience of more than 895,000 followers. Violations carry a financial penalty of nearly UAH5.2 million (approximately $155,678), […]
Key Points BetConstruct AI has integrated ADI Predictstreet’s prediction market solution, giving its operator partners access to official FIFA-licensed content. ADI Predictstreet holds the first-ever FIFA official prediction market partnership, a category that did not previously exist in international football. The deal also covers official match streaming rights for operators across Europe and selected international […]
SkyCity Entertainment Group has reached an in-principle settlement with South Australia’s Commissioner for Liquor and Gambling over compliance failures at its Adelaide casino. Under the agreement dated 19 June, SkyCity will pay A$21m in three equal instalments. The first A$7m payment is due within 28 days, while the other instalments must be paid within one […]
Chinese President Xi Jinping has urged Myanmar to strengthen enforcement against online gambling, telecom fraud and other cross-border crimes during talks with Myanmar President Min Aung Hlaing in Beijing. The meeting took place on 16 June during Min Aung Hlaing’s five-day state visit to China, his first since assuming the presidency in April. Both governments […]
Entain’s Sportingbet brand has lost trademark protection across most betting and gaming-related goods and services after the EU Intellectual Property Office declared its established logo invalid. In a decision dated 18 June, the EUIPO Cancellation Division ruled that the “sportingbet” mark, filed in 2003 and registered in 2005, was descriptive and lacked distinctive character for […]
Key Points Austria’s coalition government has passed a draft law that ends Win2Day’s longstanding online casino monopoly, with the market set to open to multiple licensed operators from October 2027. Operators that took bets from Austrian players without a local licence during the 18 months before market opening will face a temporary bar on applying; […]
Key Points Thailand’s Ministry of Digital Economy and Society blocked 13,888 gambling-related websites, social media pages and URLs between 1 and 18 June 2026. The operation used artificial intelligence and ran under direct orders from Prime Minister Anutin Charnvirakul. On 20 June 2026, Thai authorities arrested the administrator of PHAYAK789, an illegal gambling website that […]
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