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UK Society Lotteries Surge Amid Illegal Lottery Crackdown
UK society lotteries have surpassed £1 billion in contributions for a second year, driven by digital growth. At the same time, regulators are intensifying enforcement against illegal online lotteries and unlicensed prize draw schemes targeting consumers.
Prediction Markets Rise in Australia Gambling Debate
Prediction markets are gaining traction in Australia as platforms like Kalshi and Polymarket allow trading on political and economic outcomes. The trend is raising regulatory concerns over whether these products should be classified as gambling or financial instruments.
Playnetic Launches Casino Content with Stake
Playnetic has officially launched its casino games with Stake, expanding global reach with immersive titles including Joxer, Patrick vs Joker, and Ghostlight Manor.
Lula Pushes for Stricter Betting Ad Rules
President Luiz Inácio Lula da Silva said Brazil plans to tighten restrictions on online betting advertisements while increasing oversight of the regulated gambling market.
Fitch Downgrades SJM Holdings to B+
Fitch Ratings lowered SJM Holdings’ credit rating to B+ due to weaker EBITDA expectations, declining Macau market share, and continued pressure on Grand Lisboa Palace performance.
PAGCOR Sets Final B2B Accreditation Deadline
PAGCOR confirmed 31 July 2026 as the final deadline for B2B providers to complete accreditation, warning non-compliant suppliers face decommissioning from August.
Indonesia Blocks Polymarket Over Gambling Concerns
Indonesia’s Communication and Digital Affairs Ministry blocked access to Polymarket, describing the prediction market platform as an online gambling service operating through speculative betting activities.
Caixa Commits BRL40m to Brazilian Olympic Body
Caixa Econômica Federal will contribute BRL40 million annually to the Brazilian Olympic Committee under Brazil’s newly introduced Olympic Sponsorship Program.
Genting Malaysia Reports Q1 2026 Net Loss
Genting Malaysia reported a Q1 2026 net loss despite higher revenue growth, as expansion and financing costs related to RWNYC weighed on profitability.
South Korea Reviews Polymarket Legality
South Korean regulators are reviewing Polymarket to determine whether the crypto-based prediction market platform qualifies as illegal gambling under local law.
Rio Prosecutors Challenge VLT Betting Decree
Rio de Janeiro prosecutors have challenged a state decree allowing electronic betting terminals, arguing the regulation exceeds Brazil’s federal gambling laws.
Costa Rica Introduces New Gambling Reform Bill
Costa Rica has introduced a new gambling reform proposal aimed at modernizing regulations, strengthening oversight, and targeting illegal online betting structures.