NetBet ordered to pay £650,000 for UK AML and responsibility failures Summary The Gambling Commission has ordered NetBet Enterprises Limited to pay £650,000 after finding multiple anti-money laundering (AML) and social responsibility failures between November 2023 and July 2024. The settlement means funds will go to socially responsible causes and the operator must also fund […]
Over a quarter of Bolsa Família funds spent on betting in January, ahead of Brazil ban Summary Beneficiaries of Brazil’s Bolsa Família programme spent BRL3.7 billion on betting in January — about 27% of benefit payments that month, according to a Federal Court of Accounts (TCU) study. The TCU analysed transfers and data from the […]
Kambi adds PAM platform with OMEGA Systems acquisition deal Summary Kambi Group has agreed to acquire the source code for a player account management (PAM) platform from OMEGA Systems. The financial terms were not disclosed. Kambi says it selected OMEGA after a rigorous RFP process and will initially target the Nevada sports-betting market, where it […]
Brazil: Definitive vote looms of gambling taxes Summary The Brazilian Senate is due to deliver a decisive vote on Bill No. 5,473/2025 which would double the gross gaming revenue (GGR) tax on licensed betting operators from 12% to 24% and raise the Social Contribution on Net Profit (CSLL) for fintechs from 9% to up to […]
KSA Chair: Suicide prevention key to Dutch gambling reform Published: 2025-11-05T14:59:19+00:00 Author: Ted Menmuir Source image: Summary Kansspelautoriteit (KSA) chairman Michel Groothuizen says suicide prevention must be central to redesigning the Netherlands’ gambling regime. After meeting Anonieme Gokkers (Gamblers Anonymous NL), he highlighted 113 suicides directly linked to gambling debt and cited research showing gamblers […]
Longest U.S. government shutdown sends shockwaves through the gaming industry | Yogonet International Summary The US federal government shutdown has passed 35 days, making it the longest modern-era funding lapse. Around 900,000 federal employees are furloughed and roughly 2 million are working without pay. The closure is already denting travel, consumer discretionary spending and regulatory […]
Sportradar profit down in 3Q25 despite 11% revenue increase from betting segment | AGB Summary Global sports technology firm Sportradar reported a mixed 3Q25: profit fell to €22m from €37m a year earlier, even as group revenue rose 14% to €292m. The Betting & Gaming Content segment produced €176.47m (up 8%), while Betting Technology & […]
China to execute Myanmar casino mafia leaders in major scam crackdown | AGB Summary China’s Shenzhen Intermediate People’s Court has sentenced five leading members of a Myanmar-based criminal clan — including Bai Suocheng and his son Bai Yingcang — to death for crimes including fraud, homicide and intentional injury. Twenty-one other members of the Bai […]
Greg Brockman: The Builder Behind OpenAI’s Billion-Dollar AI Infrastructure Race Summary Greg Brockman, OpenAI co-founder and President, is driving the company’s pivot from a research-first lab to a global infrastructure organisation. The article outlines how Brockman is building the compute backbone — high-density data centres, specialised chips and multi-cloud partnerships — that will determine who […]
Nevada Democrats demand answers about renewed nuclear testing Summary Nevada’s congressional Democrats have pressed the White House for clarity after President Trump called for renewed nuclear testing. Lawmakers — led by Sen. Jacky Rosen and joined by Sen. Catherine Cortez Masto and Reps. Steven Horsford, Susie Lee and Dina Titus — sent a letter demanding […]
