Authorities in Brazil have intensified their crackdown on unauthorized betting-related services by banning 27 operators that were functioning under so-called “prediction market” business models. The decision follows an investigation by the country’s Ministry of Finance, which concluded that the platforms were effectively offering unlicensed betting products while presenting themselves as investment or financial derivative services. According to officials, the prohibited c

Australia’s financial intelligence regulator, the Australian Transaction Reports and Analysis Centre, has launched a formal enforcement investigation into wagering giant Tabcorp following the discovery of significant anti-money laundering compliance concerns. The investigation marks another major escalation in the regulatory crackdown on Australia’s gambling industry, where authorities have intensified scrutiny of operators accused of failing to prevent the movement of illi