Two industry-funded studies have reached strikingly different conclusions about the size of Europe’s illegal online gambling market, highlighting the challenges involved in assessing activity that takes place beyond regulated gambling systems. Research commissioned by Euromat estimates that Europe’s illegal gambling market generated €12bn (US$13.94bn) in net revenue in 2025. According to the study, the market has tripled in value since 2019 and accounted for roughly 25% of Eu

Polish Prime Minister Donald Tusk has urged the European Union to give serious consideration to introducing a gambling tax at EU level as the bloc explores new revenue streams for its next long-term budget. Tusk raised the proposal after a meeting of Visegrad Group leaders in Bratislava, where European Union budget priorities for the 2028–2034 period were discussed. During the talks, the Polish prime minister argued that efforts to secure additional funding for the EU should

A Colombian national has been indicted in the United States over an alleged money-laundering conspiracy involving approximately $135 million in suspected narcotics proceeds, shell-company bank accounts, cryptocurrency exchanges, stablecoins and 207 Colombian bank accounts. William Andres Holguin Mendez, 40, was charged in a single-count federal indictment returned by a grand jury in Greenville, South Carolina. According to the indictment, the alleged scheme involved the movem

Singapore Police are investigating 254 people following a two-week islandwide enforcement operation targeting individuals suspected of involvement in scams either as scammers or money mules. The operation was conducted between 27 August and 9 September 2026 by officers from the Singapore Police Force's Cyber Command and all seven Police Land Divisions. The 254 people comprise 151 men and 103 women aged between 15 and 79. They are believed to be connected to more than 652 repo