Singapore recorded a significant increase in betting-related tax revenue during the financial year ended March 31, 2026, with collections rising 11.9 percent year on year to SG$3.6 billion (US$2.84 billion). The figure compares with SG$3.2 billion (US$2.53 billion) collected in the previous financial year and represents faster growth than Singapore’s overall tax revenue, according to the annual report of the Inland Revenue Authority of Singapore (IRAS), released on September

Ukraine has linked 28 of the country’s 31 licensed gambling operators to a new state monitoring platform intended to provide regulators with access to detailed, transaction-level information from the regulated gambling market. The State Online Gambling Monitoring System is currently operating in pilot mode, with participating operators transmitting data to the platform through application programming interfaces (APIs). The system’s first rollout involved 11 operators earlier

Canada’s financial intelligence regulator has imposed administrative monetary penalties totaling C$631,538.50 on two provincial gaming corporations after compliance examinations identified failures in their anti-money-laundering controls. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) took enforcement action against Nova Scotia Gaming Corporation and New Brunswick Lotteries and Gaming Corporation over deficiencies involving suspicious transaction r

A New Hampshire man has been federally indicted over allegations that he operated an unregistered money-transmitting business that moved more than $25 million between the United States and Yemen over a period of several years. Ramzi Al-Shawafi, 47, of Chichester, New Hampshire, is accused of operating a broker-based remittance network that relied on numerous bank accounts maintained at multiple financial institutions. According to federal prosecutors, the accounts were held i