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Brazil's Emerging Potential in the Igaming Industry: A Market Overview
Brazil's potential to become a major powerhouse in the igaming industry is highlighted in a comprehensive market report titled 'igaming...
Flexi Group
Jul 28, 20232 min read
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GB Gambling Commission Initiates Consultation Process for Gambling Act Review Proposals
The GB Gambling Commission has taken a significant step in the Gambling Act review by launching the consultation process, as outlined in...
Flexi Group
Jul 27, 20232 min read
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Brazil Legalizes Sports Betting After Years of Delays
After years of delays, sports betting has finally been legalized in Brazil. President Luiz Inácio Lula da Silva signed the Provisional...
Flexi Group
Jul 26, 20233 min read
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Troubled Sportsbook Operator PlayUp Faces Financial Difficulties in the US and Australia
PlayUp, a sportsbook operator, is currently experiencing significant challenges in both its native Australia and the US market, with...
Flexi Group
Jul 25, 20233 min read
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Greece Raises €3.5 Billion in Successful 15-Year Bond Issue
Greece has achieved a successful return to the capital markets with its completion of a 15-year syndicated bond issue, raising €3.5...
Flexi Group
Jul 24, 20232 min read
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Altice International Suspends Staff Amid Corruption Probe
Altice International has taken swift action in response to an ongoing investigation into alleged corruption, tax fraud, and money...
Flexi Group
Jul 21, 20232 min read
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China Dismantles Massive Illegal Gambling Network, Seizes $160 Million in Cryptocurrency
China has successfully dismantled a massive international gambling network operating outside its borders, following an extensive two-year...
Flexi Group
Jul 20, 20232 min read
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BaFin Extends Measures to Prevent Money Laundering at N26, Europe's Fintech Giant
German financial regulator BaFin has announced the extension of its measures aimed at preventing money laundering at N26, one of Europe's...
Flexi Group
Jul 19, 20231 min read
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Experts and Academics Criticize Gambling White Paper and Advocate for Independent Policymaking
The ongoing gambling reform inquiry witnessed the testimony of several prominent academics and specialists who shared their perspectives...
Flexi Group
Jul 19, 20232 min read
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Rival Banks Poach Over 120 Senior Investment Bankers from Credit Suisse Amidst Takeover by UBS
Credit Suisse has witnessed a significant exodus of senior investment bankers as rival financial institutions seize the opportunity to...
Flexi Group
Jul 18, 20231 min read
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UK Gambling Commission Investigates 888 Holdings Amidst Stake Acquisition and CEO Proposal
The UK Gambling Commission (UKGC) has launched an investigation into 888 Holdings' GB license after FS Gaming, an investment vehicle...
Flexi Group
Jul 18, 20232 min read
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UKGC Fines Star Racing Limited £594,000 for AML and Social Responsibility Failures
Star Racing Limited, trading as Star Sports, has been fined £594,000 (€693,794) by the UK Gambling Commission (UKGC) due to failures in...
Flexi Group
Jul 17, 20231 min read
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Gambling Regulators Impose Fines of €75.2 Million in H1 2023, Crown Resorts Penalty Pending
In the first half of 2023, gambling regulators across Europe, North America, and Australia have collectively issued fines totaling €75.2...
Flexi Group
Jul 14, 20232 min read
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Cyprus Property Market Faces Challenges from Rising Interest Rates and Construction Costs
The property market in Cyprus experienced a decline during the second quarter of 2023, with properties sold reaching a total value of...
Flexi Group
Jul 13, 20232 min read
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Central Procurement and EU VAT: Navigating Tax-Neutral Invoicing
The use of central procurement functions by multinational enterprises (MNEs) is common practice, offering advantages such as stronger...
Flexi Group
Jul 12, 20233 min read
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Supreme Court to Hear Case on Burden of Proof for Whistleblowers Reporting Internal Misconduct
The U.S. Supreme Court has agreed to hear arguments in a case that has brought attention to the burden of proof faced by whistleblowers...
Flexi Group
Jul 12, 20232 min read
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Crown Resorts Ordered to Pay AU$450 Million Penalty for Breaching Anti-Money Laundering Laws
Crown Resorts, the prominent land-based casino operator in Australia, has been handed a hefty penalty of AU$450 million (£233...
Flexi Group
Jul 12, 20233 min read
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India's Esports Industry Flourishes, Expected to Reach 2.5 Million Players by 2023
The Indian Esports industry has experienced remarkable growth in recent years, transforming into a multi-billion-dollar sector driven by...
Flexi Group
Jul 11, 20232 min read
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UK Gambling Commission Announces Release of Consultations on Gambling Act Review
The Gambling Commission of the UK has revealed its plans to publish the initial four consultations from the Gambling Act review white...
Flexi Group
Jul 10, 20232 min read
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PwC Australia Faces Further Setback as UniSuper Suspends Dealings Amid Tax Leak Scandal
UniSuper, the fourth-largest pension fund in Australia, announced on July 4 that it has suspended its dealings with PwC, becoming the...
Flexi Group
Jul 7, 20231 min read
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