Regulatory news. Week №14

🇧🇷 Brazil: 3 Oaks Gaming has received certification to enter the Brazilian iGaming market, allowing the company to offer its gaming products in compliance with local regulatory requirements.

🇬🇭 Ghana: President John Dramani Mahama signed a law repealing the 10% tax on betting and lottery winnings introduced two years ago, aiming to boost participation in gambling activities.

🇭🇰 Hong Kong: The government has launched public consultations on the legalization of basketball betting, aiming to expand the list of permitted sports wagers, which currently includes only horse racing and football.

🇧🇷 Brazil: New restrictions have been introduced in the gambling market as part of updated regulatory frameworks, including a ban on bonuses and stricter advertising requirements to protect consumers and prevent gambling addiction.

🇺🇸 USA (Illinois): The Illinois Gaming Board issued cease-and-desist orders to Kalshi, Robinhood, and Crypto.com over their sports contract offerings, citing non-compliance with local regulatory requirements.