🇦🇹 Austria May Abandon iGaming Monopoly and Move to a Competitive Licensing System
Austria is considering abandoning its current state monopoly model for iGaming and transitioning to a competitive licensing framework. One of the proposed requirements for grey-market operators seeking entry into the new regulated system would be the settlement of all outstanding player disputes before obtaining a license. Read more
🇦🇷 Argentina Prepares Tough Sanctions Against Illegal iGaming Operators and Facilitators
Argentina is discussing a new bill that would introduce penalties of up to six years in prison for individuals organizing illegal iGaming operations. In addition, fines are proposed for any parties that facilitate or support grey-market gambling websites. Read more
🇨🇩 DR Congo Plans to Launch a National Gambling Market Monitoring Platform
The Democratic Republic of Congo is considering the launch of a centralized government platform to monitor the gambling market. The initiative comes amid concerns that, despite the industry's estimated turnover reaching up to $1.7 billion, industry media reports suggest that only around $1 million currently reaches the state budget. Read more
🇧🇷 Brazil Wants Banks to Report Gambling Transactions Monthly
Brazil is advancing a proposal that would require banks to submit monthly reports to the government on gambling-related transactions. The reports would include transaction volumes, the number of player accounts, details of internal control measures, and information on blocked or declined transactions. Read more
Austria is considering abandoning its current state monopoly model for iGaming and transitioning to a competitive licensing framework. One of the proposed requirements for grey-market operators seeking entry into the new regulated system would be the settlement of all outstanding player disputes before obtaining a license. Read more
🇦🇷 Argentina Prepares Tough Sanctions Against Illegal iGaming Operators and Facilitators
Argentina is discussing a new bill that would introduce penalties of up to six years in prison for individuals organizing illegal iGaming operations. In addition, fines are proposed for any parties that facilitate or support grey-market gambling websites. Read more
🇨🇩 DR Congo Plans to Launch a National Gambling Market Monitoring Platform
The Democratic Republic of Congo is considering the launch of a centralized government platform to monitor the gambling market. The initiative comes amid concerns that, despite the industry's estimated turnover reaching up to $1.7 billion, industry media reports suggest that only around $1 million currently reaches the state budget. Read more
🇧🇷 Brazil Wants Banks to Report Gambling Transactions Monthly
Brazil is advancing a proposal that would require banks to submit monthly reports to the government on gambling-related transactions. The reports would include transaction volumes, the number of player accounts, details of internal control measures, and information on blocked or declined transactions. Read more