🔪 Philippine President Ferdinand Marcos Jr. Announces the Shutdown of the Offshore Gaming Industry (POGO)
The cleanup will be carried out by PAGCOR, the local gambling regulator, by the end of the year. This move was expected, as the offshore gambling sector had been involved in major scandals related to financial fraud, money laundering, prostitution, kidnapping and human trafficking, torture, and murder.
⌨️ Germany Bans Streamers from Advertising Gambling
According to the regulator GGL, promoting gambling through streaming is particularly appealing to minors.
✍🏼 Montenegro to Reconsider the Ban on Electronic Payments in Gambling Introduced Earlier This Year
Currently, players are forced to fund their betting accounts with cash and through special terminals. The Betting Industry Trade Association, Montenegro Bet, prompted a reevaluation of the law’s effectiveness. They created a petition signed by 25,000 people.
Stay tuned for the latest regulatory news from the world of gambling! 📰✨