The Central Bank of Brazil (BCB) yesterday published Resolution BCB No. 569/2026 , which modifies the rules on the exchange of data and information related to evidence of fraud in the financial system. The measure, signed by the Director of Regulation, Gilneu Francisco Astolfi Vivan , modifies BCB Resolution No. 343 , of October 4, 2023, and now includes, among the data to be…
A U.S. Senate subcommittee held a highly anticipated hearing Wednesday to discuss the impact of legal sports betting, though much of the discussion turned to the rise of prediction markets in the space.
The Senate Commerce Subcommittee on Consumer Protection, Technology, and Data Privacy held the hearing to address the impact of sports wagering on America’s amateur and professional sports landscape. The hearing lasted more than two hours, with regulated gaming interests and prediction market proponents facing off via interaction with senators.
The subcommittee discussed the impact of sports betting and prediction markets on the integrity of competition as several major sports leagues and organizations deal with gambling-related issues.
“When Americans watch their favorite sports team, they don’t want to worry about the game being rigged,” said Subcommittee Chair Sen. Marsha Blackburn during the hearing. “They don’t want to worry that their favorite player missed a free throw to make..
The Gambling Commission has confirmed to SBC News that a decision on whether to press ahead with Financial Risk Assessments (FRAs) has not been made.
A meeting was held today (21 May), during which the regulator considered the next steps on rolling out FRAs – the more extensive of the two levels of affordability solution proposed in the Gambling Act review White Paper.
Ahead of the meeting, a plethora of last minute lobbying took place as some industry stakeholders and policymakers effectively viewed 21 May as something of a ‘deadline day’ – one in which FRAs would be confirmed and a plan for implementation announced.
But punters and operators alike will have to wait to find out what conclusion the Gambling Commission has come to as the board “has not yet fully completed its assessment” of the “extensive evidence” provided.
Gambling Commission considering next steps
“The Gambling Commission Board met to consider next steps on Financial Risk Assessments,” a spokesperson for the reg..
The Betting and Gaming Council (BGC) is threatening to launch legal action against the Gambling Commission (GC) if it presses ahead with the implementation of the next phase of affordability checks for players, as it believes one in five customers would be required to provide financial information.
A Commission board meeting is scheduled to take place on Thursday, 21 May 2026, when Financial Risk Assessments (FRAs) could be given the green light as a means of identifying high-spending online gambling players who may be experiencing financial problems and offer them support.
The GC says these assessments would be automatically triggered if certain spending amounts are hit by a customer and would utilise data from credit reference agencies. However, many industry stakeholders believe customers could be reluctant to share their data and may instead wager with black market operators to avoid FRAs entirely.
FRAs are different from Financial Vulnerability Checks (FVCs), which use informa..
TORONTO — Providing opening remarks at SBC Summit Canada, Duncan Hannay, President & CEO, Ontario Lottery and Gaming Corporation (OLG), underpinned that as the Ontario gaming sector continues to evolve, safer gambling must be at the forefront of its focus.
He said that it remains “crucial to our industry’s future sustainability,” specifically at a time when the gaming market is growing and changing faster than ever before.
According to Hannay, the way in which safer gambling is promoted is evolving, with the role of gaming providers being increasingly important to a sustainable sector.
How Ontario is shifting on responsible gaming
For OLG, this has led to a shift in the firm’s approach beyond what would be previously classified as a one-size-fits-all program to focus on more tailored, proactive solutions to reach players at key moments during their iGaming journey.
To bolster this strategy, the group has formed a newly created dedicated Safer Gambling team, which boosts data polic..
The UK’s Gambling Commission has reiterated that its affordability solutions will have little to no impact on the vast majority of British bettors amid a wave of criticism.
Affordability checks, as they colloquially are known though the Commission prefers to avoid this term, have stoked a lot of controversy lately, with the Betting and Gaming Council (BGC) even going as far as to say legal action may be necessary to prevent full implementation.
In a speech this week at the Clarion Payments Providers event, Ian Angus, the Commission’s Director of Policy, reasserted that the planned Finance Risk Assessments (FRAs) are “are not affordability checks by another name”.
“Nor do the proposed thresholds for an assessment limit or cap customer spend,” he said.
Commission stands by affordability numbers
The need for some kind of affordable solution for UK gambling was promoted heavily by those calling for legal reform during the 2020-2023 review of the 2005 Gambling Act.
When the review Whi..
Kalshi and the National Council on Problem Gambling (NCPG) have agreed to a landmark deal, making Kalshi the first prediction market to join the non-profit organization.
On Monday, Kalshi announced plans to invest $2m in the NCPG to support traders’ health and safety across markets in America. The two-year investment is an indication that prediction markets expose consumers to the same risks associated with gambling.
“At Kalshi, we believe in the power of prediction markets, and we are sensitive to the fact that they, like any financial trading products, come with risks,” said Kalshi CEO Tarek Mansour. “As prediction markets continue to evolve, we are deeply committed to setting a new standard for responsible trading by investing in the tools, education, and protections needed to promote healthy participation and customer safety and hope that over time all trading platforms with significant retail participation follow suit.”
The partnership between Kalshi and the NCPG bridges the ga..
There will be growing alarm among online gambling licensees after it emerged that the frequency of affordability checks triggered for UK players could far exceed the estimates laid out in the White Paper.
It was expected that just 3% of players would be subjected to Financial Vulnerability Checks (FVCs); however, the total observed during the initial implementation phase hit 7% – according to an update provided by the Gambling Commission’s senior policy research team of Sarah Webster and Richard Sutcliffe.
Furthermore, it is anticipated that this number will rise further when thresholds for full checks are decreased from £500 to £150.
Insights about light-touch FVCs have been provided by the Gambling Commission (GC), offering information on their impact since their implementation in August 2024, before forecasting what the next steps will be.
Looking ahead, the GC reported positive feedback from the period, but there were also concerns raised over a lack of awareness or clarity ..
Sciensano has reported that risky gambling behaviour in Belgium has remained stable over the past five years, although more than half of the population continues to be exposed to gambling advertising on a weekly basis.
According to the Belgium public health institute’s latest Health Survey, 2.6% of Belgian players currently display risky gambling behaviour, while 0.6% are considered at high risk of problematic gambling activity.
At the same time, the survey found that 52.2% of the Belgian population is exposed weekly to at least one form of gambling advertising via either television, websites or social media platforms.
The research also highlighted the continued dominance of lottery products within the Belgian market, with nine out of 10 Belgian players participating in lottery games.
Exposure to gambling sponsorship appears more mixed. Around one in 10 Belgians reported frequent exposure to sponsorship activity, while four in 10 stated they noticed little or no gambling sponsorshi..
The British government is swinging back the hammer to drive the final nail into the coffin of NHS England, one of three administrative bodies tasked with overseeing funds generated from the statutory levy on gambling harms.
Yesterday, King Charles III delivered his annual speech, outlining the Labour government’s legislative plans for the rest of the year. Of the various bills announced by the King yesterday, the NHS Modernisation Bill was addressed for a forthcoming application.
If approved, the bill will abolish NHS England, a body of the Department of Health and Social Care established by the previous Conservative government to oversee the planning, budgeting and delivery of NHS services across English constituencies and councils.
The abolition of NHS England is nothing new, with Keir Starmer’s government having set out plans to do so over a year ago, the return of the UK’s health service under a streamlined framework to address the nation’s most urgent health needs and region..