Brazil Decree Freezes Illegal Betting Funds Within 48 Hours
Brazil has signed a decree requiring banks and fintechs to freeze funds linked to illegal betting within 48 hours. Financial institutions may face joint liability for related transfers.
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Minnesota Opposes CFTC Injunction Over Prediction Market Law
Minnesota’s attorney general has filed a memorandum opposing a CFTC motion to block the state’s prediction market statute. The dispute centers on regulatory authority.
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NCAA Bans Adam Njie Jr. Over Alleged Game-Fixing Links
The NCAA ruled former Iona guard Adam Njie Jr. permanently ineligible over alleged betting-related violations tied to a broader federal investigation.
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iGaming News | Legal | Regulation | Security
Former Star Executives Fined and Banned by Federal Court
Australia’s Federal Court fined and disqualified two former Star Entertainment executives for breaches of duty tied to risk oversight. The action follows civil proceedings brought by ASIC.
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SkyCity to Pay A$21 Million in South Australia Settlement
SkyCity has reached an in-principle A$21 million settlement with South Australia’s gambling regulator following a multi-year review. The agreement includes governance reforms and new compliance measures at SkyCity Adelaide.
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SkyCity Adelaide to Pay AU$21m Fine After Regulatory Review
SkyCity Adelaide has agreed to a proposed AU$21 million fine and enhanced compliance measures after a regulatory review found systemic AML and governance failings.
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Federal Judge Denies Polymarket Injunction in Michigan Case
A US District Judge rejected Polymarket’s request for a preliminary injunction against Michigan sports betting restrictions. The state’s rules remain in effect.
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Chicago Rejects Sweepstakes Ban as VGT Debate Intensifies
Chicago City Council voted 33-15 against banning sweepstakes machines, leaving about 7,000 devices in operation. The decision comes amid ongoing disputes over VGT expansion and Bally’s casino plans.
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Ireland Classifies Most Gambling as Low Financial Crime Risk
Ireland has downgraded the overall financial crime risk of its gambling sector, though remote bookmakers and private members clubs remain classified as significant money laundering risks.
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FATF Grey List Update Raises Compliance Pressure on Gambling Operators
FATF placed Kuwait and Papua New Guinea on its grey list in February 2026. The decision increases indirect compliance and payment pressure on gambling operators.
