gambling
🔠The President of the Philippines 🇵🇭 Announces a Complete Ban on POGOs Paid Members Public
🔠The President of the Philippines 🇵🇭 Announces a Complete Ban on POGOs In response to recent scandals and as part of a crackdown on foreign criminal syndicates (primarily Chinese), Ferdinand Marcos Jr. has decided to shut down these operations. 🔠 Let's clarify what a “POGO” is. These are offshore gaming
💃Spain🇪🇸: In 2023, online gambling recorded the highest number of digital transactions. Paid Members Public
💃Spain🇪🇸: In 2023, online gambling recorded the highest number of digital transactions. The study was conducted by Spain's National Commission on Markets and Competition (CNMC). ➡️ Overall, e-commerce in Spain experienced significant growth: last year, the turnover increased by 16% and successfully reached 22.707 billion euros (24.526
🐒Brazil🇧🇷: Pay4Fun partners with BIG Brazil, the operator of the major sports club “Caesars Sportsbook” Paid Members Public
🐒Brazil🇧🇷: Pay4Fun partners with BIG Brazil, the operator of the major sports club “Caesars Sportsbook” The main focus of this partnership is leveraging advanced technologies in the regulated betting market. ➡️ For partners, Pay4Fun offers KYC compliance, enhanced cybersecurity measures, and a framework for regular audits. ➡️ Who is Big Brazil? Caesars
📢Mexico🇲🇽: Belatra Games, an online slots developer, has announced a partnership with the online gaming operator Betmexico. Paid Members Public
📢Mexico🇲🇽: Belatra Games, an online slots developer, has announced a partnership with the online gaming operator Betmexico. The goal is to establish a strong presence in the Latin American market. ➡️ Key Takeaway: A platform for online casinos and sports betting, offering a wide range of slots and games that cater
⛔️Uruguay🇺🇾: The Central Bank increases control over financial transactions in the gambling sector. Paid Members Public
⛔️Uruguay🇺🇾: The Central Bank increases control over financial transactions in the gambling sector. Illegal betting, be gone❗️ The new regulatory framework (Article 171.1) — not exactly new… it already applies to institutions issuing electronic money (IEDE). Now, however, it will extend to payment and collection service providers. ➡️ The regulation focuses
⚡️Argentina🇦🇷: 275,000 USD confiscated following an investigation revealing 110 illegal gambling platforms. Paid Members Public
⚡️Argentina🇦🇷: 275,000 USD confiscated following an investigation revealing 110 illegal gambling platforms. The specialized cybercrime investigation unit (Ufeic) focused its searches on social networks. ➡️ Tags such #casino, #casinovirtual, #juegosonline, #apuestasonline, #casinoonline, #slots were identified on Instagram. The regulator deemed these as advertising for unlicensed operators, classifying them as criminal
😱 Argentina🇦🇷: The operation at the clandestine casino 'Vulkano' ends with the arrest of the owner and the seizure of slot machines. Paid Members Public
😱 Argentina🇦🇷: The operation at the clandestine casino 'Vulkano' ends with the arrest of the owner and the seizure of slot machines. On Saturday night, the police dismantled an establishment called "Vulkano Ciber Club", located in the heart of Buenos Aires, right in front of the municipality.
💰Brazil🇧🇷: Congress overturns President Lula's "veto" and exempts betting winnings up to $440 from income tax Paid Members Public
💰Brazil🇧🇷: Congress overturns President Lula's "veto" and exempts betting winnings up to $440 from income tax This scenario illustrates the proper functioning of democracy, where the regulator had to make concessions. ➡️ Previously, the so-called "veto" was imposed on the corresponding section of Law 14,