Kyle Goldsmith

1 week ago | ggbnews.com | Kyle Goldsmith

Brazil Sports Commission Raises Concerns Over Ad RegulationsThe Brazil Sports Commission (CEsp) expressed concerns about existing betting advertising regulations during a hearing on two proposed bills that aim to impose further marketing restrictions. On April 9, CEsp met to discuss two new bills (PL 2,985/2023 and PL 3,405/2023), introduced in response to concerns the current regulations issued by the Secretariat of Prizes and Bets (SPA) may not adequately protect consumers.

1 week ago | igamingbusiness.com | Kyle Goldsmith

The UK Gambling Commission has clarified the rates each licensee will have to pay for the new statutory levy, which the government hopes will raise £100 million (€115.3 million/$130.7 million) for harm prevention against gambling. The UK statutory levy came into effect on 6 April, having been included in the previous government’s Gambling Act white paper in 2023 with the belief operators weren’t paying their fair share to support gambling harms under the voluntary levy.

1 week ago | isa-guide.de | Kyle Goldsmith

The UK Gambling Commission has clarified the rates each licensee will have to pay for the new statutory levy, which the government hopes will raise £100 million (€115.3 million/$130.7 million) for harm prevention against gambling. The UK statutory levy came into effect on 6 April, having been included in the previous government’s Gambling Act white paper in 2023 with the belief operators weren’t paying their fair share to support gambling harms under the voluntary levy.

2 weeks ago | igamingbusiness.com | Kyle Goldsmith

The Brazil Sports Commission (CEsp) raised concerns over current regulations on betting advertising in a hearing discussing two bills that would further restrict marketing. CEsp met on Wednesday (9 April) to discuss the two news bills (PL 2,985/2023 and PL 3,405/2023), in response to fears the current rules set out by the Secretariat of Prizes and Bets (SPA) are not sufficiently protecting consumers.

2 weeks ago | igamingbusiness.com | Kyle Goldsmith

Gabriel Galípolo, president of the Central Bank of Brazil, told the Parliamentary Inquiry Commission (CPI) on betting this week the bank doesn’t hold the necessary powers to block illegal sites. In a meeting of the CPI on Tuesday (8 April), Galípolo was questioned about the Central Bank’s ability to sanction internet providers and payment institutions facilitating illegal betting in Brazil.