Sports Betting – Page 18 – Highly Aligned Leaders in Legal Operations

Brazil Regulates Sports Betting, Taxes Companies Amid Scandal

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By: The HALLO ECHO

July 31, 2023

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The Brazilian government has issued a provisional decree on Tuesday to authorize sports betting and tax companies’ revenues by 18%. The move comes amid a sprawling investigation that ensnared dozens of players in a match-fixing scandal. President Luiz Inacio Lula da Silva’s decree was sent to congress, which needs to vote on it on…

BetDEX Announces New Licensing and Regulation in Ireland

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By: The HALLO ECHO

July 25, 2023

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BetDEX Labs Inc. (BetDEX) announced that the BetDEX Exchange has received a remote betting intermediary license in Ireland. The license, effective as of July 1, fully approves the BetDEX Exchange to offer all forms of online sports betting in Ireland and establishes a presence in the European Union as the Exchange continues to expand…

Betway Joins EGBA’s Anti-Money Laundering Guidelines

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By: The HALLO ECHO

July 21, 2023

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Betway has become the first brand outside of EGBA’s membership to sign up to the organisation’s pan-European guidelines on anti-money laundering. The European Gaming and Betting Association (EGBA) is pleased to announce that leading global online betting and gaming brand Betway has joined its pan-European anti-money laundering guidelines. By signing up to the initiative, Betway underlines its commitment to combatting money…

IBIA reports 50 suspicious betting alerts in Q2 2023

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By: The HALLO ECHO

July 19, 2023

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The International Betting Integrity Association’s (IBIA) integrity report for the second quarter (Q2) details 50 incidents of suspicious betting activity reported to the relevant authorities. The Q2 2023 total is an increase of 4% on the revised Q1 figure of 48 alerts and is a decline of 44% on the 90 alerts reported in Q2…

Kentucky Sports Betting Will Start in September

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By: The HALLO ECHO

July 12, 2023

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Kentuckians will be able to start making sports bets in less than 60 days. Governor Andy Beshear, lawmakers, and the Kentucky Horse Racing Commission joined together in making the announcement on Monday. Members of the Kentucky Horse Racing Commission voted unanimously in support of regulations that will govern sports betting, which were signed at…

Arizona Department of Gaming to Accept Applications for Event Wagering Licenses

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By: The HALLO ECHO

July 7, 2023

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The Arizona Department of Gaming (ADG) announced that it will begin accepting applications for event wagering licenses in August. Pursuant to A.R.S. § 5 -1304 and A.A.C. R19-4-105 and 106, ADG will accept applications for one event wagering license reserved for Arizona Tribes and two event wagering licenses reserved for Arizona Sports Franchises, as…