Day: 21 July 2026

Key Moments: PAGCOR has ordered Philippine casinos to strengthen AML and CTF efforts after its 2021-2024 sector review. The assessment identified money laundering as a high risk. Meanwhile, terrorism financing remains a medium-high risk. Future inspections will check whether casinos apply risk assessments in their daily compliance procedures. Regulatory Push for Stronger AML Defenses PAGCOR has instructed licensed Philippine casinos to increase efforts against money laundering and terrorism financing. The directive follows a detailed review from 2021 to 2024. The assessment found that casinos remain highly exposed to money laundering…

Key Moments: A King County Superior Court granted Washington a preliminary injunction against Kalshi on Monday. However, the court delayed enforcement until at least August 5 while both sides submit proposed terms. Meanwhile, similar legal actions have led courts in Massachusetts, Nevada, and Michigan to issue preliminary injunctions against Kalshi. Preliminary Injunction Limits Kalshi’s Activities in Washington A King County Superior Court judge issued a preliminary injunction in Washington’s case against Kalshi, the prediction market operator. The judge found that Washington has a strong chance of winning the case. The…