Financial Crime Unveiled: Officer Sells $1.3M in Gold Bars to Fund Gambling Habit

Financial Crime Unveiled: Officer Sells $1.3M in Gold Bars to Fund Gambling Habit

Key Moments: AUSTRAC intelligence initiated a probe that exposed gold laundering tied to a gambling addiction. A NSW police officer sold over $1,300,000 in family gold bars, using falsified forms and misleading claims. The officer resigned and has been referred to the Department of Public Prosecutions after Operation Dartmoor’s findings. Investigation Initiated by AUSTRAC AUSTRAC’s monitoring identified suspicious activity after transactions involving significant gold sales raised concerns. Some of these sales were traced to a bullion dealer flagged for reported money-laundering connections, leading to the launch of Operation Dartmoor. Law…

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UK Horse Racing Faces Historic Nationwide Halt Amid Tax Hike Plans

UK Horse Racing Faces Historic Nationwide Halt Amid Tax Hike Plans

Key Moments: British horse racing will suspend all events for one day as stakeholders lobby Parliament in response to a planned increase in remote betting tax rates. The proposed tax change would elevate the rate from 15 percent to 21 percent, with industry leaders warning of the potential loss of thousands of jobs and an annual income drop of at least £66 million. The nationwide stoppage and accompanying campaign, called ‘Axe the racing tax,’ is expected to cost the industry approximately £200,000 in just one day. Industry Mobilizes to Oppose…

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Portugal’s Gaming Sector Surges to €287 Million with Digital Expansion and Crackdown Intensification

Portugal’s Gaming Sector Surges to €287 Million with Digital Expansion and Crackdown Intensification

Key Moments: Portugal posted €287 million in gross gaming revenue in Q2 2025, reflecting 9.6% growth versus Q2 2024. Games of fortune produced €177.8 million in revenue, outpacing sports betting and rising 12.2% year-on-year. Self-exclusion registrations climbed 27% to 326,400 as authorities blocked 110 unauthorized sites during the quarter. Market Performance Drives Industry Dynamics The Gaming Regulation and Inspection Service (SRIJ) reported that Portugal’s gross gaming revenue for Q2 2025 reached €287 million ($316 million), a 9.6% increase from the same period in 2024. This growth was achieved with seventeen…

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High Roller Technologies Unveils Kassuuu.com with Rapid Flows Product Integration

High Roller Technologies Unveils Kassuuu.com with Rapid Flows Product Integration

Key Moments: Kassuuu.com, a Finnish online casino brand from High Roller Technologies, has gone live with Flows, FlowsJackpots, and FlowsWave. The full technical integration and launch were completed in less than a week. FlowsJackpots and FlowsWave enabled the deployment of over 200 flows, including branded jackpots and real-time pop-ups, without developer involvement. Efficient Launch Powered by Flows Product Suite High Roller Technologies has successfully launched Kassuuu.com, an online casino brand tailored to the Finnish market, utilizing the Flows platform. The integration included Flows, FlowsJackpots, and FlowsWave, enabling the operator to…

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Slovenia’s Gambling Market: Balancing Regulation, Entertainment, and Responsibility

Slovenia’s Gambling Market: Balancing Regulation, Entertainment, and Responsibility

Key Moments: Slovenia developed a regulated gambling environment based on the 1995 Gaming Act The Ministry of Finance and the Gaming Inspection Office oversee the sector and enforce compliance Casinos, sports betting, lotteries, and licensed online gambling serve both residents and visitors Regulatory Structure and Oversight Slovenia has established a structured approach to gambling regulations, anchored by the 1995 Gaming Act. This legislation aims to make gaming fair, transparent, and addresses issues such as problem gambling. Responsibility for oversight falls to the Ministry of Finance, while the Gaming Inspection Office…

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Cloudbet Unveils Global Crypto Betting Preferences for August–September 2025

Cloudbet Unveils Global Crypto Betting Preferences for August–September 2025

Key Moments: Cloudbet’s first Snapshot analyzes crypto betting across 12 major competitions between August and September 2025 Soccer led global crypto betting activity at 57.1%, but tennis and MLB showed strong international engagement Argentina’s Liga Profesional de Fútbol gained substantial traction outside Latin America, with notable shares in Europe and Asia/Middle East Inaugural Cloudbet Snapshot Delivers Regional Insights Cloudbet, a crypto sportsbook and casino, has released its initial edition of the Cloudbet Snapshot: Regional Crypto Betting Trends. This new report series highlights how bettors from various regions interact with sports…

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PG Soft to Serve as Premier Sponsor at Upcoming SBC Summit in Lisbon

PG Soft to Serve as Premier Sponsor at Upcoming SBC Summit in Lisbon

Key Moments: PG Soft has secured the Gold Headline Sponsorship for the Sports Betting, Casino & iGaming Zone at the SBC Summit in Lisbon. The SBC Summit is scheduled to take place from September 15 – 18 at the Feira Internacional de Lisboa and MEO Arena. This year’s SBC Summit is projected to grow by 20% in both ticket sales and venue size compared to the previous edition. PG Soft’s Strategic Commitment to Industry Visibility PG Soft, a leader in digital mobile gaming, has announced its role as the Gold…

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German Gambling Regulator Bans Event Contract Betting Platforms Like Polymarket

German Gambling Regulator Bans Event Contract Betting Platforms Like Polymarket

Key Moments: Germany’s gambling authority has warned that social betting platforms remain illegal under local regulations. The GGL has classified non-sports event contracts, such as those offered by Polymarket, as prohibited gambling products. The GGL targets the black market as a primary concern, releasing quarterly reports to monitor trends and enforce compliance. GGL Issues Ban on Social and Event Contract Betting Germany’s Federal Authority of German Gambling (Glücksspielbehörde, GGL) has alerted consumers that social betting platforms do not comply with the rules established by the Fourth Interstate Gambling Market (GlüNeuRStv).…

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Debate Intensifies Over New Zealand’s Proposed Online Casino Regulation

Debate Intensifies Over New Zealand’s Proposed Online Casino Regulation

Key Moments: Critics have pushed for a total ban on gambling advertising and the use of credit cards under proposed online casino legalization in New Zealand. The government’s draft legislation includes a plan to issue up to 15 online casino licenses through a three-stage process, with geoblocking proposed to limit offshore providers. Concerns about declining community funding from pokie revenue and the potential impact on local sports programs have emerged as key issues in the ongoing debate. Proposed Online Casino Legalization Sparks Concerns New Zealand’s plan to legalize and regulate…

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Brazil’s Casino Reform Awaits Senate Decision Amid Booming Sports Betting Sector

Brazil’s Casino Reform Awaits Senate Decision Amid Booming Sports Betting Sector

Key Moments: A bill to legalize casinos and land-based gambling venues has remained in the Brazilian Senate for two years, despite prior approval in the Chamber of Deputies. Proponents claim the measure could attract nearly R$30 billion in investments and generate about two million direct and indirect jobs. Government tax revenue from regulated sports betting reached R$6 billion in the first half of this year. Legislation Stalled Amid Sector Disparities A legislative initiative aimed at allowing casinos, bingo halls, and other brick-and-mortar gambling establishments in Brazil has been inactive in…

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