Brazil’s Legalization, ACMA’s Crackdown, and UK Election Bets
Published: June 24, 2024 | Author: Ron Clarke
This week, our weekly global regulatory recap for the period ending June 21, 2024, covers several significant developments in the global gambling regulatory landscape across various countries. Here’s an overview of these key events:
Brazil Moves Closer to Legalizing Casinos and Bingo
In a significant development on June 19, 2024, Brazil’s Justice and Citizenship Commission (CCJ) approved a bill that would legalize casinos, bingo, and betting on horse racing within the country. The bill now moves to the senate plenary for further votes, signaling a potential overhaul in Brazil’s gambling regulations. This legislative progress is part of Brazil’s broader efforts to regulate and capitalize on its gambling market, promising economic benefits and increased tax revenues.
ACMA Expands Blocking of Illegal Gambling Sites in Australia
On June 20, the Australian Communications and Media Authority (ACMA) has taken further action against illegal gambling operations by ordering the blocking of three offshore gambling websites. The sites, identified as A Big Candy, Jackpoty, and John Vegas Casino, were found to be in violation of the Interactive Gambling Act 2001. ACMA’s ongoing efforts have now resulted in nearly 1,000 websites being blocked since 2019, emphasizing its commitment to protecting Australian consumers from unregulated online gambling.
UK Gambling Commission Investigates Election Betting Offences
The UK Gambling Commission (UKGC) confirmed on June 20, 2024, that it is investigating potential offences related to betting on the upcoming general election. The investigation was initiated following suspicions of insider betting by a Conservative candidate and a Metropolitan Police officer, highlighting concerns over the misuse of confidential information in gambling. This investigation underscores the UKGC’s role in overseeing election betting and maintaining integrity within the gambling sector.
These updates reflect ongoing efforts by regulatory bodies worldwide to manage and adapt to the complexities of the gambling industry, ensuring compliance, consumer protection, and ethical gambling practices.
At Casin.com, we will continue to monitor these developments to bring you the latest news and insights from the global regulatory landscape.
