
Brazil probes 40 betting accounts over money laundering fears
Brazil is investigating around 40 high-value betting accounts for possible links to money laundering after its nationwide gambling ban.
The companies behind betting: deals, results, launches, jobs & the money, reported from the statements & filings the companies publish.
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Brazil is investigating around 40 high-value betting accounts for possible links to money laundering after its nationwide gambling ban.

Stake Canada plans an Oct 12 launch in Alberta, a day before operators must quit the province's unregulated grey market.

EDGE Markets is rolling out AI agents that let institutions automate prediction market trading within pre-set capital limits.

Kalshi has launched prediction apps with four Native American tribes while hundreds more fight the firm in court over gaming rights.

Informa is buying Clarion Events, the company behind the ICE gaming tradeshow, for $2.97bn.

Fanatics could spend up to $1bn on betting & gaming marketing in 2027 to close the gap with FanDuel & DraftKings.

Maverick Gaming owner Eric Persson has moved to reacquire eight Washington casinos named in closure notices, with about 850 jobs expected to be saved.

Underdog's revenue doubled in Q3 while IG Group's sales are set to fall ahead of its $1.1bn takeover of the firm.

A Caesars Sports customer turned a $1.2m in-game Chiefs bet into a $2.2m payout.

LeBron James will earn $15m a year endorsing Polymarket, nearly four times his 76ers salary, as the platform fights an illegal gambling lawsuit.

Kalshi is supplying CBS News with live prediction market data for its US midterm election coverage.

Kalshi donates $3m to New York charity Housing Works while Governor Hochul sues the prediction market over alleged illegal gambling.