Brazil has suspended 937 social media accounts since the start of 2025 for advertising unlicensed bookmakers. The regulatory measure targets unauthorized gambling promotions across digital platforms.
Corporate and Regional Developments
BetMGM recorded second-quarter revenue of $711 million, with the increase driven by its online casino segment. The Conversion.im project simultaneously announced the completion of its operational cycle.
Russian market data shows the unlicensed online gambling sector contracted to its lowest share in eight years. Pavel Durov was later added to Rosfinmonitoring’s registry of terrorists and extremists. Earlier market reports noted consistent regulatory tightening across both regions.
Data was compiled by iGaming News.