CasinoBeats’ Post

#Monitoring, #Policing and #Enforcing against the availability and presence of illegals in the online #gambling marketplace must become a leading strategy for all legal stakeholders - including regulators, operators, affiliates, payments providers, media platforms, law enforcement and state treasury teams. This is not simply a problem for the regulator, or for law enforcement; each stakeholder has their own part to play in the battle for control over the jurisdiction’s online betting and gaming marketplace, and in ensuring the sanctity of the space. #TechEthics #OnlineGambling #Compliance #IllegalGambling #Monitoring #BigData #LegalversusIllegal #OnlineBetting

Telegram is in hot water with its CEO arrested in France, and the company under fire globally for allowing illicit content on its platform—the trouble doesn’t stop there asSouth Korea and Indonesia are among the Asian countries considering bans due to concerns over enabling gambling, illicit content, and even deep fake porn Elsewhere this week: - India continues to go wild for quick commerce - PPD (Temu’s parent) had a big stock crash - Scammers in Southeast Asia are cashing in on buy now, pay later - China’s ride-hailing firm Didi made a big investment - There’s a rare East-eats-West M&A in India - A $49B crypto scam has been identified in Cambodia and more All that and much more: https://lnkd.in/gERrfMba

Authorities in Shanghai have charged four livestreamers with money laundering, marking the first such case involving online platform rewards in China Live-streaming platforms like Bigo Live and TikTok Live have brought about remarkable change in our digital landscape, providing creators with unprecedented opportunities to connect with audiences worldwide. However, as our digital world evolves, so do the tactics of criminals and money launderers. Therefore, it's crucial that we remain vigilant and continuously upgrade our strategies to combat financial crime effectively. #StaySafeOnline #CombatFinancialCrime #AML

Telegram Temporarily Suspends Wallet Services in the UK Amid Regulatory Pressures In response to increasing regulatory demands, popular social media platform Telegram has temporarily halted its wallet services in the United Kingdom. This decision, aimed at complying with financial https://lnkd.in/d5yrdhiS #News #cryptoregulations #FCAregulations #PavelDurov #Telegramcompliance #UKwalletservices

[SCAM ALERT] We want to remind the public to be extra cautious of get-rich-quick schemes offered via social media platforms and chat apps (Facebook, Telegram, WhatsApp, etc.). Scammers often exploit the names and images of popular financial industry personalities to create seemingly trustworthy offers. It would be best to verify the authenticity and check the Securities Commission Investor Alert List before making investment decisions. If you’ve been scammed, immediately call ☎SPayGlobal Customer Service (24 x 7) at 082-224 599 or the National Scam Response Centre at 997 (8am-8pm daily) and make a police report. #JanganKenaScam #SPayGlobal

Telegram: A messaging app or a gateway to the dark economy? 🕵️♂️ With its founder arrested in Paris, the role of Telegram in betting, gambling, and exam paper leaks is under scrutiny. Should India take action and ban it to curb this black market? Let’s have a conversation! 💬 Your thoughts? Comment below! 👇 #TelegramDebate #DigitalEconomy #BlackMarket #TechAndCrime #IndiaTech #ExamLeaks #BettingApps #BanOrNot #CyberEthics #TrendingNews #SocialMediaTalks #IndiaNews #CurrentAffairs #motivationalspeaker #businesscoach #keynotespeaker #VIP #ujjwalpatni

Your content and its credits belong to YOU. We at Block X fight against piracy of content online, taking down pirated versions instantly with our Google TCRP partnership. If you like to safeguard your content online, DM us to know more. #BlockX #AntiPiracy #ProtectYourContent #ContentProtection #productionhouse

Good morning. It's a packed program today. First up, C+M: 🗜️ Casinos, crypto and crime gangs: the UN’s vice investigation in Asia. ➕ In +More: NY DOA, Arizona open to more applications, Toney free. 🤖 Google gives the go-ahead to the downloading of RMG apps in Brazil and Mexico. 🔦 Danish players’ study shines light on unlicensed sites’ appeal. Today's newsletter was brought to you by ComplianceOne Group, Compliable and BettingJobs. #compliance #gamblingindustry #bettingandgaming #regulatedgambling

The recently issued Report of the National Anti-Scam Centre on scams activity 2023 makes for interesting reading: https://lnkd.in/gcbbiiER Against expectations, the Report states that scam losses reported in 2023 were actually lower than the prior year ($2.74 billion compared to $3.15 billion). The reduction was particularly pronounced in the second half of 2023 (financial losses decreased in the second half of 2023 by 21% compared to the first half of the year). Whilst almost certainly the actual losses to scams are higher than these figures (some statistics suggest that around 30% of persons who suffer a scam do not report it), the downward trend is clear. The Report suggests that the reduction in reported losses is likely the result of a range of complex factors, and refers to developments such as: the launch of the National Anti-Scam Centre; the Government’s consultation in relation to a mandatory Scams Code Framework; actions by banks on cryptocurrency exchanges; ASIC’s investment scam website takedown capability; the ‘Call Stop’ initiative to counter bank impersonation SMS scams; CBA’s scam indicator tool and NAB’s payment prompts in digital banking; various telecommunications initiatives; and payee verification technology. The war against scammers will never be completely won. The criminals will continue to evolve their techniques, and all in society (including customers, regulators, financial institutions, telcos and social media platforms) will need to respond. However, this latest Report suggests that the 'whole of ecosystem’ approach, and the good work of government and business in recent times, is bearing fruit. Hopefully, if this downward trend continues, it will help to resist the push by some for the introduction of more radical measures (such as the UK’s mandatory reimbursement model). #scams #fsr

https://lnkd.in/dRUu-Ugd This is the platform Nigeria's black market operators have been rushing to for FX price discovery. Can we all now agree that the Nigerian government did well to clamp down on this app?