Italian authorities blocked 190 unauthorized gambling platforms, including the operator Fonbet. The regulatory action coincides with broader market shifts across Europe and Asia.
Market Developments Across Regions
Italian regulators removed the platforms from domestic networks to enforce licensing requirements. The European Union estimates that unregulated online wagering costs the bloc up to €23 billion in annual revenue. These figures highlight the financial impact of cross-border gambling operations.
Russian bookmakers recorded a 7.4 percent increase in website traffic during July. Meanwhile, the Philippines iGaming sector experienced a 20 percent decline in gross gaming revenue during the second quarter of 2026. The contrasting trends reflect regional regulatory adjustments and market cycles.