Sign up
Subscribe
Home / news / Russia’s prediction markets search interest, a CoinEx shutdown, and Turkey’s €316,5 million anti-betting sweep
news

Russia’s prediction markets search interest, a CoinEx shutdown, and Turkey’s €316,5 million anti-betting sweep

Here is the week’s high-risk payment-and-regulation roundup: Russia is showing a spike in searches for prediction markets, CoinEx says it will shut down this winter after 9 years, and Turkey’s crackdown on illegal betting has surfaced €316,5 million in operations. For PSPs, the useful part is not the headlines themselves but the direction of travel: where attention is moving, where exchanges are exiting, and where regulators are tracing payment flows.

  1. Prediction markets drew hundreds of thousands of search queries in Russia, with most of the interest going to Polymarket. For operators and payment providers, that is a sign that demand can appear faster than the local infrastructure around it.
  2. The owner data of Gamdom and Skins was leaked online after a hacker attack on Revolut. That is the kind of event that turns a security incident into an operational one, because exposed data can quickly become a payments and fraud issue for connected businesses.
  3. CoinEx said it will shut down this winter after 9 years in business. Any exchange exit matters to PSPs because closures are where settlement, withdrawals, customer balances, and merchant continuity all get stress-tested at once.
  4. «Рейтинг Букмекеров» denied reports that it had bought Tennisi. For the market, that means the M&A story is not confirmed, so any planning built around a change of ownership should stop there.
  5. In Turkey, authorities identified operations worth €316,5 million as part of the fight against illegal betting. That is a reminder that enforcement there is not just about licensing language; it is about tracing money movement at scale.
  6. Kyrgyzstan’s financial supervisor said it lacks enough staff to properly monitor illegal online casinos and binary options. In practice, that tells PSPs the enforcement gap is administrative as much as legal, which usually matters more than people admit.
  7. Tesco complained about a fake online casino that used the supermarket’s branding. Brand impersonation is not just a consumer fraud problem; for payments teams, it is a familiar route into disputed transactions, chargebacks, and merchant verification headaches.

Weekly high-risk digest

Regulation, sanctions and payment news across your verticals — once a week, free.

Please check your inbox and click the link to confirm your subscription.

Please enter a valid email address!