Weekly Review: IG Seeks UK Gambling Licence; Plus500 to Acquire Brazilian Broker
Financial And Business News | Finance Magnates
IG Group applied for a UK gambling licence for prediction markets, and Plus500 agreed to acquire Brazilian broker Guru.Summary
This week, IG Group applied for a UK gambling licence to offer prediction markets, while Plus500 agreed to acquire Brazilian broker Guru, and Google reopened CFD advertising in Denmark and Chile. Capital.com reported $1.06 trillion in UAE trading volume for H1 2026, but only 18.3% of trades had stop-losses. Hantec Trader rebranded as RZR Funded, Kalshi expanded institutional access to event contracts, and brokers faced rising acquisition costs. Tokenised real-world assets gained holders but struggled with secondary trading.
(Source：Financial And Business News | Finance Magnates)