Financial – Page 108 | Global Gaming Insider

Government introduces new tax code for sports betting in Brazil

A recent ordinance establishes new revenue collection codes to increase transparency and ensure that funds generated by the sector are allocated correctly.

1 min read • Mar 24 • By Marieta Lezaic

Billionaire István Garancsi now owns seven Hungarian casinos

Garancsi has become the majority owner of the Sopron Casino, leaving only the casinos in Miskolc, Győr and Pécs outside his portfolio.

1 min read • Mar 24 • By Marieta Lezaic

Legal & Regulatory Financial + 3 more

Greece raises tax on online casino winnings

After an emergency meeting, the Greek Government decided to raise taxes on online casino player winnings to fund relief measures linked to developments in the Middle East.

2 min read • Mar 24 • By Marieta Lezaic

Financial Casino + 1 more

Sega Sammy completes JPY 20bn share buyback programme

The supplier acquired over 7.6 million shares between February and March as part of a capital allocation review following recent financial pressures.

2 min read • Mar 24 • By Shaan Khan

Financial Land Based + 3 more

NagaCorp posts 27.4% GGR growth to US$691.60m for FY2025

Robust performance driven by mass market expansion and Cambodia’s improving tourism and economic outlook.

1 min read • Mar 24 • By Keih Ma

Legal & Regulatory Financial + 2 more

Estonian official to challenge dismissal over gambling tax error

A senior Estonian parliamentary official dismissed over an error in gambling legislation is set to challenge the decision.

2 min read • Mar 23 • By Marieta Lezaic

Legal & Regulatory Financial + 1 more

Kazakhstan to levy 3.3% from all bets

The money raised will be used to develop sports, back Olympic programmes, finance public initiatives and maintain the national unified system for betting transactions.

1 min read • Mar 23 • By Marieta Lezaic

Legal & Regulatory Financial + 6 more

Isle of Man considers penalties for individuals who fail gambling AML/CFT measures

By making individuals liable for AML/CFT failures, the Isle of Man hopes to strengthen the gambling sector operating out of the island.

1 min read • Mar 23 • By Megan Elswyth

Legal & Regulatory Financial + 3 more

Brazil’s retail and gambling sectors fight while BR4bn in redirected to student funding

Unclaimed winnings over the past decade have been channeled into FIES while Brazil’s new restrictions are teased to the sector as the retail sector pushes back against online gambling.

2 min read • Mar 23 • By Layla Victoria