Brazil: Industry criticizes betting license secrecy
Licensed operators and industry representatives argue that transparency is essential for a regulated market.
Licensed operators and industry representatives argue that transparency is essential for a regulated market.
Monaco’s Société des Bains de Mer (SBM) has reported record financial results for the 2025/26 fiscal year, with revenue, operating profit and net income all increasing as growth across gaming, hospitality and rental operations helped drive overall performance.
The operator’s new Paris venue follows a period of uncertainty for gaming clubs in the capital.
NSW casino penalties have risen from a AU$1m ceiling to AU$100m. The process that produces them has not kept pace – and the latest Star fine shows the strain, regulatory expert Paul Newson writes.
The Las Vegas family and Terrible’s signed a new agreement to operate its hotel-casino and related properties in Primm, with further developments and investments still to be announced.
While MGM Grand Detroit led all commercial properties in Detroit with $52.8m of slot and table game revenue for May 2026, the figure still represents a 0.7% decrease year-over-year.
FanDuel led all operators with just over $88.7m of online sports betting revenue for May 2026, representing a decrease of 18.5%, while DraftKings’ revenue fell 21% for a total of $66.5m.
Chile has issued a resolution requiring foreign online betting and gaming platforms to register and pay VAT, a move the licensed casino industry is calling a backdoor legitimization of operators.
The Betting and Gaming Council has launched a new five-point plan aimed at tackling the UK's expanding illegal gambling market, warning that stronger action is needed to protect consumers and prevent further growth of unlicensed operators.
Brazil’s regulated betting sector is urging authorities to expand oversight beyond operators and target suppliers serving illegal platforms.