Brazil’s Finance Minister links betting to debt restrictions
Finance Minister Dario Durigan links betting to household finances as new credit program introduces one-year gambling ban.
Finance Minister Dario Durigan links betting to household finances as new credit program introduces one-year gambling ban.
Eminence manages around $6bn and is expected to return at least 75% of investor capital by the summer as it winds down operations.
Strong table volumes drive continued momentum in foreigners-only gaming operations.
Voting power remains at 8.24% following expiry of 5.5% off-market offer.
Zhonglu Zeng says steady GGR growth reflects resilience despite external uncertainties.
The figure (US$7bn) equates to an increase of 20.6% year-over-year, while the province’s total non-adjusted gross gaming revenue grew 30.7% to $387m during the monthly period.
The Kentucky Derby set a new record in all-sources handle after the figure increased 3% to $487m for Derby Week 2026, while TwinSpires set an all-time high with $129m in wagers.
Mobile sports betting revenue accounted for the vast majority of total revenue across the state, having increased 25.8% from the prior year period to just over $59.8m.
Government proposal ties access to debt renegotiation benefits to temporary restriction on online betting activity.
Led by Grant Gustavson, the group submitted a bid to the MLS League Office in hopes of acquiring the Vancouver franchise but has not yet confirmed a home arena for the potential relocation.