Brazil’s Chamber President says CIDE-Bets was “unworkable”
Chamber President defends decision to strip betting tax from Antifaction Bill, citing technical and enforcement concerns.
Chamber President defends decision to strip betting tax from Antifaction Bill, citing technical and enforcement concerns.
After months of political debate, Brazil’s proposed CIDE-Bets levy has been withdrawn.
As takeover interest emerges, Caesars Entertainment faces a pivotal moment: a cooling Las Vegas market, a heavy debt load and a fast-growing digital arm that may be worth more than the sum of its parts.
Ian Angus of the Gambling Commission, Simon Zinger from Entain, David Williams from Rank Group, Chris Sanger from EY and Deal Me Out CEO Jordan Lea explored the latest key updates of the UK gaming industry.
The proposed regulations introduce tougher sanctions for violators, including companies, players and influencers who endorse or promote illegal websites.
EGM vote clears path for DigiPlus-backed subscription that could result in a 53.89% controlling stake.
Among those said to be circling the company is Tilman Fertitta, the Texas-based gaming and hospitality billionaire behind the Golden Nugget casino chain.
Fourth quarter edges higher year on year though full-year profit declines.
The operator reported a 94% decrease in net income for Q4 2025 to $10m, while FanDuel revenue climbed 33% during the quarter to $2.1bn and 20% year-over-year to $7bn for FY2025.
A large enforcement operation involving 350 personnel led to the detention of 73 suspects.