Brazil: President Lula approves betting tax increase
The Brazilian President has signed into law a bill cutting federal tax exemptions while introducing a gradual increase in betting taxation.
The Brazilian President has signed into law a bill cutting federal tax exemptions while introducing a gradual increase in betting taxation.
The funding agreement provides financial support for enforcement operations targeting illegal gaming activity, including banned offshore operators, as regulators intensify oversight across the Philippine gambling sector.
Fecoljuegos warns that a 19% tax on online gaming deposits distorts the tax base, strengthens illegal operators and undermines Colombia's licensed betting.
Chile's Comptroller General has identified errors in the calculation of payments owed by the Viña del Mar casino operator to the local municipality.
MGM Resorts International has signed a long-term branding agreement with MGM China Holdings that extends naming rights through 2032 and raises the monthly license fee to 3.5%.
Brazil's Federal Revenue Service has reported BR8.82bn ($1.6bn) in federal tax collection from, marking the first full year of the regulated market in operation.
The strategic and financial report provides a detailed insight into bet365's operations, as well as how the company intends to operate in the future.
Offering raises with plans to channel proceeds into Newport World Resorts and new projects.
Caesars New Orleans, the only property marked under the land-based vertical by Louisiana regulators, produced the highest revenue figure of any casino after rising 16.3% to $31.1m.
Despite representing a 16.5% increase from the prior year period, Spain's online gambling revenue for the third quarter of 2025 also equates to a 1.4% decrease from Q2 2025.