News – Page 397 | Global Gaming Insider

UK Budget receives Super Group endorsement amid heavy opposition

CEO Neal Menashe described the RGD increases as 'reasonable taxation of online gaming' and expects the government to provide 'strict enforcement' of non-paying offshore operators.

3 min read • Nov 26 • By Kirk Geller

Flutter UKI CEO: RGD increase marks 'big win' for illegal operators

Flutter explained the UK Autumn Budget Statement will result in an approximate $320m adjusted EBITDA impact throughout FY2026, as well as a $540m impact for FY2027.

3 min read • Nov 26 • By Kirk Geller

Entain CEO ‘deeply disappointed’ in UK gambling tax increase

Legal & Regulatory Financial + 6 more

Entain CEO 'deeply disappointed' in UK gambling tax hike

The operator anticipates an additional cost of approximately £200m each year following the new Budget's introduction, while Evoke estimated £125-135m in annual duty costs.

5 min read • Nov 26 • By Kirk Geller

Land Based Equipment & Hardware + 5 more

Kambi extends retail sportsbook agreement with Penn Entertainment

The previous agreement formed between the two entities was set to expire on December 31, 2025, as Kambi currently supports 30 Penn Entertainment properties in 13 US states.

3 min read • Nov 26 • By Kirk Geller

Legal & Regulatory Financial + 6 more

Rank Group to face £40m operating profit reduction amid RGD increase

The operator stated increases in tax payments are proportionately offset by a £6m benefit 'arising from the abolition of bingo duty' as part of the UK Autumn Budget 2025 statement.

3 min read • Nov 26 • By Kirk Geller

Legal & Regulatory Land Based + 3 more

BGC slams UK tax hike as "hammer blow" to the industry

CEO Grainne Hurst has welcomed the land-based and bingo approach while highlighting the online tax rise as "devastating."

2 min read • Nov 26 • By Will Underwood

Legal & Regulatory Financial + 2 more

Brazil: More tax developments, as Defence Ministry pushes for a piece of the pie

Senator Eduardo Braga plans to raise the betting tax gradually, reaching 18% by 2028.

4 min read • Nov 26 • By Layla Victoria

Underdog steps away from Missouri sports betting market

Legal & Regulatory Land Based + 6 more

Underdog steps away from Missouri sports betting in favor of predictions

The operator formed a multi-year partnership with the Kansas City Royals MLB franchise to gain market access in Missouri but was still under review for a sports betting license from the MGC.

3 min read • Nov 26 • By Kirk Geller

Legal & Regulatory Financial + 5 more

British Horseracing Authority reacts to horseracing being 'spared' in UK Budget

Horseracing did not see an increase in betting duty, despite other sectors seeing taxes almost double. But will the knock-on effects from operators end up hurting horseracing anyway?

3 min read • Nov 26 • By Beth Turner

Legal & Regulatory Financial + 4 more

UK Budget: Mixed response to bingo duty removal

Not every gambling industry sector was treated equally when it came to the UK Autumn Budget earlier today.

5 min read • Nov 26 • By Megan Elswyth