Finance
Latest Finance news and updates from across the iGaming industry
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Trinidad and Tobago Approves Remote Gambling Bill
Trinidad and Tobago has approved legislation to regulate remote gambling, with licensing and operational measures planned by January 2027 as authorities work to establish the new regulated market.
GKL September Casino Revenue Rises 7.2%
Grand Korea Leisure recorded KRW37.3 billion in September casino revenue, up 7.2% year-on-year, as stronger table game earnings offset lower gaming machine revenue and supported a 5.8% rise in nine-month casino sales.
Brazil Seeks Blocking of 10,000+ Betting Websites
Brazil has asked Anatel to block more than 10,000 betting websites following the fixed-odds ban, while authorities monitor financial accounts, target illegal advertising and oversee the return of remaining customer balances.
Jeju Dream Tower Visitor Record, Casino Revenue Falls
Jeju Dream Tower recorded a monthly visitor high of 66,393 in September, surpassing its May record, while casino revenue fell 45.1% year-on-year to KRW29.1 billion amid a lower hold.
SIS Faces Scrutiny Over Santeda Gambling Deal
Sports Information Services faces scrutiny over an alleged 2022 arrangement with Santeda linked to customer gambling losses, while major SIS shareholders Entain, William Hill and Betfred reportedly said they were unaware.
Brazil Football Clubs Face Betting Sponsorship Losses
Brazilian football clubs face major revenue losses as Lula’s betting ban takes effect on 6 October, ending betting advertising and sponsorships and affecting deals involving clubs such as Vitória and 7K Bet.
Brazil Bill Proposes Refunds for Betting Net Losses
Brazilian Deputy Ricardo Abrão has proposed PL 5,502/2026, which would require betting operators to reimburse eligible customers for net losses, with inflation adjustments and no deductions or fees.
GCI Estimates €91.6bn EU Online Gambling Revenue
Gaming Compliance International estimates €91.6bn in EU online gambling revenue for 2025, with unregulated operators accounting for 72% of the assessed market and 121 million people reached.
Georgia Promotes Five-Year International iGaming Licence
Georgia is promoting its five-year International iGaming Licence to international operators, offering access to commercial banking, a 6% tax structure, no physical office requirement and services restricted to international audiences.
BGC Launches Back Our Betting Shops Campaign
The BGC has launched Back Our Betting Shops ahead of the Autumn Budget, highlighting concerns that proposed Machine Games Duty increases could affect betting shops, employees and local communities.
Alberta Gives $2.4M to Problem Gambling Treatment
Alberta has allocated $2.4 million to Brick House Recovery Centre for problem gambling treatment, providing advance funding while the province awaits one percent contributions from regulated iGaming operators.
Brazil Illegal Betting Market Could Reach R$43.3bn
Brazil’s illegal betting market could generate up to R$43.3 billion in annual GGR, while unauthorized operators may deprive the government of up to R$12 billion in tax revenue.
Bloomberry Targets Profit Return in 2027
Bloomberry Resorts is forecast to return to profit in 2027, with Maybank Securities citing VIP GGR recovery, Solaire Quezon City’s growth and expanding online gaming as key drivers.
Malta to Raise Gaming Tax on Local Casino Revenue
Malta will increase gaming tax on local casino revenue to 15% from October 2026, alongside revised rates for other gaming services and a higher levy on live casino studio broadcasting.
Gibraltar Gambling Industry Under Pressure, Lyman Says
Gibraltar Gambling Commissioner Andrew Lyman says the jurisdiction remains a key gambling hub despite layoffs, higher UK gambling taxes and cost pressures affecting operators and employees.
S&P Expects DigiPlus to Lead Philippine Online Gaming
S&P Global Ratings expects DigiPlus to retain its leading position in Philippine online gambling, supported by user engagement and market strength, while consolidation and regulatory changes remain key factors.