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PH Resorts Reclassified After Casino Licence Loss
PH Resorts Group Holdings will shift to the Hotel & Leisure subsector on the Philippine Stock Exchange after losing its provisional casino licence, marking an end to near-term integrated resort ambitions linked to the Emerald Bay project.
PAGCOR Introduces Minimum Guaranteed Fee for Online Gaming
PAGCOR will enforce a minimum guaranteed fee on accredited GSAs and GVOs from 2026, introducing a tiered monthly system to ensure standardized revenue, fiscal accountability, and operational compliance across the Philippine online gaming sector.
SJM Holdings Acquires L’Arc Casino in Macau
SJM Holdings has acquired L’Arc casino, transitioning it from a satellite venue to a self-operated property. The move strengthens its Macau peninsula portfolio amid regulatory changes phasing out third-party casino revenue-sharing arrangements.
Latin America Gambling Markets Close 2025 with Key Trends
Latin America’s gambling markets ended 2025 with diverse outcomes. Brazil saw online betting boost jobs, Montevideo casino posted heavy losses, Flutter reported global setbacks, and Codere Online maintained revenue stability amid evolving regulations.
Sands China Renews Macau Trademark Deal Through 2028
Sands China has renewed its trademark and marketing agreements with Las Vegas Sands through 2028, securing brand use across major Macau resorts while setting structured royalty fees and marketing caps to support post-pandemic growth.
MGM China Brand Fees Double Under New MGM Agreement
MGM Resorts will double trademark licensing fees charged to MGM China from 2026, reshaping revenue sharing and locking in a long-term branding agreement aligned with Macau’s gaming concession period.
Fecoljuegos Criticizes Colombia’s 19% Online Gaming Tax
Fecoljuegos has raised concerns over Colombia’s 19% tax on online gaming deposits, arguing it distorts market dynamics, harms licensed operators, and risks accelerating player migration to illegal gambling platforms.
MDS Casinos Enhances Employee Benefits in 2025
Marina del Sol (MDS Casinos) upgraded employee benefits in 2025, enhancing health insurance, educational opportunities, bonuses, and internal culture, reflecting its commitment to staff welfare and professional development across its Chilean operations.
San Juan Online Gambling Delay Raises Legal Concerns
More than a year after approval, San Juan’s online gambling law remains unregulated, prompting IVISA to warn of legal uncertainty, lost provincial revenue, and expanding illegal betting activity.
Alliance Global Raises PHP1.1bn via Warrant Offering
Alliance Global Group has completed a PHP1.1bn stock warrant offering, strengthening capital resources to fast-track integrated resort and tourism township developments across key locations in the Philippines.
Turkey Gambling Tax Revenue Surges to TRY50bn in 2025
Turkey’s gambling tax intake has surpassed 2024 levels, driven by higher betting taxes, digital lottery expansion and intensified enforcement targeting illegal betting networks, payment platforms and online operators across the country.
Mega da Virada 2025 Hits Record R$1 Billion Jackpot
The 2025 Mega da Virada lottery in Brazil offers a historic R$1 billion jackpot, the largest in Latin America, driven by high player participation and new prize allocation rules, with draws taking place on December 31.