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Better Collective Holds 2025 Outlook Despite Q3 Decline
Better Collective posted a softer Q3 as low sports margins and Brazil’s regulatory shifts weighed on revenue. Despite the downturn, the group reaffirmed its 2025 outlook, supported by strong paid media growth, new financing, and accelerated AI expansion.
La Pampa Online Gaming Surpasses Traditional Gambling
Online gaming in La Pampa now exceeds revenues from traditional games, with digital platforms driving growth. Authorities highlight the persistence of illegal betting and stress the importance of licensed channels for safe play.
Macau Gaming Taxes Rise 6.1% Amid Casino Recovery
Macau’s casinos drive MOP77.47 billion in gaming taxes through October 2025, up 6.1% YoY. Mass-market GGR peaks since 2019, supporting public finances as the city balances casino recovery with gradual non-gaming diversification.
Philippine Gaming GGR Stable Amid Digital Payment Reforms
Pagcor’s Q3 2025 report shows PHP94.51B in GGR, with electronic gaming driving growth despite stricter online payment rules. Land-based casinos recover steadily, highlighting the Philippine gambling sector’s resilience under reform-driven changes.
Bulgaria Raises Gambling Tax to 25% From 2026
Bulgaria will raise its gross gaming revenue tax from 20% to 25% starting January 2026 to address a €3.86bn fiscal deficit. The move mirrors EU trends while balancing revenue goals with the health of the regulated market.
PwC: High Gambling Taxes Fuel Europe’s Black Market
PwC analysis shows that high gambling taxes and strict regulations in Europe risk pushing players to unlicensed platforms. Reduced bonuses, slower growth, and lower tax efficiency highlight the need for balanced policies.
Bosnia Proposes Gambling Tax Reform for Social Programs
Dennis Gratz proposes reforms to Bosnia’s Gambling Act, aiming to channel 40% of tax revenues into youth, sports, cultural programs, and the Solidarity Fund to support citizens with serious medical conditions.
Light & Wonder Shifts US$1.5B Buyback to ASX
Light & Wonder will relocate its US$1.5 billion share repurchase program to the ASX as it prepares to delist from NASDAQ. The move consolidates trading activity, aligns with its investor base, and strengthens long-term capital and liquidity strategy.
Brazil Senators Split Over Push to Double Betting Taxes
Brazil’s betting tax debate escalates as Senator Angelo Coronel rejects a proposal to double GGR tax, warning it would strengthen illegal operators. Lawmakers remain divided as negotiations continue over how to balance fiscal revenue and market stability.
Brazil Backs Tax Hike for Betting, Banks, and Fintechs
Brazil’s government backs Senator Renan Calheiros’ bill to raise taxes on betting firms, banks, and fintechs. The measure aims to strengthen revenues while maintaining balanced fiscal relief, with dividend deadlines and fintech rates also under discussion.
Genting Singapore Q3 Profit Rises on VIP, Tourism Growth
Genting Singapore reported a 16% rise in Q3 revenue to S$649.8 million, driven by VIP gaming growth and strong tourism at Resorts World Sentosa. Ongoing RWS 2.0 expansion and festive campaigns set up a solid year-end outlook.
Melco Resorts Sees 11% Q3 Revenue Rise as Macau Leads
Melco Resorts & Entertainment posted an 11% rise in Q3 2025 revenue to US$1.31B, led by strong Macau and Cyprus growth. Despite a typhoon disruption, net income jumped fivefold amid stable margins and operational resilience.