Finance
Latest Finance news and updates from across the iGaming industry
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Brazil Proposes Online Betting Tax for Security Funding
Brazil’s Anti-Faction Bill proposes a 15% tax on online betting to finance prison expansion and strengthen law enforcement, creating a long-term link between the growing digital gambling market and national public security priorities.
Brazil Sports Betting Market Surges Nearly 18,000%
Brazil’s sports betting and iGaming sector has grown nearly 18,000%, creating jobs, boosting the digital economy, and highlighting the critical need for full regulatory implementation and robust operational infrastructure.
Palasino Reports H1 Growth, Expands Central European Casinos
Palasino Holdings grew H1 2025 revenue to HKD305M despite rising costs. Gaming income strengthened, and the group is advancing expansion with Palasino Mikulov in the Czech Republic while exploring further European market opportunities.
Genting Malaysia Q3 Revenue Up 22% on VIP Gains
Genting Malaysia posted 22% revenue growth in Q3 2025, led by VIP activity at Resorts World Genting. International operations showed mixed results, while preparations continue for Resorts World New York City’s commercial license.
RGB International Q3 Revenue and Profit Plunge
RGB International posted a sharp Q3 2025 decline, with pre-tax profit down 73% to RM5.5 million. Lower sales, high jackpot payouts, and FX volatility weighed on revenue and operational performance across Southeast Asia.
Buenos Aires Modernizes Land-Based Casinos to Protect Jobs
The Province of Buenos Aires is modernizing its land-based casinos with digital payments, updated machines, and entertainment initiatives to strengthen in-person gaming while protecting thousands of jobs and supporting local horse racing and tourism.
Argentina Updates Online Betting Tax Rules for 2025
Argentina’s ARCA Resolution 5791/2025 overhauls online betting indirect taxes, streamlining registration, verification, and foreign operator listings while linking reduced perception rates to employment. The reforms aim to enhance transparency, compliance, and regulatory predictability.
UK Budget Sparks High Street Betting Tax Hike Concerns
The UK Autumn Budget threatens significant tax increases for gambling, with retail betting shops at risk and online platforms potentially benefiting. Industry experts warn higher duties may drive punters toward offshore alternatives.
UK Budget Slams Online Gambling with Major Tax Hikes
Chancellor Rachel Reeves’ Autumn Budget imposes steep tax increases on remote gaming and online betting, citing gambling harm concerns. Land-based casinos, bingo, and horse racing escape new levies as the government pursues a £26bn revenue strategy.
DigiPlus Seeks Q4 Recovery After Q3 Income Drop
DigiPlus Interactive saw Q3 2025 net income fall 59% to Php1.71bn following government-mandated e-wallet delinking. The operator expands payment options and ramps up engagement efforts to restore growth in Q4.
Dutch Gambling Market 2024: Stability and Sector Shifts
The Dutch gambling market stayed flat at €4.3bn in 2024, with land-based casinos facing declines, lotteries remaining strong, and online betting growing gradually as regulatory and consumer shifts reshape the industry.
Europe’s Illegal Online Gambling Surges in 2024
A new ECA and YieldSec study reveals illegal online gambling now controls 71% of Europe’s digital market, generating €80.6B and leaving regulators scrambling to protect players and licensed operators.
Montevideo Debates Future of Casino Parque Hotel
Montevideo’s Casino Parque Hotel is at the center of an escalating political dispute, as opposition leaders demand its closure over mounting losses while city officials push to transfer control to national authorities, leaving the casino’s future uncertain.
Brazil Study Reveals Fan Betting Trends Ahead of CBF Summit
A new CBF Academy and AtlasIntel study details how sports betting has become embedded in Brazilian fan culture, revealing spending habits and broader market growth as industry leaders prepare to examine the sector during the upcoming CBF Academy Summit 2025.
Codere Prepares for Mexico’s 2026 IEPS Tax Overhaul
Mexico’s gaming sector is set for major change as the IEPS tax rises to 50% in 2026. Codere expects tougher regulation to eliminate non-compliant operators and sees the World Cup as a boost while it restructures partnerships and operating costs.
Casino Parque Hotel Clash Escalates in Montevideo
Tensions are intensifying in Montevideo over the future of Casino Parque Hotel, with opposition parties demanding its closure while government officials pursue a national transfer. Mounting financial losses and political gridlock continue to stall a definitive outcome.