Finance
Latest Finance news and updates from across the iGaming industry
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Kangwon Land Draws 147K Visitors During Chuseok Break
Kangwon Land, South Korea’s only domestic casino, recorded 147,550 visitors during Chuseok, achieving 81% hotel occupancy. With ski season preparations and a new casino under construction, the resort aims to drive year-round leisure and gaming traffic.
FDJ Q3 2025: Revenue €864M, Online Gaming Drops 15%
FDJ posted €864 million in Q3 2025, boosted by retail lottery and sports betting despite a 15.6% drop in online revenue due to higher taxes. The operator maintains its Play Forward 2028 growth strategy while adapting to market shifts.
Mexico’s Business Leaders Oppose Online Gambling Tax Hike
Mexico’s private sector opposes a proposed online gaming tax hike from 30% to 50%, citing risks of black-market growth, revenue loss, and negative effects on licensed casinos and lottery operators.
ED seizes 40kg gold in India illegal online betting case
India’s Enforcement Directorate seized 40kg of gold worth ₹50.33 crore and assets exceeding ₹150 crore from illegal online gambling operations linked to Karnataka politician K. C. Veerendra, highlighting money-laundering risks ahead of Supreme Court review of online gaming laws.
Poland to Increase Player Winnings Tax to 15% Starting 2026
Poland plans to raise the tax on gambling winnings from 10% to 15% starting January 2026. Officials say the increase will boost revenue, but operators warn it may drive players toward offshore platforms and weaken regulated market participation.
Macau Gaming Tax Revenue Reaches US$8.8B by Sept 2025
Macau generated nearly US$9 billion in gaming taxes from January to September 2025, a 6% year-on-year rise. Despite a September dip due to typhoon disruptions, strong summer results and stable mass-market demand underpin steady post-pandemic recovery.
Evoke Considers Closing 200 William Hill UK Shops Over Tax
Evoke is evaluating up to 200 William Hill betting shops as the UK government weighs higher gambling taxes. The review could affect 1,500 jobs and reflects wider industry concern ahead of the November budget announcement.
Brazil Proposes 24% Gambling Tax Following Failed Reform
Brazil’s Workers’ Party has introduced a new bill to impose a 24% tax on gross gaming revenue, aiming to boost public funding and curb gambling risks. The proposal follows a failed tax measure and faces strong industry scrutiny.
Macau Reports 9.5% Decline in Casino Suspicious Transactions
Macau’s gaming sector recorded a 9.5% drop in suspicious transaction reports in the first nine months of 2025, attributed to weaker economic activity and steady regulatory oversight. Despite the decline, casinos remain the primary focus of financial monitoring efforts.
Brazil’s Supreme Court Considers Municipal Lottery Ban
Brazil’s Attorney General has questioned the legality of municipal lotteries, prompting STF review. The case could redefine federal and local authority over lotteries, fiscal oversight, and regulatory consistency in the country’s gaming sector.
BiS Brasília 2025: Responsible Gaming & Industry Innovation
BiS Brasília 2025, held October 21–22, will bring together Brazilian regulators, industry leaders, and legal experts to explore responsible gaming, state lotteries, advertising, compliance, and fiscal efficiency in the evolving national iGaming market.
PAGCOR Boosts Government Revenues Amid Online Gaming Debate
PAGCOR delivered PHP12.7bn to the Philippine Treasury in 2024, supported by strong GGR growth, while online gaming regulation faces uncertainty and authorities target unlicensed operators to protect revenues and public welfare.
Brazil PT Government Faces Collapse of Bets Regime Tax Plan
Brazil’s proposed online gambling tax reform under the Bets regime collapsed after last-minute retroactive changes, leaving a projected R$20.9bn revenue gap and sparking political and industry uncertainty over the country’s regulated gambling framework.
Brazil Keeps 12% Betting Tax, Adds Retroactive Regime
Brazil’s Congress upheld a 12% GGR betting tax under MP 1303, rejecting a proposed 18% increase, but imposed a retroactive 15% levy with penalties for SPA-licensed operators from 2014–2024, while strengthening illegal gambling controls.
Estonia Bets on Lower Gambling Taxes to Compete with Malta
Estonia plans to reduce its remote gambling tax to 4% by 2028 as part of a strategy to attract international iGaming operators. Supporters see economic potential, while critics warn of financial uncertainty and social risks tied to gambling revenues.
Latvia’s Gambling Sector Hit by 2026 Early Tax Increase
Latvia plans to raise gambling taxes in 2026, only months after its last increase, despite nearly two decades of market decline. Operators warn the move could force closures, cut state revenue, and push players toward illegal gambling options.