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Brazil Betting Study Figures Disputed by ANJL
ANJL has challenged a CNC report claiming online betting drained Brazil’s retail sector, arguing the study misinterprets turnover as spending and lacks evidence linking gambling to rising household debt.
Macau April GGR Rises 5.5% but Misses Forecasts
Macau’s April gaming revenue rose 5.5% year-on-year but missed expectations due to weak VIP hold, with underlying demand remaining stable and stronger growth anticipated during the May holiday period.
MGM Osaka Project Advances Toward 2030 Launch
MGM Resorts reports steady construction progress on its $10 billion Osaka integrated resort, highlighting key milestones, funding plans and long-term growth potential as the project moves toward its planned 2030 launch.
Melco Secures Full Control of Trademark Assets
Melco Resorts has acquired its trademark-holding subsidiary for $375 million, gaining full control of intellectual property assets while streamlining its corporate structure and aligning brand ownership with its integrated resort operations.
Brazil Regulates CBS Tax for Betting and Lotteries
Brazil has introduced CBS tax regulations for betting and lotteries, applying GGR-based taxation as part of wider fiscal reforms, with operators facing increasing tax rates under the new framework.
PLI Urges Ban on Lottery Betting in Ireland
Premier Lotteries Ireland is urging the government to ban lottery betting, claiming it led to €289 million in lost sales and reduced funding for charitable causes within Ireland’s National Lottery system.
Brazil Betting Tax Revenue Surges 123.7% in Q1 2026
Brazil’s betting tax revenue reached R$3.397 billion in Q1 2026, rising 123.7% year-on-year following regulation and fiscal reforms, although monthly figures showed a declining trend throughout the period.
GKL Targets Growth with Junket Partner Recruitment
Grand Korea Leisure is recruiting junket partners to expand its VIP network and support long-term growth, targeting emerging markets as it works towards a KRW503.8 billion revenue goal by 2030.
Connecticut Sportsbooks Hit Record March
Connecticut sportsbooks recorded $217 million in handle for March 2026, with FanDuel narrowly ahead of DraftKings, highlighting one of the most competitive betting markets in the US under its three-operator structure.
Vietnam Casino Resorts Struggle for Profit
Vietnam’s casino resorts are generating strong revenue from local players but continue to report losses, as high investment costs and operational pressures outweigh gains under the country’s pilot program allowing domestic gambling.
Peru Gaming Sector Boosts Tourism Funding
Peru’s gaming sector is contributing significantly to tourism funding, generating millions in tax revenue while facing challenges from increased regulation and taxation as operators adapt to shifting market dynamics.
Swedish iGaming Faces Slowdown Amid EU Pressures
Swedish iGaming companies are experiencing slower growth as European markets become more challenging, prompting operators like Evolution, Betsson and Kambi to shift focus toward emerging regions and adapt to rising regulatory and tax pressures.