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India RMG Sector Suffers Major Losses Amid PROGA Delay
India’s RMG sector reels under Rs100B revenue losses, over 7,000 job cuts, and halted operations as PROGA remains unnotified. Operators and fintech firms face regulatory uncertainty while seeking clarity to stabilize the market.
Brazil Sports Betting Trends Show Football Dominance
A new survey reveals football dominates Brazil’s sports betting market, while MMA, poker, and eSports gain traction. Traditional favorites coexist with digital-driven categories, highlighting evolving preferences among Brazilian bettors.
Sweden Faces Debate Over Online Gambling Bonus Ban
Sweden is debating a ban on online gambling bonuses after Svenska Spel and ATG proposed removing incentives. Industry groups warn it could shrink the licensed market, favor monopolies, and push players to unregulated offshore sites.
Nordic Markets Split on Gambling Reform Strategies
The Nordic region continues to handle gambling regulation through divergent models, from strict monopolies to full licensing systems. As Finland prepares major reforms, industry experts warn that fragmented rules weaken channelization and strengthen offshore alternatives.
Offshore Gambling Apps Surge in Nepal After India Ban
Nepal is seeing a rapid influx of offshore gambling apps after India’s betting ban, with operators using local influencers, banking channels, and social media ads to target users. Regulators face rising cases and limited digital enforcement capacity.
Macau Casino Workforce Shrinks as Satellite Closures Loom
Macau’s gaming workforce has fallen to its lowest level in three years, driven by shrinking betting-related roles and the phaseout of satellite casinos. Operators are now required to absorb affected staff as the industry transitions to a more concentrated operating model.
Century Entertainment Returns to Profit in H1 2025
Century Entertainment expects a strong turnaround in H1 2025, projecting a HK$25M profit driven by online gaming ventures in the Philippines, a major credit recovery, and gains from ending its Cambodia VIP operations while pursuing expansion in Vietnam.
Genting Bhd Mandatory Takeover of Genting Malaysia
Genting Bhd’s takeover of Genting Malaysia becomes mandatory after surpassing 57% ownership. The move aims to delist the subsidiary, consolidate control, and strengthen its global casino presence, including plans for New York and international expansion.
Universal Entertainment Cuts 2025 Forecast Amid Okada Manila
Universal Entertainment lowers its 2025 outlook to a JPY14 billion loss as Okada Manila sees falling VIP revenue and tourist numbers. Renovations and marketing initiatives aim to stabilize operations and retain customers amid market pressures.