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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.
Cambodia Suspends Casino Licence Over Online Scam
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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.
India Launches New Online Gaming Regulatory Framework
India has introduced a new regulatory framework for online gaming, banning money-based games while establishing a central authority to classify, license and oversee permitted gaming activities under stricter compliance and consumer protection rules.
Norsk Rikstoto Glitch Allows Unpaid Betting
A system failure at Norsk Rikstoto allowed thousands of unpaid bets, triggering regulatory scrutiny and raising concerns over financial losses, compliance breaches and the impact on Norway’s regulated betting market.
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.
Tabcorp Restricts Professional Bettors Amid Scrutiny
Tabcorp has restricted several professional bettors across its platforms, citing risk management measures, as the move raises questions around compliance, transparency and the treatment of high-value customers in the betting industry.
US Senate Bans Members from Prediction Market Betting
The US Senate has banned members and staff from using prediction markets amid insider trading concerns, as lawmakers push for broader restrictions across government and increased oversight of betting on political and global events.
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.