Brazil tax rise inches closer, VP warns of even higher increase Summary Pressure continues to grow on the licensed gambling sector in Brazil, as the increased tax could be pushed up even higher according to the country’s vice president. The government has unveiled plans for a provisional measure that will elevate the tax on operators […]
Nevada Board Gives Initial Approval to IGT-Everi Megadeal Summary The Nevada Gaming Control Board has granted initial approval for the proposed $6.3 billion merger between International Game Technology (IGT) and Everi Holdings, with final decision expected at the end of June. This merger aims to reshape the gaming supplier landscape significantly. Source: Article URL Key […]
Italy Gaming Reforms to Slash iGaming in Half Summary Italy’s upcoming gaming reforms are set to dramatically reduce the number of iGaming operators from the current 81 to as few as 33. The reform aims to consolidate the market, aligning with the government’s long-term objectives for a more streamlined sector. Key Points The recent tender […]
Colombia’s National Tax and Customs Authority drafts new tax measures to regulate online gambling Summary The National Tax and Customs Authority (DIAN) of Colombia, in collaboration with the Ministry of Finance, is developing a regulatory framework aimed at the online gambling sector. These measures may be included in an upcoming tax reform, focusing on taxing […]
Sun International to drive GrandWest footfall with R600m shopping centre Summary GrandWest Casino, the largest casino in South Africa, is set to enhance its offerings with a new R600 million shopping centre spanning approximately 22,000 m². This exciting development, a collaboration with developer Flanagan & Gerard, aims to complement the casino’s existing entertainment options, which […]
Russian Lawmakers Plan to Force Bookmakers to Pay ‘Gambling Addiction Rehabilitation Tax’ Summary Russian lawmakers are introducing a new tax aimed at legal bookmakers to fund rehabilitation for gambling addiction. The initiative, led by Artem Metelev, expects to be debated before the end of 2025. The proposal entails that a percentage of bookmakers’ income will […]
Nevada board gives initial approval to IGT-Everi megadeal Summary The Nevada Gaming Control Board gave initial approval to a potential $6.3 billion merger between International Game Technology (IGT) and Everi Holdings. This landmark deal, proposed by Apollo Global Management, could reshape the gaming supplier landscape significantly. The board’s unanimous approval allows Apollo to move forward, […]
Italy Gaming Reforms to Slash iGaming in Half Summary Italy is on the verge of a significant transformation in its online gaming sector as reforms aim to halve the number of iGaming operators. This shift, driven by the Customs and Monopolies Agency (ADM), seeks to consolidate the market, ensuring the survival of only the most […]
Russian Lawmakers Plan to Force Bookmakers to Pay ‘Gambling Addiction Rehabilitation Tax’ Summary Russian lawmakers are pushing for a new “Gambling Addiction Rehabilitation Tax” to be paid by legal bookmakers in the country. This proposed tax aims to support the treatment and prevention of gambling addiction by collecting a percentage of bookmakers’ incomes. The initiative, […]
Nevada board gives initial approval to IGT-Everi megadeal Summary The Nevada Gaming Control Board has granted initial approval for the significant merger between International Game Technology (IGT) and Everi Holdings, valued at $6.3 billion. This merger is highlighted as one of the largest in the gaming supplier sector, aiming to reshape the industry’s landscape. The […]
