Study estimates municipal betting could generate $2 billion in Brazil’s annual federal revenue

Summary A study by Leme Consultores predicts that municipal betting in Brazil could bring in BRL11.6 billion (approximately $2 billion) annually for the federal government. This analysis comes amid ongoing debates regarding the constitutionality of municipal lotteries, especially after a claim was made to suspend them. The Supreme Federal Court (STF) has allowed these lotteries […]

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Kindred subsidiary handed SEK10m fine in Sweden

Kindred’s subsidiary, Spooniker, has been handed a SEK10 million fine by the Swedish regulator Spelinspektionen for failing to address previously flagged anti-money laundering (AML) issues. The fine comes after a review revealed shortcomings in Spooniker’s customer due diligence processes, essential for preventing money laundering and terrorist financing. Details of the Case Spooniker operates under various […]

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Czech Court grants Prague autonomy to regulate gambling independently

The Constitutional Court of the Czech Republic has made a groundbreaking decision, allowing Prague’s city districts to regulate live gambling independently. This ruling empowers each district to impose their own restrictions or even ban gambling activities, addressing local conditions and concerns. Source: Yogonet International Key Points Prague can now independently regulate live gambling, impacting its […]

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Ukraine’s New Gambling Regulator Receives Expanded Powers

Ukraine’s gambling authority, PlayCity, is stepping up its game with expanded powers designed to enhance oversight of the country’s betting industry. Newly implemented rules by President Zelenskyy aim to restore trust and combat illegal operations, following the dismantling of its predecessor, KRAIL. Key Points PlayCity replaces KRAIL and comes with expanded powers to oversee Ukraine’s […]

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PAGCOR surges by 11 per cent with over half of gaming revenues coming from electronic games

The Philippine Amusement and Gaming Corporation (PAGCOR) has reported impressive financial results for the first quarter of 2025, highlighting a strong focus on electronic gaming revenues. The agency’s revenues surged by 11%, totalling Php28.07bn (US$503m). Source: G3 Newswire Key Points PAGCOR Revenues: Php28.07bn, an 11.2% increase from the previous year. Electronic Games and E-Bingo contributed […]

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Indonesian Gov’t Seizes $36.2M From ‘Online Gambling-linked Bank Accounts’

Indonesian authorities have launched a major crackdown on illegal online gambling, leading to the seizure of approximately $36.2 million from linked bank accounts. This robust initiative involves freezing over 5,000 accounts as part of efforts to combat the growing issue of online gambling in the country. The move underscores a continued commitment from both the […]

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Asia’s IRs have pivoted toward a broader revenue mix: Panel

The recent panel discussion held at the Asian IR Expo revealed that integrated resorts (IRs) in Asia are evolving by expanding their revenue sources beyond traditional gaming activities. Industry experts highlighted the importance of non-gaming amenities as crucial to attracting and retaining a wider audience. Key Points IRs are shifting focus towards non-gaming attractions to […]

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