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Turkey Freezes TL5bn in Crackdown on Illegal Betting
Turkey’s MASAK blocked TL5bn (€100m) in funds linked to illegal betting, dismantling proxy accounts, corporate shells, and crypto channels. New regulations reinforce oversight, restricting transactions to state-approved operators and penalizing facilitators.
Cuiabá Moves to Revoke Municipal Lottery Law
Cuiabá’s City Council has approved the revocation of Municipal Law No. 6,872, ending plans for a city-run lottery. The move aligns with the STF’s suspension of municipal lottery initiatives and strengthens federal control over gambling regulation.
Study Highlights Scale of Brazil’s Illegal Online Betting
A February 2026 study estimates Brazil’s illegal online betting market generates up to R$40 billion annually, driven by regulatory costs on licensed operators, consumer confusion, and competitive advantages of unregulated platforms, while highlighting historic and structural factors.
ATG 2025 Profit Falls Amid Tax Hike and Recession
Sweden’s ATG sees operating profit decline 15% in 2025 due to higher gambling taxes and economic pressures. Casino and sports betting dip, while horse racing revenue shows resilience, highlighting risks to the sport’s funding.
Brazil President Urges Scrutiny on Banks and Betting Firms
Brazil’s president called for tighter investigative scrutiny on banks and betting companies during a meeting with the prosecutor-general, as the Banco Master probe and Supreme Court proceedings intensify financial and regulatory pressure.
Sands China Doubles Dividend, Names Patrick Dumont Chair
Sands China Ltd raised its 2025 final dividend to HKD0.50 per share and confirmed Patrick Dumont as incoming chairman, highlighting stable shareholder returns and leadership continuity despite a year-on-year profit decline.
Sri Lanka’s Hyatt Tower Attracts Investor Interest in Casino
Sri Lanka’s stalled Hyatt Tower project in Colombo is attracting investors, with interest in a potential casino license becoming a central factor. Pre-qualification ensures only serious buyers access confidential project data and bidding opportunities.
Westside Resort Unveiled with New Structure in Manila
Manila’s former LET X project has been rebranded as Westside Resort under ECRC. Alliance Global Group and Travellers will oversee operations, keeping the project on track for a third-quarter 2026 opening in Entertainment City.
Criciúma Secures Bolsa de Aposta as 2026 Master Sponsor
Criciúma Esporte Clube has signed Bolsa de Aposta as its master sponsor for 2026, covering jersey branding, stadium visibility, and educational initiatives on responsible betting, marking a key financial and strategic milestone for the club.
Melco Reports Stable Macau Performance in Q4 2025
Melco maintains a stable outlook for its Macau operations, with strong Q4 gains at City of Dreams and Studio City offsetting challenges at Altira and Mocha clubs, as the company avoids increasing promotional spend.
Tomakomai Steps Up Efforts for Hokkaido Casino Bid
Tomakomai is actively pursuing an integrated resort with casino support from Hokkaido prefecture. The city is preparing bids, site scouting, and promotional initiatives ahead of Japan’s second IR application window in 2027.
Latin America Betting Trends: Regional Patterns, Local Peaks
A Blask study reveals that betting peaks in Latin America vary by country, influenced by cultural events, sports schedules, and year-end bonuses, showing the importance of localised strategies despite regional economic similarities.