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Codere Prepares for Mexico’s 2026 IEPS Tax Overhaul
Mexico’s gaming sector is set for major change as the IEPS tax rises to 50% in 2026. Codere expects tougher regulation to eliminate non-compliant operators and sees the World Cup as a boost while it restructures partnerships and operating costs.
Casino Parque Hotel Clash Escalates in Montevideo
Tensions are intensifying in Montevideo over the future of Casino Parque Hotel, with opposition parties demanding its closure while government officials pursue a national transfer. Mounting financial losses and political gridlock continue to stall a definitive outcome.
Macau Projects MOP92.7B in 2026 Tax Revenue
Macau expects to collect MOP92.7 billion in tax revenue in 2026, with gaming duties remaining the largest contributor. Officials warn of external economic risks, reduced GGR expectations, and ongoing pressures affecting long-term revenue stability.
Kangwon Land Hits Record Earnings and Advances Expansion
Kangwon Land reported record 2024 revenue and profits, increased shareholder returns, and progress on major expansion plans, including a second casino. Regulatory reforms and stronger governance structures further supported the operator’s long-term growth strategy in Korea.
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.
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.
Macau Premium Segment Drives Strong 2025 Gaming Recovery
Macau’s gaming market rebounds sharply in 2025, led by premium and VIP play. Sands China and Galaxy Entertainment capture growing market share as tourism stabilizes and regional financial confidence boosts high-value customer spending.
Better Collective Holds 2025 Outlook Despite Q3 Decline
Better Collective posted a softer Q3 as low sports margins and Brazil’s regulatory shifts weighed on revenue. Despite the downturn, the group reaffirmed its 2025 outlook, supported by strong paid media growth, new financing, and accelerated AI expansion.
La Pampa Online Gaming Surpasses Traditional Gambling
Online gaming in La Pampa now exceeds revenues from traditional games, with digital platforms driving growth. Authorities highlight the persistence of illegal betting and stress the importance of licensed channels for safe play.
Macau Gaming Taxes Rise 6.1% Amid Casino Recovery
Macau’s casinos drive MOP77.47 billion in gaming taxes through October 2025, up 6.1% YoY. Mass-market GGR peaks since 2019, supporting public finances as the city balances casino recovery with gradual non-gaming diversification.