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Brazil Senate Approves Gradual Rise in Betting Tax
Brazil’s Senate committee approved PL 5.473/2025, gradually increasing the gross gaming revenue tax from 12% to 18% by 2028, affecting betting operators and payment fintechs while funding social and health programs.
Star Entertainment Board Reshuffled After Bally’s Deal
Star Entertainment Group has completed a board overhaul following Bally’s AU$300 million rescue deal. New directors Soo Kim, George Papanier, and Bruce Mathieson Jr join the board to guide strategic recovery and operational improvements.
Macau November GGR Rises 14% Despite Seasonal Slowdown
Macau generated MOP21.09 billion in November GGR, rising 14% year-on-year despite seasonal declines and mid-month hotel constraints from the National Games. Strong non-gaming offerings and Golden Week momentum helped keep 2025 revenue on track to exceed annual targets.
Genting Berhad Accelerates Takeover of Genting Malaysia
Genting Berhad advances its mandatory takeover of Genting Malaysia, issuing MYR255 million in medium-term notes to consolidate holdings across Resorts World properties, including New York City, while awaiting critical regulatory decisions in the US.
Montenegro Rejects Challenge to New Gambling Law
Montenegro has rejected a constitutional review of its new gambling law, confirming plans to implement wide-ranging reforms. While the government insists the framework is lawful and balanced, operators warn the rules could destabilise the regulated market.
Brazil Proposes Online Betting Tax for Security Funding
Brazil’s Anti-Faction Bill proposes a 15% tax on online betting to finance prison expansion and strengthen law enforcement, creating a long-term link between the growing digital gambling market and national public security priorities.
Brazil Sports Betting Market Surges Nearly 18,000%
Brazil’s sports betting and iGaming sector has grown nearly 18,000%, creating jobs, boosting the digital economy, and highlighting the critical need for full regulatory implementation and robust operational infrastructure.
Palasino Reports H1 Growth, Expands Central European Casinos
Palasino Holdings grew H1 2025 revenue to HKD305M despite rising costs. Gaming income strengthened, and the group is advancing expansion with Palasino Mikulov in the Czech Republic while exploring further European market opportunities.
Genting Malaysia Q3 Revenue Up 22% on VIP Gains
Genting Malaysia posted 22% revenue growth in Q3 2025, led by VIP activity at Resorts World Genting. International operations showed mixed results, while preparations continue for Resorts World New York City’s commercial license.
RGB International Q3 Revenue and Profit Plunge
RGB International posted a sharp Q3 2025 decline, with pre-tax profit down 73% to RM5.5 million. Lower sales, high jackpot payouts, and FX volatility weighed on revenue and operational performance across Southeast Asia.
Buenos Aires Modernizes Land-Based Casinos to Protect Jobs
The Province of Buenos Aires is modernizing its land-based casinos with digital payments, updated machines, and entertainment initiatives to strengthen in-person gaming while protecting thousands of jobs and supporting local horse racing and tourism.
Argentina Updates Online Betting Tax Rules for 2025
Argentina’s ARCA Resolution 5791/2025 overhauls online betting indirect taxes, streamlining registration, verification, and foreign operator listings while linking reduced perception rates to employment. The reforms aim to enhance transparency, compliance, and regulatory predictability.