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Kalshi–CNN Alliance Marks a Major Media Shift
Kalshi’s valuation has surged to US$11 billion as the platform lands an exclusive content partnership with CNN, integrating prediction-market data into mainstream reporting and accelerating the crossover between regulated event trading and major U.S. media.
Grêmio Ends AlfaBet Sponsorship Signs Energia Bet Short-Term
Grêmio ends long-term AlfaBet sponsorship after multiple missed payments, signing Energia Bet on a short-term deal for the final Brasileirão rounds, ensuring jersey visibility and temporary financial stability while pursuing a reliable long-term partner.
Uruguay Launches Gambling Chamber to Boost Investment
Uruguay has created an industry chamber to support casino and online gambling investment, streamline regulations, and advise the government on modernising the sector, marking a pivotal step toward a more competitive and transparent gaming market.
Gibraltar Warns of Severe Impact from UK Gambling Tax Hike
Gibraltar officials warn that the UK’s sharp gambling tax increases could significantly damage the territory’s economy. With remote gaming forming a major share of GDP and employment, authorities are seeking diversification and regulatory reform to protect long-term stability.
Universal Hit as Okada Manila Drags Earnings Down
Universal Entertainment has been downgraded to B- by S&P as weakening performance at Okada Manila, falling VIP activity, and competitive pressures reduce revenue and weigh on group-wide earnings. Delayed recovery and higher marketing costs further strain profitability.
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.