The Philippine Amusement and Gaming Corporation (PAGCOR) has released a new report indicating that licensed online gambling has become a significant source of revenue for the national treasury, while also warning of the potential risks posed by illegal operators.From January to July 2025, the total
With the launch of high-speed, low-latency satellite internet, Angola's online gambling and gaming industry is undergoing significant transformation. The service launched by Angola Internet Technology Company (ITA), a subsidiary of Paratus Group, has officially gone live, with the most advanced OneW
The Colorado Department of Gaming has released a report showing that the 2024-25 fiscal year set a new record for sports betting within the state, with player wagers reaching $6.3 billion, an increase of $287 million from the previous fiscal year, and a 130% growth from the first full fiscal year of
The Brazilian Gaming and Betting Secretariat (SPA) latest data shows that in the first six months of the licensed gaming market's operation in Brazil, total gaming revenue reached 17.4 billion Brazilian Real (approximately 3.2 billion US dollars). The market officially launched on January 1 this yea
According to the latest data from the Danish Gambling Authority (Spillemyndigheden), the total gross gaming revenue (GGR) for the regulated gambling market in Denmark in June 2025 was 585 million Danish kroner, a year-on-year decrease of 17%.The biggest drag came from sports betting. Due to the abs
Ethiopia has recently passed Announcement No. 1395/2025, officially increasing the tax on gambling profits and strengthening the turnover-based taxation measures for operators, aimed at further increasing national revenue. This initiative covers various types of gambling games including lotteries, r
In the first half of 2025, 25 legally operating casinos in Chile paid a total of 1001.63 billion Chilean pesos (approximately 102.3 million US dollars) in taxes, a 3.5% decrease compared to the same period in 2024. Despite the decline, casinos remain an important source of revenue for the treasury.A
The Philippine government has recently intensified its regulation of the online gambling industry, causing widespread concern in the sector. Juan Paolo Colet, Managing Director of Chinabank Capital, pointed out that this round of policy upgrades will ultimately strengthen the market dominance of lar
Belle Corp., a subsidiary of SM Group, recently announced that it will suspend its plans to expand its online gambling business. Senior management admitted that in light of the recent intense debates over online gambling regulation in the Philippines, Belle has decided to adopt a more cautious "wait
Boyd Gaming announced its second quarter financial report for 2025, achieving a revenue of $1 billion, a year-on-year increase of 6.9%, surpassing the first quarter's $991.6 million, and once again demonstrating its robust growth momentum. Net income increased by 7.5% year-on-year to $150.4 million,
Despite the growing momentum of the Brazilian gambling market, Spanish gambling operator Cirsa has recently made it clear that it will not include Brazil in its expansion plans for the time being, citing the immature local infrastructure, unstable licensing system, and high compliance costs.In the p
Bo Bernhard, the Vice President for Economic Development at the University of Nevada, Las Vegas, is optimistic about the prospects of the gambling industry in Thailand. He believes that the Bangkok market has great potential and could even surpass Singapore in terms of tourist attraction and gamblin
The American Gaming Association (AGA) has released the "2025 U.S. State of the States and Gaming Industry CEO Outlook" report, showing that U.S. commercial gaming revenue is expected to grow by 7.5% year-over-year in 2024, reaching a record $72.04 billion.This marks the fourth consecutive year of re
Light & Wonder has started 2025 with steady revenue growth, achieving a 2% year-over-year increase in total revenue for the first quarter, reaching $774 million. This marks the 16th consecutive quarter of year-over-year revenue growth, thanks to the robust performance of its gaming and iGaming divi
Supplier Inspired Entertainment announced its Q1 2025 revenue of $60.4 million, a 3% decrease year-over-year, with an adjusted net loss of $2.8 million. While quarterly revenue saw a decline, the adjusted EBITDA for the Interactive Business Division saw a significant increase of 75% year-over-
In March, spending by players in Virginia on sports betting increased, driving a 6.4% year-over-year growth in adjusted total revenue.The adjusted total revenue from sports betting in Virginia for the month reached $45.1 million, surpassing the $42.4 million reported in March of last year, but down
