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InPlaySoft releases report on Brazil's regulated gambling market for the first half of the year: tax revenue reaches 685 million euros.

InPlaySoft releases report on Brazil's regulated gambling market for the first half of the year: tax revenue reaches 685 million euros.

InPlaySoft recently released a semi-annual report on the regulated online gambling market in Brazil, showing that the industry paid a total of about 3.8 billion Brazilian reais (approximately 685 million euros) in taxes in the first six months of 2025, reflecting the strong contribution of the gambl

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Gambling tax revenue surges by 64%, Angola's gambling industry is booming, will it replicate the Southeast Asian miracle?

Gambling tax revenue surges by 64%, Angola's gambling industry is booming, will it replicate the Southeast Asian miracle?

In the first half of 2025, Angola's gambling tax revenue saw a year-on-year surge of 64.2%, reaching 13.23 billion Kwanzas (approximately 14.5 million USD), which has already exceeded 74.6% of the total tax revenue for the year 2024. With the current growth rate, gambling tax revenue is expected to

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In the first half of 2025, Brazil's gambling tax contributions amounted to 3.8 billion reais, with June alone reaching 764 million reais in tax revenue.

In the first half of 2025, Brazil's gambling tax contributions amounted to 3.8 billion reais, with June alone reaching 764 million reais in tax revenue.

Brasília—According to the latest tax report for June 2025 released by the Brazilian Federal Revenue Service, the regulated sports betting and online casino industry paid approximately 764 million Brazilian reais (about 138.4 million US dollars) in taxes in June. In the first half of the year, the in

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Hong Kong plans to open basketball betting, competing for taxes with "Southeast Asian underground bookmakers"!

Hong Kong plans to open basketball betting, competing for taxes with "Southeast Asian underground bookmakers"!

Small bets for pleasure, big bets for financial loss? The Hong Kong government is pushing a key "upgrade" in the gambling industry—the legalization of basketball betting, not only to challenge the underground kingdom of illegal betting on basketball but also to snatch gold from the jaws of Southeas

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U.S. online casinos set a record in March with revenues surpassing $900 million, boosted by sporting events.

U.S. online casinos set a record in March with revenues surpassing $900 million, boosted by sporting events.

The US online casino market has reached a historic moment. In March 2024, the combined revenue of seven states with legal digital casino platforms reached $905.6 million, a significant increase of 26.2% compared to the same period last year, setting a new industry record.This impressive performance

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At the Nebraska legal digital gambling hearing: There are more people against digital sports betting than those in support.

At the Nebraska legal digital gambling hearing: There are more people against digital sports betting than those in support.

Nebraska legislators listened to over three hours of testimony at the first legal digital gambling hearing. Although no votes were cast, opponents dominated the meeting.The General Affairs Committee of the Nebraska Legislature heard opinions on four bills legalizing sports betting from various repre

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Thailand's Online Gambling Reform: The Economic Gamble and Potential Risks

Thailand's Online Gambling Reform: The Economic Gamble and Potential Risks

The Digital Economy and Society Department (DES) is pushing for the legalization of online gambling, but this seems far from a prudent move.Last week, DES Minister Prasert Jantararungtong stated that the cabinet has in principle approved the department's proposal to regulate online gambling activiti

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Nebraska casinos generated $145 million in revenue last year

Nebraska casinos generated $145 million in revenue last year

The Nebraska Racing and Gaming Commission’s latest report shows the four casinos in Nebraska generated $29 million in tax revenue last year.Of that, $20 million will help alleviate local property taxes.Casey Ricketts is the executive director of the Nebraska Racing and Gaming Commission. She said th

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Will there be a new expansion of the iGaming gambling industry in the United States in 2025? It seems unlikely.

Will there be a new expansion of the iGaming gambling industry in the United States in 2025? It seems unlikely.

On the eve of the 2025 legislative sessions in various US states, will the gambling industry expand in the next 12 months, or will the hopes for new online casino states face the same fate as in 2024?Last year, several states discussed whether to include online casinos in their services. However, no

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Poland floats EU group to combat unregulated gambling

Poland floats EU group to combat unregulated gambling

Poland has proposed the EU form a working group to combat unregulated gambling as part of a bid to recover lost tax revenue.The Central European country, which has held the EU’s six-month rotating presidency since 1 January, argued EU countries should direct their focus to combatting unlicensed gamb

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Oklahoma lawmakers to renew legal sports betting push with bill already submitted ahead of legislative session

Oklahoma lawmakers to renew legal sports betting push with bill already submitted ahead of legislative session

Oklahoma lawmakers are set to renew the push for legal sports betting in the new year. Former coach and now Oklahoma State Senator Dave Rader has submitted a bill ahead of the legislative session to bring the activity to the state. Rader believes launching sports betting in Oklahoma will help raise

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Breaking new highs, Massachusetts casinos and online sports betting revenue exceeded $181 million in November.

Breaking new highs, Massachusetts casinos and online sports betting revenue exceeded $181 million in November.

In November 2024, Massachusetts' casinos and sports betting operations achieved a significant financial milestone, generating over $181 million in revenue.The latest report from the Massachusetts Gaming Commission shows that the total gaming revenue (GGR) from casinos was $100.86 million, and the t

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The European Gaming and Betting Association (EGBA) urges Austria to modernize regulations for online casinos.

The European Gaming and Betting Association (EGBA) urges Austria to modernize regulations for online casinos.

As discussions on the modernization of gambling regulation gain momentum, Austria is at a pivotal moment.Despite 21 EU member states adopting a multi-license framework for online casino games, Austria remains one of the only two countries (the other being Poland) that still maintains a monopoly syst

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Macau government collects $1 billion in gaming tax revenue in November

Macau government collects $1 billion in gaming tax revenue in November

Information from Macau’s Financial Services Bureau (DSF) shows that the government’s gaming tax revenue in November reached MOP$8.0 billion (US$999 million), up 6.4% year-on-year and some 20.3% higher than in October.The November tax figure correlates to Macau’s gross gaming revenues for the month o

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Legal sports betting delivers $6 million tax revenue to Maine in first year

Legal sports betting delivers $6 million tax revenue to Maine in first year

It’s been one year after sports betting went “live” in Maine, and stakeholders are reflecting on its impact.At Oddfellahs Sportsbook and Bar in Portland, operator David Timulevich explained crowds have kept coming since opening as the state’s only in-person betting location.“The crowds have been ama

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How much did Kentucky bet on sports in the first year of legal betting?

How much did Kentucky bet on sports in the first year of legal betting?

Kentucky residents bet $2.9 billion in the first 14 months of legal sports betting in the commonwealth, according to a new report from the Kentucky Horse Racing and Gaming Corporation.The total includes bets placed from September 2023 through October 2024. Of the $2.9 billion in wagers, $2.8 billion

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