Economy/Finance | World Casino News

UK Gambling Sector Braces for Heavy Tax Burden Despite Racing Carve-Out

December 9, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Horse Racing, Gaming Industry News, Economy/Finance, Horse Racing, Taxation, United Kingdom

The Chancellor’s Autumn Budget has prompted strong concern within the betting and gaming sector following plans to sharply raise taxes across online gaming and sports betting. Although racing has avoided a dire...

Genting Group Sees Multiple Moody’s Downgrades Amid Rising Debt

Johnny K.

December 9, 2025

Latest Casino and Gambling News, U.S.A., Las Vegas, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Malaysia, Singapore, Nevada, New York

Moody’s Ratings has issued a series of downgrades across Genting Berhad and two major subsidiaries after months of review, pointing to heavier debt loads and a slower rebound in earnings. The rating agency’s la...

Bally’s Secures Major Financing to Advance Casino Projects

Johnny K.

December 9, 2025

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, New York

Bally’s Corporation has arranged $1.1 billion in new loan commitments, setting the stage for debt refinancing and providing support for major development projects, including its pursuit of a full commercial cas...

New York Reports Record Online Sports Betting Revenue

Johnny K.

December 8, 2025

U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Fantasy Sports, Financial Press Releases, New York

New York’s online sports betting market posted another milestone in November, as state regulators reported all-time-high revenue figures driven by strong results from the largest operators and a surge of holida...

Genting Berhad Raises New Funding as Takeover Drive Continues

Johnny K.

December 8, 2025

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Malaysia, Mergers, Acquisitions & Partnerships, New York

Genting Berhad has intensified its financing activities as it works to increase its ownership of Genting Malaysia Berhad, unveiling a major notes program and issuing additional debt through two subsidiaries. Re...

Why the UK’s New Online Gambling Taxes and Regulations Leave Operators With Questions

admin2

December 5, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Taxation, United Kingdom

The UK's online betting and iGaming industry is currently facing a new tax structure and increasingly strict player protection rules. This article details the complex pressures shaping the response. The reg...

Estonia Moves Forward With Online Gambling Tax Cut

Vanja Mitic

December 5, 2025

Gaming Law & Legislation, Latest Casino and Gambling News, Online gaming software, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Estonia, Taxation, Online Gambling News

Estonia has taken a significant legislative step by approving a phased reduction of its online gambling tax, setting the rate on a path from 6 percent to 4 percent over two years. The decision followed a 51–31 ...

October’s CA$367.7m Sets New Monthly Revenue Record for Ontario’s iGaming Industry

admin2

December 4, 2025

Latest Casino and Gambling News, North America Casino News, Canada, Gaming Industry News, Economy/Finance, Ontario, Mobile gaming, Sports betting, Online Gambling News

Ontario’s regulated iGaming market continued its run in October, setting new highs in both wagering and revenue. The latest figures illustrate a market that’s still expanding. With increased player engagement, ...

Brazil Senate Panel Moves Forward on Tax Changes for Bets and Dividends

Johnny K.

December 4, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Brazil, World Casino News, Gaming Industry News, Central & South America Gaming, Economy/Finance, Taxation, Sports betting, Online Gambling News, Taxes

A bill reshaping tax obligations for online betting operators, fintechs, and dividend payments cleared the Brazilian Senate’s Economic Affairs Committee (CAE) this week with a broad majority. The measure passed...

Universal Entertainment Faces Deteriorating Earnings as Slow Recovery Continues

Vanja Mitic

December 3, 2025

Latest Casino and Gambling News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Financial Press Releases, Philippines

Universal Entertainment Corp. (UE) has revised its 2025 earnings forecast downward, signaling a challenging year ahead for the company. The gaming and entertainment giant, which operates casinos and gaming mach...

Macau’s Gaming Industry Set for Robust Finish to 2025 as GGR Surges

Vanja Mitic

December 3, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

Macau’s gaming sector is showing signs of a strong finish to 2025, with analysts forecasting significant growth in December following a solid performance in November. As the city continues its post-pandemic rec...

Accel Broadens Nevada Gaming Reach Through Dynasty Games Acquisition

Johnny K.

December 3, 2025

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Nevada

Accel Entertainment is widening its position in Northern Nevada through the purchase of Dynasty Games’ route operation assets, marking another step in the company’s multi-year expansion strategy. The deal, comp...

Genting Halts Its Pursuit to Fully Take Over Genting Malaysia

Vanja Mitic

December 2, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino moguls, Economy/Finance, Mergers, Acquisitions & Partnerships

Genting Bhd’s effort to assume full ownership of Genting Malaysia has concluded without meeting its intended target, leaving the parent company with a 73.13% interest in the operator. The takeover initiative, l...

Macau’s November Casino Revenue Climbs While Seasonal Factors Slow Monthly Results

Johnny K.

December 1, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases

Macau’s casino sector recorded solid year-over-year growth in November, even as overall gaming activity eased from October’s high point. Data released by the Gaming Inspection and Coordination Bureau and compil...

South Africa Proposes 20% National Tax on Online Gambling Amid Growth

Vanja Mitic

November 27, 2025

Latest Casino and Gambling News, South Africa, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Taxation, Taxes

South Africa’s National Treasury is seeking public input on a new proposal that could significantly change the landscape of online gambling in the country. As the online betting industry has exploded, the Treas...

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UK Gambling Sector Braces for Heavy Tax Burden Despite Racing Carve-Out

Genting Group Sees Multiple Moody’s Downgrades Amid Rising Debt

Bally’s Secures Major Financing to Advance Casino Projects

New York Reports Record Online Sports Betting Revenue

Genting Berhad Raises New Funding as Takeover Drive Continues

Why the UK’s New Online Gambling Taxes and Regulations Leave Operators With Questions

Estonia Moves Forward With Online Gambling Tax Cut

October’s CA$367.7m Sets New Monthly Revenue Record for Ontario’s iGaming Industry

Brazil Senate Panel Moves Forward on Tax Changes for Bets and Dividends

Universal Entertainment Faces Deteriorating Earnings as Slow Recovery Continues

Macau’s Gaming Industry Set for Robust Finish to 2025 as GGR Surges

Accel Broadens Nevada Gaming Reach Through Dynasty Games Acquisition

Genting Halts Its Pursuit to Fully Take Over Genting Malaysia

Macau’s November Casino Revenue Climbs While Seasonal Factors Slow Monthly Results

South Africa Proposes 20% National Tax on Online Gambling Amid Growth

Fennica Gaming Debuts on Québec’s Regulated Casino Platform

Stoke Man Sentenced for Large-Scale Illegal WhatsApp Gambling

Supervisors Clash Over Future Casino Plans in Fairfax County

Massachusetts Challenges Kalshi Over Sports Event Trading

Vietnam Considers New Framework for Casino Entry Rules