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Chile's physical casinos saw a 3.7% decline in actual revenue in the first quarter of 2025, with stagnation in online regulation exacerbating pressures on the physical industry.

Chile's physical casinos saw a 3.7% decline in actual revenue in the first quarter of 2025, with stagnation in online regulation exacerbating pressures on the physical industry.

Despite a nominal increase in income, the actual revenue of physical casinos in Chile still fell by 3.7% year-on-year in the first quarter of 2025. This trend reflects the multiple challenges faced by traditional gambling venues against the backdrop of delayed clarity in iGaming regulation.According

34like·0comment06-01
PAGCOR remits 12.67 billion pesos to the national treasury, accounting for 75% of the net revenue for the fiscal year 2024.

PAGCOR remits 12.67 billion pesos to the national treasury, accounting for 75% of the net revenue for the fiscal year 2024.

According to the instructions from the Philippine Finance Minister to the state-owned companies, PAGCOR has remitted 75% of its net income for 2024 to the national treasury.In fact, this amount totals 12.67 billion Philippine pesos (approximately 230 million US dollars), which is 25% higher than the

23like·0comment05-15
East Timor issues its first offshore gambling license: a key step towards becoming a regional gambling hub.

East Timor issues its first offshore gambling license: a key step towards becoming a regional gambling hub.

Timor-Leste has recently taken a significant step in the gambling sector by planning to issue its first offshore gambling license, aimed at attracting international investment and promoting economic development.Government Support for the Development of Online Gambling IndustryPresident José Ramos-Ho

35like·0comment04-22
Ketira mocks the opposition: Why fight against illegal gambling but oppose the legalization of casinos?

Ketira mocks the opposition: Why fight against illegal gambling but oppose the legalization of casinos?

Former Thai Deputy Prime Minister and Finance Minister Kittiratt sarcastically criticized the opposition government's inaction in combating illegal casinos, while opposing the government's proposal to establish legal casinos.Kittiratt made a widely discussed comment on Facebook, questioning why ther

34like·0comment04-08
Casino legalization faces obstacles! Critics question the government's real motives.

Casino legalization faces obstacles! Critics question the government's real motives.

The issue of legalizing casinos in Thailand has been controversial since its proposal. Despite the government's attempt to promote the bill under the name of "entertainment complexes," many critics believe that this move lacks social consensus and could even jeopardize government stability.Particul

31like·0comment03-12
The Filipino-Chinese General Chamber of Commerce calls for the relaxation of visa requirements for Chinese tourists to mitigate some economic losses!

The Filipino-Chinese General Chamber of Commerce calls for the relaxation of visa requirements for Chinese tourists to mitigate some economic losses!

The Federation of Filipino Chinese Chambers of Commerce and Industry (FFCCCII) recently called on the government to relax visa restrictions for Chinese tourists and to promote related reforms to modernize agriculture and improve the business environment, thereby enhancing the Philippines' economic c

28like·0comment02-12
The casino bill is causing a fierce political storm! Can the Thai government break through the difficulties?

The casino bill is causing a fierce political storm! Can the Thai government break through the difficulties?

The Thai government is accelerating the promotion of the "Entertainment Complex" or "Casino Law" project, but this plan faces various challenges, and it is still unknown whether it can be completed as scheduled.In order to promote economic development, especially in terms of finding funding, the Tha

30like·0comment01-24
Curaçao approved the National Ordinance on Gambling

Curaçao approved the National Ordinance on Gambling

After various delays, the Parliament approved the standard by 13 affirmative votes to six negative ones. The Minister of Finance, Javier Silvania, explained that the reform will generate significant revenue for the state coffers.Curacao.- The Parliament of Curacao approved the new National Ordinance

21like·0comment2024-12-22
Uzbekistan: Online Gambling Legalization! Set to Become the Next "Philippines"?

Uzbekistan: Online Gambling Legalization! Set to Become the Next "Philippines"?

Recently, the Uzbekistan Cabinet passed a resolution: from January 1, 2025, online gambling, lotteries, and betting activities will be allowed within the country. Prior to this, in April, the President of Uzbekistan had already issued a decree allowing these activities.This decision by Uzbekistan un

26like·0comment2024-12-20
Investment Attraction: Porto Alegre Approved the Reduction of the Tax on Sports Betting Services

Investment Attraction: Porto Alegre Approved the Reduction of the Tax on Sports Betting Services

The Brazilian city seeks to become a hub in the sector by creating jobs and boosting the local economy.Brazil.- The municipality of Porto Alegre approved a modification that reduces the tax rate from 5 to 2 percent on the Tax on Services of Any Nature (ISSQN, acronym in Portuguese) related to sports

24like·0comment2024-12-19
Argentina's Gambling Market Growth: Legalization of Online Gambling Boosts Economic Development

Argentina's Gambling Market Growth: Legalization of Online Gambling Boosts Economic Development

The Argentine government continues to accelerate the legalization process of the online gambling market and has reached strategic cooperation agreements with several internationally renowned gambling companies.This move aims to bring new sources of revenue to the country while providing more choices

24like·0comment2024-12-05
Asian Online Gambling Landscape Transforms: Can Laos Become the New Hub for Online Gambling in Asia Following the Philippine POGO Withdrawal?

Asian Online Gambling Landscape Transforms: Can Laos Become the New Hub for Online Gambling in Asia Following the Philippine POGO Withdrawal?

The Philippines is in the final countdown of a nationwide campaign to clear out POGO gambling operators.October 15 is the deadline set by the Philippine Bureau of Immigration for POGO workers to collectively downgrade their visas and leave the country. Although many POGO workers have not yet left, t

19like·0comment2024-11-23
Unveiling Laos: Asia's Poorest Country, Surprisingly Liberal Local Women, Tourists Instantly Become Tycoons, Everyone Wants to Settle There

Unveiling Laos: Asia's Poorest Country, Surprisingly Liberal Local Women, Tourists Instantly Become Tycoons, Everyone Wants to Settle There

Sea cucumbers, abalones, king crabs, caviar, these high-end ingredients here only cost a few dozen yuan per person;The streets are bustling with women, who are fashionable, charming, and generous, and see marrying Chinese men as the best choice;Can you believe that such a place really exists in Asi

22like·0comment2024-11-14
Meghalaya government launches India's first digital lottery platform

Meghalaya government launches India's first digital lottery platform

The government of Meghalaya has launched India's first fully digital lottery platform, EasyLottery. This platform integrates an end-to-end digital process, providing a seamless experience from ticket purchase to prize distribution. Chief Minister Conrad Sangma (pictured above) celebrated the launch

0like·0comment2024-09-14
The Thai government is in trouble as gambling legislation faces major setbacks.

The Thai government is in trouble as gambling legislation faces major setbacks.

Division within the Thai parliament has slowed the momentum of the casino legalization bill. According to the Bangkok Post, one of the members of the Thai coalition government, the Bhumjaithai Party, has expressed opposition to several aspects of the bill, and the support from the opposition has int

0like·0comment2024-08-17
Brazil's casino and bingo bills to be a priority after parliamentary recess

Brazil's casino and bingo bills to be a priority after parliamentary recess

On July 16, 2024, the Brazilian Congress officially adjourned. The prorogation of Parliament will last until July 31. A draft law aimed at legalizing casinos, bingo, cockfights, horse racing betting and other forms of gambling in Brazil has been awaiting a vote in the plenary session of the S

0like·0comment2024-07-23
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