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The Philippines plans to enforce online gambling companies to go public and increase taxes, ushering in a regulatory storm for the industry.

The Philippines plans to enforce online gambling companies to go public and increase taxes, ushering in a regulatory storm for the industry.

The Philippine government is brewing major regulatory changes for the online gambling industry. According to Philippine media, authorities plan to require all licensed online gambling operators to be listed on the Philippine Stock Exchange (PSE) to enhance industry transparency and accountability me

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Cambodian casinos' two-year grace period expires, new VAT policy implemented, official levy starting from 2025.

Cambodian casinos' two-year grace period expires, new VAT policy implemented, official levy starting from 2025.

The Cambodian National Tax Authority recently announced that, with the two-year grace period coming to an end, all casinos within the country will officially start paying Value Added Tax (VAT) and Minimum Tax from January 1, 2025, marking a significant adjustment in Cambodia's gambling industry tax

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The 2025 Canadian Gaming Summit will move to Toronto, focusing on the future agenda of the industry.

The 2025 Canadian Gaming Summit will move to Toronto, focusing on the future agenda of the industry.

The 2025 Canadian Gaming Summit will be held from June 17 to 19 at the Toronto Convention Centre, where over 3,000 industry leaders and 150 speakers will gather to address the most pressing issues in the Canadian gaming industry.Key topics on the agenda include the potential return of international

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Over 50% of American adults participate in online gambling! Complete Analysis of iGaming Player Data

Over 50% of American adults participate in online gambling! Complete Analysis of iGaming Player Data

In recent years, the online gambling (iGaming) industry in the United States has experienced significant growth, with a continuously rising number of players, becoming one of the most dynamic markets globally. With technological advancements, gradual relaxation of regulations, and changes in consume

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Macau gaming revenue falls 5.6% to $2.27 billion in January on seasonal factors

Macau gaming revenue falls 5.6% to $2.27 billion in January on seasonal factors

Macau’s casino industry recorded a second consecutive month of year-on-year declines in January, with gross gaming revenue (GGR) falling 5.6% to MOP 18.25 billion ($2.27 billion), as seasonal factors weighed on performance, government data showed. The drop follows a 2.0% decline in December 2024, ma

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In three years, the Mexican state of Nuevo León collected USD 258 million in taxes from casinos.

In three years, the Mexican state of Nuevo León collected USD 258 million in taxes from casinos.

The resolution incorporates "digital services" that will enter the Fiscal Code as activities that can be taxed by the provincial treasury.Argentina.- Through Resolution No. 23 of the Ministry of Finance, Finance, Public Works and Services of Misiones, dated January 10, 2025, but published in the Of

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New Jersey gaming regulator eyes stricter reporting in rules update

New Jersey gaming regulator eyes stricter reporting in rules update

The New Jersey Division of Gaming Enforcement (DGE) is considering new regulatory requirements that would mandate gambling operators to disclose activities in other jurisdictions, broadening the scope of its oversight. The proposed changes, which were open for public comment until earlier this week

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Spanish online gaming revenue up 14% Y-o-Y in third quarter

Spanish online gaming revenue up 14% Y-o-Y in third quarter

Spanish online gross gaming revenue (GGR) reached €348.1 million ($366.5 million) in the third quarter, an increase of 14.4% from the same period in the previous year, according to the country's regulator. The Directorate General for Gambling Regulation (DGOJ)'s latest report also shows GGR was up 0

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Igaming Focus: Robinhood “keenly looking” at moving into OSB space

Igaming Focus: Robinhood “keenly looking” at moving into OSB space

IGT and Everi announced Wednesday that Hector Fernandez will lead the upcoming combination of the two companies as CEO. Fernandez’s resignation as CEO of Aristocrat Gaming was announced earlier today after six years with the company and two years as CEO.Fernandez will join the combined enterprise by

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Gambling law passed in Kenya establishes new regulator, ownership requirements

Gambling law passed in Kenya establishes new regulator, ownership requirements

The government of Kenya has adopted a new law. Now only those gambling companies with more than 30% of shares owned by Kenyan citizens can obtain a license. This practice allows for more effective regulation of the gambling industry.The Gambling Control Act has been under consideration for several y

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UK gambling reforms spark industry criticism with calls for balanced regulation

UK gambling reforms spark industry criticism with calls for balanced regulation

The UK Government’s newly announced reforms on gambling, including a mandatory levy and stake limits on online slot games, have sparked a mixed response from the Betting and Gaming Council (BGC). While the industry body reaffirmed its commitment to supporting regulatory changes outlined in the 2023

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LiveScore Bet prepares to pull out of Netherlands igaming market

LiveScore Bet prepares to pull out of Netherlands igaming market

LiveScore Group is shuttering gaming operations in the Netherlands as changes to the country’s regulatory framework continues to ratchet up the pressure on licensees, the company announced today (12 November).Plans to increase the tax rate for Netherlands igaming operators proved to be breaking poin

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Norway introducing ‘more responsible frameworks’ for bingo halls

Norway introducing ‘more responsible frameworks’ for bingo halls

Cloud hosting provider Internet Vikings has moved to expand its offering with the launch of its new flexible cloud offering, which focuses on enabling customers to scale their cloud infrastructure.The offering looks to bolster US market growth for operators hoping to expand and scale efficiently. As

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Macau’s gaming revenue hits post-COVID record at $2.6 billion in October

Macau’s gaming revenue hits post-COVID record at $2.6 billion in October

Macau's gaming revenue climbed to a new post-COVID record in October, bolstered by a surge in tourism during China's Golden Week holiday. Gross gaming revenue reached 20.8 billion patacas ($2.6 billion), a 6.6% year-on-year increase, according to figures released Friday by the Gaming Inspection and

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KMI Group’s Keith McDonnell: Approaching a ‘critical period’ for gambling in the Philippines

KMI Group’s Keith McDonnell: Approaching a ‘critical period’ for gambling in the Philippines

After a spell of regulatory overhaul, the Philippines gaming sector faces ‘a critical period’ if it is to retain its status as a hub for major operators.Keith McDonnell, Director at the KMI Group with a wealth of history with the Asian market, explained that the decision of President Marcos to outla

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PAGCOR celebrates upward trajectory as regulatory evolution continues 

PAGCOR celebrates upward trajectory as regulatory evolution continues 

PAGCOR has lauded a significant period of growth, as it recorded a 42% year-over-year revenue increase for the first nine months of 2024.In total, the group landed Php79.43bn (US$1.36bn) of revenue as the Philippines’ gambling sector navigates a new regulatory landscape.The set of results underlined

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