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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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Betting in Brazil: bill presented to increase tax burden

Betting in Brazil: bill presented to increase tax burden

Representative Cleber Verde introduced a legislative initiative to increase the taxation of companies from 12 to 20 percent of the Gross Gaming Revenue.Brazil.- Federal deputy Cleber Verde presented the Bill No. 4.034/2024 in the Chamber of Deputies. The parliamentarian proposes to increase the tax

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