Brazil’s regulated betting market produced almost BRL8 billion after launching on 1 January. Tax revenue from Brazil’s regulated betting market totalled BRL1.09 billion ($202.7 million) in October. September’s total exceeded this figure. The Federal Revenue Service released monthly tax data on Monday. The BRL1.09 billion marked a 9.4% decline from September’s BRL1.21 billion. Total market […]
Remote Gaming Duty Will Reach 40% Based on the Leaked OBR Document
November 28, 2025The Office for Budget Responsibility published a statement too early. This document shows Chancellor Rachel Reeves’ plans to increase remote gaming duty to 40%. The new rate starts in April 2026. Stock prices for gambling companies fell before the UK’s 2026 Budget announcement. Tax reforms turned out worse than traders predicted. The OBR wrote this information […]
Lottery Operator in UAE Creates Online Gambling Brands
November 28, 2025The UAE Lottery company built TrueWin and Dream Island. AGBI checked the records about these platforms. Each website has casino games and sports betting. Live dealer games, poker, roulette and slots exist on the casino side. Football, tennis, cricket and basketball bets happen on the sportsbook. More sports are available. These sites belong to Momentum. […]
Australia’s Victoria Applies Gambling Fines Near the Christmas Season
November 28, 2025The gambling regulator in Victoria urged venue operators to verify trading hour compliance. Clubs and hotels risk receiving fines or censure for regulatory breaches. Victorian Gambling and Casino Control Commission (VGCCC) CEO Suzy Neilan leads enforcement efforts. Early compliance becomes essential during extremely busy festive trading periods. The VGCCC implemented disciplinary measures against venues throughout […]
CFTC Affirms Legitimacy of Prediction Markets
November 28, 2025Caroline Pham, acting chair of the Commodity Futures Trading Commission, said that prediction markets operating through designated contract markets, or DCMs, are following the law. Her comments come as some states try to ban or limit these markets. This is the CFTC’s clearest statement so far that prediction markets can operate under current federal rules. […]
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