iGaming Business News

Wednesday’s Senate Plenary meeting brought mixed results for gambling legislation. Thirty-six senators voted no, while twenty-eight supported urgent processing. Sports betting tax alterations passed quickly despite casino bill delays. Bill PL 2.234/2022 covers casinos, bingo halls, jogo do bicho, and horse race wagering. Standard legislative procedures remain in effect after urgency rejection. Final voting requires […]

Arizona is moving to revoke Underdog’s daily fantasy sports licence, bringing prediction markets back into focus for US regulators. The issue was widely discussed at a four-day gaming conference in Puerto Rico, where lawmakers and regulators met to talk about sports betting and related products. Chris Kotterman from the Arizona governor’s office spoke about the […]

Swedish gambling companies sent a letter to the finance ministry yesterday. The letter opposes different tax rates for different gambling types. December 15 marked the publication date of this important document. Thirteen chief executives signed the letter together. Entain, Betsson, and LeoVegas leaders joined the opposition group. ATG wants to lower the horse racing tax […]

Chicago officials are moving forward with plans to tax sports betting operators, even as some Illinois lawmakers try to block cities from setting their own gambling taxes. A revised city budget filed last week still includes a 10.25 percent tax on sportsbook operators within Chicago, keeping the plan in place. The decision comes as the […]

Operators in Colombia waited nearly a year for this decision. The 19% VAT measure will end in just a few days. The Colombian Congress voted down the Financing Law yesterday. The law would have kept the 19% value-added tax on gambling forever. Last Tuesday brought defeat for the financing bill in the Senate’s Fourth Committee. […]

Finland’s parliament has approved major changes to the country’s gambling laws, a big shift for the sector. The law now goes to the president for approval, completing the lawmaking process for what is considered the most important change in Finnish gambling rules so far. The new Gambling Act was supported by over 94 percent of […]

Politicians in Brazil gave betting companies breathing room this week. The controversial CIDE-Bets measure vote got pushed to 2026. Lawmakers postponed voting on the Antifaction Bill during Monday’s meeting. This bill contains a 15% tax on gambling deposits in Brazil. The delay affects PL 5,582/2025 legislation completely. Government and opposition parties both supported this postponement […]

America’s tax agency made an announcement yesterday. The reporting limit for gambling prizes will jump to $2,000 in January 2026. This decision ends the confusion that lasted several months. Congress passed the One Big Beautiful Bill Act of 2025 (OBBB) earlier. The law changed old reporting standards. Tax officials stayed silent until this week. A […]

State officials want to modernise Nevada’s gaming regulations. Industry changes demand new approaches. Gaming Control Board members met Tuesday for several hours. Participants discussed rules covering multiple gaming industry sections. Board members completed their third workshop this month. Nevada seeks to update and simplify its regulatory framework. Industry representatives complained for years about Nevada’s outdated […]

DraftKings and FanDuel will keep their licenses in Arizona. Citizens analysts believe Arizona’s action against Underdog won’t affect them. The state removed Underdog’s fantasy sports license because of its connection to Crypto.com. Both companies chose the safest path to avoid problems with the states. They plan to start their own prediction market platforms soon. A […]