iGaming Finance News

Data from the Sociological Institute at the Slovak Academy of Sciences said 400,000 Czech players use illegal gambling sites and the figure signals a serious market problem. The Czech Republic loses over CZK330 million or $15.9 million each month in tax money from legal gambling operators as people play on unlicensed sites unknowingly. Data came […]

New York’s sports betting market ended 2025 with one of its biggest months ever. In December, sportsbooks in the state made $259.7 million in gross gaming revenue, the second-highest total on record after November’s $280.6 million. Revenue was up 72.7% compared to December 2024, showing how quickly the market is growing even after several years. […]

U.S. commercial gaming bounced back strongly in October after a slow September, with growth across all major sectors. The American Gaming Association’s Commercial Gaming Revenue Tracker said, “U.S. commercial gaming revenue grew 17.0% year-over-year in October, reaching $6.81 billion with all three major verticals expanding.” The report said the results show 2025 is on track […]

The Colombian government has changed how it taxes online gambling. Instead of taking 19% VAT from the money players deposit, the tax will now be taken from the real income the companies make after paying out winnings. This means gambling firms will be taxed on what they actually earn, not on all the money that […]

Operators will see a step-by-step rise in tax which will reach 13% in 2026, 14% in 2027 and 15% in 2028. Brazilian gambling sector is now preparing for higher taxes in the coming years, and this decision brings mixed reactions across the market. A new law approved by President Luiz Inácio Lula da Silva increases […]

Sri Lanka’s Inland Revenue Department has introduced new taxes for the betting and gaming industry, effective 1 January 2026. The changes raise the casino entrance fee and the gross collection levy for operators. The move follows updates to the Betting and Gaming Levy Act, first passed in 1988 and recently amended by the Betting and […]

Brazilian President Luiz Inácio Lula da Silva has approved a new law that will raise taxes on betting companies in the country. The tax rate will go up from 12 percent to 15 percent by 2028. The government says the change is meant to increase revenue from the growing online betting market. The Ministry of […]

Rocket, a crypto app experimenting with what it calls “redistribution markets,” just pulled in $1.5 million in pre-seed funding. This raise puts Rocket alongside a handful of other young crypto startups that managed to land early-stage funding as the year wrapped up. Investors clearly haven’t lost their appetite for novel ideas in the space, even […]

GGBet informed players about closing UK services. The company gave up its Gambling Commission licences in early January. GGBet is shutting down its UK operations after giving up its licences with the Gambling Commission earlier this month. They’ve told customers the closure is planned, not a surprise, and the process has already started. On its […]

Banijay Group, the French company behind TV hits like Koh-Lanta, just made a big leap beyond entertainment. Banijay said it’s buying a majority stake in Tipico Group, a top player in sports betting and gaming across Germany and Austria, with headquarters in Malta. This €4.6 billion deal means Tipico will join forces with Betclic Banijay’s […]