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The Brazilian Institute of Responsible Gaming (IBJR) has strongly criticized a proposed increase in the country’s sports betting tax, warning it could substantially boost illegal gambling activities and reduce public revenues by billions.
Brazil’s Minister of Finance, Fernando Haddad, announced the potential of a hefty tax hike from 12% to 18% during a recent press conference, positioning it as...
Inspired Entertainment has secured a private deal of $363 million in a debt refinancing plan due by 2030.
As well as the multi-million dollar deal, Inspired Entertainment has also completed a new $24 million revolving credit facility. The combination of these two deals will replace the firm’s old debt and offer it more financial flexibility over the next few years, with the first deal due by June...
Most regular gamblers in Britain say they would consider turning to illegal, unregulated betting websites if the government raised taxes on sports betting companies. That’s the main finding from a new survey by YouGov, commissioned by the Betting and Gaming Council (BGC).
For years, BGC members have been boosting their support for racing. It’s now at record levels. But new tax hikes could...
The Hard Rock Hotel...
Flutter Entertainment, the company behind Paddy Power, has commented on Illinois’s new betting transaction fee for licensed sports betting operators, starting next month.
On May 31, the Illinois State Legislature approved a $55.2 billion budget that includes a fee of 25 to 50 cents per sports wager. From July 1, sportsbooks will pay a 25-cent tax on each of the first 20 million bets placed in the...
The Gambling Regulatory Authority of Ireland (GRAI) has shown that it’s open to making some important changes to how it handles licensing, after hearing from a wide range of industry stakeholders.
In its Public Consultation Response Report released in May 2025, the Authority shared a few updates it’s actively considering. This includes introducing a tiered licensing fee structure based on Gross...
The national Swedish gambling regulator has banned Simba, an online casino software provider, from operating in the country.
The regulator, Spelinspektionen, has ruled that the company is operating without a license, meaning it can no longer offer services in the Swedish market. This discovery comes after Spelinspektionen noticed that gaming brands, Betblast, SlotMonster and FoxyGold were...
The Maine Gambling Control Unit has issued a warning to residents about illegal gambling websites and apps.
On Monday, June 9, the Maine Gambling Control Unit has published a warning to residents, as well as a reminder that online casino games are still illegal in the state. This could be set to change if a new bill is passed granting exclusive rights to four tribal casinos but, as it stands,...
The Social Gaming Leadership Alliance (SGLA) has responded to an enforcement action from New York Attorney General Letitia James, following an announcement from the state’s Office of the Attorney General (OAG) that it’s banning online sweepstakes casinos from operating in New York.
In a statement shared with ReadWrite, the SGLA said the move wrongly portrays social online games that use...
Sports betting is just one of many areas targeted in a push from Southern Baptists to Dallas lawmakers.
Southern Baptists are set to meet this week in Dallas, where they will be asked to approve resolutions on a number of topics. That includes a legal ban on pornography, reversing the US Supreme Court’s decision to approve same-sex marriage, and curtailing sports betting, reports ABC News.
The...