Ugandan regulators discuss 15% winnings tax implementation with operators
Licensed operators must deduct 15% tax from payouts minus stakes, while National Lottery winnings remain exempt.
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Reports
Departure
Yokohama mayor resigns amid possible revival of casino resort bid
Yamanaka’s resignation could allow Yokohama to revisit an integrated resort bid.
IGB advances changes to Illinois voluntary self-exclusion programme
Illinois regulators are updating voluntary self-exclusion alongside efforts to strengthen gambling-harm education, prevention, treatment and public awareness.
Missouri casinos record $171.4m August revenue as takings decline 3.5%
Missouri operators face a sharper revenue decline in table games than slots, with only four casinos recording annual growth.
DraftKings CEO rejects claims prediction markets reduce US sportsbook volume
Investors assessing DraftKings’ competing products have its CEO’s rejection of sportsbook diversion claims, without substantiating figures in CNBC’s posting.
Stellar Gaming executive addresses Brazilian presidential candidates on regulated betting
Stellar Gaming’s institutional relations head addressed Brazil’s presidential candidates through an open letter about regulated betting.
DraftKings records nearly 610% increase in DKeX turnover as college football begins
DraftKings’ internal exchange recorded nearly 610% turnover growth coinciding with college football’s opening week.
Donald Tusk urges EU to consider gambling tax for next budget
Operators face a proposed 3% EU net-turnover tax, but Malta’s pledged veto threatens the required unanimous approval.
Prediction markets influence Brazilian currency and equities
Investors face reported links between election prediction markets, Brazil’s dollar movements and closing stock market performance.
Swedish Consumer Ombudsman seeks ban on Postcode Lottery Instagram advertising
Postcode Lottery faces court action seeking to ban its Instagram advertising over alleged failures to meet moderation requirements.
KSA chair calls for European action against illegal gambling
KSA’s chairman is calling for European action against illegal gambling amid Dutch gambling reform discussions.
ESMA warns of prediction market risks to investors and market integrity
Regulators and investors should note ESMA's warning that prediction markets pose investor and market integrity risks.
TaDa Gaming outlines Lucky Cerol 500 strategy in Brazil
TaDa Gaming’s Brazil strategy links changing advertising conditions to new regulations and how players discover and engage with games.
High 5 Games plaintiff alleges Apple data delay obstructs US settlement
Allegedly withheld Apple information is delaying class notification and damages calculations for the proposed High 5 Games settlement.
Survey finds 83.47% of Greater São Paulo benefit recipients have never bet
The findings give operators and regulators a baseline on betting participation among lower-income benefit recipients in Brazil's largest metropolitan market.
Nairobi appoints AGOK to 21-day gaming law review taskforce
AGOK’s taskforce membership gives operators representation in reviewing implementation of Nairobi County’s gambling legislation.
European Lotteries urges equivalent safeguards for prediction markets with comparable risks
European Lotteries advocates equivalent protections for prediction markets with comparable risks as products straddle financial services and gambling.
Pennsylvania State Police warns businesses to remove skill games or face seizures
Pennsylvania businesses retaining unregulated skill games risk raids and property seizures following the State Police warning.
Fine
SPA blocks over 66,000 betting domains and imposes R$18m in fines in Brazil
Brazil’s SPA prioritises action against illegal platforms, with enforcement including more than 66,000 domain blocks and R$18m in fines.
MP-BA files lawsuit against three companies over alleged illegal betting payments
Payment intermediaries face legal action as MP-BA alleges three companies facilitated payments for illegal betting platforms.
Italian tax courts favour ADM's position in nearly 70 unauthorised bookmaker rulings
Nearly 70 rulings support ADM’s position on the tax base used to calculate unauthorised bookmakers’ single betting tax.
Lula weighs expert advice on betting decision in Brazil
The pending government decision concerns online betting companies in Brazil.
Rhode Island sports betting and iGaming wagers reach $177.5m in July
Operators and investors can assess Rhode Island’s combined sports betting and iGaming wagering growth of 24% year over year.
ESMA examines prediction markets in September financial risk monitor
ESMA warns European operators face a different regulatory environment from the United States for prediction markets.
Connecticut issues nine cease-and-desist orders against prediction market operators
Prediction market operators face Connecticut cease-and-desist orders over alleged breaches of state gaming laws involving sports event contracts.