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Macau announces plan to raise non-gaming GDP share to 60% by 2030
Macau's government announced a plan this week to raise non-gaming sectors' contribution to gross domestic product to 60% by 2030. Chief Executive Sam Hou Fai unveiled the "New Blueprint, New Journey, New Opportunities" initiative for "high-quality development".
Macau casino operators commit MOP9bn to government Guidance Fund
Macau's six casino concessionaires signed on as limited partners in the Macau SAR Government Guidance Fund on 23 October, committing a combined MOP9bn ($1.12bn). With MOP11bn from fiscal reserves, the fund starts with about MOP20bn ($2.48bn). Commitments count toward the operators' non-gaming investment pledges under concessions running to 2032.
Macau's six casino concessionaires signed on as limited partners in the Macau SAR Government Guidance Fund on 23 October, committing a combined MOP9bn ($1.12bn), according to a report. The signing ceremony was attended by Chief Executive Sam Hou Fai. Together with MOP11bn ($1.36bn) drawn from the city's fiscal reserves, the commitments give the fund initial capital of about MOP20bn ($2.48bn).
NFL suspends Arizona Cardinals executive over alleged betting policy breaches
The NFL suspended an Arizona Cardinals executive last week for violating the league's sports betting policy. The suspension followed an investigation, the report said. The executive was not named in the report.
Brazil Supreme Federal Court schedules betting-ban hearing for 3 November
Brazil's Supreme Federal Court scheduled a public hearing for 3 November to consider challenges to the fixed-odds betting ban, reportedly. Justice Luiz Fux invited 26 participants; his 26 October order neither ruled on the challenges nor granted operators' requested interim relief, leaving the measure in force and expired authorisations ineffective.
IAGR schedules first illegal gambling awareness week for 9–13 November
The International Association of Gaming Regulators announced its first Illegal Gambling Awareness Week, scheduled for 9–13 November 2026, with member jurisdictions coordinating consumer communications. IAGR said campaign materials will be available from 6 November and will encourage consumers to check whether gambling sites are licensed in their jurisdiction.
The International Association of Gaming Regulators (IAGR) announced the first Illegal Gambling Awareness Week (IGAW), scheduled for 9–13 November 2026, the association said. IAGR presented the initiative at a briefing during its annual conference in Lima. The campaign is the first coordinated international effort to inform consumers about the risks of unauthorised online gambling, according to the association.