SectorWire
SearchGet the daily briefing
Menu

Uruguay's finance ministry takes over Casino Parque Hotel from Montevideo

Regulation

Casino Parque Hotel in Montevideo ended its municipal management on the Friday before the report and was due to pass to Uruguay’s Ministry of Economy and Finance on 1 September. Mayor Mario Bergara estimated the transfer would save more than USD 2 million annually; the casino recorded a UYU 127,889,082 deficit in 2025.

The change transfers responsibility for the casino from the municipal to the national level, with a stated annual saving estimate.

Request a correction

Keep reading

Regulation

Italy reports €5.452bn in gambling-related tax revenue for January–September 2026

Italy’s Ministry of Economy and Finance reported total tax revenue related to gambling of €5.452bn for the first nine months of 2026, down €334m, or 5.8%, year on year. Indirect tax revenue from lotteries and other gambling activities was €4.529bn, down 7.7%; revenue from gaming machines fell 7% to €3.633bn, while other gambling revenue rose 2% to €306m.

Gambling-related revenue across the first nine months of 2026 reached €5.452bn, according to the Ministry of Economy and Finance. The total was down €334m, a 5.8% fall compared with the same period a year earlier. The figures appear in the ministry's tax revenue report, which was published on the day of writing.

Continue reading