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Ministry of Justice Wants Increased Resources to Secure Gambling Revenue in Brazil
The Ministry of Justice and Public Security proposed doubling the National Public Security Fund’s share of gambling revenue in Brazil. The proposal aims to increase the fund’s tax portion from six percent to twelve percent. According to pay per head...
Star No Longer Eligible for a Sydney Casino License
The New South Wales casino regulator found Star Entertainment unsuitable for regaining its Sydney casino license. An investigation found that the company broke several industry rules and regulations. Authorities stopped the trading of the company’s shares on...
Super Group to Withdraw from US Sports Betting Market
After an extensive internal review, Betway’s parent company, Super Group, is withdrawing from the US sports betting market. The company said it doesn’t see long-term profitability from the US market. It’s shutting down sports betting in these nine states:...
Sportsbooks Favor Kamala Harris Over Joe Biden in US Presidential Race
Sportsbooks has Kamala Harris ahead of Joe Biden in the US presidential race. However, Donald Trump remains the top favorite candidate for the upcoming election on November 5. The report came after a major debate on CNN last week. In addition, the presidential debate...
Delaware Online Sports Betting Expansion Bill in House Appropriation Committee
The Delaware online sports betting expansion bill, authored by Representative Franklin D. Cookie, is now on its way to the House Appropriation Committee. This bill, if passed, will significantly open up the online sports wagering market, allowing each casino to...
US Gaming Industry Achieved Record Earnings in 1Q of 2024
The US gaming industry has many reasons to celebrate in the year’s first quarter. Also, the actual amount is $17.67 billion. That’s how much the sector earned in the first three months of 2024. According to booking news reports, it included physical casinos,...