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Key Moments: UNAD has reiterated its demand for a full ban on gambling and betting advertisements in Spain. The organization revealed that 1,304 individuals received treatment for non-substance addictions at 24 centers, with notable demographic differences between men and women. UNAD is urging the government to implement stricter deposit limits and accelerate regulatory action to protect vulnerable groups. UNAD’s Renewed Appeal Against Gambling Advertisement UNAD (Union of Associations and Entities for the Care of Drug Addicts), Spain’s foremost addiction treatment network, has reiterated its call for a sweeping prohibition on…

Key Moments: NLB Chairman M.D.C.A. Perera announced legal action following allegations of Rs. 120 million in misappropriated lottery revenue. Multiple individuals, including close relatives of prominent political figures, have been named in connection with unpaid amounts to the National Lotteries Board. NLB officials clarified that 41 super prizes were given in 2024, with prize disbursements totaling Rs. 47 crores this year. Allegations of Large-Scale Lottery Ticket Sales Fraud The National Lotteries Board (NLB) has revealed intentions to pursue strict legal measures against the wife of MP Hesha Withanage and the…

Key Moments: The Miccosukee Tribe of Indians of Florida has begun a phased $40 million expansion at Miccosukee Casino & Resort. The groundbreaking event featured tribal leadership, community members, and partners including Arcadis, Dade Construction, EDSA, and Martin Aquatic. The first phase of the expansion includes a new pool, a lazy river, and an entertainment facility. Launch of Major Development at Miccosukee Casino & Resort The Miccosukee Tribe of Indians of Florida has commenced a significant $40 million expansion project at Miccosukee Casino & Resort. The groundbreaking ceremony, staged in…

Key Moments: Marina Bay Sands Pte Ltd has received a SG$315,000 (US$243,400) fine from the PDPC for a 2023 data breach impacting 665,495 individuals. The incident stemmed from improper security protocols during a major software migration in March 2023, exposing personal details on the dark web. The breach was not detected for six months, drawing scrutiny over inadequate security controls and oversight at Marina Bay Sands. Software Migration Incident Exposes Personal Data Marina Bay Sands Pte Ltd, the operator of the iconic Singapore-based resort complex, was subjected to a SG$315,000…

Key Moments: The 10th Ibero-American Gaming Summit is scheduled for May 5-6, 2026, at the Bogotá Marriott Hotel, with Coljuegos as the event host. Colombia’s gaming industry contributed approximately COP 883.992 billion (USD 219.6 million) to public health in taxes and fees during the first half of 2025. The summit’s official website already offers early-bird tickets at a 40% discount. Anniversary Edition Returns to Colombia The 10th Ibero-American Gaming Summit will take place in Bogotá, Colombia, on May 5–6, 2026. Coljuegos, Colombia’s gaming regulator, will host the event at the…

Key Moments: The Philippines enacted Republic Act 12312, permanently outlawing all offshore gaming operations Existing POGO licenses, visas, and work permits have been revoked, with foreign workers required to leave the country Violations now carry escalating penalties, with fines reaching up to Php50 million (US$850,920) and imprisonment up to 12 years for repeat offenders Broad Scope of the Anti-POGO Legislation The Philippines has enacted Republic Act 12312, or the Anti-POGO Act of 2025. This measure aims to reinforce the nationwide ban on offshore gaming activities. Signed into law on October…

Key Moments: A Fundación Manantiales study reported that 27% of Montevideo students between 12 and 18 engage in daily online gambling. 42% of surveyed teens admitted placing bets online without their parents’ knowledge or approval. Experts are sounding the alarm for tighter regulations and better digital safeguards for minors. Worrying Statistics Among Montevideo Youth A recent investigation by Fundación Manantiales has uncovered significant levels of online gambling among Montevideo’s adolescent population. The study, which surveyed 925 students aged 12 to 18 across selected educational institutions, found that 27% of respondents…

Key Moments: MGM Resorts International (NYSE: MGM) revealed a third-quarter loss driven by weaker Las Vegas Strip performance and notable one-time charges. The company recorded a $256 million goodwill impairment charge and $93 million in write-downs after stepping back from the New York casino licensing process. CEO Bill Hornbuckle conceded that missteps in pricing strategy negatively affected the customer experience in Las Vegas. Financial Highlights and Las Vegas Performance MGM Resorts International (NYSE: MGM) saw its shares take a hit in after-hours trading after releasing third-quarter results that fell short…

Key Moments: Ontario sportsbook revenue in September fell 23% month over month Total cash wagers in Ontario increased by 5% compared to August Active player accounts rose 15%, while average revenue per account declined 15% Revenue Falls as Betting Volume Rises Ontario’s regulated iGaming market experienced notable shifts in September, as disclosed by iGaming Ontario. While total cash wagers climbed by 5% over August to CA$8.55 billion, overall revenue slipped 2% to CA$329.4 million. This dynamic was visible in the sports betting vertical, where gross revenue declined 23% month over…

Key Moments: A new bill proposes doubling Brazil’s gambling tax rate to 24% of gross gaming revenue Industry experts warn the measure could damage growth and push activity toward unregulated markets Operators already face multiple layers of taxation, driving Brazil’s effective tax burden among the world’s highest Escalating Tax Proposals Spur Uncertainty Brazil’s gambling sector, which only recently entered a regulated era, now faces turbulence due to fresh legislative efforts aimed at increasing taxation. Under newly introduced bill PL 5,076/2025, lawmakers are considering pushing the gambling tax rate from 12%…