Key Moments: The Ministry of Finance in Vietnam has drafted a decree to increase the daily football betting limit to VND10 million ($380) per player. The updated regulations require participants to be at least 21 years old and to place bets through accounts registered with licensed operators. Concerns have been raised about the potential impact of betting limits on both market appeal and revenue generation. Vietnam Plans Substantial Reform for Betting Sector The Ministry of Finance in Vietnam drafted a decree to reform betting rules for horse racing, greyhound racing,…
Read MoreDay: 29 September 2025
Macau Satellite Casino Closures Advance Early as Talent Exodus Reshapes Industry
Key Moments: Multiple satellite casinos in Macau have discontinued operations before the official December 31, 2025, shutdown deadline due to staff departures. Recruitment of marketing teams by larger casino operators has sharply accelerated closures at smaller venues. Industry players are repurposing former satellite casinos into budget hotels, while main operators ramp up gaming floors to absorb displaced business. Staff Poaching Drives Early Closures Numerous satellite casinos in Macau have halted operations well before the mandated December 31, 2025, closure date. The key catalyst behind these unexpected early exits is the…
Read MoreBrazil Weighs Higher Betting Taxes to Bolster Healthcare Funding and Tighten Oversight
Key Moments: Proposal aims to raise the fixed-odds betting tax rate in Brazil from 12% to 18%, with 6% dedicated to health programs. MP 1,303/2025 mandates prompt regulatory approval timelines and contains tough measures against illegal operators. An estimated R$4.8 billion in annual revenue could be allocated to Brazil’s public health system if passed. Legislative Developments and Timelines Federal Deputy Carlos Zarattini (PT–SP) has introduced his draft for Provisional Measure (MP) 1,303/2025. The proposal seeks to significantly raise the taxation rate for fixed-odds betting. The proposal would move the existing…
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