Brazilian Appeals Court Halts Stake’s Operations Amid Renewed Betting Ban

Brazilian Appeals Court Halts Stake’s Operations Amid Renewed Betting Ban

Key Moments: Stake’s temporary return to Brazil ended after a federal appeals court reversed its injunction Stake’s website and app have been unavailable since October 10, 2026 A study by LCA Consultores estimated R$73 billion ($14.7 billion) in tax revenue could be at risk if the ban continues Stake Faces Legal Setback in Brazil Stake’s attempt to re-enter the Brazilian online gambling market was cut short after the Federal Regional Court of the 3rd Region overturned a lower court’s injunction that had briefly shielded the company from Brazil’s nationwide betting…

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Online Gambling Levy Absent from Ireland’s Draft EU 2028-2034 Budget Framework

Online Gambling Levy Absent from Ireland’s Draft EU 2028-2034 Budget Framework

Key Moments: Ireland’s draft for the EU’s 2028–2034 budget does not include an online gambling levy among proposed new revenue sources. The proposed Multiannual Financial Framework sets commitments at €1.62 trillion in 2025 prices, €141 billion below the European Commission’s suggestion. Revenue estimates for an EU-wide online gambling levy have been sharply disputed by analysts and industry stakeholders. Proposal Overview: New EU Revenue Sources Ireland, currently presiding over the Council of the European Union, has presented a draft budget framework for 2028–2034 that omits an EU-wide online gambling levy. Circulated…

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