Regulatory Shifts Propel Paraguay’s Gaming Market to New Heights

Regulatory Shifts Propel Paraguay’s Gaming Market to New Heights

Key Moments: Paraguay’s gaming sector recorded a 14.93% year-on-year increase in tax collection between January and August 2025, reaching PYG. 138.741 billion. May and June 2025 saw notable monthly growth, with contributions exceeding PYG. 18.7 billion and annual percentage increases of 36.41% and 36.83%, respectively. Resources collected from gaming in August 2025, totaling more than PYG. 18.54 billion, were allocated to the Public Treasury, DIBEN, local governments, and the DNIT. Rising Revenues Cement Paraguay’s Gaming Industry Growth Paraguay’s gaming sector experienced robust revenue performance between January and August 2025, as…

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Winning Post Unveils Comprehensive Platform for Horse Racing Enthusiasts

Winning Post Unveils Comprehensive Platform for Horse Racing Enthusiasts

Key Moments: Betting.bet has introduced Winning Post as a new resource focused on horse racing. Winning Post consolidates racing tips, live results, racecards, analysis, and a weekly competition with a £250 prize. The platform has announced partnerships with UK bookmakers and a sponsorship commitment to UK racing meetings through 2026. Comprehensive Platform Launch Betting.bet, recognized for its global aggregation services, has introduced its sister brand, Winning Post. The newly launched platform aims to redefine the online experience for racing fans by offering a centralized hub featuring a wide variety of…

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Guatemala Advances Stronger Legal Framework to Target Illegal Slot Machines in Local Stores

Guatemala Advances Stronger Legal Framework to Target Illegal Slot Machines in Local Stores

Key Moments: Bill 6645 introduces severe penalties for unauthorized slot machine operations in neighborhood shops. Offenders face immediate shop closures, tax fines, and prison terms ranging from five to ten years. The legislative proposal is designed to protect minors and reinforces tax compliance in gambling activities. Criminal Code Reform Targets Informal Gambling Hubs Guatemala is considering comprehensive changes to its Criminal Code to counter the spread of slot machines and unofficial gambling venues within local retail stores. Bill 6645, brought forward by Fidencio Lima, president of the Governance Commission of…

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Colombian Gaming Federation Demands Immediate Ban on Polymarket Over Election Betting Concerns

Colombian Gaming Federation Demands Immediate Ban on Polymarket Over Election Betting Concerns

Key Moments: Fecoljuegos has asked Coljuegos to prohibit Polymarket’s operations in Colombia due to alleged illegal political betting activities. Concerns have been raised about the platform’s impact on electoral trust and the potential for undermining democracy. The use of cryptocurrencies by Polymarket is said to increase financial risk and circumvent local consumer protections. Call for Regulatory Action The Colombian Federation of Gaming Entrepreneurs (Fecoljuegos) has formally appealed to the national gaming regulator, Coljuegos, to enforce an immediate ban on the cryptocurrency prediction market Polymarket. Fecoljuegos claims that Polymarket hosts unauthorized…

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Thailand Considers Overhaul of Lottery Operations with New Lotto-Style Model

Thailand Considers Overhaul of Lottery Operations with New Lotto-Style Model

Key Moments: Thailand’s Government Lottery Office is evaluating a shift from a state monopoly to a privately managed lottery system. The proposed lotto system would introduce jackpot rollovers, diverging from Thailand’s existing six-digit and N3 lotteries. Authorities continue to crack down on illegal gambling venues amid ongoing regulatory changes. Shifting Toward International Lottery Practices The Government Lottery Office (GLO) in Thailand is now assessing the feasibility of a lotto-style lottery platform. As a result, the country could move away from its current government-dominated framework. If implemented, this change would enable…

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Nigeria Introduces Mandatory Registration for Foreign Gaming Technology Deals

Nigeria Introduces Mandatory Registration for Foreign Gaming Technology Deals

Key Moments: The National Office for Technology Acquisition and Promotion (NOTAP) has instituted a requirement for registration of foreign technology agreements in the gaming sector. The reforms are designed to improve transparency, safeguard intellectual property, and encourage local participation in Nigeria’s growing gaming industry. Industry stakeholders have voiced both support and calls for clearer guidelines to address the sector’s complex technology landscape. Regulatory Overhaul Targets Imported Technology in Gaming The National Office for Technology Acquisition and Promotion (NOTAP) has introduced new rules. These now require registration of all foreign gaming…

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Norsk Tipping’s Commission Model Sparks Debate Over True Marketing Limits

Norsk Tipping’s Commission Model Sparks Debate Over True Marketing Limits

Key Moments: Norsk Tipping reported NOK 521 million in total commissions to resellers in 2024, with NOK 200 million directed to digital partners. The operator stayed within the official NOK 180 million annual advertising cap, but commissions to media partners are not included in this limit. Lotteritilsynet raised concerns about whether these commission arrangements should be treated as marketing costs rather than sales expenses. Ad Spend Limits and Commission Contracts Norsk Tipping has adhered to Norway’s strict cap on gambling advertising spend, limiting annual outlays to NOK 180 million as…

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International Entertainment Corporation Sees Sharper Losses Amid Casino Expansion

International Entertainment Corporation Sees Sharper Losses Amid Casino Expansion

Key Moments: International Entertainment Corporation reported a net loss of HK$282.14 million ($36.26 million) for the fiscal year ended June 30, 2025. Group revenue surged to HK$566.16 million ($72.77 million), primarily driven by casino operations under its PAGCOR licence. Leadership changes were announced, with Luk Ching Kwan Corio appointed as independent non-executive director effective September 26, 2025. Fiscal Year Performance Overview International Entertainment Corporation (HKEx: IEC) reported that its net loss more than doubled year-on-year, reaching HK$282.14 million ($36.26 million) for the year ended June 30, 2025. This result came…

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CT Interactive Expands International Presence with Strategic Partnerships and Product Launches at SBC Summit Lisbon

CT Interactive Expands International Presence with Strategic Partnerships and Product Launches at SBC Summit Lisbon

Key Moments: CT Interactive announced new agreements with Juega en Línea and Codium, advancing its expansion in Latin America, Europe, and Africa. Juega en Línea is set to introduce CT Interactive’s portfolio and Hot Luck Jackpot in Venezuela, while Codium will support entry into Slovakia, Liberia, Nigeria, and Tanzania. New product releases, including the Diamond Tree Jackpot and additions to the Buy Bonus series, were unveiled during the second edition of SBC Summit Lisbon. Regional Deals Drive Expansion Strategy CT Interactive has taken significant steps toward its global growth agenda…

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Portuguese Lawmakers Address Tighter Gambling Ad Restrictions and Sector Reforms

Portuguese Lawmakers Address Tighter Gambling Ad Restrictions and Sector Reforms

Key Moments Portugal’s Parliament has decided to advance five proposals to impose stricter limits on gambling advertising and promotions. The Socialist Party plans to introduce a non-binding resolution aimed at strengthening gambling oversight and protections. APAJO maintains that gambling advertisements are essential for distinguishing licensed operators from illegal ones. Parliament Sets New Course on Gambling Ads and Promotions Lawmakers in Portugal are rekindling debates concerning the regulation of gambling advertising and promotions. The legislative body has recently agreed to advance five proposals from the left-wing ecologist party, Livre, focusing on…

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